A coin in "Very Good" condition is not very good at all. The small details are all gone, as well as most of the large details. The portrait of figures is outlined, and has some relief, but often, a good deal of the legend is worn away. Coins of this grade quite often have scratches, bumps, and other disfigurements. This is a heavily worn piece with all major designs visible, though in little more than outline shapes with very little central detail. There may be faintness in some areas, but most lettering should be readable.
This is a very heavily worn coin with portions of the lettering, date and legends being worn smooth and the date may be barely readable. A coin in either "Fair" or "Poor" condition is basically just a slick round piece of metal with a faint outline of some shape which might be a nose, ear, or maybe just a ding in the metal. When there are significant differences between the obverse and reverse sides, a split grade may be assigned. The overall grade is often detitleined by the obverse.
Net grading is a title used when referring to coins that have problems. For example, a coin might have XF wear, but have been scratched, corroded, cleaned, etc. Often, such a coin will be given a "net" grade, say VF reflecting the undesirable issues. This is meant to reflect that while the coin may technically grade XF, the market value should be somewhere close to that of an average VF coin. While completely problem free coins are the exception, net grading is probably applied to less than a fourth of the coins out there.
Coin Shop. Home Fleur-de-coin. Specimen Proof SP or PF Although very rarely seen, these are attainable grades, since Specimens and Proofs are generally double struck on specially prepared, polished blanks using specially prepared dies on a slow, high pressure press, and the pieces are immediately hand picked off the press with gloved hands and carefully placed in protective holders.
Superb Mint MS Pieces of this quality will immediately catch the experienced eye and will appear as perfect coins to most other graders. Choice Mint MS Generally speaking, this can be thought of as a nice example of Mint State coin which does not meet the strict quality requirements of an MS Typical Mint State MS The surfaces of an MS coin will often have what is typically described as a "baggy" look, with a numerous "bag marks" or "hits" of varying sizes depending on the softness of the coin's metal.
About Uncirculated AU There are traces of wear on most of the higher areas of the designs and considerable disruption is seen in the larger fields. Extremely Fine EF or XF There is light wear on the high points of the designs, but there is still an excellent overall sharpness. Very Fine Plus VF There is a light even wear on all but the most protected surfaces, and the details on the high points are worn, though there is still some sharpness to the major design features and lettering.
Coin Grading Tutorial View grading tutorials for currency and other collectible types Coin grading is done both by adjectives and on a numeric scale, and standards are developed enough that most collectors will be able to agree on how a coin should look given how the coin's grade is described. Coin grades are as follows: Poor PO-1 : Barely recognizable. Large parts of the design will be completely flat. The date may be barely visible or completely missing.
Also known as Basal State. Fair FR-2 : Rims worn well into the design. There should be outlines of some of the images visible on both sides of the coin, but the lettering may be completely gone. Enough of the date should be visible to identify the coin. About Good AG-3 : Most of the design of the coin will be outlined, but the rims will generally have worn far enough into the design to obliterate parts of the lettering or stars.
Sometimes referred to as Almost Good. Good G-4, 6 : The general design of the coin will be outlined, but there will be very little detail and some parts may be very weak. For the most part, the rim will be intact, but it may wear down to the tops of the letters or stars in some cases.
Non-collectors will often refer to their coins as being in "Good" condition; a coin grading Good is actually a very worn coin. Very Good VG-8, 10 : The coin will have medium to heavy wear, but some details will still be visible.
Fine F, 15 : The coin will have medium wear, with quite a few details visible and some high spots obviously worn away. Very Fine VF, 25, 30, 35 : The coin will have medium to light wear overall, and all general details will be visible.
XF Extra Fine to collectors comes in two varieties. The number grading system is reasonably strict. The adjectival grading system can mean anything the grader wants. It is generally hype to attempt to get a higher price. Go to your browser and search for 'coin grading'. Take pictures as if there is no description. Once graded by an official coin grading company the coin will be placed in a sealed plastic box with the grade of the coin inside the box on it.
FDC — Fleur du Coin Grade Explanation: This only applies to proof coins and these coins are absolutely perfect, without any marks, wear or blemishes. All major features are sharp. F — Fine Grade Explanation: F grade coins have moderate to heavy even wear. The coin design is clear and bold.
The design is clear, but flat and with lacking details.
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