The most expeditious way to get a coin graded is to locate a coin shop nearby - present the coin to the owner for grading. If he/she is uncomfortable to do so, he/she will refer you to a numismatist (experienced coin collector).
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.
To get that specific of a grade on a coin, it would need to be professionally graded though a service like PGCS, though a coin dealer in a shop could give an approximate grade.
If you are or are thinking about becoming a serious coin collector it is important that you understanding the grading system. If you want a silver dollar graded by a professional, then it can cost you approximately 112 dollars.
This is a third party grading service. They will grade your coins for a charge depending on when and how many you submit to be graded. Once they have graded them they will most likely put them in a case. These are then refereed as "slabs". See below for the ANACS homepage.
Uncirculated, or Mint State, coins are graded from MS60 (typical uncirculated) to MS70 (perfect). A MS66 coin may have noticeable, but very minor defects, be well-struck, have above average luster and eye appeal.
SIMPLE ANSWER: Circulated coins are graded by how much wear the coin shows. Mint State coins are graded by how well the coin is stuck.
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.
In a case like this, it really helps to identify who graded the coin, if the coin came with a "certificate of authenticity" it raises red flags for a coin collector because it sounds like you bought the coin off of TV or by a shady dealer. If the coin was graded by a reputable dealer like PCGS or NCG, you might have a coin worth about $50 or so. If your coin was self-graded by the dealer or graded by a no-name grading company, you might only have a coin worth a bit more than melt because those tend to overgrade, and you might only have an AU coin, not a MS coin. Without knowing who graded it or seeing it in hand, it is hard to tell what exactly it is worth.
A slabbed coin is a coin that was graded by a grading service. There are many grading services out there. You can use google to find some of them. Having a coin graded can give you the exact value and therefore is easier to determine its value.
It depends on what type of coin, year struck, how many have been certified and who graded it. Just because a coin has been graded as a perfect Proof or Mint State example does not mean one type is more valuable than the other.
Raw refers to a coin that isn't sold in a case. Higher end coins are usually encapsulated and graded by a coin grading company such as PGS. A raw coin however isn't. Some people may try to assign numeric grades to a raw coin, however until it is graded by a reputable grading company, that number is only a rough estimate and most likely is going to be different than the coin if graded by a grading company.
PR is used in terms of grading coins to designate that the coin is proof. For example, a perfect proof coin would be graded as PR-70. A nearly perfect proof coin might be graded PR-68 or PR-69, etc.
Simple answer: All coins are graded by the same scale. Circulated coins by how much wear the coin has. Uncirculated coins by how well the coins are struck.
Coin USA specializes in rare and unique currency from the United States. They can grade a coin and put a value on what it is worth. Coins graded the highest are worth the most.
depends on how the coin is graded....first you need to ensure its authentic...second you need to take it to a reputable coin dealer or one of the many third party coin grading services for grading....such as PCGS or ANAC.....then an accurate assessment of the value of the coin can be made..a proof coin can be worth $3k or more while a mint state graded coin can be worth $250 or more.....again..all depending on the grade given the coin
Most coins of this date show very heavy wear and are valued at $25.00-$50.00 depending on the grade of the coin. Values do go up for the higher graded circulated coins. I suggest having it graded for a better idea of value.
To get that specific of a grade on a coin, it would need to be professionally graded though a service like PGCS, though a coin dealer in a shop could give an approximate grade.