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<p>[QUOTE=&quot;Conder101, post: 1826982, member: 66&quot;]With the ANA grading guide it also depends on what edition of the book you are using.&nbsp; The standards have dropped from the first edition to the latest one.</p><p><br /></p><p>And the standards of the letters of Liberty that needed to be visible were set by Photograde back in 1970, years before the first ANA guide. (I&#039;m also of the generation that learned grading for the seated coins requiring three letters of LIBERTY, or partial letters totaling three letters, to be a VG, all seven letters, but the I could be weak to be a Fine, and all letters bold to be a VF.&nbsp; I still grade most seated coins that way, but not 20 centers.)[/QUOTE]</p><p><br /></p>

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