What do these codes mean in determining a value of a coin?
F-12, VF-20, XF-40, AU-50, MS-60, MS-62, MS-63, MS-64, MS-65, MS-66, MS-67, PF-65 MATTE
I know that the latter codes mean a higher valued coin. I have a 1922 silver peace dollar. Some websites are asking $6000 for the coin, but most on Ebay are going for like $15. How can I determine which one mine is?
The “codes” that you are referring to are coin grades, based on the Sheldon scale(range of 1 to 70) widely used in the US, Canada and some other countries on the same part of the globe. F means Fine, VF is Very Fine, XF is Extra Fine or Extremely Fine, AU is About Uncirculated or Almost Uncirculated, and MS means Mint State, coins that are uncirculated. PF means Proof; it’s actually not a grade, but a type of coin finish. But grades have been assigned to Proof coins somehow to determine how well is the Proof appearance and appeal. Terms like Matte, Paquet, Cameo, Deep-Cameo, Deep-Mirror Prooflike, etc… these are words used to describe the finish of the coin or the appeal of certain coin types. As for the type of grades and how to assign them to a particular coin, well, that is a different topic altogether and we may need to explore that on a separate occasion given time(and space to type). As for the Peace Dollar dated 1922(Philadelphia mint), if the asking price is $6,000, then the coin has to be in high MS state possibly higher than MS-67. Circulated Peace dollars trade around $17 to $18 in nice circulated with luster, and $25 in low MS grade.
The Coin Song- a US coins song for children
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