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<p>[QUOTE=&quot;Publius2, post: 26231690, member: 105571&quot;]I&#039;m a member of&nbsp; EAC and a student of the EAC Grading Guide but by no means an expert.&nbsp; I agree with you that EAC grading is largely useless for pricing within the world of graded coin buying and selling. The high end raw coin market is a different world.&nbsp; But it does, IMHO, have a use as I&#039;ll explain below.</p><p><br /></p><p>If a collector is looking at an auction lot that offers both the TPG grade and the cataloguers EAC grade, the TPG grade tells you very little about the coin&#039;s actual condition within the characteristics that matter heavily for old copper; preservation, surfaces, color, strike, &amp; etc.&nbsp; The EAC grade will (usually) discount the grade from the market grade and, along with the photos, provide an additional in-hand judgement from someone who knows what he&#039;s doing.&nbsp; People like Mark Borchardt (sp?) at Heritage are old hands at this.</p><p><br /></p><p>But as I mentioned in the first paragraph, the deciding factor for pricing is usually the TPG grade no matter what the EAC grade might be.&nbsp; If only the TPG grade is available, it&#039;s up to the buyer to evaluate the coin with no additional help to determine what a fair price might be, either above or below the &quot;market price&quot;.&nbsp; An EAC grade can make that job a bit easier if the coin is being purchased only from photos.[/QUOTE]</p><p><br /></p>

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