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<p>[QUOTE=&quot;GDJMSP, post: 293172, member: 112&quot;]No Jerome, that is not correct. Market grading and net grading are two different things. A net grade is the reduced grade assigned to a coin because of problems or damage. In other words a coin may have a market grade of MS63, but because it has a big scratch on it the grade of MS63 is reduced to XF45 and the XF45 is the net grade.</p><p><br /></p><p>With circulated coins, when they are graded using the technical grading system, the grade is based simply on the amount of wear and any marks on the coin. That&#039;s all.</p><p><br /></p><p>When grading circulated coins with the market grading system the grade is assigned based on wear, marks, the location of the marks, quality of strike, remaining luster and eye appeal.</p><p><br /></p><p>For MS coins graded with the technical system, the only thing that counts is the lack of any wear, the number of marks or lack thereof. Technical grading uses only 3 MS grades - 60, 65 and 70.</p><p><br /></p><p>With market grading MS coins have 11 grades, 60 thru 70, and the grade is based upon lack of any wear, the number of marks, location of marks, severity of marks, quality of strike, luster and eye appeal.[/QUOTE]</p><p><br /></p>

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