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<p>[QUOTE=&quot;Publius2, post: 4605960, member: 105571&quot;]EAC published the &quot;EAC Grading Guide for Early American Copper Coins&quot; in 2014 (cover photo below). </p><p><br /></p><p>The gist of the grading system is, as quoted from page 15:</p><p><br /></p><ul> <li>&quot;An EAC grade usually consists of two grades.&nbsp; The first refers to the <i>sharpness</i> or degree of wear on the coin, <i>i.e.</i>, the technical grade.&nbsp; The second is a <i>net grade</i> after accounting for any post-strike impairment(s) to the coin, <i>i.e.</i>, the market grade.&nbsp; If there is a single grade, that means the coin has no significant impairments, and the net grade is the same as the sharpness grade.&nbsp; Commercial grading does not give separate sharpness and net grades, but provides a single overall grade.</li> <li>Sharpness standards for commercial grading also differ from those used in EAC; EAC standards are generally more strict, especially in middle and higher grades.&quot;</li> </ul><p>As I stated in an earlier post,&nbsp; EAC as an organization does not grade coins nor validate any individual&#039;s grading effort even if they are applying the EAC Grading Guide.&nbsp; So when someone states &quot;the EAC grade is XX-YY&quot;, they are not saying that the EAC club is giving the grade, they are stating that, as an individual, they are using the EAC Grading Guide to grade the coin.</p><p><br /></p><p>On Heritage Auctions, I believe they always list the EAC Net Grade and label it as such.&nbsp; The OP coin auction descriptions (I don&#039;t know who the auction company is) do not describe the EAC grade as Net but I don&#039;t believe the coin&#039;s EAC sharpness and net grades are the same.[/QUOTE]</p><p><br /></p>

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