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Coin grading for newbies like me


Calendyr

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Hello everyone,

I would like advice on coin grading.

I know the basics of the grades but I would like to learn how to do it.  I don't do numismatic at the moment, I stack for metal value and purchase accordingly.

I did start a small collection of rounds and bullions purchased as metal. 

So if I understand the process correctly, those would be considered Brilliant Uncirculated, right?

Then a grade could be made depending on the damage on them and if there are any issues likes spoting?

 

I am curious about the process and how it's done.  Do you guys have videos or guides that you know are correct and well presented that you could recommend?

 

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  • Founder & Administrator

Have moved topic to general precious metals Sub forum as it was not a trade topic. You should get more replies in this section also :) 

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10 hours ago, ShaolinStacker said:

Look up Numistacker on YouTube. He will show you everything you need to know 

Thank you, will have a look! ;)

 

9 hours ago, ChrisSIlver said:

Have moved topic to general precious metals Sub forum as it was not a trade topic. You should get more replies in this section also :) 

Thanks!

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I'm not sure the OP is asking specifically about third party grading companies such as NGC or PCGS.

Coin grading has been around for a lot longer than the "slabbers".

IMO every coin collector should learn to grade coins correctly before they tackle the TPG'ers.

There is only one way to learn and that is to compare your coins with photos (or real life coins) of known grades and learn where the wear points and areas of interest are for each type of coin that interests you. They are all different.

There are lots of photos on the internet; sales adverts, coin dealers websites etc. Coin auction catalogues are the best as you can reasonably trust the grades given.

Some grading guides and what to look for can also be found on the TPG websites.

For British coins, there is the excellent book by Derek Francis Allen, The standard guide to grading British coins.

Profile picture with thanks to Carl Vernon

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6 hours ago, sovereignsteve said:

I'm not sure the OP is asking specifically about third party grading companies such as NGC or PCGS.

Coin grading has been around for a lot longer than the "slabbers".

IMO every coin collector should learn to grade coins correctly before they tackle the TPG'ers.

There is only one way to learn and that is to compare your coins with photos (or real life coins) of known grades and learn where the wear points and areas of interest are for each type of coin that interests you. They are all different.

There are lots of photos on the internet; sales adverts, coin dealers websites etc. Coin auction catalogues are the best as you can reasonably trust the grades given.

Some grading guides and what to look for can also be found on the TPG websites.

For British coins, there is the excellent book by Derek Francis Allen, The standard guide to grading British coins.

Yes that is what i was asking: How to do it ;)

One of the videos I watched was really helpful and yes he was using pictures to give an example of the rating for each grade.

The one aspect I am still confused about is: do modern bullions benefit from being perfect or not?  I was thinking no, but I have seen American Silver Eagles in slabs with ratings of MS70... so now I don't know.

 

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