Coin grading
Coin grading. Likely the most important thing to get straight if you are collecting coins for the value or trying to determine the value of old coins in trades, barter, or cash. Highest grading as in the table below is reserved for museums and institutions. The value of old coins in this category are of course the highest but that is not to state that any coins in this grading are the rarest. The coin grading has little and nothing frankly to do with the coins rarity; this is an important point, consider it’s meaning carefully.
We recommend you have any coins that you think may have a particularly high value be appraised. There are many very good books on the subject and you can find the best of these coin grading books and links to on this page.
Do not be concerned if the bulk (or your entire coin collection or portfolio) is made up of coins in the lowest grading category. Keep in mind coins in the highest grades are extremely expensive, you cannot handle them much or even expose them to the air we breathe, and not very tangible; what fun is a coin that you cannot touch? These upper grades represent the top value of old coins and offers descriptions.
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Highest Grading
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Popular Collector & Investor Grading
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Choice About Uncirculated AU-58 |
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Lowest Grading Primarily for Coin Hobbyist Choice Very Fine VF-30 |
Very Good VG-8 Good G-4 Barely Recognizable |
April 26, 2009
Posted in: Value of old coins
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