Fine-F $.15 , Very Fine-VF $.25 ,Extremely Fine-EF $.30 ,Mint-M $4.00 According to the 1995 guide book of United States Coins.
about good, good, very good, fine, very fine, and extra fine.
F value is for coins in fine condition.
Fine F-12 Some deeply recessed areas with detail, all lettering sharp Fine F-15 Slightly more detail in the recessed areas, all lettering sharp
I don't know if you want to know how to grade, or the scale, so I'll give you the scale. 1:Poor (Poor-1 or BS-1) 2:Fair (Fair-2) 3:About Good (AG-3) 4-6:Good(G-4,5,6) 7-10:Very Good(usually VG-7,8, or 10) 11-19:Fine(usually F-12, or 15) 20-39:Very Fine(usually VF-20,25,30, or 35) 40-49:Extremely Fine(EF-40, and 45 or XF-40, and 45) 50-59:About Uncirculated(usually AU-50,53,55, or 58) 60-70:Uncirculated(different levels)
Coins are graded on a scale of 1 to 70. 1 being in horrible condition and 70 being completely uncirculated with absolutely no scratches. The grading terms are: G4( the G means good and the 4 is the condition from 1 to 70) VG8( VG=Very good) F12( F=fine) VF20(VF=very fine) XF40( XF=extremely fine) AU50( AU=about uncirculated) AU53 AU55 AU58 MS60( MS=Mint state) MS61-70
Very fine condition
"VF" stands for Very Fine in coin grading. Coins in VF condition typically show moderate wear on the high points of the design, but the overall details are still fairly sharp and distinct.
EF refers to the condition or grading of the coin, it means "Extremely Fine". An "Extremely Fine" coin should show some slight signs of wear that are barely noticeable to the naked, unassisted eye.
The value of this coin is based on circulation condition. Coins in fine condition are valued at $5. Coins in very fine condition are valued at $10. Coins in extremely fine condition are valued at $30. Uncirculated coins are valued at $50.00
EF refers to the condition or grading of the coin, it means "Extremely Fine". An "Extremely Fine" coin should show some slight signs of wear that are barely noticeable to the naked, unassisted eye.
"EF40" combines an acronym for "extremely fine" with a number grade of "40" from the Sheldon grading scale.
An 1800 Indian head penny is worth about $60 in good condition, $250 in fine condition, and $1,435 if it is extremely fine. Uncirculated coins are extremely rare.
Fine grading with a road grader.
Almost Uncirculated condition grade better than Extremely Fine not as good as Uncirculated EF > AU > Unc
The term uncirculated can be misleading. It doesn't refer to a coin that was specially struck, it refers to the condition of the coin. To state it simply any coin that does not have excess wear is considered uncirculated. The grading scale goes from P-1 (poor), fr-2 (fair), ag-3 (about good), g-4 (good), vg-8 (very good), f-12 (fine), vf-20 (very fine), vf-30 (good very fine), ef-40 (extremely fine), xf-45 (choice extremely fine), au-50 (about uncirculated), au-55 (good about uncirculated), MS 60 and above are uncirculated (mint state) this is called the Sheldon scale and it goes to MS-70 which is a perfect coin no blemishes and very few coins even those straight from the mint grade this high..... There are grading companies that will grade a coin at a higher grade...beware. The top grading companies are P.C.G.S. N.G.C. A.N.A.C.S. I.C.G. on top of that there are price guides at several places.....pcgs typically are retail (higher then market prices) and ngc that typically are closer to what coins are selling for on todays markets. Of the 4 companies ICG charges the least to grade your coins...pcgs usually the most expensive(but they are considered #1 by most collectors) Welcome to the world of coins.
These coins retail for $75 to $100 in extremely fine to uncirculated condition. There's a picture at the link to the right.