Revised Grading Scale

Discussion in 'US Coins Forum' started by dreamer94, May 27, 2007.

  1. dreamer94

    dreamer94 Coin Collector

    Am I the only one that thinks most of the standard grading scale is euphemistic? I propose the following "truth in adversing" revision of the scale descriptions.

    Old term--------------New term
    -----------------------------------
    About Good------------Scrap metal
    Good------------------Crap
    Very Good-------------Slightly crappy
    Fine------------------Recognizable as a coin
    Very fine-------------Very worn
    Extra fine------------Moderately worn
    About uncirculated----Circulated
    Mint State 60---------Uncirculated but beat up


    Attached is a scan of a coin graded as Good and for comparison, the same coin in Proof.

    Would anyone show the "good" coin to someone and say "Hey, look at how GOOD the condition of this coin is??
     

    Attached Files:

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  3. Bonedigger

    Bonedigger New Member

    LOL, that's a good one. :D

    Ben
     
  4. Pocket Change

    Pocket Change Coin Collector

    Another one for me is BU and it's brothers GEM BU and CHOICE BU.

    What the Hey? I've just started to "buy" lower priced coins and I'm discovering that BU means "Oh yeah, all those marks on it came from the bag as it was being hauled from the mint....."
     
  5. Bacchus

    Bacchus Coin Duffer

    dreamer,

    Your terms are much more accurate. :thumb:
     
  6. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    funny, but no. I like more sophmoric terms

    AG blech
    G eh
    vg soso
    F well now
    VF hmmmm
    xf oooooh
    au aaaaah
    ms-60 hmph, scratchy
    ms-64 q.dave's approval
    ms-70 bull!@#%, doesn't exist
     
  7. Aidan Work

    Aidan Work New Member

    Those postings made me have a good laugh.

    Aidan.
     
  8. Treashunt

    Treashunt The Other Frank

    ah, for the good old days, unc or not.
     
  9. elaine 1970

    elaine 1970 material girl

    grading

    get what you like. that's it.

    my grading are:
    perfect
    uncirculated
    lightly used
    used or circulated
    damaged
     
  10. clembo

    clembo A closed mind is no mind

    A lovely post I must say but you forgot a few.

    Uncircled = Uncirculated
    BU = Beat Up
    and the one you always here from your non collecting friends is.....

    "I have an old silver dollar that's in RGS (Really Good Shape)"

    Great Post!
     
  11. asciibaron

    asciibaron /dev/work/null

    most of the coins i see are either BU, GEM BU, or Choice BU - no one wants to put an MS and number on a coin - that allows them some wiggle room if you really like the coin - for some Mercury dimes that wiggle room could be $40.00!

    -Steve
     
  12. Topher

    Topher New Member

    My grading is simple:

    1. Scrap Metal
    2. Readable Date
    3. Good
    4. Too expensive for me

    :D

    I only have coins from three of these categories. :D
     
  13. grizz

    grizz numismatist


    gone forever.............i'm afraid
     
  14. Conder101

    Conder101 Numismatist

    No their not. Fifty years from not when you're sending your coins off to be holographicly computer graded by the PanAsian Cybernetic Grading Syndicate (PCGS) hoping for a MS- 3823.274A9 and that the bagmark by Liberty's nose doesn't cause a color flare in the Online Holoimage you'll think back to those good old days of 2007 when there were only 33 grades of Mint State (11 grades with low end, Lock, and high end) and just a handfull of collor and strike designations. And you will wish for those simple times of a bygone era.
     
  15. asciibaron

    asciibaron /dev/work/null

    i'll buy nothing less than MS 3823.274B0!

    the price difference of $100^73 mega bucks will be worth it.

    -Steve
     
  16. Treashunt

    Treashunt The Other Frank

    asciibaron

    That's great and next week someone will grade one piece
    MS 3823.274B0! + 2.00.
     
  17. dreamer94

    dreamer94 Coin Collector

    Rational numbers aside, does anyone know how the original grading scale arrived at 70 as the highest amount? That is a very odd choice.
     
  18. clembo

    clembo A closed mind is no mind

    Coin collectors are very odd people so it makes sense.
     
  19. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    I can't afford anything over MS 2786.ed####q1
     
  20. GDJMSP

    GDJMSP Numismatist Moderator


    Sydney Sheldon came up with the scale in 1948. The numbers were arbitrary for him - he started with 1 and ended at 70 because that was how many it took to describe what he considered to be a scale from the worst to the best condition & value. Of course his scale was devised for large cents and was not applied to other coins until the 1970's.
     
  21. Treashunt

    Treashunt The Other Frank


    Actually, he started with 1 as the basal state (lowest identifyable coin) to 70 perfection.
    The numbering was established because if the 1 was valued at $10, then the G-4 was worth $40, or a simple multiple of the original basal state value.
    So, under his theory, the MS-70 (although I don't think that he used MS in his identifications) was worth 70 times that of the lowest possible grade.
     
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