For coin certification, two names are shine bright. One of those names is the PCGS, otherwise known as the Professional Coin Grading Service. The PCGS was founded in 1985, before their establishment there wasn’t really a defined system on how to grade coins. The formation of the PCGS took the world of certified coins to a new height that was previously unknown. Learn more about PCGS Gold right here at Provident Metals.
Certifying your coins can add value to your coinage while also giving you peace of mind. The PCGS is one of the most well-known coin grading services in the industry today with experience dating back to 1985. Before the establishment of the PCGS, coins were graded on a simple scale of the following.
However, there was too much variance between two coins with the same grade. Thus, the PCGS and others were formed using the renowned Sheldon Scale of 1-70.
The PCGS receives coins and grades each one individually. Each coin is graded by at least two numismatists to ensure your coin is graded properly. Once your coin is graded, it is encapsulated in a PCGS protective plastic slab, preserving its graded condition, and making sure it is shipped back to you, unharmed.
The PCGS uses the popular Sheldon Scale to grade coins. This scale is from 1 to 70 with 70 being a perfect specimen. In theory, a coin with a grade of 70 is 70 times more valuable than a coin with a grade of 1.
As the world of coinage has evolved so has grading them. As such, there are many terms and classifications that accompany your coin. Some terms are industry standard, but others are specific just to the PCGS.
Don’t hesitate to call the Provident Metals customer service team at 1-800-313-3315 with any questions you may have. Our team can also be contacted via email or through our online chat feature.