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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.
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.
Coin dealers will normally grade these coins at or below the ones shown for that respective type, the grades here depend on how bad the issue or issues are. [27] Grading services typically label these coins as "authentic" with x grade "details" (ex: "EF details"). Coins that are uncirculated as mentioned above can not go below an MS-60 grade.
Third-party grading (TPG) refers to coin grading & banknote grading authentication, attribution, and encapsulation by independent certification services.. These services will, for a tiered fee depending on the value of the coin, "slab" a coin and assign a grade of 1–70 on the Sheldon grading system, with 1 being the lowest grade, with only faint details visible to 70, a practically perfect ...
There are in more than 3,000 different VAMs however the coin certification company Professional Coin Grading Service (PCGS) does not recognize all of them. They recognize 52 VAM Peace dollars and 317 Morgan dollar VAMs [2] A VAM can be a small change in dies like a different sized mint mark, or something more dramatic like a repunched date.
Eagle reverse, 1932–1964 (Silver) Year Mint Mintage [1] [2] Comments 1932 (P) 5,404,000 D 436,800 S 408,000 1934 (P) 31,912,052 Doubled die errors are known.