Coin Collecting at The Coin Alley
Coin Collecting at The Coin Alley

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Coin Grading

Learning to grade your coins is a tricky issue and unless having your coins professionally graded by a Professional Coin Grading Service it will be one of the hardest chores with coin collecting. Coin grading gives you a pretty good idea of what the condition of the coin is and allowing you to come close to figuring out a value of the coin.  All the coins have different attributes to look for when coin grading, and knowledge above all else will become your best tool for grading your coins.

 


 

Getting a reasonable estimate on what the grade of your coin is can be relatively easy.  Knowing the grade of your coins will help you determine what the value is.  The following descriptions will help you get a ballpark grade of your coins.  Learning to grade your coins is one of the most important lesson you will learn.  How to grade Us. Coins is also an invaluable book for coin grading.

Mint State

This coin grade is nearly perfect.  With no trace of wear anywhere.  The range of this grade is MS60 to MS70.  MS70 is perfect.  Most range from MS60-MS66.  Although there is a very fine line that distinguishes each of the different grades of the Mint State, and it is definitely an art and years of experience that will help you determine the proper grade.  Know this, even professional coin grading services don't get it right 100% of the time, and everyone has different interpretations of grading coins.

About Uncirculated

This coin grade is almost perfect.  There is a light trace of wear on the coin, usually on the high areas of the coin.  Unless you really know what you are looking for, it is most difficult to tell the difference between AU and MS, but if you are looking at the high points of any coin and looking for wear you should be able to tell.  I always look at coins with a very good light source.  Seeing the coins with a true light will help you determine where the blemishes are on the coin. 

Extremely Fine

This coin grade shows very little wear.  Most of the major features on the coin are clearly defined, and a lot of the luster of the coin is still visible.  It is a very demanding grade of coin, and knowing what to look for will help differentiate between XF to VF (Very Fine).

Very Fine

This coin grade shows little wear with the major features of the coin very sharp in detail.  The minor features of a coin will show little wear.  Most of the wear will be on the high points of the coin.

Fine

There is a moderate to considerable even wear on the coin.  The coin will still have distinguishable features.  A lot of the details show a fair amount of the design.

Very Good

Well worn,  and shows slight detail on the main features of the coin.  The coins overall appearance will be noticeable, but well worn.

Good

Very worn features, mostly flat in appearance.  The design is visible, but heavily worn with many of the details gone.

About Good

Very heavily worn with lettering, details, and dates worn smooth.  The date may not be visible at all.  This is the worst possible condition of a coin, and is worst coin grading given to a coin.

So get out your coin grading book, and learn all you can about grading your coins in your collection.  Know the basics of coin grading will allow you to accurately grade your coins and coins that you wish to purchase in the future.  

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