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<p>[QUOTE=&quot;Conder101, post: 1261044, member: 66&quot;]There is no real &quot;relationship.&nbsp; Grading is an art not a science and in the high end Mint State grades it is all a lot of inconsistant subjective opinions.</p><p><br /></p><p><br /></p><p>No.&nbsp; Yes they were based on relative values and the numbers established the value not the grade.&nbsp; And the numbers were a multiplying figure to be applied to the value of that coin in the Basal State grade of Poor.&nbsp; If you know the value of that coin in Poor and you had a coin in Fine then your coin would be worth 12 times what the Poor coin was worth.&nbsp; Sheldon thought the ratios that held for the different grades was some kind of natural law rather than a description of what existed at a given moment in time.&nbsp; So when wages changed, and the number of collectors changed the ratios changed as well but Sheldon and later EAC spend years trying to tweak the system to make the old ratios work again.&nbsp; Finally in 1972 EAC scrapped the system.&nbsp; Five years later the ANA stuck the numbers back onto the existing grades and ballyhooed it like it was something new and different.&nbsp; The numbers are almost absolutely meaningless except to the extent that a higher number is supposed to be better than a lower number.&nbsp; They could have used any numbers they wanted, they could have used letters, or any other symbol because what they appended onto the letter grade has no meaning.[/QUOTE]</p><p><br /></p>

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