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<p>[QUOTE=&quot;superc, post: 1824110, member: 44079&quot;]Yeah, mea culpa.&nbsp; I added the words ANY and MUST.&nbsp; Also I confess I used Redbook for the comment about the eagle (reverse).&nbsp; Too lazy at 3:40am to haul out the other book for the quoting in the post.&nbsp; After a little sleep and some coffee I hauled out my ANA &quot;Grading Standards&quot; and acknowledge that book does talk about the reverse all the way down to the AG3 level.</p><p><br /></p><p>Now that I have done that and comparing the two books I see there is a clear disconnect between the two, which I had not picked up on previously. </p><p><br /></p><p>Redbook: F-12 Fine - &quot;All seven letters of Liberty visible, though weak.&quot;</p><p><br /></p><p>ANA Grading Standards: F-12 Fine - &quot;Some details show in bottom folds of gown, hair and and cap and at shoulder and breast.&nbsp; Some letters in Liberty are clear.&nbsp; Foot and sandal are separated.&quot;</p><p><br /></p><p>There is of course a huge disconnect between &#039;all seven letters are visible&#039; and &#039;some letters are clear.&#039; </p><p><br /></p><p>In ANA&#039;s book we get all the way up to VF 20 before we see, &quot;.., LIBERTY and shield lines are visible but possibly weak at center.&quot;</p><p><br /></p><p>Redbook VF 20, &quot;LIBERTY strong, but slight wear visible on its ribbon.&quot;</p><p>ANA&#039;s book VF 30, &quot;.., LIBERTY and scroll are bold...&quot;</p><p><br /></p><p>Interesting.&nbsp; My following the Redbook when bidding may have resulted in my acquiring much better coins than if I followed the ANA book.&nbsp; I had thought they were the same standards.&nbsp; Ooops.&nbsp; Not until today did I realize how big their grading standards disconnect is.</p><p><br /></p><p>New rule for self!&nbsp; Use Redbook standards when buying, use only ANA Standards when selling.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Okay, my apologies to the grading companies.&nbsp; I can see how they did it.&nbsp; LoL.&nbsp; The ANA guide clearly allows them more latitude in grading than the one liner in Redbook does. </p><p><br /></p><p>That doesn&#039;t take the heat off the independents sellers of non-slabbed coins however.&nbsp; Many of the coins I spent the last two days reviewing before making my selections were billed as Fine or VF, but actually look a lot more like the G4 coin pictured in the ANA Grading Standards book. </p><p><br /></p><p>Also of interest is clearly there were/are some others who are selling who used Redbook in assigning their grades.&nbsp; I picked up some coins which by Redbook standards are at least VF 20 and they were advertised as VF, but after looking at the pictures again and this time using the ANA book, heck they may be VF-30 or higher.&nbsp;&nbsp; As Spock would say, fascinating..[/QUOTE]</p><p><br /></p>

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