Grading & British Imperial Coinage
SwK
Posts: 378
Grading & British Imperial Coinage
Smile, just another name for English Coinage. This short article deals with Rarity, value and condition and the matrix of price. The British grading system is a matrix of 12 degrees of rarity and 7 degrees of grade. This matrix has the effect of Rarity being affected by grade. Yes there is a multitude of different options. This was shown in the 1973 book Cope & Raynor English Milled Coinage
US grading I have made no headway to get a clear picture of the MS system of grading in the US. I have posted many questions and had few answers. I tried on a simple area to understand the 10 grades of UNC, no answer except one mat assume a PROOF 100% with no marks and perfect fields will be classified as MS70 being the highest grade. I cannot understand and no clear picture has emerged for MS60 to MS69 inclusive.
The result of the two grading systems is that in the European market a lot of the grading is left in the hands of the collectors and dealers, knowledge across a far wider range of material is demanded from Roman, Hammered and early Milled were as USA coins are mainly from 1780’s to date all milled except for some colonial but very few.
Is there one way to grade, the answer is no, protection however is flawed with both systems. The best given is the US way to a market the is in many cases driven by investment whereas the European market is driven by collectors more than investors we are able to make our own decision.
In a plastic case you can be told the coin is protected but on the other hand part of the pleasure of numismatics is handling the coin.
Br
http://www.petitioncrown.com/images/link_art-_-numismatic-education-_6k_240x120.jpg
Smile, just another name for English Coinage. This short article deals with Rarity, value and condition and the matrix of price. The British grading system is a matrix of 12 degrees of rarity and 7 degrees of grade. This matrix has the effect of Rarity being affected by grade. Yes there is a multitude of different options. This was shown in the 1973 book Cope & Raynor English Milled Coinage
US grading I have made no headway to get a clear picture of the MS system of grading in the US. I have posted many questions and had few answers. I tried on a simple area to understand the 10 grades of UNC, no answer except one mat assume a PROOF 100% with no marks and perfect fields will be classified as MS70 being the highest grade. I cannot understand and no clear picture has emerged for MS60 to MS69 inclusive.
The result of the two grading systems is that in the European market a lot of the grading is left in the hands of the collectors and dealers, knowledge across a far wider range of material is demanded from Roman, Hammered and early Milled were as USA coins are mainly from 1780’s to date all milled except for some colonial but very few.
Is there one way to grade, the answer is no, protection however is flawed with both systems. The best given is the US way to a market the is in many cases driven by investment whereas the European market is driven by collectors more than investors we are able to make our own decision.
In a plastic case you can be told the coin is protected but on the other hand part of the pleasure of numismatics is handling the coin.
Br
http://www.petitioncrown.com/images/link_art-_-numismatic-education-_6k_240x120.jpg
A collection uploaded on www.petitioncrown.com is a fifty- year love affair with beautiful British coins, medals and Roman brass
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