"The first ticket in the booklet shows a little discoloration from being next to the cover for 116 years, but is still gradable. Many local and national authorities have looked at these tickets and mostly all of them suggest leaving them in the book, but that they could all be removed and graded."
Meatloaf, your buddy sure is fixated on the idea of having these graded. Better watch him!
Incidentally, I think the other guys on the board were right in advising him to go with a major auction house over listing the book on eBay. For one thing, you've got competition now:
http://www.ebay.com/sch/i.html?_from...All-Categories