I
believe there is no other subject as difficult to the
collector than grading. This is not surprising, nor
should it be intimidating. Grading a coin requires
practice.
The best way to learn to grade is hands-on experience.
First, purchase one or two grading guides. I recommend
the American Numismatic Association's Grading Guide and
secondly, Photograde. Both books will give you good definitions
and pictures of each grade for each coin. Secondly, visit
your local coin store or a coin convention in your area,
and talk with someone with grading experience. Don't
be afraid to ask how to grade one or two coins but, not
your entire collection. Be sure to tell the dealer you
are trying to learn. Most dealers will be glad to assist
you. Also, look at as many coins graded by independent
grading services as possible. This can be a very effective
learning tool. There are some specific things to keep
in mind when grading a coin. Choose your light source
carefully. A sixty- watt incandescent light, positioned
directly overhead and close to you provides the best
lighting. Florescent back lighting is also an advantage.
Never grade in sunlight.
A good 5x magnifying glass is a must. Bausch & Lomb
makes an excellent glass for around ten dollars. When looking
at the coin, examine the rim first to detect any harsh
nicks or repairs. Next, divide the coin into four or five
parts and look carefully at each section before examining
the coin as a whole. This will allow you to take a more
critical view of the coin. Roll the coin to reflect the
light on the surface. This will help to expose hairlines,
small scratches or help to determine the amount of mint
luster present on the coin.
Remember, the highest points of the coin will receive
wear first. Look closely at these areas comparing them
to one of your grading guides and you're on your way.
We hope this will provide some helpful tools for you as
you begin learning to grade.
Happy Collecting!
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