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<p>[QUOTE=&quot;Mark Feld, post: 993086, member: 11467&quot;]I disagree. </p><p>&nbsp;</p><p>The major grading companies still apply (silent) net grades in many instances. For example, many coins which have been lightly cleaned receive (net) grades, as opposed to &quot;genuine&quot; designations. It&#039;s just that the grades are lower than they would have been without the cleaning. And that is partly why, to the untrained eye, some coins appear to be under-graded - the observer is not seeing what the grading company saw, and which caused them to down-grade the coin.</p><p>&nbsp;</p><p>If you think about, all coins (except for 70&#039;s) which receive grades, are net graded for some type of flaw(s). It&#039;s just a matter how much they are down-graded and for what reason(s). </p><p>&nbsp;</p><p>Lastly, although I have said this a number of times on different coin forums, I will say it again, here....Often, the decision as to whether to no-grade or a assign a grade to a given coin can be as or more difficult (and inconsistent) as the decision regarding what grade to assign.[/QUOTE]</p><p><br /></p>

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