Everyone should read VBCC #7 re restoration. I don't think it is available online unfortunately. And I imagine the state of the art has, if anything, improved since 1996. The grading services are pretty good, but it's like drug detection, the money and technology is on the other side.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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