To get coins graded, you can send them to reputable grading companies such as the Professional Coin Grading Service (PCGS), Numismatic Guaranty Company (NGC), or the American Numismatic Association’s grading service. Each of these organizations has specific submission guidelines and forms available on their websites. Typically, you’ll need to package your coins securely, fill out the necessary paperwork, and pay the grading fees before mailing them in. Always review the latest instructions and requirements from the grading service you choose.
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.
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.
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.
Coins are graded by experts, who look at how much wear is on the coin, and whether is was properly struck when it was made.
Coins that are in brilliant uncirculated condition are almost perfect. Take them to a coin collector to have them graded for free.
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Morgan dollars are graded just like any other coin. Circulated examples are graded by how much wear the coins have. The grades for Mint State coins are determined by how well the coins are struck, mint luster, number an location of contact marks.
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3 Gold coins were struck at the Denver Mint in 1906. Current retail values for the coins graded at MS-62 are: Double Eagle $2,280.00/ Eagle $1,130.00/ Half Eagle $640.00
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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.
One can find coins in MS70 condition from the company Acoin, which cells graded American coins. Another place to purchase such coins is through third-party retailers like Amazon.