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<p>[QUOTE=&quot;Lehigh96, post: 1766875, member: 15309&quot;]While I agree with you in a general way that Doug typically grades coins at least 1-2 numerical grades below the TPG&#039;s, he has a very valid point with the coins posted in this thread.</p><p>&nbsp;</p><p>You might recall the long debate I had with Doug where I defended the fact that the TPG&#039;s routinely grade St Gaudens $20 with high point wear as uncirculated coins. But the crux of my point in that debate rested upon the fact that there was no wear in the fields of the coins. The first coin in this thread shows what I would call pretty obvious wear in the obverse fields and the 3rd coin has a similar look, though it could be an photographic effect caused by the proof-like surfaces of the coin which is why I guessed MS62PL.</p><p>&nbsp;</p><p>The fact is that some of the coins in this thread appear to be circulated coins from the photos and Doug is not the only person who thinks so. I submitted my guesses after reading the first post only and even I had one of the coins as AU58.</p><p>&nbsp;</p><p>My major problem with criticizing PCGS&#039;s grades in this case is that I don&#039;t have first hand knowledge with these series of coins and only have a photograph to judge the coins. There are certain dates of Jefferson Nickels that have a curious luster profile in the fields of the coins that will cause a non Jefferson collector to think the coin is AU rather than MS. Perhaps that is what is happening with these coins as well but I have serious doubts about that.</p><p>&nbsp;</p><p>I don&#039;t want to get into a debate about a change in numerical grading standards over the years, but it is undeniable that the TPG&#039;s are market grading coins with high point wear as uncirculated coins. I have no problem with that as long as the wear is contained to the high points of the devices and can be contributed to roll friction. But roll friction can not explain wear in the fields like the coins in this thread.</p><p>&nbsp;</p><p>To the OP, Matt I am very interested to know what grades you thought these coins would achieve before you submitted them.[/QUOTE]</p><p><br /></p>

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