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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.
A selection of three Walking Liberty half dollars of various coin grades and years, ranging from AG (About Good) to AU (Almost Uncirculated). By 1953 the original Sheldon scale had become outdated. It was not until the 1970s, however, that the ANA chose to adapt the scale for use on all US coins. [3]
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.
These can range in value from a few hundred dollars each to several thousand dollars and more. One of the highest prices paid came in 2018, when a 1958 Full Bell Line Franklin half dollar sold for ...
As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors .
The Quarter-Dollar, Half-Dollar and Dollar coins were issued in the copper 91.67% nickel 8.33% composition for general circulation and the Government issued six-coin Proof Set. A special three-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof.
The American trade dollar therefore had to contain more silver, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful.
The American Silver Eagle is struck only in the one-troy ounce, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112 (e)-(h).