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Here are two different PCGS graded Vermont Ryder 2s....???
This is one for sale now. 
. This is XF40?? Here's one of mine this WAS in a PCGS fine 15 holder. 

. This is XF40?? Here's one of mine this WAS in a PCGS fine 15 holder. 
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Many of these coin are very crude. Therefore grading them is controversal.
<< <i>I'm not sure. Maybe it's to really look at the COIN in the holder instead of the assigned grade. >>
No, I'M NotSure!
After following your Vermont 'journey', Ambro, I've seen you just grab this series by the horns. You know your stuff on Vermonts, so I have to ask, why do YOU think the coin is graded where it is?? What do you think it's grade should be? Also, are those 'spots', on both the obv and rev, PVC or corrosion?
Care to share your thoughts as to how wildly differing coins grade the same, Ambro? I just don't see how the coin you show, Ambro, grades XF40, after comparing it to BillJones'....they are miles apart.