Grading Proof: Not a condition as such, the coin has been struck
using specially prepared dies and polished blanks, the minting process has
probably been carried out twice with extra pressure employed to ensure the dies
are filled. Normally the fields are
highly polished, with the design matte, however matte proofs where the whole
coin is matte are known to exist.
Sometimes even the design is polished.
A characteristic of proof coins is that they have very sharp edges. FDC: (Fleur de coin)
Perfect mint state with no abrasion or marks, with full lustre. Usually applied
to proof coins only few coins taken from circulation have not come into contact
with others during production. Brilliant
Uncirculated: (BU) Usually
implies full mint lustre, with no toning or tarnish, should have no marks or
abrasions, although such coins will have come into contact with other coins
during production. Uncirculated: (UNC) No wear,
although it is possible for the design to be not fully struck in the minting
process. They may be bag
abrasions. Older coins may be tarnished
or toned. Extremely Fine: (EF) Slight wear
on the high spots of the design on close inspection, all other
detail will be clear and sharp. Much
mint lustre may remain. Very
Fine: (VF) Detail
clear, but obvious evidence of limited circulation. High spots worn but detail remain. Traces of mint lustre may show in places. Fine:
(F)
Worn over the whole area, but only the highest spots are completely worn
through. Very
Good: (VG)
Considerable wear over the whole coin, and high spot areas completely worn
through. Coins in this grade or below
are only collectable if extremely rare. Good: (G) Inscriptions and date considerably worn
but legible. Fair: (F) Date and denomination legible, type recognizable, but very little detail visible. Poor:
Inscriptions
worn off, date barely visible, only outline of design visible. Such coins are
rarely of any value to a collector.
Many
coins fall between grades and employ such terms as AUNC (About Uncirculated), GEF
(Good Extremely Fine), NVF, (Nearly Very Fine), etc. In the U.S.A a
numerical system is popular for grading coins. Site address: http://www.btinternet.com/~petercoins/index.htm
All
the coins on this site are graded to current UK standards.
Abbreviations are used.
Happy Collecting