Fine Coins
Classifying Coins
Coin collection is not just about having as many coins as possible. More important than the number of coins is the quality of those coins. This quality is measured by the coins' grade and the grade is measured using a scale from zero to seventy (seventy being the highest point grade). Doctor William Shelby introduced this point scale in his work "Penny Whimsy".
Here are the classifications of coins according to grade.
1. "Mint State" Coins
This is equivalent to a value of 60 to 70 in the Shelby's grade scale. This means that the coin has no blemishes whatsoever. Most of the coins in this category are uncirculated, shiny, new coins, with absolutely no signs of wear.
2. "Almost Uncirculated" Coins
The "Almost Uncirculated" coins have a point grade of 50, 55, or 58.
It is very important to note that in these coins, coin collectors must know the locations of the high points in a particular coin. By checking the difference of the light reflected in the high points to the other parts of the coin, an "Almost Uncirculated" coin is separated from the Mint State coins.
3. "Fine Coins"
These can further be classified as" Extremely Fine" (40, 45), "Very Fine" (20, 25, 30, and 35) or "Fine" (12) depending on the sharpness of the remaining details on the coins. The coins are observed to have wear but the designs are still intact.
For "Extremely Fine" coins, the mint luster is still present.
"Very Fine" coins can be compared to coins which have been used for 1-3 years. Minor features of the coins are already gone.
4. "Good Coins"
These coins can be specifically defined as "Very Good" (12), "Good" and "Almost Good" coins.
The coins in this category are worn out. Only weak designs can be observed since the details of the coins in the high points are nearly smooth.
Full rims must be observed for the "Very Good" coins category.
In the case of "Good" coins, the mint mark and the date must be visible.
On the other hand, "Almost Good" coins are the most worn of coins in this category.
5. "Fair Coins"
The coins are "worn out", but can still be distinguished as belonging to one of the types of coins - as long as one can identify a coin, it is a "Fair C".
6. "Basal Coin"
These metals that can be determined to be coins - but the kind of coin are undeterminable.
With the classifications described, it will be very easy to grade coins. Just remember that knowledge of the coins' grades gives coin collectors advantages!
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Fine Coins
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 10 2009 1oz AMERICAN GOLD BUFFALO COIN BU 999 FINE GOLD  US $15,925.00
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 7 2009 1oz AMERICAN GOLD BUFFALO COIN BU 999 FINE GOLD US $10,525.00
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 5 2009 1oz AMERICAN GOLD BUFFALO COIN BU 999 FINE GOLD US $7,995.00
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 91 Piece Set of America at War Fine Silver Proof Coins US $6,825.00
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 3 2009 1oz AMERICAN GOLD BUFFALO COIN BU 999 FINE GOLD US $4,845.00
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 1793 Head Left Half Cent ANACS Fine Details Nice Coin US $4,750.00
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 2002 ZAMBIA FINE 999 SILVER PROOF 3 THREE KILO COIN US $4,683.52
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 1893 S MORGAN DOLLAR KEY DATE VERY FINE MUST SEE COIN US $3,996.90
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 1794 1C LARGE CENTS 38 R5 VERY RARE EAC COIN FINE VG US $3,060.00
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 1986 999 FINE GOLD AMERICAN EAGLE 4 COIN SET IN HOLDER US $2,999.99
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 1893 S Certified PCGS Fine 15 Morgan Silver Dollar Coin US $2,938.88
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 1916 D KEY Mercury Dime Very Nice Fine 12 Coin ANACS US $2,875.00
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 Very Rare 1987 2 Oz Elizabeth II Fine Gold Coin US $2,785.00
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 MARIA LIONZA 144 OZ 900 FINE GOLD BULLION ROUND COIN US $2,299.99
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 CANADA FINE SILVER KILO COIN SURVIVING THE FLOOD US $1,799.00
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 2009 1oz AMERICAN GOLD BUFFALO COIN BU 999 FINE GOLD US $1,650.00
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 ONE 0Z FINE GOLD KRUGERRAND SOUTH AFRICA COIN US $1,556.00
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 1818 BUST QUARTER RARE COIN GREAT CONDITION EXTRA FINE US $1,500.00
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 2001 Australia $100 SNAKE 1 Oz 9999 Fine Gold Coin US $1,495.00
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 2006 Buffalo G$50 MS 70 Coin 9999 Fine FIRST STRIKE US $1,495.00
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 2007 Buffalo G$50 MS 70 Coin 9999 Fine Early Releases US $1,495.00
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 CANADA $50 rare 1986 MAPLE LEAF 1oz FINE GOLD COIN UNC US $1,475.00
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 2010 1oz AMERICAN GOLD EAGLE COIN BU 999 FINE GOLD US $1,450.00
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 DRAPED BUST 1800 PENNY COIN LARGE CENT FINE ANAC CERTIF US $1,448.85
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 2008 CANADA $50 DOLLARS MAPLE LEAF 1OZ FINE GOLD COIN US $1,430.00
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Question about some coins I have?
I have several silver coins that have a case around them and than another case on the outside of that. One of them says United States of America 1oz. Fine Silver-One Dollar. Someone told me that these coins a worth more than a dollar but I am not sure about that. On the front of the coin it says Liberty 1995. I have 13 of these dating from 1995-2008. Are these worth anything?
If you have any other questions I will post an answer.
They do sound like silver American Eagles but when did you get the 2008, for they were in short supply for they are selling well. When someone has a new coin and does know anything about it or a set, alarms go off as to a person should know what it is, or they were obtained in an illegal way or you know more than you admit. Anyway they are available in 2 ways one id uncirculated and they usually do not have boxes, the others are proofs for collectors and they do have boxes. The proofs have a mirror finish and are worth much more. See a coin dealer for values.