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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 ...
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.
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 ...
According to the American Numismatic Association, coins are graded on a scale from 1 to 70, with 1 being “poor” and 60-70 earning the coveted “mint state” (MS) grading, often misstated as ...
Coin collecting, sometimes called numismatics, can be more than a hobby for some. It can be a money-making investment. The same goes for collecting, saving or reselling old paper money. Learn: 5 ...
Most often, a coin’s condition or grade is a more important factor. “For example, a century-old U.S. Indian Head penny in worn condition might only be worth $1,” he said.
The NGC grading scale is based on the 70-point Sheldon coin grading scale. Strike designations include Prooflike and Deep Prooflike for circulation issue coins and Cameo and Ultra Cameo for Proof coins. Coins deemed high-end for their particular numeric grade receive a "Plus" designation. Coins considered attractive get a "Star" moniker.
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 ...
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