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Message:: [QUOTE="Lehigh96, post: 972144, member: 15309"]So you have the ability to discern the difference between MS63 & MS64 but not MS67 & MS68.  That does not preclude others from having that ability and it does not mean there shouldn't be a price difference between the two grades.  Your other arguments are counterintuitive.  If the graders don't have the ability to be consistent, why would it be necessary to resubmit a coin 10 to 15 times. The use of population reports is a guide to the conditional rarity of a coin.  Everyone knows they are not completely accurate.  That does not mean they are completely useless.  In the example given, the 1944-D MS67/68 FB Mercury Dime, you would have to be a fool not to believe that the number of 67's is many multiples (15x-20x) that of the number of 68's. For someone who can't discern the difference between two grades, you are right, it would be silly to pay more money.  For those that can discern the difference, the price variation is warranted and expected.  And I agree that most casual collectors don't know the difference.  On the other hand, most of the graders at NGC and PCGS do know the difference.[/QUOTE]