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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.
Third-party grading (TPG) refers to coin grading & banknote grading authentication, attribution, and encapsulation by independent certification services.. These services will, for a tiered fee depending on the value of the coin, "slab" a coin and assign a grade of 1–70 on the Sheldon grading system, with 1 being the lowest grade, with only faint details visible to 70, a practically perfect ...
Numismatic Guaranty Company (NGC) is an international third-party coin grading and certification service based in Sarasota, Florida. It has certified more than 60 million coins. NGC certification consists of authentication, grading, attribution, and encapsulation in clear plastic holders.
During the coin collecting boom of the 1960s, counterfeiters would alter common-date coins, and either add or remove a mintmark in order to sell the coins as their more-valuable counterparts. (For example, an 'S' mint mark would be added to a 1909 VDB Lincoln cent in order to increase the coin's value by making collectors think it was a genuine ...
The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading. [4] [5] The firm has divisions in Europe and Asia, and is owned by parent company Collectors Universe. PCGS has graded over 42.5 million coins, medals, and tokens valued at over $36 billion. [6]
Certified Acceptance Corporation (CAC) is a Far Hills, New Jersey third-party coin certification company started in 2007 by coin dealer John Albanese. The firm evaluates certain numismatically valuable U.S. coins already certified by Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS). [1] [2]
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There are also completists who seek an example of every type of coin within a certain category. One of the most famous of this type of collector is Louis E. Eliasberg, the only collector thus far to assemble a complete set of known coins of the United States. [20] Foreign coin collecting is another type of collection that numismatics enjoy ...
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