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<p>[QUOTE="mac266, post: 3001667, member: 26371"]To the OP, grading is a key component of coin collecting and it's something I strongly recommend you begin learning now. The American Numismatic Association offers a correspondence course on it, or you can spend a lot of money and attend one of their Summer Seminars every year (grading is ALWAYS offered!). A coin's grade is as objective as possible, given the written and photographic standards published by several authors; however, it remains highly subjective anyway. So you need to know how a seller (and YOU) would grade any coin, because the coin's grade determines the price.</p><p><br /></p><p>Then you need a price guide, and there are several. Most collectors don't invest in "Grey Sheets" due to the expense, but it's a monthly (I think) listing of coin prices by grade, based on current market trends. I use <a href="http://www.numismedia.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismedia.com" rel="nofollow">www.numismedia.com</a> because it's free.[/QUOTE]</p><p><br /></p>
[QUOTE="mac266, post: 3001667, member: 26371"]To the OP, grading is a key component of coin collecting and it's something I strongly recommend you begin learning now. The American Numismatic Association offers a correspondence course on it, or you can spend a lot of money and attend one of their Summer Seminars every year (grading is ALWAYS offered!). A coin's grade is as objective as possible, given the written and photographic standards published by several authors; however, it remains highly subjective anyway. So you need to know how a seller (and YOU) would grade any coin, because the coin's grade determines the price. Then you need a price guide, and there are several. Most collectors don't invest in "Grey Sheets" due to the expense, but it's a monthly (I think) listing of coin prices by grade, based on current market trends. I use [url="http://www.numismedia.com"]www.numismedia.com[/url] because it's free.[/QUOTE]
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