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Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted.
Mint condition is an expression used to denote the quality of a pre-owned good as displaying virtually no imperfections and being in pristine condition relative to its original production state. Originally, the phrase related to the way collectors described the condition of coins. As the name given to a coin factory is a "mint", then mint ...
This is the equivalent of mint condition in numismatics. Fine (F or FN) is "as new" but allowing for the normal effects of time on an unused book that has been protected. A fine book shows no damage. Very good (VG) describes a book that is worn but untorn. For many collectors this is the minimum acceptable condition for all but the rarest items.
Mint luster may show only in protected areas of the coin's surface (Such as between the star points). 50 About Uncirculated/Almost Uncirculated AU, AU50 Traces of wear at the highest points of the coin. At least half of the original mint luster remains. 55 Choice About Uncirculated Ch. AU, AU55 Three-fourths of the original mint luster remains. 58
Professional Coin Grading Service (PCGS) is an American third-party coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.
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The dollar coin made its Mint Set debut in 1973, and was notably not issued for circulation that year. No Mint Sets were produced in 1982 and 1983, and when the set returned in 1984, no dollar coin was included (the denomination had been discontinued in 1981) and US Mint tokens from the Philadelphia and Denver Mints were included in its place ...
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