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<p>[QUOTE=&quot;Kirkuleez, post: 2128171, member: 36864&quot;]The 1-70 point scale as Sheldon wrote was based on wear, bag marks and strike and was initially established to figure out a coins worth based on its basal state (Poor-1) worth. In other words, if you had a coin that graded AU-55, it was worth 55 times the same coin in its basal state. This price scale worked to a point at the time of his writing, but with condition and TPG census rarities, it no longer really applies. The 1-70 scale is no longer applicable for its original purpose, but it will remain the standard for the long haul for better or worse.[/QUOTE]</p><p><br /></p>

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