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Great Article On "Grade Creep" In Numismatics News

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biokemist6's Avatar
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 Posted 08/28/2009  1:32 pm Show Profile   Bookmark this topic Add biokemist6 to your friends list Get a Link to this Message Number of Subscribers
http://www.numismaster.com/ta/numis...ticleId=7491

Guess what? One of the best kept secrets and a source of confusion for beginning collectors regarding the way professional dealers and grading services view the uncirculated grade has finally been exposed in very clear language. While reading the introduction of Grading Coins by Photographs, I came upon these statements: "the interpretation of Uncirculated or Mint State is more liberal than it was 30 or 40 years ago" and, "Today, such coins that used to be graded About Uncirculated (AU) are now often graded as MS-60, MS-61 and MS-62."
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echizento's Avatar
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 Posted 08/28/2009  1:45 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Excellent article, thanks for posting the link.
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Gothic Florin's Avatar
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 Posted 08/28/2009  1:54 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Very interesting. Maybe the people at some of those chopshop slabbing companies can take note and stop calling everything MS 70!
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cownas22's Avatar
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1055 Posts
 Posted 08/28/2009  2:11 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
I see the author threw in the "buy the coin not the number on the slab" bit. Good article.
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