PCGS Webinar - Coin Grading 101: Introduction to Coin Grading

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  • Опубликовано: 19 сен 2013
  • UPDATE: We've improved the audio quality & visuals in this new Introduction to Coin Grading Series: • Coin Grading 101: Intr...
    PCGS Webinar - Coin Grading 101: Introduction to Coin Grading hosted by Mike Sherman, Director of Education for PCGS. Webinar covers some basic fundamentals of coin grading, including reasons to grade coins, the elements of grading Mint State coins, and the elements of grading Circulated Coins. Hosted on September 20, 2013 in conjunction with the PCGS Collectors Education Program, which is held live at each Long Beach Expo.

Комментарии • 308

  • @kf4mvr
    @kf4mvr 10 лет назад +92

    Kudos to PCGS for offering expert information free of charge to the average collector.

  • @margaretstoner4701
    @margaretstoner4701 4 года назад +32

    Amazing how you KINDLY took your time on each grade to learn us ENTHUSIASTS. MUCH APPRECIATED!❤

    • @lesliehlopez7594
      @lesliehlopez7594 3 года назад +1

      Nothing like knowledge right from a trusted source.Thanks for it

  • @carolynmccormick1425
    @carolynmccormick1425 Год назад +3

    Well.... you guys will really love my collection. Starting at 1887 etc. And in close to the best of condition. Been holding them since the 60's. So many different coins to auction off. So everyone have a great day.

  • @carlbowman3366
    @carlbowman3366 5 лет назад +17

    Thank you for taking the time to make such an informative video. One of the best I've seen and it taught me a lot.

  • @GrandpaCarp
    @GrandpaCarp 3 года назад +9

    Just getting into the hobby; I will listen and watch for now.

  • @domingodeanda233
    @domingodeanda233 3 года назад +9

    June 18-2021, that was pretty damn good, thanks for sharing your knowledge with us

  • @kennethcaine3402
    @kennethcaine3402 3 года назад +8

    Very helpful, right to the point. I was at a coin show years ago and this collector/dealer had one of the most beautiful Morgan dollar I asked to see it, it was graded MS 64 by PCGS, after looking at the coin I asked how do you get to an MS 65, he reached down and pulled out a PCGS MS 65 and there was a difference in the 2 coins the 65 was spectacular. Since then I started trying to learn more about grading UNC coins. Your presentation was very helpful to my education on this subject. Thanks for sharing this information. I would love to come to the school you mentioned but it's a long way from Pensacola Florida and I ain't no spring chicken anymore.

    • @missy6597
      @missy6597 Год назад

      I agree completely, this was so very informative, but like you I’m N Fl, and am not a spring chicken 🐓 anymore myself, plus I can’t afford these stupid gas prices going on these days. Oh goodness Long Beach, that has to be in Cally, oh no, I could never make that trip. But to y’all that do, congratulations and best of luck, happy coin hunting/collecting

    • @djmasturbeat
      @djmasturbeat Год назад

      It's possible the other big grading company holds similar classes, and they are located in Florida. I'm nowhere near either, so must learn from videos and books.

  • @wizardsofwisconsin7400
    @wizardsofwisconsin7400 3 года назад +8

    Thank you for doing this video! A great tool for me when I start determining what my dug coins might be worth!

  • @kelkel3201
    @kelkel3201 8 лет назад +21

    One of the best videos I've ever seen thus far on youtube. Very educational and of importance to me. In fact the methods used in describing grade types and coin observations were very enjoyable. Glad to say when it comes to eye appeal in grading, PCGS shares exactly/ very close to the same perceptions I have as a fairly new collector. It was encouraging and of great interest as to where to add and where to deduct on a grade based on toning and or luster. Please note as a viewer I would love to see a video on detecting cleaning and or polishing and how to spot them carefully and how (details) and maybe even damaged coins fit the scales and where do they stand etc Thank you very much

    • @markdemell8056
      @markdemell8056 2 года назад +1

      Fine lines throughout the coin is one indicator of cleaning and also if there is some blue thin goo that rubs off .

    • @missy6597
      @missy6597 Год назад

      Are you supposed to clean your coins if you think there dirty? I was told not to bc it might be a important piece of the coin, is that right or wrong?

    • @djmasturbeat
      @djmasturbeat Год назад

      @@missy6597 correct, do not clean coins. There might be cases for acetone, or for ancients or other buried coins maybe distilled water can be useful, but not most other dips and solvents (stay away from the many products sold for coins), and wiping is always to be avoided completely.

  • @prophetforprofit1431
    @prophetforprofit1431 2 года назад +3

    First class I'm already a professional.
    Thanks for putting up this video!

  • @jasonking6510
    @jasonking6510 3 года назад +8

    Just submitted 8 coins to pcgs and Hopefully they come back with high marks.😊

    • @aliceaquino9413
      @aliceaquino9413 2 года назад +3

      hello, I have some coins to evaluate. what address did you ship to? Thanks

  • @kathyberger6650
    @kathyberger6650 2 года назад +2

    Thank you for sharing this valuable information! I’d love to learn more about grading coins!

  • @MrSammo1
    @MrSammo1 10 лет назад +7

    Thank you so much for putting out this video.

  • @JamesComstockCages
    @JamesComstockCages 2 года назад +1

    Relaxing to watch. Just like looking at coins.

  • @mikepict9011
    @mikepict9011 4 года назад +1

    I'm new to collecting within a year . And have yet to have a coin professionally graded . Initially I was going to go with NGC because their website, which is much better tbh . But after listening to the coinhelpu guy on RUclips I may be sending my collection to you for both restoration and grading. So two points, get a better website haha and show some love to the coinhelpu guy . He got you at least one customer

  • @capie44
    @capie44 7 лет назад +1

    Thank you Mr. Sherman, et.al.

  • @jrduke45
    @jrduke45 5 лет назад +2

    Cool little class. Thanks pcgs. I appreciate it.

  • @markdemell8056
    @markdemell8056 2 года назад +1

    Thanks for the free education ,it's much appreciated . As for toning ,I only like the the circular toning that looks like a rainbow .

  • @jjh5728
    @jjh5728 2 года назад +1

    Throughly enjoyed this power point seminar free of charge. Thanks from a Gold Member

    • @oldcoincompanyshop834
      @oldcoincompanyshop834 2 года назад

      ruclips.net/video/CqzfoztO4pM/видео.html

    • @oldcoincompanyshop834
      @oldcoincompanyshop834 2 года назад

      ruclips.net/video/CqzfoztO4pM/видео.html

    • @oldcoincompanyshop834
      @oldcoincompanyshop834 2 года назад

      ruclips.net/video/CqzfoztO4pM/видео.html

    • @Yonder27
      @Yonder27 Год назад

      Why would 3 Replies be missing unless perhaps they were removed by the authors.

  • @bill4572
    @bill4572 2 года назад +2

    Very well done most of the coins you showed I had in my collection and most were the same grade I hope to see another webnar

  • @cointuckyderby2275
    @cointuckyderby2275 10 лет назад +6

    Informative.
    I share this with my students.
    Cheers Y'all.

  • @rosemilan6931
    @rosemilan6931 7 месяцев назад

    Thank you for your information and your time.
    PCGS is good company.

  • @garfieldverdine8777
    @garfieldverdine8777 2 года назад +2

    Awesome presntation! The new collector like myself, this is a must see vidio...

  • @michaelmichael9940
    @michaelmichael9940 4 года назад +3

    Awesome video. Very informative and helpful.

  • @bettydoughtery3920
    @bettydoughtery3920 Год назад +1

    Appreciate this webinar, so much

  • @marcelinofranco5989
    @marcelinofranco5989 2 года назад

    Thank the. P. C. G. S,,,for all the information for giving us an opportunity to take advantage,

    • @marcelinofranco5989
      @marcelinofranco5989 2 года назад

      I. Went to the. Convention. Center,,here in. Orlando. Florida,,it was a coin show whit the most beautiful peaces__ antique too but I was looking to have a few coins check for an opinion,,. I did enjoy even if I didn't haved degration on mine, but I. Thankful for the experience,

  • @johnnysalazar1552
    @johnnysalazar1552 3 года назад +4

    This is great this is exactly what i needed
    Thank you

  • @jrphillips01
    @jrphillips01 9 лет назад +10

    Enjoyed this thank you

  • @johnneidhardt6697
    @johnneidhardt6697 10 лет назад +5

    PCGS, in my opinion, is the base value of knowledge in coin collecting. I only collect their graded coins. Thank you for the basic information on grading. worth while watching.

  • @silversouth77
    @silversouth77 10 лет назад +2

    To Richard below; I just attended a grading class put on by NGC at the Whitman Coin Expo in Philadelphia.

  • @johnroche9969
    @johnroche9969 8 лет назад +20

    a properly graded AU58 is a nicer looking coin than MS60 or 61. AU58 is a high end AU coin.
    MS60 or 61 is a seriously flawed bottom of the bag coin.

    • @cindiballer2939
      @cindiballer2939 4 года назад +3

      Interesting set of words -bottom of the bag - like that ! I think I will use it ! Thanks !

  • @MomTheEbayer101
    @MomTheEbayer101 Год назад

    Thank you for this information!!

  • @kathleengoch2346
    @kathleengoch2346 3 года назад

    Thank you for the video,now I k ow more about what to look for and what my coin would be graded when I see them to you.

  • @raydowdy6914
    @raydowdy6914 2 года назад +2

    Thank you for the information. Could you possibly do a more indepth on each coin ? I'm currently learning how to grade from what the red book offers.

  • @TheArchangel911
    @TheArchangel911 2 года назад +1

    My dad has been collecting since 2016. I had no idea just how detailed grading was. Thanks for the educational video.

  • @BAlvn-yr6ej
    @BAlvn-yr6ej 5 лет назад +4

    very well done...thanks for this :)

  • @michellegoodrich5406
    @michellegoodrich5406 2 года назад

    I am so thankful for this information.

  • @coreyfenn8856
    @coreyfenn8856 3 года назад +2

    WOW! Excellent, excellent, excellent! Nothing else to say but, Thank You PCGS!

  • @robertdavis2017
    @robertdavis2017 Год назад

    Thank you, I have learned quite a bit from this video, very well presented.

  • @duaneshriver9175
    @duaneshriver9175 6 лет назад +4

    Thank-you Mike for the webinar. Very well presented. I look foward to the next one. Will you be doing one on mint state and proof coins? Also one about cleaned coins ? Duane Of Reno NV

  • @robertdavis2017
    @robertdavis2017 Год назад

    Excellent presentation been wanting a series like th;is. for a long time.learned quite a lot .. Thanks

  • @peterplague
    @peterplague 10 лет назад +1

    I'd like to see the additional videos of this saga.

  • @matthewurias6598
    @matthewurias6598 3 года назад +1

    Thank you ! That was very helpful ! I'm a subscriber now !

  • @zenaidasolis825
    @zenaidasolis825 Год назад +1

    I am a beginner and started on coins in my closet. It seems I have more than enough to infact sell some of them. Now I am a bit loss, I don't know how to start. Maybe I have to get some ideas from you guys. I have an old coins. Thanks for the information you gave us. I try to understand it.

  • @donaldcarter5043
    @donaldcarter5043 2 года назад +1

    Very informative. Thank you

  • @crystalskidmore2634
    @crystalskidmore2634 2 года назад +2

    I have a Non Mint 1943 steel wheat penny and was wondering what can I do to see the grade of it and how much it is worth in order to sell it.

  • @markdemell8056
    @markdemell8056 2 года назад +1

    I have a 1967 Canada Goose ,I am getting it graded soon ,I am sure now even more that it's a 68 easily !

  • @franknguyen8287
    @franknguyen8287 4 года назад

    Thank you for lessons

  • @johnnysalazar1552
    @johnnysalazar1552 3 года назад

    Thank you for education i just love it

  • @jwt4810
    @jwt4810 10 лет назад +3

    Great Educating Tool. As with everything Knowledge is power. PCGS is an innovator and they continue to be by hosting things such as this webinar.

  • @danielscarbrough3432
    @danielscarbrough3432 2 года назад

    What about LED lighting ? For verities is what I have been using right to see my verities and I really don’t see as good as used to . What wattage are you guys so that I’m not making the mistakes that may occur while I’m trying put together something to send in.?

  • @boonedockjourneyman7979
    @boonedockjourneyman7979 3 года назад +2

    Very interesting. Very useful. Thank you. Please do more. Any topic works for us out here.

  • @mariachinn7136
    @mariachinn7136 3 года назад

    Thank you so much.

  • @Trunks2treasures
    @Trunks2treasures Год назад

    Thank you! So helpful!

  • @cavision3332
    @cavision3332 7 лет назад

    Thank you.

  • @unpopuIaropinion
    @unpopuIaropinion 2 года назад +1

    What happens if part of a coin (say 10% of its face in one spot) is worn, but the other coin is of excellent condition. How are such coins graded?

  • @kloDiA1966
    @kloDiA1966 2 года назад

    شكرا لكم

  • @barrybarney6085
    @barrybarney6085 3 года назад +1

    Thanks for sharing.

  • @thadbell4241
    @thadbell4241 2 года назад

    Glad u shared video. Very educational. Thank you

  • @ronromano5358
    @ronromano5358 2 года назад +1

    i have a 1903 2.50 gold coin and it looks great- prices are all over the chart should it be graded

  • @cliffowens3629
    @cliffowens3629 Год назад +2

    I suppose the most asked question is if someone finds a rare coin like a 43D copper how does that individual safely get it authenticated and graded and not be told " it didn't arrive in the mail. "

  • @dennisgareau7259
    @dennisgareau7259 3 года назад

    Great Intro to coin Grading

  • @dastiles1
    @dastiles1 4 года назад

    Very nice video. Thank you.

  • @gerlandkent6377
    @gerlandkent6377 Год назад

    thank, you for you're video

  • @user-qt1qw1dy5b
    @user-qt1qw1dy5b 19 дней назад

    Thank you for the informative video.

  • @mjmj6792
    @mjmj6792 2 года назад +1

    Hi thank you so much for your perfect description. After I watched this video I made up my mind to grade couple of my coins that I had for years.
    So after trying to order the system kinda bided me with a contact because I didn’t know that I could grade my coins with signing up to pay for account. I don’t have any other use only to grade couple of my coins.
    But now after I signed up and try to order the service I am kinda being charged full price……
    Am confused and your system is very confusing.
    When I signed up I paid for 4 coins to be graded.
    But now I can grade 1 of them yet it’s like the money I paid was just some kinda free money.
    ???????

  • @TomTheEnglishPicker
    @TomTheEnglishPicker 10 лет назад

    Great video

  • @ogenevieve
    @ogenevieve 2 года назад

    Idk if it went through but I accidentally hit the👎symbol. I do enjoy the show. Sincerely, G

  • @CountMeOut33
    @CountMeOut33 Год назад

    Thank you

  • @keith9389
    @keith9389 2 года назад

    Wonderful thank you

  • @lydiaporras7019
    @lydiaporras7019 2 года назад +1

    Thank you for all the information. I need to sell some of my old coins I been collecting. Have also foreign coins.

  • @EsthetiqueAutoMTL
    @EsthetiqueAutoMTL 4 года назад

    Ok so that is all for circulated coins. What about bullions that you buy from Kitco or Apmex? How would you grade those, and can it make a difference? I am guessing all these coins are in perfect condition when you buy them, but they are not considered numismatic coins... can you give me some pointers on that?

  • @MercuryMark
    @MercuryMark 9 лет назад +1

    PCGS Webinar - Coin Grading 101: Introduction to Coin Grading

  • @floflocraftcorner3552
    @floflocraftcorner3552 2 года назад

    Amazing learned a lot

  • @blcscott7897
    @blcscott7897 2 года назад

    Thanks for this video

  • @djmasturbeat
    @djmasturbeat Год назад

    So, in regards to luster, proofs or proof-like strikes, will often be absent great shows of luster, flow lines, and cartwheeling, whereas in these cases we opt to prefer for cameo? Is this correct? (There's a gag in here somewhere about two sides of the same coin... but of course it wouldn't be the same one, maybe only high end ms business strike and its proof counterpart).

  • @arlanreber6717
    @arlanreber6717 4 года назад

    I have a 1942 no mint mark penny that has missing letters on the back side. It says UNITED STATES of RICA. They haven’t been rubbed off or altered in any way. They’re just not there. The color and patina verifies that. Any info you may have on something like this would be much appreciated. The AME in AMERICA are just on permanent vacation

  • @LouisGedo
    @LouisGedo 10 лет назад +2

    Thank you for posting this very informative video!

  • @SacagaweaCoin
    @SacagaweaCoin Год назад

    Wow you posted 9 years ago I posted my videos of the the Sacagawea I brought to your booth in Long Beach in 2000 in 2014 on

  • @claudiadelgado3670
    @claudiadelgado3670 7 лет назад

    in Dallas where is a place like this to grade my coin

  • @jamesheinzle8917
    @jamesheinzle8917 2 года назад

    What should I do with a bronze/copper planchet 1943 wheat penny

  • @shark70007000
    @shark70007000 3 года назад +1

    So, my PCGS MS70 First Day of Issue 2021 Silver Eagle, is allowed to have 3 scuffs on it? I have other Silver Eagles with maybe 3 scuffs, but not even graded. I don't remember hearing you mention the MS69 here.

    • @soxtalkstudiosautomatedcha9183
      @soxtalkstudiosautomatedcha9183 2 года назад +1

      He didn’t mention MS79 because it doesn’t exist

    • @shark70007000
      @shark70007000 2 года назад +1

      @@soxtalkstudiosautomatedcha9183 yeah, I know. I can't type like I used to, since my thumb surgery. I meant MS69. I'll fix it.
      There, I fixed it.
      But really, most people would have understood what I meant.

  • @lotuspod17axemaster93
    @lotuspod17axemaster93 6 месяцев назад

    I like green and reds , thank you for this information

  • @coincollectingfun
    @coincollectingfun Год назад

    Big like number 4.9K+!

  • @QuaaludeCharlie
    @QuaaludeCharlie 3 года назад +1

    I Love to Buy at a Good 4 or 6 , Your getting the 90 Percent Silver and some History you can see on the Coin , anything Better is Great , But you want Quantity for your Currency , Thank you for this Video :) QC

  •  4 года назад

    I am really confused. I have some circulated coins that, compared with the examples shown, could be graded as MSXX, but you say that MS... is only for uncirculated? Did I understand well? There are coins well conserved and seem as if uncirculated, how to distinguish circulated from uncirculated if you also say in some slide that scratches don't necessarily preclude circulation? I will share with you some pics in the next lines, please, help me to understand this. Because in the middle of all this there are variants and coinage mistakes. And, if I get a coin from the minting house I know immediately that has to be graded around MSs, but, if Ia get a coin from the bank and it has some quality close to MS but is in circulation, what can I do? I think there is no clear international parameter to distinguish and guide about the decision of which criterion take.
    I have some coins (circulated) that obverse could be graded in one category and the reverse with another, which is the criterion to grade the full coin? Because it is natural that wear is not even. Is there some sort of average approach?
    About the Eye appearance... the concept is too vague, I think, and very subjective. Maybe not at the moment to grade a coin, but to value it. I know some collectors prefer and value more those coins which "poor appeal" gives them character, personality if we could say that and tells not only the history of its coinage but also the circumstances in which was used, found, etc., making it attractive not only to eyes but to mind. And what about singularities caused by coinage failures?
    I think this confusing way to graduate is partly the cause and effect of many collectors chasing "the perfect currency" and resorting awkwardly to cleaning or polishing the pieces. I clean my coins because I dislike seeing them dirty, but I do it in a way that does not affect the patina, the brightness and, instead, the part of dirt that can reduce visibility to areas of the engraving is detached. I never look to polish them or use aggressive methods for metal and printed art. In addition, since coins, with new diseases, can become the focus of infection, I prefer to prevent rather than regret. And then here and in this, I find a serious contradiction of collecting that, on the one hand, invites to keep the pieces as they have been acquired, with all the imperfections; and, on the other, those that seem unpolluted are valued more. The circulated coins should not be the norm, but the circulated ones should establish the norm at least meanwhile effective money is the rule. Well, the same thing happens with bills and stamps. The latter, from a few decades to the present, are worth more if they are new than if they are used and, in times when the email has cleared the traditional mail, the used stamps are more rare than the unused ones.
    Just take a look at this and help me to understand:
    photos.app.goo.gl/xqQf4vrMSnTsj3hB8
    photos.app.goo.gl/ms7MNFUdK4sTkn3i9
    photos.app.goo.gl/BjFj2epfnbE8KW4E7
    photos.app.goo.gl/T6htREnPVFDREUe78
    photos.app.goo.gl/uMMPeHKMHt4NFnJHA
    photos.app.goo.gl/N1uYGMw3sSR7zWrg6
    photos.app.goo.gl/f8rNoeqrXykkHYZp6
    photos.app.goo.gl/UqogyQ5aVAUSyw5v8
    photos.app.goo.gl/VaofS4bf6xvcFCBN7

  • @abdulfatahu5700
    @abdulfatahu5700 2 года назад +1

    Yes

  • @4wchitstands
    @4wchitstands 2 года назад

    I found a type c 64 D quarter, thanks for the info

  • @lionheart93
    @lionheart93 3 года назад

    should I look into us minted coins or European?

  • @leslietooley642
    @leslietooley642 Год назад

    Hello, my name is Leslie too let and what should I do if I have coins that I know a worth something because of rarity in error but don't have the resources to get them looked at and graded properly? I love collection of rarity coins and have been into it for a little, but I think I hit a honey hole of coins last summer so I'm needing direction in the right way so I can get them sold or traded to a good home.

  • @delysid111
    @delysid111 3 года назад

    I have them polish the coins with my thumb and finger . The point of a coin is to hold it in your hand . not lock it away in a vault . direct contact :)

  • @Mrbooboo1972
    @Mrbooboo1972 2 года назад

    Subbed. Happy Thanksgiving P.C.G.S.

  • @ericvacabal5027
    @ericvacabal5027 Год назад

    THUMBS UP TO YOU SIR,GIVING AN INFO OF NO CHARGE THANKS,AND MORE POWER TO YOU ,I LEARNED A LOT COZ IM JUT A NEWBIE,ONCE AGAIN GOOD AM AND THANK YOU VERY MUCH.

  • @johnmorgan1483
    @johnmorgan1483 Год назад

    Very interesting and education too.

  • @lunamoonhare2578
    @lunamoonhare2578 2 года назад

    What does one do to receive a grading for a ancient coin?

  • @chaunguyen3089
    @chaunguyen3089 4 года назад

    Great!

  • @johnmorgan9731
    @johnmorgan9731 Год назад

    Coin grading is subjective. Especially in the eye appeal category, such as the toning.

  • @donniegoodman8679
    @donniegoodman8679 3 года назад

    What would I have to do to sneak a cleaned coin past PCGS

  • @josecaipa4365
    @josecaipa4365 3 года назад

    Gracias I’ve two coins one cent struck with a dime 1996 printed backwards on the back on the cent and the back of the dime in front of the cent the other coin is from Italy it’s about the size of a dime front has writing MAXIMILIANO left side in the middle shows right side of his face in full detail hair and beard then on the right EMPERARADOR on the back RECUERDO in the middle an Eagle with a crown MATRIMONIAL. Are this coins have any value?

  • @jewnersey7413
    @jewnersey7413 11 месяцев назад

    So I’m curious if die cracks or other mint errors effect the grade?