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<p>[QUOTE=&quot;medoraman, post: 1273573, member: 26302&quot;]First, there is no AU grade in ancients. Never has been. I would grade that coin aEF. I am somewhat a strict grader. Please note that for ancients an EF coin is a superlative coin. For comparisons for US collectors, I would say aEF ancient would be about a 45-50, EF about a 50-62, gEF 62-64, and a FDC 65up. FDC ancients are exceedingly rare, so much so good dealers are very leery of giving that grade for fear collectors will accuse them of overgrading. EF&#039;s by themselves are very scarce except for certain issues. This one happens to be an issue where EF is common. I believe shortly after this reign a lot of chaos was going on and these coins were hoarded extensively for their high silver content. I used to be able to buy these in EF for $20 or less all day long, they are relatively common.</p><p><br /></p><p>Therefor, applying US grading scale to this coin the grade is not terribly unfair, its just we do not USE the US grading scale. Its terribly presumptious for NGC to impose thier grading scale on a hobby that has developed and used their own for hundreds of years. Also, our price guides and references use OUR grading, so a new collector will think his &quot;VF&quot; NGC graded ancient is worth say $100, when in fact its a &quot;F&quot; graded ancient worth $30.</p><p><br /></p><p>See why I get mad at this? Its causing newcomers to vastly overpay. I am not a grumpy old man for no reason. </p><p><br /></p><p>Btw Robec, again, not denigrating your coin. They are good silver, available in high grade, and attractive ancient coins and frquently the choice of newer collectors. Nothing wrong with the coin, I am just mad at NGC. I told Mr. Vagi this in person, actually, and I do not believe its his choice to use NGC grading scale. If he graded with our grades, I would appreciate their service much more.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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