EAC grade
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 RobertSenior Member
Posts: 896
Joined: 05 Jul 2003
Location: Oklahoma
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 Posted: Sun Sep 14, 2003 11:41 am |
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Hi Mike. I'm not an "Early Copper" expert but I think I can help you out. The acronym "EAC" stands for "Early American Coppers (club)". Near the bottom of this page from their website
http://www.eacs.org/tradtext.htm
you'll find this definition:
"Every member is entitled to an opinion about what "EAC grading" represents. Traditional EAC grading is considered 'technical' grading based on an evaluation of wear and deduction of points for problems such as corrosion, pitting, cuts, dings, prior cleaning or recoloring. EAC grading is in constant conflict with 'market' grading that attempts to rank coins based on relative value."
The earliest American cents and half cents are notorious for having problems other than just wear, such as pitting, cuts, planchet flaws etc. EAC graging apparently takes these flaws into consideration. For example, an XF coin with heavy pitting may have a lower EAC grade than a VF coin with little pitting. It's like "net" grading. It comes down to philosophy... would you prefer the pitted XF coin or the "clean" VF coin?
From this I would infer that a coin's EAC grade is always less than or equal to its "slab" or "market" grade, but never higher.
I hope this helps.
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 coppercoinsSite Admin
Posts: 2809
Joined: 29 Jun 2003
Location: Springfield, Missouri.
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| Posted: Thu Jan 22, 2004 11:39 pm |
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 smedSenior Member
Posts: 624
Joined: 21 Oct 2003
Location: Zephyrhills Florida
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| Posted: Fri Jan 23, 2004 11:31 am |
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| Robert wrote: |
| For example, an XF coin with heavy pitting may have a lower EAC grade than a VF coin with little pitting. |
That doesn't make sense to me. A true technical grade for those examples would be "XF heavy pitting" and "VF very minor pitting". A technical grade is an absolute grade plus any caveats, no "netting" at all.
Please remember that I know absolutely nothing about the way EAC grades, I'm basing my comments on my knowledge and beliefs and Robert may be absolutely correct.
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MarkMember
Posts: 43
Joined: 04 Jul 2003
Location: Florida
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| Posted: Mon Feb 02, 2004 2:37 pm |
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smed:
I may well be wrong, but I think an EAC grade might be something like "AU53 for wear, with a large gouge and rim nick, net XF45." The AU53 grade would be based on technical grading, not on market grading.
In any case, EAC grading seems always lower than (or at least no higher than) market grading as done by PCGS, NGC, and ANACS.
Mark
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