When it comes to coin collecting and determining coin value, I often hear customers discuss amongst themselves the value of their coins and the fact that no commonly accepted grading standard can be agreed upon. Often, I hear disputes between these hobby collectors about how much their collection is worth based on their own criteria, which is not always the most objective.
Most of the experienced coin dealers or resellers I see on eBay don’t offer a grading in their listings. Some are even more cautious and clearly indicate that “the grading is up to you”, or “we’ll let you decide what you think the value of this coin is”.
More experienced coin dealers or collectors are a step ahead of this and can determine from the selling price and seller’s feedback score what grading the coin may be expected to be.
Nonetheless, without the aid of a standardized grading system, I am constantly faced with difficult questions regarding the grading and ultimately, the value of my customers’ coins, in
I am currently writing an article about the various gradings such as MS (Mint State), which include grades such as MS-62, MS-63, MS-65, MS-66, MS-70. I will also write about PR (Proof) and PL (Proof-Like), and SP (Specimen), CIRC (Circulated), and UNC (Uncirculated).
In my experience, UNC may also be interpreted as BU (Brilliant Uncirculated), and MS-63 (Mint State).
Thanks for reading and stay tuned! In the meantime, don’t forget to check out our eBay store here!
Coin Value – What is Your Coin Collection Worth?