| Coin Grading Services are available online and off. | | | | Though there are some limitations as these |
| The grading of coins or coin grading is a very | | | | services technically grade coins where as the |
| important practice, In coin collection. | | | | market value of these coins can many a times |
| Grading of coins began in early 19th century, then | | | | differ. |
| grading was done with the help of letter grading | | | | Recently computers were too being used for |
| system ,in this system alphabets were used for | | | | grading ,this practice was known as Compugrade |
| grading for example PO was used for Poor ,Fr | | | | this system soon lost its flavor as computer |
| was used for Fair G was used for Good VG was | | | | grading could not replace human grading. |
| used for Very Good F for Fine VF for Very Fine | | | | Coin grading services have been very useful in |
| XF/EF for Extra fine. | | | | getting rid of fake counterfeit coins. |
| In 1950 an American Doctor and a well known | | | | Coin grading services are to determine genuinely |
| coin collectors evolved a Sheldon scale in his book | | | | the condition and the authenticity of a coin and |
| called Penny Whimsy a numeric grading system | | | | grade it to provide coin collectors or buyers with |
| which would scale coins on numeric grades of | | | | a grade on which they can rate the value of the |
| 1-70. | | | | coin. |
| This numeric Sheldon scale was particularly useful | | | | Coins are graded keeping in mind various aspects |
| for grading of copper coins ,and was a well | | | | of its design its country of origin its uniqueness |
| known practice with copper coin collectors. | | | | the date printed as well as the mint mark on it. |
| In 1986 a professional service of grading was | | | | Coin grading can also be performed by individuals |
| launched in Newport Beach California ,this grading | | | | who have the knowledge and the skills of |
| system was a combination of 2 older grading | | | | identifying a true coin and a fake coin. |
| systems ,the combination of numbers and | | | | Nowadays the quality of counterfeit coins has |
| alphabets. | | | | gone up increasingly it has become nearly |
| This form of third party assessment service of | | | | impossible to distinguish between the original and |
| grading coins came to be known as PCGS, | | | | the fake coin with a naked eye ,here is when it is |
| Professional Coin Grading Service.PCGS used the | | | | highly recommended to sought help from |
| following grades for coins- PO-1, FR-2, AG-3, G-4, | | | | professional coin grading services . |
| G-6, VG-8, VG-10, F-12, F-15, VF-20, VF-25, | | | | Coin Grading services are authorized companies |
| VF-30, VF-35, XF-40, XF-45, AU-50, AU-53, | | | | who not only grade coins but also give limited |
| AU-55, AU-58, MS-60, MS-61, MS-62, MS-63, | | | | value guarantee to the coins graded by them. |
| MS-64, MS-65, MS-66, MS-67, MS-68, MS-69 and | | | | Coin grading services are known to grade the |
| MS-70. | | | | coins with authorized certificates ,which provides |
| The whole idea behind grading was to make the | | | | further assurance to a buyer for investment. |
| dealing of coins easier in the open market .Around | | | | Coin colleting is an expensive hobby ,if one is not |
| 2006 finer means of coin grading became | | | | well experienced it is better to use the advice and |
| assessable like NGC -Numismatic Guaranty | | | | service of Coin grading services to avoid any |
| Corporation, ANACS and ICG. | | | | misfortune in future. |