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<p>[QUOTE=&quot;Lehigh96, post: 1375330, member: 15309&quot;]There you go blowing smoke again.&nbsp; I don&#039;t care when they added it to some meaningless glossary on their website.&nbsp; I have a first edition copy of the PCGS OFFICIAL GUIDE TO COIN GRADING AND COUNTERFEIT DETECTION.&nbsp; This book is essentially a written account of PCGS&#039;s grading standards.&nbsp; The book was published in October of 1997.&nbsp; I would like to share with you a passage for grading mint state Walking Liberty Half Dollars:</p><p><br /></p><p><br /></p><p><br /></p><p>This one passage blows all of your points out of the water.&nbsp; Roll friction is REAL.&nbsp; The TPG&#039;s have known about it and incorporated it in their grading at least as far back as when PCGS used OGH (Old Green Holders).&nbsp; Are you going to dispute that fact that the time period when OGH&#039;s were used is accepted as a conservative era in coin grading?</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I have already alluded to the reason earlier in this thread.&nbsp; By taking every Walker that exhibits roll friction and grading it AU, you will drastically reduce the overall populations of mint state examples.&nbsp; It is a known fact that these coins were subjected to storgage conditions that lead to high point wear.&nbsp; It is an unfortunate unintended consequence that some coins which actually do have wear from circulation will be graded mint state by mistake.&nbsp; But that is far better than large hordes of AU coins that all appear to be GEM &amp; PREMIUM GEM at first glance.</p><p><br /></p><p><br /></p><p><br /></p><p>It isn&#039;t blind trust Doug, it is the product of logic and reason.&nbsp; The process of market grading coins uses a holistic method.&nbsp; When you compare an actual AU Walker to one with simple roll friction, it becomes painfully obvious that the coins are not equal and don&#039;t deserve to carry the same grade.&nbsp; You are unable to look past your own stubborn beliefs.&nbsp; Roll friction is an accepted cause of high point wear by almost everyone in the numismatic community including people like David Hall &amp; John Albanese.&nbsp; These people have forgotten more about coins and coin grading than you and I have ever known.&nbsp; But you want me to believe that they are just a bunch of sellouts sacrificing their standards at every turn just to make a buck.&nbsp; Sorry, not buying it Doug.[/QUOTE]</p><p><br /></p>

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