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<p>[QUOTE="Insider, post: 2444699, member: 24314"]IMO, you and I WERE discussing an extremely important part of grading not making mountains out of anthills! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /></p><p><br /></p><p>if a coin has full original luster, its past history has no bearing on its Mint State condition. A grading seminar instructor that was once a dealer explained this FACT using some experiences in his past that I cannot forget.</p><p><br /></p><p>1. He opened a bank wrapped roll of BU Buffalo nickels. As soon as the roll was examined, several of the coins COULD NOT BE graded Unc by his aand the ANA's strict definition as they had "roll friction." Others in the same roll were FMS gems with no sign of friction.</p><p><br /></p><p>2. A gold dollar was picked out of an old lady's black change purse. It was full of junk coins, lint, dirt, debris and as soon as that OBVIOUSLY CIRCULATED coin was removed from the pile it was a FLAWLESS GEM - no hairlines, no friction, and no marks (using a stereo scope to examine it)! He added that the beginning collector he sold it to showed the coin to several other dealers in the city. A week later, when the STUPID IDIOT returned it to him for a refund, it had been reduced to a hairlined AU-58! </p><p><br /></p><p>IMO, these two cases illustrate the point I am trying to get you to agree with. A coin's history cannot be determined. Its STATE OF PRESERVATION can. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2444699, member: 24314"]IMO, you and I WERE discussing an extremely important part of grading not making mountains out of anthills! :facepalm: if a coin has full original luster, its past history has no bearing on its Mint State condition. A grading seminar instructor that was once a dealer explained this FACT using some experiences in his past that I cannot forget. 1. He opened a bank wrapped roll of BU Buffalo nickels. As soon as the roll was examined, several of the coins COULD NOT BE graded Unc by his aand the ANA's strict definition as they had "roll friction." Others in the same roll were FMS gems with no sign of friction. 2. A gold dollar was picked out of an old lady's black change purse. It was full of junk coins, lint, dirt, debris and as soon as that OBVIOUSLY CIRCULATED coin was removed from the pile it was a FLAWLESS GEM - no hairlines, no friction, and no marks (using a stereo scope to examine it)! He added that the beginning collector he sold it to showed the coin to several other dealers in the city. A week later, when the STUPID IDIOT returned it to him for a refund, it had been reduced to a hairlined AU-58! IMO, these two cases illustrate the point I am trying to get you to agree with. A coin's history cannot be determined. Its STATE OF PRESERVATION can. :p[/QUOTE]
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