Coin Grading | The Royal Mint (2024)

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We understand that there are many considerations when grading a coin, and here at The Royal Mint we use the British descriptive coin grading scale. The grading evaluates certain factors such as sharpness, effigy definition, and general wear and tear, which ascertains the coin’s condition – ‘Fine’, ‘Very Fine’, ‘Extremely Fine’ and ‘Uncirculated’ – and helps determine the coin’s value and demand.

British Coin Grading

We use the British grading system to help describe the quality of a coin using descriptive terms like ‘Very Fine’ or ‘Uncirculated’. This grading system is slightly different from the Sheldon Scale which uses a numerical scale to define quality.

Further Your Knowledge

By fully understanding the coin-grading system and knowing how to store and properly care for your coins, you can increase the value of your historic collection and ensure it is in the best possible condition to pass to future generations.


Test Your
Grading Skills
Beginners Guide to Coin Collecting

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Coin Grading | The Royal Mint (5)

Coin Grading | The Royal Mint (6)

© The Royal Mint Limited. The Royal Mint Limited whose registered office is at Llantrisant, Pontyclun, CF72 8YT, United Kingdom (registered in England and Wales No. 06964873).

Coin Grading | The Royal Mint (2024)

FAQs

What is the best coin grading company? ›

American Numismatic Association Certification Service (ANACS) 1979, Professional Coin Grading Service (PCGS) 1986, Numismatic Guaranty Corporation (NGC) 1987, and Independent Coin Graders (ICG) 1998, are the most popular and well-known services. Together they have certified over 100 million coins.

Is my coin worth getting graded? ›

Not All Coins Are Worth Grading

The short answer is that is just depends on what your coin is currently worth and what it would be worth once graded. Our advice is to only get coins graded if you think the cost of grading is less than how much extra value grading will add to the coin.

How to get coins graded for free? ›

When you visit the Photograde section of the PCGS site, you select the category and series of your coin. PCGS provides obverse and reverse images of your coin in all grades. Photograde is free, and does not require a PCGS membership.

How much value does grading add to a coin? ›

In the United States, coins are graded based on what is referred to as the Sheldon Coin Grading scale. This is a 1 to 70-point grading scale that was developed by William Sheldon in 1949. The basic idea here is that a coin with a rating of 70 would be worth 70 times as much as a coin with a rating of 1.

Which coin grading is better, NGC or PCGS? ›

Just as there are some collectors who simply prefer coins certified by NGC, there are some who are more partial towards PCGS. Today, PCGS is trusted as one of the world's most reliable coin grading services. This reflects their original mission to bring a level of consistency to grading that could be guaranteed.

How much does it cost to have a coin professionally graded? ›

Menu
Service Tier (Maximum Coin Value)Grading FeeReholder Fee
Walkthrough (coin value up to $125,000)$110$50
Express (coin value up to $10,000)$45$25
Standard (coin value up to $3,000)$35$10
Gold (select $5, $10 & $20 gold coins; value up to $3,000)$28$10
4 more rows

How long does it take PCGS to grade a coin? ›

Estimated Submission Turnaround Time
ServiceEstimated Turnaround Time
Express20 business days
Regular50 business days
Economy60 business days
Modern60 business days
1 more row

What does PCGS charge for grading a coin? ›

2024 PCGS Collector Services & Fees
SERVICE LEVELPRICE
ECONOMY (Non-Gold, Non-Hammered) *World patterns and Chinese portrait/dragon/fantasy dollars must be submitted at the Regular Service Level or higher.$23
MODERN (1965 to date)$30
MODERN VALUE (1965 to date)$17
MINT ERRORS$70
19 more rows
Jan 1, 2024

Is NGC coin grading legit? ›

NGC has certified over 50 million coins. NGC certification offers significant protection against counterfeiting, misattribution, overgrading, and damage, but does not necessarily determine exact value. Even within the same grade, coins can have widely differing values.

Is there a free app to scan coins for value? ›

Is There a Free App to Scan Coins for Value? Yes, It's Coinoscope!

What is the best website for coin values for free? ›

These websites have comprehensive coin price guides and easy to use search tools to help you identify and get the value of your coins.
  1. Coin Value Checker. ...
  2. PCGS CoinFacts. ...
  3. NGC Coin Price Guide. ...
  4. Coin Value Lookup. ...
  5. The Coin Dealer Newsletter (CDN) Greysheet. ...
  6. Numista Coin Price Estimator. ...
  7. Coin Value Finder. ...
  8. PCGS Photograde Online.
Jan 18, 2024

Is it worth getting error coins graded? ›

Does Coin Grading Increase the Value of the Coin? It can, but there is no guarantee that getting a coin graded will increase its value. One upfront benefit is that the coin will be examined for authenticity.

Are coin grading apps accurate? ›

PCGS claims they're the industry standard for grading and valuing coins. One of their most popular is “CoinFacts.” The app is 100% free and provides accurate, up-to-date information on the pricing and value of different coins.

What are the rules for coin grading? ›

A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been developed. Certification services professionally grade coins for tiered fees.

What is the most reliable grading company? ›

When it comes to sports card grading, Professional Sports Authenticator (PSA) is often the first name that comes to mind for collectors and investors. Since its founding in 1991, PSA has risen to the forefront of the sports card grading industry, setting benchmarks for quality, reliability, and integrity.

What is the highest quality coin grade? ›

The lowest uncirculated, numismatic grade is MS-60 (MS is short for “Mint State”), with the highest being MS-70, or a perfect coin.

What is the best grading company for money? ›

The Collector's Choice for Banknote Grading

For collectors of banknotes, PMG provides an accurate, consistent and impartial assessment of authenticity and grade, backed by the comprehensive PMG Guarantee, which protects buyers and sellers.

Is PSA and PCGS the same company? ›

Current participating companies include two subsidiaries of Collectors Universe, Professional Sports Authenticator (PSA) and Professional Coin Grading Service (PCGS).

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