pmg67 This is the score given by the pmg rating company based on the condition of the banknotes. The higher the score, the better the condition of the banknotes. 67 points is considered a very high score, with a full score of 70 points. The product is in perfect condition and no flaws can be found. A score of 65 or above is considered a good product, and a score of 67 is already considered a top quality product.
1. The definition of graded coins
The so-called graded coins refer to coins that are sealed in an anti-counterfeiting hard box after being authenticated by a professional appraisal company and given an objective score for the quality and grade.
2. Historical origins
(1) The origin of graded coins
There is no word corresponding to "condition" in English. Condition is usually used to describe the appearance of a coin, which means "condition". But this word is too abstract and vague, so professionals will use the word grade, which means "level" or "grade". The verb is rating and grading.
(2) Grading system and standards
1. International grading system (70-point Sheldon grading standard)
2. Coin grading originated in Europe and the United States. The earliest grading method in the United States also used vague words to give Coin classification, the more complete letter grade system in the later period mainly includes poor (Poor or PO), general (Fair or Fr), almost good (AlmostGood or AG), good (Good or G), very good (VeryGood or VG), and exquisite (Fine or F), Very Fine (VF or VF), Extra Fine (ExtraFine or XF), Almost Uncirculated (AU), Uncirculated (Uncirculated or Unc) and Brilliant Uncirculated (BU) .
In the 1950s, William H. Sheldon first proposed the Sheldon standard (also known as: Sheldon 70-point rating) in his book. This standard uses numbers to indicate the age of coins, with the range of numbers being 1-70. Specific levels include: BS-1, FR-2, AG-3, G-4, G-6, VG-8, VG-10, F-12, F-15, VF-20, VF-25, VF -30, VF-35, XF-40, XF-45, AU-50, AU-53, AU-55, Au-58, MS-60, MS-61, MS-62, MS-63, MS-64 , MS-65, MS-66, MS-67, MS-68, MS-69 and MS-70. Here MS is the abbreviation of MintState, which means like it was just minted. The higher the grade, the greater the difference between grades. However, if you want to determine the grade of a coin through personal observation, you need a lot of experience and practice to develop a sharp eye. This is the case for appraisal staff in top grading companies. Some highly trained experts. In fact, the difference between MS69 and MS70 can only be seen through a microscope. This set of grades applies to common coins. For proof coins, a similar set of standards applies, ranging from PF1 to PF70.
PMG (Paper Money Guaranty) officially announced that the number of banknotes it has appraised has reached 2 million. As a third-party banknote grading agency, PMG was the first to reach this important milestone, certifying twice as many banknotes as its peers.
Introduction to PMG banknote grading
With the rise of banknote collection in recent years, it has become increasingly difficult for collectors to find a few banknotes in good condition on the market. Therefore, how to properly preserve banknotes to preserve and increase their value is a question. become an important subject. In view of this, I would like to share with you some of the rating knowledge I have learned. PMG, whose full name is Paper Money Guaranty, is the world's leading third-party banknote appraisal and grading unit (PMG's graders must sign a contract and guarantee not to participate in any currency buying and selling).
According to international grading standards, UNC 70 is the full score, and PR1 is the lowest score:
A. UNC 67-70 are called first-class treasures, both in terms of the preservation status of the banknotes and the fineness and centering ratio of the printing. It must be flawless, which is rare among banknotes issued before 1950 AD
B. UNC 65-66 are called treasures. The condition of the banknotes must be close to perfect. In addition to reaching the unused appearance, there are no yellow spots or dirt. Spots, water stains and other bad conditions must be eliminated
C, UNC 60-64 Uncirculated, unused
D, AU 50, 53, 55,58 About Uncirculated, nearly unused
E, XF 40, 45 Extremely Fine Fine products
F, VF 20, 25, 30,35 Very Fine products
G, F 12, 15 Fine products
Coins generally below level 12, except for very rare types, the collection value is usually not high high.
PMG has a global reputation for accuracy, consistency and completeness in its ratings. PMG-certified banknotes are backed by its comprehensive grade and authentication guarantee—the most reliable guarantee in the industry. To ensure fairness and impartiality, our graders are prohibited from participating in the buying and selling of commercial banknotes.
In addition to expert grading and identification services, PMG provides collectors and dealers with a variety of valuable online resources. Some of the most popular features include the PMG Registry’s online tools for displaying and viewing your collection, PMG quantity reports and the World Banknote Price Guide
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