It means that on the grading scale of 1 to 70 it received an 8 in condition. This means that the coin is very worn.
VG-8 means "Very Good" and scores an 8 on a scale from 1 being barely recognizable to 70 being absolute perfection. Coins grading VG-8 are usually very worn, but most of the text on the coin is still readable.
About $1200 in VG condition. This is the key coin to the series.
If you mean numismatic VG condition (actually fairly well worn), about $20.If you mean relative to being quite worn, then maybe $35.
If the coin is in a collectible condition and in the grade VG-8 retail list is $225.00
about 4 to 5 dollars US in VG condition
Regardless of mint mark, retail as of 9-7-11 is about $265.00 in the grade of VG-8.
Speed Coin - 1984 VG was released on: USA: 1984
I'm a big coin collector and I'm going to to tell your the value of a 1945 penny in good condition! Good condition could be valued at about $0.05. Vg
Retail for this coin in G-4 to VG-8 is $16.00-$20.00
It stands for "Very Good" and is a numismatic term of art describing the condition of a coin. Confusingly enough, "Very Good" condition is what most people would think of as fairly worn down.
Mint condition, Mint State, & Uncirculated all mean the same thing. Unused, no wear, as in the same condition as from the Mint when the coin was struck.
You should have your coin authenticated by one of the major grading services. Numismedia lists its retail value as of 11/2008 as $610, assuming a condition of VG-8. An F-12 is shown at $900 so it's important to see where in the range it falls, especially if it is a choice coin that could grade at VG-10 or so.