There are many services online offering gold & rare coin sales, currency auctions and heritage coin auctions along with traditional auction room sales, and it is also worth checking with national and state mints that offer regular sales of sets and occasional collection sales.

Getting a valuation on coins for purchase or sale can help to establish it’s value. A part of that valuation process is the coins grade. The coin’s grade is the yardstick to measure its quality. You can measure the grade by using a scale ranged between 0 to 70 which is the highest point grade.



A guide to coin grading:

1.Coins in “Mint State”:
According to Shelby’s grade scale, this is equivalent to a value of 60 to 70. In other words, the coins are blemish free. Majority of the coins of this type are new, shiny, uncirculated with absolutely no signs of wear n tear.

2.Coins which are almost uncirculated:
The point grade for these types of coins varies between 50, 55 or 58. It is very important for the coin collectors to be aware of the locations of the high points in a specific coin. An almost uncirculated coin is separated from the mint state coins by comparing the difference of the light reflected in other parts of the coin to the high points.

3.Fine coins:
Depending on the sharpness of the remaining details on the coins, fine coins can further be classified into FINE (12), VERY FINE (20, 25, 30 AND 35) OR EXTREMELY FINE (40, 45). The designs on the coins are still intact but the coins nevertheless show signs of wear n tear. The mint luster is intact in EXTREMELY FINE coins. Very FINE coins resemble coins which have been in circulation for 1 to 3 years, with their minor features worn down by use.

4.Good coins:
This category can be further sub-divided into Almost GOOD, GOOD and VERY GOOD (12). These coins have been almost completely worn by use. High point details have been worn to nearly smooth and only weak designs can be observed. The VERY GOOD coins show full rims. The mint mark and the date must be visible in case of GOOD coins. The ALMOST GOOD coins are the most worn out ones.

5.Fair coins:
Any coin that can be identified is a FAIR C. Although worn out, they can still be distinguished as belonging to some or the other variety/type of coins.

6.Basal coin:
In this particular variety, the metals of which the coins are made can be distinguished, but the kind of coins cannot be determined.

Current Online Auctions

NEW ZEALAND FLORINS & 6d "SILVER COINS Visit Auction

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Lot of 40 Uncleaned Ancient Roman Coins + Artefacts Visit Auction

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Bonanza coins & notes 180 in folders all the work done Visit Auction

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1987 AUSTRALIA RAM Mint Coin Set - 3 Scarce coins Visit Auction

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