I think because the term ex-mt was around before NM was as far as a discription of a card because it was used before third party grading was around. I remember buying cards in the 70's and 80's and ex-mt cards were a common term used by the seller, which meant you really weren't sure what kind of card you were going to get. Doug
This is a true concern. I actually feel guilty when selling a PSA 6 card on ebay and decribing it as 'Excellent - Near Mint'. No, it is not near mint. I normally just states PSA 'Excellent' to ensure no one thinks it could be close to near mint.
Itches still freak me out too. I can't figure out what exaclty a freaking itch is. They are weird. I try at times to just let an itch run its' course but it's impossible. Itch's rule all humans.
Ex-Mint used to describe a Mint card that had 4 sharp corners but defects such as off center (80/20), OOF, or edge chipping that made it less desirable than a centered card with slight wear on the corners (nm). Back in the 80's, most people thought that a 7 was actually a 10 (mint) so an ex-mt kind off slotted right below the 7. Grading companies adopted the ex-mint but now allowed the corners to have some wear you don't really know what you're getting with a 6. It is my least favourite grade to buy.
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WTB: PSA 1 - PSA 3 Centered, High Eye Appeal 1950's Mantle
<< <i>If a PSA 5 is EX, and a PSA 7 in Nr-MT.....
then why isn't a PSA 6 EX-NM ? >>
I've asked myself the same question.
A NM card was one straight from the pack that was off center, or had an otherwise factory made defect.
EX/MNT cards appeared at first glance to be mint, that is they had nice centering, great focus, color was all there etc.
PSA has basically 2 standards for the EX/MNT grade, one, mentioned above and the other as a net grade.
Back in the 70's this is how I understood it.
Steve
still trying to figure out jumbo shrimp.
<< <i>wish i knew.
still trying to figure out jumbo shrimp.
Haven't gotten to jumbo shrimp, yet. Still stuck on postal service and Microsoft Works...
Itches still freak me out too. I can't figure out what exaclty a freaking itch is. They are weird. I try at times to just let an itch run its' course but it's impossible. Itch's rule all humans.
Coins are graded on a scale 1-70 so, to squeeze every buck that they could out of cards they
created many of the terms/grades we see today, back in the mid 70's I saw maybe at most
five grades, they were poor/fair, Good, Ex, Ex/Mnt and Mint. I don't recall seeing
Near Mint, Gem mint and all the other half grades until the 80's. Net grading was unheard of
because unless it was a super tough card, no one really wanted to trade or buy creased/defected cards.