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<p>[QUOTE=&quot;cladking, post: 32237, member: 68&quot;]I&#039;m not a fan of the current system because it tells nothing of a coin&#039;s condition and is only useful for determining its value.&nbsp; I also am not a fan of the numbers since they really have no meaning.&nbsp; Unc, BU, near choice, choice, near gem, gem, choice gem, suberb gem, and choice superb gem work better for me, but if we had a descriptive grading system these would be mostly unnecessary except to give an overall grade.&nbsp; </p><p><br /></p><p>Of course all these grades are not necessary in all areas of numismatics.&nbsp; Some things are not usually collected by grade so a seven point grading system would be fine for them.&nbsp; Indeed with something like good-fors all you need is poor, fine, excellent, and new.&nbsp; </p><p><br /></p><p>Trying to incorporate a seven point system in Morgan dollars or clad quarters wouls simply result in collectors picking off all the finest BU&#039;s at regular prices and leaving the dregs completely unsaleable.&nbsp; It really was the demand for top quality pieces at all levels which drove the market to differentiate so many levels of uncirculated.&nbsp; So long as people desire only the finest or only the finest they can afford then this differentiation will persist in some form.[/QUOTE]</p><p><br /></p>

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