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<p>[QUOTE=&quot;Hobo, post: 1229683, member: 11521&quot;]Grading is a method used to describe a coin in a way that another person will have an understanding of the coin&#039;s condition without having to see the coin. When a coin is graded a descriptive word or words (e.g., Very Good, Fine, Extremely Fine, Uncirculated) are used to describe the state of preservation or the level of wear for the coin. Oftentimes a numerical grade is used in conjunction with the descriptive words or their abbreviations (e.g., VG-8, F-15, EF-45, MS-64). Numerical grades range from 1 (Poor) to 70 (perfect condition) with the eleven grades 60 to 70 being reserved for Mint State (or Uncirculated) coins. </p><p><br /></p><p>The grade of a coin is used to determine its value. In general, the higher the grade the higher the value. (Attractive toning, a sharp strike, Proof-like fields, etc. may make a coin more valuable than one - without those characteristics - in a higher grade. Plus there is often a discontinuity in value from AU-58 to the low MS (Mint State) grades.)[/QUOTE]</p><p><br /></p>

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