A company I liked when they were around was CTA. They would give a report card with the card broken up into 8 areas, 4 front areas and 4 back areas, then they would take a point off for each flaw in an area and thus you knew exactly where the flaw was found. The real problem with this model is that the report card would have to stay with the card from then on as it wasn't on the case.
I have said it before, but I would like to see a manufacturing grade and a post production grade. This way factory errors (miscuts, centering, alignments) would cause their own grade, and mishandling (stains, writing, creases, bad corners) would be in their own.
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