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<p>[QUOTE=&quot;Colonialjohn, post: 3114396, member: 57741&quot;]It&#039;s the old saying you buy the coin and not the number. The more CRUDE a coin&#039;s manufacturing method the less reliable is the grading by NGC and PCGS. They do serve an important purpose being in a coin&#039;s authenticity and most casual collectors do have a good point in the saying - today if a coin is not in a slab there may be something wrong with it? Recently - venturing into Cental Amaerican Provincial rarities and of course here I am finding the TPG grading is a joke. A recent AU50 Honduras 4 Real shows no wear under a stereo microscope. Some of the top end pieces are graded 50-58 - sort of covering themselves from 60+ since it is difficult telling weakly struck areas of a coin&#039;s surface to actual circulation wear - TPG&#039;s #1 nemesis all along as with all Colonial type manufactured coins which are irregularly struck in a screw press. This comparison here is like the inquiry IMO what is your preference on a Morgan - brilliant white or rainbow toned?</p><p><br /></p><p>John Lorenzo</p><p>Numismatist</p><p>United States[/QUOTE]</p><p><br /></p>

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