New Old Stock - Never worn, though case may show some minor storage marks. Overall watch = 98-100%
Mint - Close to NOS. Worn but shows very little wear. No brassing on gold filled cases, although minor scratches may be present. Dials are free of imperfections. New redials are shown as mint. Overall = 95%+.
Near Mint - Worn with some minor wear. No brassing on gold filled cases, scratches are present although not unattractive. Dials are clean but may show slight discoloration. Overall = 90%+.
Excellent - Shows slight normal wear. Slight brassing on back of gold filled cases or lug bottoms. Dials may show minor imperfections and discoloration. Overall = 80%+.
Very Good - Shows normal wear. Brassing on back and minor brassing on top of gold filled watches. Dials may show stains or scratches or heavy discoloration. Overall = 70%+.
Good/Average - Shows heavier than average wear. Brassing and possible dents or dings. Dials unattractive. Overall = 50%+.
Fair/Below Average - Some damage or other serious problems. Functional as a holding case only. Not collectable except in a very rare item. Dials unattractive or discolored to the point where it should be refinished.

To help assist our customers in determining the scarcity of a given timepiece in today's market, some watches in this catalog have been assigned a rarity grade of 1 star through 4 stars. The stars indicating the following:
Uncommon/Collectible
Scarce/Very Collectible
Rare/Highly Collectible
Extremely Rare/Investment Grade Collectible

Factors that influence the assigned grade are:
- Horological milestones (the first automatic, the first alarm, etc.)
- Technical quality and innovative design.
- Historical importance.
- Condition in relationship to other examples of similar type.
- Low survival rate to other examples of similar type.
- Investment potential.