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<p>[QUOTE=&quot;johnmilton, post: 25518098, member: 101855&quot;]For those who have not been around forever, the 70 point Sheldon scale was set up as a pricing shortcut tool. Each Sheldon large cent variety had a basal value. You took that dollar amount and multiplied it by the grade number to get an approximate value for the piece. </p><p><br /></p><p>The system was shown to be flawed almost as soon as Sheldon introduced it. The most obvious problem was with the finest known examples of a variety which were worth way more than his system calculated. Then the rest fell to pieces. </p><p><br /></p><p>As for the 10 point decimal grading system, the grading companies have been hoping it would catch on for years. If it had, they would have made millions on reholdering fees. Happily, it hasn’t.[/QUOTE]</p><p><br /></p>

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