Grading gives buyers the confidence coins are genuine and independently assessed
Grading explained
Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its value. A coin's grade is generally determined by five criteria: strike, preservation, luster, color, and attractiveness.
The Sheldon Scale is a 70-point scale for grading coins, developed by Dr. William Sheldon in 1949. A slightly modified form of the Sheldon Scale has become the de facto standard for grading coins today and is used by the major third party grading services (NGC & PCGS) when assigning a grade to a coin. There are however other grading scales including the common British scale (see below).
The Sheldon Scale is a 70-point scale for grading coins, developed by Dr. William Sheldon in 1949. A slightly modified form of the Sheldon Scale has become the de facto standard for grading coins today and is used by the major third party grading services (NGC & PCGS) when assigning a grade to a coin. There are however other grading scales including the common British scale (see below).
NGC
With a firm commitment to accuracy, consistency and integrity, Numismatic Guaranty Corporation™ (NGC®) is a leading third-party grading service for coins, tokens and medals. Since 1987, NGC has graded more than 43 million coins, each one backed by the comprehensive NGC Guarantee.
PCGS
Professional Coin Grading Service (PCGS) is the most respected name in third-party coin certification. By establishing a universal grading standard, PCGS has paved the way for coin enthusiasts to enjoy buying and selling coins with confidence.
Grading decoded!
With at least three different grading scales it can be confusing! The table below attempts to cross reference the main three, to assist when relating back to British grading terms. Although this is not an exact science, the below table will give enough information to assist in grading crossovers.
British Grade |
Sheldon Grade |
CGS Grade |
Almost FDC - FDC |
MS66 - MS70 |
90 - 100 |
Brilliant Uncirculated |
MS65 - MS66 |
82 - 90 |
Choice Uncirculated |
MS64 - MS65 |
78 - 82 |
Uncirculated |
MS62 - MS64 |
75 - 78 |
Good EF - Almost Unc |
MS60 - MS61 |
65 - 70 |
Extremely Fine |
Au58 - MS60 |
60 |
Good VF - Almost EF |
Au53 - AU55 |
45 - 55 |
Almost VF - Very Fine |
XF45 - AU50 |
35 - 40 |
Good Fine |
VF35 - XF40 |
30 |
Fine |
F12 - VF30 |
17 - 28 |
Fair - Almost Fine |
AG3 - VG10 |
4 - 15 |