Coin Grading

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An Introduction to Coin Grading

Coin grading has evolved over the years to a system of finer and finer grade distinctions. In the beginning, people collected ancients and there were two grades, new and used. Currently, particularly when talking about US coins, a more diverse scale of grades is used including: PO-1, FR-2, AG-3, G-4, G-6, VG-8, VG-10, F-12, F-15, VF-20, VF-25, VF-30, VF-35, XF-40, XF-45, AU-50, AU-53, AU-55, AU-58, MS-60, MS-61, MS-62, MS-63, MS-64, MS-65, MS-66, MS-67, MS-68, MS-69 and MS-70. It is difficult to imagine that there will be yet finer distinctions in grading in the future, yet it's already happening. Series-specific strike distinctions such as FSB (Fully Split Bands) for Mercury and Roosevelt Dimes, FBL (Full Bell Lines) for Franklin Half Dollars, FH (Full Head) for Standing Liberty Quarters, 5 and 6 step Jefferson Nickels and so forth are creating condition rarities out of coins formerly thought of as common.

Top Grading Services 

PCGS
Professional Coin Grading Service
NGC
Numismatic Guaranty Corporation
ANACS
American Numismatic Association Certification Service

Coin Grading Services 

Coin grading, or slabbing, is a fee-based service in which a coin or medal is sent to an independent third-party company to provide an opinion on its condition (grade) as well as it's authenticity. Slabbed (sometimes also referred to as 'Graded') coins are then encapsulated in a plastic holder (slab). A label insert identifies the coin and provides a grade on the 70-point Sheldon coin grading scale. Coins that are not genuine or have been altered in some way are not graded, referred to as "body-bagged" and returned to the owner without a slab.

Photos from Flickr 

Thisen No Looken Like Credits by nickstone333

Thisen No Looken Lik...

Painted Ireland Coin by deovolenti

Painted Ireland Coin

Painted Ireland Coin by deovolenti

Painted Ireland Coin

Painted Ireland Coin by deovolenti

Painted Ireland Coin

Macro Shot - Not by FurLined

Macro Shot - Not

Festung Königstein by Neuwieser

Festung Königstein

TIBET, 5 SRANG DATE UNKNOWN---PRE CHINESE OCCUPATION b by woody1778a

TIBET, 5 SRANG DATE...

IRAQ, GHAZI I 1938 ---50 FILS a by woody1778a

IRAQ, GHAZI I 1938 -...

TIBET, 5 SRANG DATE UNKNOWN---PRE-CHINESE OCCUPATION a by woody1778a

TIBET, 5 SRANG DATE...

IRAQ, GHAZI I 1938 ---50 FILS b by woody1778a

IRAQ, GHAZI I 1938 -...

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by petertdavis

Peter T Davis is a web property developer; He owns a number of popular hobby websites, including http://www.CoinTalk.org. He lives  in New Englan... (more)

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