market grading A numerical grade that matches the grade at which a particular coin generally is traded in the marketplace. The grading standard used by PCGS.
However, because they used technical grading rather than market grading there are limits to their system, particularly in relating the grade directly to a value.
Yes, veterans agree, there is a divide between "technical grading" and "market grading" and a use of other terms that are less defined.
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imperfections affecting surface preservation and lustre. Technical graders often ignore strike and eye-appeal. Although not always as meaningful in the real marketplace, technical grading tends to be more conservative, as a rule, than market grading.
 See also: Coin, Grade, Grading, Collector, Numismatic
  
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