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<p>[QUOTE="Insider, post: 2444120, member: 24314"]Actually they <span style="color: #b30000">are</span> the same thing. I am aware of at least one major dealer in the 1970's that started calling very slightly worn AU coins with virtually mark-free surfaces in his catalogue: Uncirculated with "cabinet friction."</p><p><br /></p><p>As one of the knowledgeable Mods here has tried to drum into our heads - based on old timey grading standards - Unc = NO TRACE OF WEAR. Therefore, cabinet friction = friction wear + loss of original surface! As he likes to say, "wear is wear."</p><p><br /></p><p>Now, today I looked up the ANA's grading standards for $20 Saints. The ANA has held fast that Uncirculated coins have NO TRACE OF WEAR. GOOD LUCK WITH THAT STANDARD. While I may agree with it and use it for my PERSONAL standard - that standard is totally IGNORED in the marketplace and it is not followed by ANY TPGS. IMO, over 60% of the coins slabbed as MS by the major grading services DO NOT MEET THIS OLD STANDARD.</p><p><br /></p><p>Furthermore, a standard is not a standard (except on paper and in some minds) if it is ignored. AND IT IS IGNORED in the real world away from the "forum rats" such as myself. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2444120, member: 24314"]Actually they [COLOR=#b30000]are[/COLOR] the same thing. I am aware of at least one major dealer in the 1970's that started calling very slightly worn AU coins with virtually mark-free surfaces in his catalogue: Uncirculated with "cabinet friction." As one of the knowledgeable Mods here has tried to drum into our heads - based on old timey grading standards - Unc = NO TRACE OF WEAR. Therefore, cabinet friction = friction wear + loss of original surface! As he likes to say, "wear is wear." Now, today I looked up the ANA's grading standards for $20 Saints. The ANA has held fast that Uncirculated coins have NO TRACE OF WEAR. GOOD LUCK WITH THAT STANDARD. While I may agree with it and use it for my PERSONAL standard - that standard is totally IGNORED in the marketplace and it is not followed by ANY TPGS. IMO, over 60% of the coins slabbed as MS by the major grading services DO NOT MEET THIS OLD STANDARD. Furthermore, a standard is not a standard (except on paper and in some minds) if it is ignored. AND IT IS IGNORED in the real world away from the "forum rats" such as myself. :eek::jawdrop:[/QUOTE]
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