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What does raw grade mean in coins?

Updated: 9/19/2023
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13y ago

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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.

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