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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 ...
The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of a coin's quality. The American Numismatic Association based its Official ANA Grading Standards in large part on the Sheldon scale. [1] The scale was created by William Herbert Sheldon.
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.
Grading standards have changed over the years. Because collectors and dealers have gotten more selective, an informal "sub-grade" system has evolved. "A" coins are the best of the grade, "B" coins are "solid", and "C" coins are at the low end of a particular grade based on the Sheldon scale, e.g., MS-65. CAC stickers are intended to standardize ...
According to the Professional Coin Grading Services (PCGS), a grade 67 specimen (uncirculated, with only minor imperfections) is worth about 7 million on the open market. 2005-D 5C Speared Bison ...
Originally founded in June 1972 as the American Numismatic Association's authentication service, ANACS expanded into third-party coin grading in March 1979. ANACS was founded in response to the rise in counterfeit and altered coins in the numismatic marketplace. During the coin collecting boom of the 1960s, counterfeiters would alter common ...
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