Coin Classification
Updated:
The classification of coins is a fundamental process in the art of Numismatics. Indeed, it is precisely through this that the condition of a coin, its quality, and therefore its value are established with certainty.
Over the course of hundreds of years, various systems have been developed to classify coins. The two most “well-known” are the Sheldon classification system and the European coin classification system.
Mirror Finish is the grade applied to (modern) coins subjected to particular processing techniques to make the backgrounds of the coin reflective.
These are coins in perfect condition with no signs of wear (10/10).
Coins with this quality grade have circulated but so little that they have sharp details and negligible signs of wear (8-9/10).
Coins that show obvious signs of circulation but with little wear on the metal (6-7/10).
These are very worn coins (4-5/10) but recognizable and classifiable without difficulty.
The wear on the coin is significant (1-3/10).
Frequently asked questions
How are rare coins classified?
The Sheldon scale (1–70) or the European classification (FDC, SPL, BB, MB) is used. The condition significantly affects the market value.
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