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<p>[QUOTE=&quot;JeromeLS, post: 783312, member: 7867&quot;]I&#039;m in the UK, and the grading system works out roughly like this:</p><p><br /></p><p>Unimpaired proof- FDC </p><p>Impaired proof- aFDC</p><p>MS-62 to 68 - Uncirculated (Really nice mint state coins are often described as &quot;choice&quot; or &quot;gem&quot;, those with full lustre as BU (brilliant uncirculated) </p><p>AU to MS-61 - NEF/EF/GEF (AU occasionally occurs)</p><p>XF - VF/GVF</p><p>VF- GF/NVF </p><p>F - NF/F</p><p>VG- Fair</p><p>Good- About fair</p><p>AG - Poor</p><p><br /></p><p>Most European grading systems are tiered in a similar way. </p><p><br /></p><p>The only problem which occurs is that many collectors assume that a US XF is equivalent to a UK EF and that , when this is only sometimes true. The coin below, which is graded XF on the US system, would in my opinion grade aVF/VF on the UK system. </p><p><a href="http://www.rickgross.com/EBAY/1921S_50_Cent_XF_A_Very_Handsome_Coin3.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.rickgross.com/EBAY/1921S_50_Cent_XF_A_Very_Handsome_Coin3.jpg" rel="nofollow">http://www.rickgross.com/EBAY/1921S_50_Cent_XF_A_Very_Handsome_Coin3.jpg</a>[/QUOTE]</p><p><br /></p>

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