What does PR mean in coin grading?

Proof
Proof (PR) A coin usually struck from a specially prepared coin die on a specially prepared planchet. Proofs are usually given more than one blow from the dies and are usually struck with presses operating at slower speeds and higher striking pressure.

What does UNC mean for coins?

The terms Mint State (MS) and Uncirculated (UNC) are interchangeably used to describe coins showing no trace of wear. Such coins may vary to some degree because of blemishes, toning or slight imperfections as described below. PERFECT UNCIRCULATED (MS-70) Perfectly new condition showing no trace of wear.

What is a good coin grade?

Good (G-4, 6): The general design of the coin will be outlined, but there will be very little detail and some parts may be very weak. Non-collectors will often refer to their coins as being in “Good” condition; a coin grading Good is actually a very worn coin.

Is it worth getting coins graded?

In nearly all situations, key date coins in uncirculated condition are worth having professionally graded; especially if you have multiple coins to submit. This will help to reduce the price that you pay per coin, when factoring in shipping and insurance expenses.

What is the best coin grade?

The Official American Numismatic Association Grading Standards for United States Coins, the essential book on coin grading, describes MS-70 as “The perfect coin.” It goes on to define this grade, stating: “No contact marks are visible under magnification. There are no noticeable hairlines, scuff marks, or defects.”

What criteria determine the grade of a coin?

Poor (PO-1): Barely recognizable.

Fair (FR-2): Rims worn well into the design.

About Good (AG-3): Most of the design of the coin will be outlined,but the rims will generally have worn far enough into the design to obliterate parts of the

What is coin grading and why?

The primary purpose of grading a coin is to determine the coin’s market value. Ascertaining a coin’s value is dependent on how well the coin was struck initially, the coin’s a level of preservation, and how much wear and damage the coin has sustained.

What are the grades of coins?

A “grade” measures a coin’s appearance. There are generally five main components which determine a coin’s grade: strike, surface preservation, luster, coloration and eye appeal. Grading is subjective and even experts can disagree about the grade of a given coin.

How to Grade A coin?

Select a major coin-grading service and go to places such as coin auctions,shows,or your local dealer with coins certified by this service.

This can be an exciting,challenging,and educational activity.

If your grade is higher,examine the coin for minor problems you may have missed the first time.