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<p>[QUOTE=&quot;GDJMSP, post: 1455538, member: 112&quot;]Jeff to the best of my knowledge there are no guides or descriptions of any kind for grading these specific coins. But yet the TPGs have graded hundreds of thousands if not millions of them. Collectors and dealers have graded millions more. And what do we all grade them based on ?</p><p><br /></p><p>Fairly simple answer - what the coin looks like when it comes from the mint. I think pretty much everyone has seen a 70 if not many. Guaranteed they have seen thousands of 69s. So to grade them I go by what the coin is supposed to look like.</p><p><br /></p><p>Now when it comes to worn examples that&#039;s a different story, there simply aren&#039;t very many of them. I&#039;ve probably seen as many as anybody else and probably more than most people. Also for many years I carried around a 1 oz AGE as a pocket piece, did it with several of them. So in a way I have somewhat unique perspective and experience with looking at and being familiar with worn examples of the ASE and the AGE. I know how they wear because I was the one putting the wear on them.</p><p><br /></p><p>Anyway, if you look at that coin and compare the amount of missing detail that it has as compared to a freshly minted one, it&#039;s pretty obvious that there is a LOT of detail missing - a lot ! I think the lack of detail is far more obvious on the rev than on the obv though even the obv has severe wear.</p><p><br /></p><p>And I also extrapolate what other coins, graded VG10, look like. Go look at some VG10 Morgans on Heritage. Compare the amount of detail on them to the amount of missing detail on this coin. Or Walkers, or Barber halves, or any other coin. Seems to me the amount of wear is similar.</p><p><br /></p><p>Thus my grade.[/QUOTE]</p><p><br /></p>

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