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Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been ...
In modern-day United States numismatics, collectors, coin dealers, and third-party grading services grade mint state coins using a number from 60 to 70 inclusive, with 70 representing a perfect coin with no visible blemishes. Coins in the lower grade range (60-63), are usually unworn, and may suffer from weak striking, bag marks and other ...
A circulation issue [1] or circulation coin, [2] sometimes called a business strike (US), is a coin minted and issued for commerce as opposed to those made as commemorative coins and proof coins. Circulation issue coins are normally produced in relatively large numbers, and are primarily meant to be used as pocket change, not collected .
In January, a 1958 double die penny sold for a record $1.136 million through an auction held by GreatCollections Coin Auctions, the fastest-growing coin and paper money auction house in the U.S ...
The most valuable blank coin listed on the U.S. Coins Guide site is a 90% silver dollar without a raised rim valued at $1,600 or more. The same type of silver dollar with a raised rim is valued at ...
Certification agencies can grade and assign numerical ratings for proof coins. A PR70 coin is the highest grade possible for a proof coin and indicates a perfect example, with PR69 and lower grades reflecting some deficiency in the strike, centering, details, or other aspect of the coin. Most proof coins are double struck under higher pressure.
Delayed until the end of World War II, the Red Book was published in 1946, providing collectors even more historical information as well as retail values (prices collectors could expect to pay coin dealers to buy coins) instead of wholesale values. R. S. Yeoman served as editor of the Red Book and Blue Book until he retired in 1970.
But coin values — and even that of stamps and other unrelated collectibles — typically lagged behind metal market volatility by about four to six weeks. Four decades later, the pattern still ...
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