Coin Collecting | Coin Collectors Dream



Even Coins Get Grades


Coin grading is the process of attempting to determine a coins value. It provides a basis for both buyers and sellers when deciding on the quality of a coin and it’s market value.

When people first started collecting and grading coins, they were divided into two groups or grades. Coins were either new or used. But after awhile those grades were much too broad. Something a little more defining had to be used.

Even though the grading system today is much more sophisticated, it’s still based on human interpretation.

If you submit the same coin to 2 different grading services, you may get 2 different grades. Sometimes even the same service will give a coin a different grade if it’s submitted more than once.

This has been taken advantage of by coin sellers trying to get a higher grade for a coin so they can put a higher price tag on it.

One company had the idea to use computers to grade coins. But the computers showed less consistency than human graders did.

Coin grading is a continually evolving process. As more and more people start collecting and more coins are passed around, the grading system grows. More distinctions are made and more categories are created.

So even though the grading system is a good basis for determining the value of collectable coins, it’s not something to be believed and followed blindly.

The best thing for any new collector is to learn some basic coin grading on their own.

Articles compliments of skaDoogle


Coins For Sale
Browse Our Information Mall

Other Interesting Articles

Guide For Rare Coin Collectors

Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving “heaven and earth”... [Read more]

Coin Buying 101

There are various sources where those “special coins” can be purchased. The following are the basic methods and starting places to obtain the coin(s) you have long wa... [Read more]

Have Coins? Will Collect!

Old coins that is. Try looking under that old dresser, or up the attic where grandma or grandpa’s things may be stashed away patiently waiting for you to discover them. Who knows, you might find a coin there, an old coin that – at today’s rate - may be worth a few dollars; probably three or four or five, even ten times what the coin was worth back ... [Read more]

Software For Coin Collecting: The Smarter Way To Collect Coins

It is a common coin collecting problem: too many coins, not enough information on what kinds of coins to collect, or a disorganized group of collecti... [Read more]

Is It Safe To Sell Coins To A Dealer?

Coin collecting can be a lot of fun. This hobby which dates back to 2500 BC is much larger now since people are now able to collect currencies from other count... [Read more]

 Watch Videos on "Collecting"

Error: It's not possible to reach 'http://news.google.com/news?hl=en&ned=us&q=Coins&ie=UTF-8&output=rss' RSS file...