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<p>[QUOTE=&quot;National dealer, post: 5221, member: 487&quot;]Years ago, this proceedure of grading coins based on both sides of the coin was common place. As standards changed, more one system grading became common place. The obverse of the coin being given more preferrence than the reverse. The thought began as more collectors viewed the obverse through albums or sets. It is still the obverse that receives the primary place in holders, albums, and slabs. With the exception of the StateHood Quarters. </p><p>Many people did not care for the split grade, because of price structures. When veiwing a MS-63 obverse, you want to pay MS-63 prices. </p><p>This type of thought really took off in the third grading explosion of the 1980&#039;s. More people sought out slabbed coins as a protection method. As sharp increases of price between grades began to happen, the grading of both sides were incorporated into a single overall grade.</p><p>Many early US coins will exhibit quite a bit of wear on one side, while virtually none on the other. If split grading were still common place, it would create a new bidding system. </p><p>Now in contrast, we will charge more if the reverse is sharply struck. Many of the Morgan dollars produced at the branch mints are famous for their weak reverse strikes. So if the graders would split the grade, you may get serious differences and this would cause a slight stir. As an example, an 1883-S Morgan has a current bid of $2960. in MS-64. Now if the coin were split graded as MS-63 Obverse and MS-65 reverse, what would the bid level be? At MS-65 the current bid level sits at $16000. While in MS-63 bid would be $1650. So you can see what difference a point makes. </p><p>Now if you flip flopped the coin, and the obverse made the 65 grade while the reverse falls to 63, what would a fair bid be? </p><p>The grading system with all of its downfalls, is still a lot better than it used to be. More confusing yes, but still better. </p><p>Many older collectors remember the days of Good, Fine, Extremely fine, and uncirculated. It left a lot to be desired.[/QUOTE]</p><p><br /></p>

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