The American Society of Magazine Editors has announced the finalists for its third annual “Best Covers” competition. The covers are indeed gorgeous, but the judging smacks of bias. Even though the organization’s website says that entries are considered “based on excellence in design/creativity, not on circulation figures,” the nominees are almost exclusively high-circulation and fairly New York-heavy. (The New Yorker is nominated four times, New York magazine six.) It prompts the question: Can they really call it a “Best of” competition when only a small slice of what’s out there is represented? Or are high-profile magazines the only ones with the artistic talent that makes the grade? The winners of the eight categories will be announced Monday, October 6.