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<p>[QUOTE=&quot;Insider, post: 8163719, member: 24314&quot;]At one time the ANA used &quot;Choice&quot; and &quot;Typical&quot; to identify coins in the top or bottom of a grade.&nbsp; A choice coin had fewer marks than a typical coin.&nbsp; The combined the amount of wear and the number of marks.&nbsp; Later, they corrected this confusing mistake.&nbsp; I started preaching how stupid this was for years&nbsp; because a baggy coin that had an AU-59 amount of wear could not be considered &quot;choice&quot; (very few detracting marks).&nbsp; Therefore it was a Typical AU (AU-50-53).</p><p><br /></p><p>I am extremely pleased that today the amount of wear on a coin has been made a major determination of the circulated grades.&nbsp;&nbsp; So we have come full circle.&nbsp; </p><p><br /></p><p>News Flash:&nbsp; Modern &quot;detail&quot; grading is exactly what was done way back in 1972 using the &quot;Technical Grading System&quot; I developed to ID coins for internal record keeping and then at the first TPGS - INSAB.&nbsp; Additionally, commercial grading of circulated coins has evolved to be more focused on the actual amount of wear.&nbsp; That was obvious to us in 1972.&nbsp; <b>Straight grades for MS coins depends on several factors such as luster and marks.&nbsp; A circulated straight grade depends on the amount of wear. </b></p><p><br /></p><p>The ANA had the chance to do exactly this at least a year before they had the &quot;experts&quot; write a grading guide.&nbsp; They did not.&nbsp; The <b>big problem</b> with the true Technical Grading System was that <b><span style="color: #b30000">a coin&#039;s value was of no consequence.</span></b>&nbsp; <span style="color: #b30000">It was designed only to determine a coin&#039;s condition of preservation from the time it was struck and to ID it (along with weight and photo of both sides) if it were ever lost. </span> <b>It did not work at all in the commercial market </b>where lustrous, mark free sliders (AU) were sold as MS-65 gems.&nbsp; It was NOT practiced at the ANA&#039;s service in CO. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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