How to Get a Coin Graded: A Complete Guide for Collectors

Ever wondered what your grandfather’s coin collection is worth? Inherited old coins but not sure of their value? Or maybe you’re just starting your journey in numismatics? Coin grading is the key to understanding the true value and authenticity of your coins.

In this guide, you’ll learn what coin grading is, why it matters, how grading scales work, and which professional coin grading services (PCGS, NGC, and CACG) you can trust.

Q: What Is Coin Grading and Why Does It Matter?

A: Coin grading is the process of evaluating a coin’s condition and authenticity. A certified grade confirms a coin is genuine and assigns it a numeric value that collectors and dealers recognize worldwide.

Even small grading differences can mean huge price changes. For example, a Morgan Silver Dollar graded MS-65 can be worth several times more than the same coin graded AU-58.

Q: Why Should You Grade Your Coins?

A: Professional coin grading protects you from counterfeits and ensures fair pricing. Certified grading:

• Authenticates your coin.

• Assigns a recognized grade using the Sheldon Scale.

• Boosts resale value by giving buyers confidence.

Without grading, rare coins are often undervalued or distrusted in the marketplace.

Q: How Are Coins Graded?

A: The Sheldon Coin Grading Scale

Developed in 1949, the Sheldon Scale is a 70-point system ranking coins from Poor (P-1) to Perfect Mint State (MS-70).

• Mint State (MS-60 to MS-70): Uncirculated, no wear.

• About Uncirculated (AU-50 to AU-58): Light wear, strong details.

• Extremely Fine (XF): Slight wear, most details visible.

• Very Fine (VF): Moderate wear, design visible.

• Good (G): Heavily worn, but identifiable.

ANA Coin Grading Standards

A: The American Numismatic Association (ANA) uses the same Sheldon Scale but adds detailed grade descriptions to ensure consistent grading across the industry.

Q: Proof Coins vs. Mint State Coins: What’s the Difference?

• Proof coins are specially struck for collectors using polished dies, giving them mirror-like surfaces and sharp details.

• Mint State coins are uncirculated coins preserved from circulation, but struck for everyday use.

Both can be graded, but Proofs often appeal to collectors for their visual beauty.

Q: What Are the Most Trusted Coin Grading Services?

A: The three most recognized professional coin grading services are:

• PCGS (Professional Coin Grading Service): One of the most respected names in coin authentication.

• NGC (Numismatic Guaranty Company): Trusted worldwide for consistent, reliable grading.

• CAC (Certified Acceptance Corporation): Known for its green sticker program, CAC began offering full grading and encapsulation in 2023.

All three ensure your coins are authenticated, graded, and sealed in secure holders accepted by dealers and collectors worldwide.

Q: Can You Grade Coins Yourself at Home?

A: You can estimate grades using tools like PCGS Photograde or NGC Coin Explorer, which let you compare your coins to reference images.

But only professional grades from PCGS, NGC, or CACG are official and accepted in the marketplace. Home grading is useful for learning, but it doesn’t carry the same credibility or value.

Q: How Do You Submit a Coin for Professional Grading?

A: Here’s the step-by-step process:

1. Identify your coin.

2. Choose a grading service (PCGS, NGC, or CACG).

3. Fill out the online submission form.

4. Package and ship your coin securely.

5. Wait for grading, encapsulation, and insured return shipping.

Q: How Does Coin Grading Affect Market Value?

A: Coin grading directly impacts price. For example:

• A coin graded MS-65 can sell for several times more than the same coin graded AU-50.

• Professionally graded coins are easier to sell because buyers have confidence in their authenticity.

This is why grading is essential if you plan to sell or insure your coins.

Common Coin Grading Terms Every Collector Should Know

• MS (Mint State): Uncirculated, no wear.

• AU (About Uncirculated): Minimal wear on high points.

• XF (Extremely Fine): Light wear, sharp detail.

• VF (Very Fine): Moderate wear, design visible.

• G (Good): Heavy wear, still identifiable.

These grading terms will help you understand coin listings, auction catalogs, and price guides.

Tips and Warnings for Coin Collectors

• Never clean your coins. Cleaning reduces grade and value. Collectors prefer natural surfaces.

• Rely on professional grading. Only certified coins from PCGS, NGC, or CACG carry strong resale value.

• Graded coins sell for premiums. Dealers, auctions, and online buyers are willing to pay more for certified coins.

Final Thoughts: Why Coin Grading Is Essential

Getting your coins professionally graded is one of the best ways to protect their value, prove authenticity, and prepare them for the marketplace.

Whether you choose PCGS, NGC, or CACG, grading gives peace of mind to both collectors and investors while maximizing your coin’s potential value.

Want to stay informed? Subscribe to the Blanchard Newsletter for expert tips, rare coin insights, and the latest news in the world of precious metals and collectibles.