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Paper currency grading is the process of determining the grade or condition of a bank note, one of the key factors in determining its collectible value. A banknotes grade is generally determined by crispness (Rigid, not limp paper), brightness, and depth of color.
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 ...
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
The Standard Catalog of World Paper Money was a well-known catalogue of banknotes that was published by Krause Publications in three volumes. These catalogues are commonly known in the numismatic trade as the Pick catalogues, as the numbering system was originally compiled by Albert Pick, but are also referred to as "Krause" or "SCWPM." Since ...
Various third party grading companies (TPG) offer the service of authentication, grading and cataloging of common varieties of paper currency. These TPGs typically use a seventy-point grading scale to describe the note. Additional notations may be made for exceptional paper quality or other varieties.
Most recent editions, as of November 2019. Standard Catalog of World Coins. Standard Catalog of World Coins: 1601–1700, 7th Edition, publication date 2018, Krause Publications, ISBN 978-1-4402-4857-3
Since 2015, Whitman Publishing has published the (Expanded) Deluxe Edition, trademarked as the "MEGA Red." The MEGA Red includes more expanded design, mintage, pricing, grading and historical information than the standard Red Book. Since the 1st edition, each edition features "in-depth coverage" of a different denomination of U.S. coins:
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.