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<p>[QUOTE=&quot;KSorbo, post: 1918710, member: 56370&quot;]When I first started collecting coins during grade school there was no Ebay and no internet, so that left me with the Red Book.&nbsp; I still have a couple well worn copies from 1982 and 1983 that I spent a lot of time studying.&nbsp; Based on this I have always considered coins to be collectible in grades that are listed in that book.&nbsp; For example, most listings for coins from the 1790&#039;s start with AG, while silver dollars start in VF.&nbsp; Modern coins usually aren&#039;t listed in any grades below uncirculated.&nbsp; Circulated Jefferson&#039;s prior to 1959 used to be listed with a slight premium so I used to search for those in rolls that my dad brought home from the bank.&nbsp; Even though Red Book prices are not very accurate, I still think it gives a good indication of which coins have numismatic value.</p><p><br /></p><p>One of my prized possessions is 1794 Liberty Cap large cent certified problem free G4 by PCGS.&nbsp; I consider that to be a fairly high grade compared with many other Liberty Caps that are corroded or worn beyond recognition.&nbsp; Mine just has lots of wear and I&#039;m okay with that.&nbsp; A 1921 Morgan in that grade, however, would not be very interesting.&nbsp; It just depends on the rarity of the coin.[/QUOTE]</p><p><br /></p>

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