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<p>[QUOTE="GoldFinger1969, post: 4027599, member: 73489"]<b>Comments on the Numismatic News article:</b></p><p><br /></p><p>(1) The dichotomy between AU58/55's and MS60's has been well-documented. It's a "glitch" focused on appearance between great-looking CIRCULATED coins and mediocre-looking UNCIRCULATED ones. It may or may NOT be because of improper grading, IMO.</p><p><br /></p><p>I'm a bit confused by the article though: <i>is the author saying that we the buyers should NOT be pricing AU's higher than low-60's MSs....or is he saying that the AUs should be MS's and the MS's should be AU's ?</i></p><p><br /></p><p>If a coin is TECHNICALLY Mint State and another is TECHNICALLY About Uncirculated, don't blame the buying public if they want to pay a bit more for the AU over the MS. Same thing with bills: lots of AU's look better (margins !) than low-MS 60's because the paper imperfections in the AU might not be visible under normal circumstances.</p><p><br /></p><p>(2) <i>Is the author complaining that the low-60's MS should be low-AU's, priced below true AU58's ? </i> I don't think he's saying that the AU's should be MS based on price paid by the public, right ? </p><p><br /></p><p>(3) I don't see decimal or 0-100 grading coming anytime soon. JMHO.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4027599, member: 73489"][B]Comments on the Numismatic News article:[/B] (1) The dichotomy between AU58/55's and MS60's has been well-documented. It's a "glitch" focused on appearance between great-looking CIRCULATED coins and mediocre-looking UNCIRCULATED ones. It may or may NOT be because of improper grading, IMO. I'm a bit confused by the article though: [I]is the author saying that we the buyers should NOT be pricing AU's higher than low-60's MSs....or is he saying that the AUs should be MS's and the MS's should be AU's ?[/I] If a coin is TECHNICALLY Mint State and another is TECHNICALLY About Uncirculated, don't blame the buying public if they want to pay a bit more for the AU over the MS. Same thing with bills: lots of AU's look better (margins !) than low-MS 60's because the paper imperfections in the AU might not be visible under normal circumstances. (2) [I]Is the author complaining that the low-60's MS should be low-AU's, priced below true AU58's ? [/I] I don't think he's saying that the AU's should be MS based on price paid by the public, right ? (3) I don't see decimal or 0-100 grading coming anytime soon. JMHO.[/QUOTE]
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