markflorida Posted March 8, 2018 Posted March 8, 2018 This is a table I use for my customers and myself. It is not 100% perfect between the grades but as good as I can determine. (Sheldon Scale is the 70 point grading scale that was created by American Bill Sheldon) and is what is used in the United States and around the world now. CGS Numerical Grade Average Raw UK Grade Average Standard USA Sheldon 100 FDC MS70 99 FDC MS70 98 FDC MS70 97 FDC MS70 96 FDC M69+ 95 FDC MS69 94 AFDC MS68+ 93 AFDC MS68 92 AFDC MS67+ 91 AFDC MS67 90 NFDC MS66 88 BU -NFDC MS65+ 85 Choice UNC - BU MS65 82 Choice UNC MS 64+ 80 Choice UNC MS 64 78 UNC MS 63 75 UNC or near so MS 62 70 AU MS62 65 GEF MS61 60 EF AU58 - MS60 55 NEF AU55 50 GVF AU55 45 GVF AU 53 40 VF AU 50 35 NVF XF 45 30 GF XF 40 25 GF XF35 20 F XF30 15 NF XF20 10 VG XF15 8 VG VG10 5 GOOD VG8 4 FAIR G4 3 FAIR G3 2 FAIR G2 1 FAIR G1 1 Quote
Peckris Posted March 8, 2018 Posted March 8, 2018 How can a coin in VF be thought of as AU, by any stretch of the imagination? I mean, it just isn't. Not even close. Quote
Sword Posted March 8, 2018 Posted March 8, 2018 As has been said several times before, that table (produced by London Coins) is considered by many to be biased in favour of the CGS scale. E.g. I don't think CGS 80 is generally choice UNC or is really equivalent to PCGS / NCG MS64. Quote
ozjohn Posted March 8, 2018 Posted March 8, 2018 Perhaps the UK and Australia should abandon the UNC, EF etc. and it's attendant undefined micro grades abt. near and adopt the Shelden scale which offers a far more systematic method of grading coins. 0 - 100 scale adopted by CGS offers a similar advantage however given that the Shelden scale has been in place for a long time it should be adopted in favor. Quote
mrbadexample Posted March 8, 2018 Posted March 8, 2018 I don't really get all this, if I'm honest. I can cope with F, VF, EF & UNC. How can something be nFDC, aFDC or one of the 6 different levels of FDC? How can MS70 be CGS 97, or 3 points higher at 100? I've given up and adopted Rob's two-point grading system: acceptable or not. 4 Quote
will1976 Posted March 8, 2018 Posted March 8, 2018 53 minutes ago, mrbadexample said: I've given up and adopted Rob's two-point grading system: acceptable or not. I've come to this view too, if your happy with the look of a coin (or token in my case) and the price is acceptable for me that's the end of the discussion! I'm sure many will disagree though Quote
IanB Posted March 8, 2018 Posted March 8, 2018 There is no reason for any grading system to be considered better than another, its all down to individual preference. As a beginner grading is difficult to get your head around and having a limited number of options is a benefit. If we only had the Sheldon scale most would just give up and call it a day. If however you are buying and selling for profit then I can see the logic in having a system that allows for a wider spread of grades which give a person more opportunities to differentiate between grades especially at the higher end. For me its just horses for courses, I am just an average collector and have no interest in buying and selling to make money, so using the standards of F, VF, and EF etc works for me and sticks to the KISS principle that I like to work with. If on the other hand you are a more serious collector then maybe the Sheldon scale is for you. There's room for everyone 1 Quote
Rob Posted March 9, 2018 Posted March 9, 2018 Big Bang has a lot to answer for. I'm absolutely certain that Sheldon had nothing to do with the scale as he certainly wouldn't cope with 11 different categories of a statement of fact, namely, uncirculated. It's one of these sort of/very/extremely unique scenarios. 1 Quote
Unwilling Numismatist Posted March 9, 2018 Posted March 9, 2018 10 hours ago, mrbadexample said: I've given up and adopted Rob's two-point grading system: acceptable or not. I find it a very easy system to work with Quote
1949threepence Posted March 9, 2018 Posted March 9, 2018 16 hours ago, ozjohn said: Perhaps the UK and Australia should abandon the UNC, EF etc. and it's attendant undefined micro grades abt. near and adopt the Shelden scale which offers a far more systematic method of grading coins. 0 - 100 scale adopted by CGS offers a similar advantage however given that the Shelden scale has been in place for a long time it should be adopted in favor. I do like the Sheldon system, but as for abandoning UNC, EF etc in the UK and Australia, that's not going to happen anytime soon. Quote
1949threepence Posted March 9, 2018 Posted March 9, 2018 16 hours ago, mrbadexample said: I don't really get all this, if I'm honest. I can cope with F, VF, EF & UNC. How can something be nFDC, aFDC or one of the 6 different levels of FDC? How can MS70 be CGS 97, or 3 points higher at 100? I've given up and adopted Rob's two-point grading system: acceptable or not. I haven't encountered that. Is it possible to take a butchers? Quote
mrbadexample Posted March 9, 2018 Posted March 9, 2018 4 minutes ago, 1949threepence said: I haven't encountered that. Is it possible to take a butchers? I first encountered it here (on my birthday, as it happens): I guess it looks something like this: 1. Acceptable 2. Not acceptable Sorry. 1 Quote
Rob Posted March 9, 2018 Posted March 9, 2018 7 minutes ago, 1949threepence said: I haven't encountered that. Is it possible to take a butchers? That's what you do. Have a look. Look for as many reasons as possible as to why you wouldn't buy it. Compare it to the other items you have previously researched to ascertain where it stands in the pecking order gradewise. If it is in the top few and aesthetically ok then rule 1 applies unless there is one outstanding example out of a few known and the rest are crap. Hobson's Choice, you apply rule 1. If I haven't researched the available options, then more often than not I will move on, even if it seemed ok. Sometimes you regret not buying at the time, but more often not. If I know there are a few decent examples available then I avoid simply ticking the box as I know I will upgrade later if the right thing comes along. Things that only become available once every generation tend to fall under rule 1, as do coins with an impressive provenance. Quote
1949threepence Posted March 9, 2018 Posted March 9, 2018 1 hour ago, Rob said: That's what you do. Have a look. Look for as many reasons as possible as to why you wouldn't buy it. Compare it to the other items you have previously researched to ascertain where it stands in the pecking order gradewise. If it is in the top few and aesthetically ok then rule 1 applies unless there is one outstanding example out of a few known and the rest are crap. Hobson's Choice, you apply rule 1. If I haven't researched the available options, then more often than not I will move on, even if it seemed ok. Sometimes you regret not buying at the time, but more often not. If I know there are a few decent examples available then I avoid simply ticking the box as I know I will upgrade later if the right thing comes along. Things that only become available once every generation tend to fall under rule 1, as do coins with an impressive provenance. Thanks. Sounds a useful way forward. I sort of do that now. Quote
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