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					Originally Posted by Eric72  My unscientific translation guide: 
"Blazer" - get that thing graded!
 
"Nice" - sell it to someone who thinks they know more than you.  They'll pay to get it graded
 
"Mid-grade" - stick it in a binder and enjoy the damn thing
 
"Collector grade" - Don't be afraid to handle it raw.  OK to leave out loose on your desk overnight...unless, of course, you have a cat.     
"Well-loved" - if you squint, it looks fine.  Don't worry, it will look better as you get older and your eyesight begins getting worse
 
"Beater" - still more or less complete.  Its road map of flaws probably tells a vaguely interesting story
 
"Ouch" or "Ooof" - at least it's still a card...kind of | 
	
 I hear you on these but collector grade is used by auction houses on already graded cards.