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<p>[QUOTE="GDJMSP, post: 3132569, member: 112"]I don't think he's actually considering sending it in, or asking how to do so. I take his question to mean that he wants someone to explain the grading process to him - as in how would one go about grading this coin and what makes it one grade as opposed to another ?</p><p><br /></p><p>In simple terms Bobby the answer to your question is this. You first have to be familiar with what an uncirculated example of that coin, in that date and mint, actually looks like. Then, you compare your coin to that coin and judge how much wear if any your coin actually has. And you judge the amount of wear by the amount of detail remaining on the coin. The less detail it has, the more wear and the lower the grade.</p><p><br /></p><p>That's the simple explanation. In reality there is a lot to know before one can truly learn how to grade coins. You have to be familiar with the quality of luster and quality of strike for different dates and different mints. Then you have to know what breaks in the luster look like, (breaks in luster indicate the very beginning stages of wear). And from there it is a graduating scale descending downwards - more wear equals lower grades.</p><p><br /></p><p>To grade uncirculated examples only there is lot more to know. You have to learn about contact marks, hairlines, and eye appeal. How many contact marks are allowed for each grade, where the contact marks are on the coin as some locations count more than others, how severe the contact marks are. Same things for hairlines. And that's just the beginning.</p><p><br /></p><p>To put things a different perspective for you so that you might better understand just how difficult it is to learn how to grade coins accurately and correctly consider this. You no doubt already know that different people in different trades get paid a lot of money to do what they do for a living. And as a general rule the more money one gets paid the more difficult it is to do what they do. Well, people who grade coins for a living, the really good ones can make over $200,000 a year. And some of those just starting out get paid $100,000 and up.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3132569, member: 112"]I don't think he's actually considering sending it in, or asking how to do so. I take his question to mean that he wants someone to explain the grading process to him - as in how would one go about grading this coin and what makes it one grade as opposed to another ? In simple terms Bobby the answer to your question is this. You first have to be familiar with what an uncirculated example of that coin, in that date and mint, actually looks like. Then, you compare your coin to that coin and judge how much wear if any your coin actually has. And you judge the amount of wear by the amount of detail remaining on the coin. The less detail it has, the more wear and the lower the grade. That's the simple explanation. In reality there is a lot to know before one can truly learn how to grade coins. You have to be familiar with the quality of luster and quality of strike for different dates and different mints. Then you have to know what breaks in the luster look like, (breaks in luster indicate the very beginning stages of wear). And from there it is a graduating scale descending downwards - more wear equals lower grades. To grade uncirculated examples only there is lot more to know. You have to learn about contact marks, hairlines, and eye appeal. How many contact marks are allowed for each grade, where the contact marks are on the coin as some locations count more than others, how severe the contact marks are. Same things for hairlines. And that's just the beginning. To put things a different perspective for you so that you might better understand just how difficult it is to learn how to grade coins accurately and correctly consider this. You no doubt already know that different people in different trades get paid a lot of money to do what they do for a living. And as a general rule the more money one gets paid the more difficult it is to do what they do. Well, people who grade coins for a living, the really good ones can make over $200,000 a year. And some of those just starting out get paid $100,000 and up.[/QUOTE]
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