Importance of Coin Grading

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Once a coin is determined to be authentic, an accurate grade must be arrived at in order to value the piece properly. Minute differences in grade can mean thousands of dollars difference in a coin's market value. This is especially true in Uncirculated or Mint State grades. Other times, a coin might be so rare that the difference between a Very Fine and an Extremely Fine specimen can make a large difference in a coin's value. Consider a coin with fewer than 12 known survivors, 11 of which are in poor condition, but one piece is in Extremely Fine condition. The finest of these coins may bring multiples of the total value for all of the other pieces combined.



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