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<p>[QUOTE="Insider, post: 2387198, member: 24314"]This is a great post except for this statement above. In the older standards still used by many "across the pond" a coin with a very small amount of wear was graded EF. Decades ago, astute American dealers would "pick-the-eyes-out" of the foreign dealers (buy all their EF's) and get an immediate upgrade $$$$ to AU! </p><p><br /></p><p>Today, most have smartened up and adopted the US standard where an AU still has NOTICEABLE wear. And unfortunately, so do many coins graded MS-60 to 62![/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2387198, member: 24314"]This is a great post except for this statement above. In the older standards still used by many "across the pond" a coin with a very small amount of wear was graded EF. Decades ago, astute American dealers would "pick-the-eyes-out" of the foreign dealers (buy all their EF's) and get an immediate upgrade $$$$ to AU! Today, most have smartened up and adopted the US standard where an AU still has NOTICEABLE wear. And unfortunately, so do many coins graded MS-60 to 62![/QUOTE]
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