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Joe D.I would go to a show and everybody would have Mint and NearMint cards.
A flood of them on every table.
The problem "NearMint" was different from table to table... and most of those Near Mints were just VG or possibly Excellent.
The grading companies may be a bit off from time to time... but it is still a vast improvement from the all near mint, all the time card shows.