Coin collection is not synonymous with possessing as many coins as possible. What is important is the quality of the coins rather than the quantity of them. The coins 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. This point scale was introduced by Doctor William Shelby in his work Penny Whimsy. The classifications of coins according to grade are as follows:
1.Coins in Mint State:
According to Shelbys 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...
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