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<p>[QUOTE=&quot;1865King, post: 5131846, member: 103207&quot;]I&#039;ve attached a page from a 1967 Red Book.&nbsp; (My First Coin Book)&nbsp; Check out the grading standard from 1967 for Indian Cents &amp; Morgan Dollars.&nbsp;&nbsp; You will notice they highest circulated grade is extra fine.&nbsp; Although, I know AU was being used at this time the extra fine grade requirement sound like a high AU graded coin.&nbsp;&nbsp; Without repeating everything others have posted I have noticed a considerable about of grade inflation in the last 10 plus years.&nbsp;&nbsp; Thirty years ago you almost never saw a certified coin grading higher than MS 66.&nbsp; If you did it was a major event.&nbsp;&nbsp; Today I&#039;ve seen coins being graded MS 68 and MS 69.&nbsp;&nbsp; These aren&#039;t modern coins I&#039;m talking about coins from before 1900.&nbsp;&nbsp; I can understand a few could exist and only been recently graded but, not the amount I&#039;ve seen.&nbsp; However, most of these Wonder coins would only or barely make MS 67 thirty years ago.&nbsp;&nbsp; The ones that really drive me crazy are high grade MS 66 and up coins with either poor strike, nasty toning or finger prints (sometimes big finger prints).&nbsp; CAC has helped to some extent but I&#039;ve seen below average coins with a CAC sticker on them.&nbsp;&nbsp; Buy the coin not the plastic.[/QUOTE]</p><p><br /></p>

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