Deciphering certified grade acronyms and my growing library

Discussion in 'Coin Chat' started by rower41, May 12, 2012.

  1. rower41

    rower41 Member

    I'm looking for someone to point me in the right direction so I can learn this stuff...

    I'm new to this "certified" thing and have seen numerous book and online references to basic grade acronyms and definitions. I understand this part PR65...
    On the back of my slabs are stickers with more acronyms I need to decipher in more detail.

    For instance, my PCGS 1885 PR65 Liberty nickel is also: BRMAEM; PQ; FAZNN; OTC

    My PRGC 1880 PR65CAM Shield nickel is also: BRLEM

    Where can I find the meanings to these abbreviations? And for now what do these mean?

    These coins arrived this week are are my first foray into the Certified arena and I want to go slowly as I learn.

    On an associated topic, I strive to "buy the book before the coin".
    These books have arrived over recent weeks to help me understand all this better as I move forward.
    Whitman Guide Books to: US Commemorative; Buffalo and Jefferson Nickels; Franklin and Kennedy Half dollars; Washington and State Quarters; Lincoln Cents; Peace Dollars; Shield and Liberty Head Nickels; US Type Coins.
    2013 Red Book; Cherrypickers Guide Vol 1 &2; ANA Grading Standards for US Coins; Collecting Rare Coins for fun and profit; Experts Guide to Collecting and investing in Rare Coins.
    I'll be adding to this over time but it's a start. I like books better than 'net resources and figure on spending lots of research and reading time in the comfy cozy overstuffed chair before making careful coin selections.

    Thanks for all your help.
     
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  3. Kirkuleez

    Kirkuleez 80 proof

    Those seem like a dealers notes and not necessarily have anything to do with the grade of the coin. Many dealers use a letter system to remind them of what they originally paid for the coin. I use the word chamberpot as my key because it has ten letters. C=0, H=1, A=2 and so on.
     
  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    ..lol. im sorry odviously explaint to me the chamber pot thing.. cause its has a load in it..loll.
     
  5. cdc

    cdc Member

    How about coin price guides from the 70's, 80's, and 90's? They are only $2-3 each.
     
  6. Kirkuleez

    Kirkuleez 80 proof

    No, that's nasty. I was just trying to give a possible explanation of the labels on your slabs. As far as the numeric scale, just go to the PCGS website for a good explanation.
     
  7. 19Lyds

    19Lyds Member of the United States of Confusion

    CHAMBERPOT
    0123456789

    BRMAEM

    B = 4
    R = 6
    M = 3
    A = 2
    E = 5
    M = 3

    BRMAEM = 463253 or $4,632.53

    I think. Too complex for my old brain though.

    PQ = Premium Quality but those stickers are usually on the front.

    Most dealers I've bought from try to buy below greysheet and sell at greysheet so all they do is look it up on greysheet.
     
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