Just what the heck is all this chatter Iv’e been hearing and reading about Numismatic Coins?
This blog post might clear the whole thing up a little.
If you like my blog post and are interested in knowing more about collecting Modern Issue Numismatic Coins, I encourage you to contact me directly. I will post my personal contact information at the end of this post.
MS-68, MS-69 or MS-70 are numbers you will find on graded coins.
All graded coins have been graded by whats called the Sheldon Grading Scale. This grading scale was first developed by Dr. William H. Sheldon in 1949. His book Early American Cent’s describes a grading system from 1 up to 70. Although it was originally used only for cent’s, it has since been incorperated to encompass all modern coins.
A 1 on the Sheldon Grading Scale is a very poor quality coin, you can barely tell it’s a coin at all. A 70 is a numismatically perfect coin. A 1 through 50 on the scale deals with mainly circulated coins. Or currency WITH WEAR ON IT.
60 to 70 on the Sheldon Grading Scale is for uncirculated coins. That means coins that have not been handled or used by anyone.
The American Numismatic Association uses the Sheldon Grading Scale. There are three top tier grading companies:
1. ANACS–American Numismatic Association Certification Service
2. PCGS–Professional Coin Grading Service
3. NGC–Numismatic Guaranty Corporation
These are the 3 major grading companies used worldwide for grading. If you ever want one or more coins graded for perfection, I recommend using one or more of these companies.
The Nusismatic Industry is a 100 BILLION Dollar a year industry! That means 10 or 11 Million Dollars an hour !!
There is a way for you to enjoy this fun hobby of collecting MS-70 gold and silver numismatic coin assets and also making extra money in your spare time. How many times have you seen commercials buying gold and silver?
I wonder why this is?
I hope this short description of the Numismatic Coin Grading System has help you. Remember Coins are Cool and who knows? You might just like it and get rich in the process!
If this resonates with you…
WalterShare on Facebook