Degree in either direction determines plus or minus grade. Not collectible, but useful for parts. Many people who do repaints buy beaters to strip and repaint. Some of which are passed as new lures. Depending on the extent, a negative factor, but not a big deal if a light, small area.
Scrapes are typically deeper, represent greater damage, and often involve cutting the paint.
A term used to describe a lure with one small defect which may or may not effect the asking price of a lure. A no-no and automatically removes the lure from being a collectible. Touch-up's are easily detectable with a black light which will show the difference in paint age and type. A term used to avoid listing all the problems on a lure or box. Not something that should be in the tackle collecting scene.