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The reference most used for grading coins. is
The Official A.N.A. Grading Standards for United
States Coins. The grading scale used on American
coins is the 70-point scale devised by Dr.
William Shelby. On this scale 0 is barely
recognizable as a coin and 70 is perfect.
Mint State ranges from MS60 to MS70. - will show
no trace of wear.
Almost Uncirculated ranges from AU50 to AU58.
-show slight traces of wear on the highest
points
Extremely Fine ranges from EF40 to EF45 . - will
show light wear on the high points of the coin.
Very Fine ranges from VF20 to VF35. - will show
light wear (medium wear on the high points of
the coin)
Fine ranges from F12 to F15. - will show
moderate even wear. Some of the detail will be
worn off.
Very Good ranges from VG7 to VG10. - The major
design is there but most of the detail will be
worn off.
Good ranges from G4 to G6. - will show heavy
wear. The major design will be visible but will
be faint i
About Good is AG3. - will show extremely heavy
wear. Only the outline of the design will
be visible.
Fair is F2. This grade is worn so heavily that
the date may not be easy to make out.
Poor is P1 (basal state). the coin is so
worn that you can only determine the
type .
In modern numismatics are the study of the coins
of the mid 17th to the 21st century, the period
of machine struck coins. Varieties,
mint-made errors, the results of progressive die
wear, mintage figures and even the
socio-political context of coin mintings are
also matters of interest.
The term numismatist applies to collectors and
coin dealers as well scholars using coins as
source or studying coins..
Common collection themes
Country collections ,Year collections , Mintmark
collections , Variety collections ,Type
collections ,
Subject collections ,Composition collections
,Period collections .
Coin Collectors can divided in:
Period collectors
Collectors of Coins minted during a
particular emperor's reign . Coins of
Roman, Byzantine, Greek, Indian, Celtic,
Parthian, Merovingian, Ostrogothic, and ancient
Israelite origin are amongst the more popular
ancient coins collected.
Investors
Someone purchasing coins is as an investment.
Hoarders
Someone that accumulate coins. but tdon't
focus on one specific variety
Inheritors
Someone who acquires coins (collection, hoard,
investment) from another person.
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