Quick Answer: How Do You Read A Coin Grade?

How do you know the grade of a coin?

The 70-Point Coin Grading Scale.

When numismatists grade coins, they are assigned a numeric value on the Sheldon Scale.

The Sheldon Scale ranges from a grade of Poor (P-1) to Perfect Mint State (MS-70).

Originally coins were graded using adjectives to describe the condition of the coin (Good, Fair, Excellent, Etc.)..

What is the grading scale for coins?

Coins are rarely exactly one grade or another….Grading Banknotes.Crisp, Flat, Uncirculated(CFU)100Very Fine (VF)75Fine (F)55Very Good (VG)30Good (G)202 more rows

What does ms63 coin grade mean?

nor is full strikeMS63: An average uncirculated coin for the issue. Full mint luster is not required, nor is full strike. Average eye appeal is sufficient to make this grade. Bagmarks are present and can be heavy at times, but they should not overwhelm the overall appeal of the coin.

What is the highest grade for a coin?

For most of numismatic history, the highest possible grade on the familiar 1-to-70 coin grading scale was an ideal to be considered rather than a realistic grade to be attained.

Are graded coins worth more?

The higher the grade, the more the coin is worth. High grade coins are rarer than low grade coins. Collectors pay more for coins in higher grades. The two most trusted coin grading companies are NGC in Sarasota, FL and PCGS in Newport Beach, CA.

How do I get a coin professionally graded?

Use a service like the PCGS or NGC. The Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) are third-party certification and grading services. Both of these services consistently grade, authenticate, certify, and seal (in a protective display) coins for a small fee.