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How are us coins graded?

Updated: 9/22/2023
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10y ago

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US Coins are usually graded on the Sheldon scale. The Sheldon scale grades coins from 1-70. A coin graded 1 is very, very, poor and is basically only identifyable by the size of the coin. A coin graded 70 is perfect with no defects at all. Most coins grade somewhere in between the two extremes.

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Q: How are us coins graded?
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How do you determine quality Morgan silver dollars?

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What are grades of Morgan silver dollar?

All US Coins are graded on the same numerical scale numbering from 1 (lowest grade) to number 70 (highest grade). In theory a coin graded 1 would be the worst possible example of that coin and a coin graded 70 would be a perfect coin. In reality coins are graded on a scale generally as such from lowest to highest. G-4, VG-8, F-12, VF-20, EF-40, AU-50, MS-60, MS-63, MS-65 There are many other grades between these numbers as there is no "forbidden" or "allowed" numerical grade as long as it is between 1 and 70. I suggest buying the Red Book of US Coins for a better explanation of grading.