Coin grading is often considered more of an art than a science. It is the process of determining the grade or the condition of a coin, determining its value. A coin's grade is usually determined by the top five factors: strike, preservation, luster, color, and attractiveness. Various grading systems have been organized, and professionals grade these coins for a tiered fee.

There are many things to consider when you have a coin collection. The value of the collection will be directly affected by the grade of your coins. This is by far the most important thing to keep in mind.

The Coin Grading Process

The primary purpose of any reputable coin grading firm is to identify the authenticity of coins. These companies hire the best and the most skilled numismatic professionals to use their inherent knowledge, diagnostic tools, and hobby resources to find out the authenticity of each coin. These coin certification firms will then assign a grade to the coin if they are undamaged.

What Are Grading Companies And What Do They Do

Coin grading services came into existence as a result of the coin collecting community's needs.
One of the most common disputes between third-party coin grading firms is that when one dealer would assign a certain grade value to the coin, another dealer would consider the grade of the coin to be of a higher or lower value. The difference of a grade or two could amount to thousands of dollars. This makes it difficult to do business, especially for rare coins.
This is when the coin grading companies come in. They become the tiebreaker. Though these companies grade the coins in much the same way, a panel of experts will do the grading. The coin that is submitted will be evaluated independently. When the first two experts disagree on the grade, a third professional will grade the coin. When the expert agrees with one of the first two, the coin will receive that grade. The coin is then verified again by yet another expert. The coin is finally handed over to the owner once all of the above procedures have been completed.

Sheldon Coin Grading Scale

Early numismatist universally felt the need to create an independent system for measuring a coin’s quality. Particularly in the form of nicks scratches and wear that distorted the original design. This simply comprised of Good, Fine and Uncirculated which were centered primarily around the surface quality and design visibility.

As the collecting market grew, the need for a more precise grading system was apparent. So in 1948, Dr. William Herbert Sheldon (a well-known numismatist) created a scale to grade coins from 1 (least visible design and luster) to 70 (considered a perfect coin). That is now known as the Sheldon Scale and is used universally across all legitimate grading companies.

In 1978 the American Numismatic Association published the Official A.N.A. Grading System for United States Coins. The ANA also founded the independent grading company ANACS (the oldest of the 3 major grading companies) as a means to solidify the universal standard of coin grading and have held those standards of grading ever since.

Grade Design Company Acronym
Good (G-4) 10% G
Very Good (VG-8) 25% VG
Fine (F-12) 50% F
Very Fine (VF-20) 75% VF
Extremely Fine (EF-40, or XF-40) 90% EF/XF
About Uncirculated (AU-50) 95% + some luster UNC
Mint State (MS-60 to 64) 100% + luster BU
Mint State (MS-65 to 70) 100% + full luster FDC

Top Coin Grading Companies

While many companies provide coin grading services, the three below are the largest and considered the most trustworthy as they hold most rigorously to the standards set by the ANA mentioned above.

  • American Numismatic Association Certification Service (ANACS)
  • ANACS is a well-known third-party coin grading service that has been providing accurate and reliable coin grading services for over 40 years. If you are a coin collector or investor, you understand the importance of having your coins graded by a reputable grading service like ANACS. ANACS grading coin service provides a professional and unbiased opinion on the condition and authenticity of your coins.

    When you submit your coins to ANACS, their team of experienced and knowledgeable graders will examine your coins and assign them a grade based on their condition. ANACS uses a grading scale that ranges from 1 to 70, with a grade of 70 being considered a perfect coin. This grading system allows collectors and investors to accurately assess the value of their coins and make informed decisions about buying and selling.

    In addition to coin grading, ANACS also offers a variety of other services, including attribution, variety identification, and encapsulation. Encapsulation is a popular service that involves sealing your coins in a tamper-evident holder, which not only protects your coins but also provides an added layer of authenticity and security.

    Overall, ANACS grading coin service is a reliable and trusted choice for coin collectors and investors who want to ensure the accuracy and authenticity of their coins. By using their professional grading services, you can confidently buy, sell, and trade your coins knowing that they have been accurately graded by a reputable and experienced team of graders.

  • Professional Coin Grading Service (PCGS)
  • PCGS, or Professional Coin Grading Service, is one of the most well-respected third-party coin grading services in the world. Founded in 1986, PCGS has become synonymous with accurate and unbiased coin grading. PCGS grading involves a team of experienced numismatists who thoroughly examine each coin, assessing its condition and assigning it a grade on the Sheldon grading scale. The Sheldon grading scale ranges from 1 to 70, with 70 being the highest grade a coin can receive.

    PPCGS grading is highly valued in the numismatic community, as it provides a standardized and objective system for assessing a coin's condition. Coins that are graded by PCGS are sealed in a protective holder that not only provides physical protection, but also serves as a guarantee of the coin's authenticity and condition.

    PIn addition to grading services, PCGS also provides up-to-date coin values for coins that have been graded by their service. PCGS coin values are based on a number of factors, including the coin's grade, rarity, and market demand. These values are regularly updated to reflect changes in the market, ensuring that collectors and investors have accurate and current information about their coins' worth.

    PIf you are a coin collector or investor, having your coins graded by PCGS can help to maximize their value and make them more marketable. PCGS-graded coins are highly sought after by collectors and investors alike, and can command premium prices at auction and in private sales.

    POverall, PCGS grading and PCGS coin values are important considerations for anyone who is serious about coin collecting or investing. By using the services of a reputable grading service like PCGS, you can ensure that your coins are accurately graded and valued, and can make informed decisions about buying and selling based on up-to-date market information.>/p>

  • The Numismatic Guaranty Corporation (NGC)
  • The NGC, or Numismatic Guaranty Corporation, is a leading third-party coin grading service that has been providing expert coin grading and authentication services since 1987. In addition to grading modern coins, the NGC is also a trusted source for ancient coin grading, which involves the evaluation and certification of coins from antiquity.

    NGC ancient coin grading involves a team of experienced numismatists who use a standardized grading scale to evaluate the condition of the coin. The NGC uses a 10-point grading scale, with 1 being the lowest grade and 10 being the highest. The grading process also involves evaluating the authenticity of the coin, ensuring that it is a genuine ancient artifact. The NGC grading service provides collectors and investors with a valuable tool for assessing the condition and authenticity of their coins. NGC-graded coins are sealed in a protective holder that not only provides physical protection, but also serves as a guarantee of the coin's authenticity and condition.

    In addition to grading services, the NGC also offers a marketplace for buying and selling NGC-graded coins. The NGC coin marketplace provides a convenient and secure platform for collectors and investors to purchase high-quality, authenticated coins from a trusted source.

    If you are interested in purchasing NGC-graded coins, it is important to do your research and work with a reputable dealer or seller. By purchasing NGC coins, you can be confident in the authenticity and quality of the coins, and can add valuable and historically significant coins to your collection.

    Overall, NGC ancient coin grading, the NGC grading service, buying NGC coins, and NGC coin grading are important considerations for anyone who is serious about ancient coin collecting or investing. By using the services of a reputable grading service like the NGC, you can ensure that your coins are accurately graded and valued, and can make informed decisions about buying and selling based on up-to-date market information.

This entry was posted on August 18, 2021 by lavanya kannan