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<p>[QUOTE=&quot;physics-fan3.14, post: 2376486, member: 19165&quot;]The crux of the debate is this: </p><p><br /></p><p>The coin has UNC details. But, it would sell for a much lower price. The &quot;net&quot; grade is considered to be the value at which it would sell (based on a discount for the problems). </p><p><br /></p><p>For example, imagine a Morgan that has the details of an AU (based on its wear). However, it has been polished with a wire brush. Because of that, it will sell for a strong discount - a dealer could expect to realistically only get a VF-30 price. So, the coin would be AU details, Net VF-30. </p><p><br /></p><p>This style of grading has become less popular, because every problem affects the value differently. It is very hard to be consistent, and very hard to standardize these issues. </p><p><br /></p><p>The EAC style of grading (Early American Coppers) still use this type of grading - the EAC grade accounts for all sorts of surface issues, problems, and such. You might see an EAC grade of F-12 for a coin which may have VF+ details - because all of the problems have been discounted into the final grade.[/QUOTE]</p><p><br /></p>

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