Coin grading is the process of determining the state of preservation and general wear of a coin as well as to establishing the market value of the coin. In the United States coins are graded by a number of commercial bodies made up of experts and are then encapsulated in plastic holders. As recently as a
few decades ago the coin market was limited to a small group of collectors. The pricing system at that time was much more elementary than today. The shift in emphasis from collecting to investing has created new markets and demands for coins, resulting in more stringent and comprehensive grading methods. Coin grading was introduced mainly due to the inconsistency in prices and the need to standardize.
Over grading of coins by dishonest or unqualified dealers remains a dilemma. Extreme caution is advised for anyone considering an investment in rare coins. Seek professional non-biased help with grading determinations. Standard grading methods are used by grading services ensuring an accurate and fair assessment. The authenticity of coins regarding their general condition can readily be determined. Adjustments in dates, mint marks, alterations, and even coins that had been cleaned in the distant past can easily be detected. They also assist in detecting small flaws in coins which can have a major effect on the value of that coin.
Be aware to check the credibility of the grading service. They should be consistent and accurate, following the strict guidelines as set out by the American Numismatic Association.
Benefits of encapsulating coins:
Counterfeits are virtually eliminated.
Coins are priced accurately and fairly.
Coins are sealed in airtight plastic capsules preventing environmental damage.
Ensures authenticity.
Tamper proof.
The quality of the coin is guaranteed.
Provide unique identification.
Cased in chemically inert plastic capsules.
The only disadvantage is that it removes the joy of ever being able to handle the coin.
Over grading of coins by dishonest or unqualified dealers remains a dilemma. Extreme caution is advised for anyone considering an investment in rare coins. Seek professional non-biased help with grading determinations. Standard grading methods are used by grading services ensuring an accurate and fair assessment. The authenticity of coins regarding their general condition can readily be determined. Adjustments in dates, mint marks, alterations, and even coins that had been cleaned in the distant past can easily be detected. They also assist in detecting small flaws in coins which can have a major effect on the value of that coin.
Be aware to check the credibility of the grading service. They should be consistent and accurate, following the strict guidelines as set out by the American Numismatic Association.
Benefits of encapsulating coins:
Counterfeits are virtually eliminated.
Coins are priced accurately and fairly.
Coins are sealed in airtight plastic capsules preventing environmental damage.
Ensures authenticity.
Tamper proof.
The quality of the coin is guaranteed.
Provide unique identification.
Cased in chemically inert plastic capsules.
The only disadvantage is that it removes the joy of ever being able to handle the coin.
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