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Message:: [QUOTE="900fine, post: 715901, member: 6036"]There's some truth to this, but a major pitfall. Obviously, we can't have us all wandering around willy-nilly making up our own standard. We must have a central standard. It will never be universally agreed upon... nothing ever is. It must have broad concensus. And the ANA grading standards, as published, are the best standards for circulated coins. The book does a very poor job with mint state coins. Realize that any two people are likely to disagree on final net grade, especially for problem coins. There is no absolute standard, and never will be. There is much subjectivity, and always will be. In a sense, the TPGs are de facto standards, especially for mint state coins - whether I like it or not. They are true market makers as far as grading standards are concerned. Great thread - very broad topic. No "25 words or less" solution on this one.[/QUOTE]