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<p>[QUOTE=&quot;Onehawk33, post: 402025, member: 13978&quot;]Maybe years from now I&#039;ll look back on this post and say, boy that was dumb......maybe hours, I dunno, see what you think.....</p><p>&nbsp;</p><p>Scenario.....The US Gov&#039;t issued a 7 cent coin from 1885-1915.&nbsp; The coin was well received by the public and circulated heavily.&nbsp; It was so well liked by the public that the senator who proposed the coin was elected president in 1924.&nbsp; While president, congress reviled the senator so greatly they repealed the 7 cent act, however the public loved the coin and continued to utilize it in daily commerce. Then in 1931,&nbsp; still wanting to punish the president, congress offers a redemption value of $100 per coin.&nbsp; Thus ensuring that 99.99999% of the CIRCULATED population disappears,&nbsp;&nbsp; Some collectiors keep their UNC pieces, but virtually all redem their circulated specimens.</p><p>&nbsp;</p><p>Fast forward 70 years.....The entire redeemed population is found in an abandoned coal mine.&nbsp;&nbsp; There are no grading standards for this coin.&nbsp; You are the nation&#039;s leading numismatist and are tasked with creating such standards.&nbsp; What do you do?&nbsp; Do you sample &quot;x&quot; number of coins and decide that 4% should be AU and any coins that are worn as such are AU, then 8% XF, 15% VF, 25% F, etc.&nbsp; What would YOU do?[/QUOTE]</p><p><br /></p>

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