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SPQR

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Posts posted by SPQR

  1. If it were me, I'd also get away from the 70 point scale. I understand its been around for a while, but why 70 instead of 100??? It bothers me, I tell ya! 70 is a "C" grade in my opinion - but that's just .

    I can answer that. Sheldon was a dealer who delt primarily in US large cents. He got $70 for his top end perfect cents, and lessor grades brought lower dollar amounts. (Needless to say, this was a good while back) he dreamed up this grading system so he could set his price by coin grade. That's all, it's just an arbitrary number a dealer set a long time ago, to price his coins with. Of course it's been refined to the point it's practically chiseled in stone now.

  2. I have to admit I'm much more comfortable with the IBNS standards. I think the IBNS grades allow for more understanding in the way banknotes are handled in daily life, for the use that they see and the relatively short lifespans notes have as opposed to coins. The attempt to graft the Sheldon scale onto banknotes makes little sense. Coins wear in predictable patterns that simply do not exist for banknotes. Each notes lives a unique life and shows it it different ways. Tearing, soiling, staining, fading, creases, folds and graffiti all are unique to each note; no two will ever wear alike and so coin grading and note grading are two wholly different disciplines.

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