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<p>[QUOTE=&quot;GDJMSP, post: 801334, member: 112&quot;]I don&#039;t know who wrote that piece on Wiki but it is a mix of accurate and inaccurate information.</p><p><br /></p><p>As to how hammered coins are graded. The principles are the same as when grading any coin. You have mint state coins and circulated coins. </p><p><br /></p><p>To determine the mint state coins from the circulated you do the same things as you do with any coin.You look for breaks in the luster - yes, hammered coins have luster just like milled coins. You have to know the given series well enough to know how to detect weakly struck coins and the difference between a weak strike and wear. </p><p><br /></p><p>To determine the various grades of circulated coins, again you have to know the series. You have to be able to tell a VF from XF by the amount of wear on the coin.</p><p><br /></p><p>So there is no great mystery and it is little different than grading modern coinage. You just have to know the series and what they look like in the various states of condition.</p><p><br /></p><p>I gotta run right now, but later I will post some pictures of hammered coins in various grades to illustrate what I mean.[/QUOTE]</p><p><br /></p>

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