Graded Gold Coins
A gold coin's conditions is the key value. That’s why grading is so important. Graded coins are normally more valuable than ungraded coins. Also subject to the elements and damage from handling. Therefore, for obvious reasons, collectors prefer coins in the best condition possible.
A coin in mint condition retain more of the fine detail of the original engraving. Old and ancient coins are easier to read in better states of preservation. In general there is more pleasure owning a coin in almost perfect original condition than there is with a worn specimen. This also means there are fewer “old” coins in mint condition than in worn condition.
Storing of graded gold coins
Once the coin is graded, it is sonically sealed in a clear, tamper-proof holder – a “slab”. Anti-counterfeiting measures include a holographic emblem on the back, the design of which changes over time. On the front, the coin information provided includes its type, denomination, grade and a unique serial number assigned to that particular coin, as well as a machine-readable barcode.
How are gold coins graded?
When coins are graded, they are assigned a numeric value on the Grading Scale. Grading a coin is to determine what the coin’s market value is based on how well the coin was originally struck, how well the coin metal itself has been preserved, and how much wear and damage the coin has suffered since it was minted. For most practical purposes, especially for beginners, we’re going to be concerned with how to tell how much wear the coin has had, and where it fits on the 70-point scale.
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