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<p>[QUOTE=&quot;eddiespin, post: 408077, member: 4920&quot;]NP, let me just add (as long as I&#039;m the one who re-started this fiasco), I still don&#039;t understand why some of us are taking such things as %-age of luster, %-age and location of bag marks, detail, strike, etc., as if that criteria is some new phenomenon called &quot;market grading.&quot; Before that term even came into existence, we&#039;ve been grade-distinguishing uncirculated coins that exact way, according to that exact criteria. What other criteria is there when in mint state? So, quite frankly, I don&#039;t care what any books may be calling that. I continue to understand these criteria as &quot;technical grading.&quot; They&#039;re just the technical criteria one looks at when one is grading mint state as opposed to circulated coins. </p><p><br /></p><p>Be that as it may, concededly, it&#039;s not all that black and white. It&#039;s a balancing test. Here, this strike is gem, yet the contact marks hold the coin back at 64. Where is the technical guidance on how we&#039;re to weigh those conflicting criteria? It&#039;s a (not to use a pun) coin toss. If you&#039;re grading the coins to sell them, you put prominence on the strike. That&#039;s why I say, we shouldn&#039;t grade them with regard to that (selling them). </p><p><br /></p><p>Personally, I think the strike should have superiority over the marks. Today, and in tomorrow&#039;s market, too. But, I don&#039;t see any &quot;book&quot; telling me that. I see an ANA, but no book on that. If we do this right, though (IMHO), every coin will be the same grade tomorrow as it is today. The money will just be different, according, understandably, to prevailing consumer preferences (i.e., &quot;market&quot;). Technical grading, the way most of us appear to be construing it, is strictly for circulated coins. You hit mint state, all bets are off, and you&#039;re grading for the market. I&#039;m saying, no, that kind of grading is still technical grading. When you&#039;re market grading, you&#039;re looking at a value and working backwards to a grade. Continue working forward, understand these &quot;market criteria&quot; (%-age of luster, %-age and location of contact marks, detail, strike) as the <i>technical </i>criteria used to distinguish the mint state grades. And, if the &quot;book&quot; says different--well, simple--throw it away. </p><p><br /></p><p>I look at my 2007 Red Book, and I see the chapter entitled, &quot;<b><i>Conditions </i></b>of Coins,&quot; subtitled, &quot;Essential Elements of the ANA <b><i>Grading </i></b>System.&quot; I don&#039;t see anything there in reference to any &quot;market.&quot; <b><i>Grading </i></b>is <b><i>condition</i></b>, without regard to market. Period. That&#039;s how I continue to have it, anyway...[/QUOTE]</p><p><br /></p>

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