Grade Your Collectible Coins in 3 Easy Steps
The primary purpose of grading a coin is to determine the coin's market value. Ascertaining a coin's value is dependent on how well the coin was struck initially, the coin's a level of preservation, and how much wear and damage the coin has sustained. For most practical purposes, especially for beginners, we're going to concentrate on how to evaluate the amount of wear the coin has, and where it fits on the 70-point scale.
Study coins that have been graded by a trusted coin dealer and tried to determine why they graded the coin as such. If you are not sure why a certain coin received a particular grade, asked the dealer to explain it to you. Coin dealers are more than willing to share their knowledge and create a well-educated coin collector. However, seek a trusted and valued coin dealer amongst experienced coin collectors. Some coin dealers over-grade their coins in order to sell them at a higher price. When you go to sell that coin, honest coin dealers will grade the coin properly and you will not be able to recover the money that you overpaid for the coin initially.
1.The 70-Point Coin Grading Scale
2.The Three Coin-Grading Buckets
3.How to Grade Circulated Coins

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