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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.
Example of an Early American Cent - the coins that inspired Sheldon to create a more precise grading scale. (Courtesy of the National Numismatic Collection, National Museum of American History [photograph by Jaclyn Nash].) The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of
Professional Coin Grading Service (PCGS) is an American third-party coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.
Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors include beautiful, rare, and historically significant pieces. Collectors may be interested, for example, in complete sets of a particular design or denomination, coins that were in circulation for only a brief time, or coins with ...
The most valuable coins from the 1920s can fetch seven figures on the collector’s market. ... A blog on the Professional Coin Grading Service website refers to the 1921 Peace Dollar as a “very ...
NGC was founded in 1987 in Parsippany, N.J. by John Albanese, who also founded Professional Coin Grading Service. A majority stake was later purchased by coin dealer Mark Salzberg. Along with CEO Steven Eichenbaum, Salzberg owns the CDN Greysheet, a price guide for coins similar to the Kelley Blue Book. [2]
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