Coin Grading Levels

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When adding coins on this platform I noticed that the highest level  is “UNC”.  However, if I have a PCGS/NGC graded coin that's graded as MS-70, it feels kind of strange to represent that in my collection as simply UNC.  So my question is:  why doesn't Numista include “MS” as an additional grading level? 

 

Thanks for your help,

Tony

TonyCoins

When adding coins on this platform I noticed that the highest level  is “UNC”.  However, if I have a PCGS/NGC graded coin that's graded as MS-70, it feels kind of strange to represent that in my collection as simply UNC.  So my question is:  why doesn't Numista include “MS” as an additional grading level?

 

MS - Mint State is Uncirculated

NGC glossary

Referee for Exonumia from United States

Thank you for the reply.  In the vernacular, perhaps.  

 

But I'm referring to the grading point scale.  NGC Reference as follows:  https://www.ngccoin.com/coin-grading/grading-scale/

There have been many discussions about this in the forums. A generic search provides these results that may answer your question.

Referee for Exonumia from United States

Thanks for the reply.  It looks like I will have a lot of reading to do.

 

I assumed that this platform might have a certain aversion to TPG's and graded coins in general . . . and that's fine if that is the prevailing sentiment.  I understand the push back.

 

Nevertheless, thanks for listening.

 

Sincerely,

Tony

For me I just add the information about my graded coins to the Private Comment. For Example

PCGS MS64RD DDO

There is a picture of the 1963-D DDO on the Lincoln Cent page of the graded coin that I registered as an Example. 

Referee for Exonumia from United States

MS equals UNC. UNC means that coin was not in circulation (or rather, does not have anything that would show it was), different MS levels just tell us how much uncirculated it is. It is not higher grade, just more precise one.

Catalogue administrator

Respectfully, that interpretation doesn't reflect market pricing for coins in graded slabs.

 

--Tony

I'm going to need a wider screen. Now we have 7 grades, the Sheldon scale has 30!

 

And everytime someone asks for a grade, there's a discussion whether it is a VF or an XF, or is it an XF or AU etc. But there are 10 points difference between those grades and there's NEVER consensus. So how could anyone know whether it is a MS64, or 65 or 66 or 67 etc.? I'm willing to make an exception for American coins because these are so well documented. Ever been to a coin fair where NGC or PCGS grades coins on the spot? A battery of young girls grade coins on the assembly line. Reliable? I don't think so. It's just a money making scheme. I wonder when Niue will start with this.

I appreciate your candor.

 

For what it's worth, I send more of my coins to CACG these days than I do to PCGS or NGC.  CACG tends to grade more strictly because of the exact issues you raised.

Numista uses descriptive grading not Sheldon there are also differences between country systems which makes things over all more awkward when dealing with collectors from different regions.

Last time there was a lengthy debate on this topic. Good place to start reading.  https://en.numista.com/forum/topic132574.html

Thanks for the forum reference.   I can see that things quickly went off the rails on that one.  I think I both laughed and cried after reading it.  😀

 

Thanks for explaining that Numista uses descriptive grading instead of the Sheldon scale.   That was exactly what I needed to know.   I use multiple different platforms (PCGS Registry, NGC Registry, CACG Registry, MyCollect) to keep track of my coins.  Of course, these are all American based and I am used to thinking in terms of the Sheldon scale.  Sometimes Xavier even graces us with his presence on MyCollect and I would look forward to his thoughts the next time he pays us a visit.

I confirm what has been said above. The scale on Numista is from G to UNC, with UNC being the highest possible grade.

 

The difference between different grading scales, especially from one country to another is a real issue, and I don't have a solution for that at the moment.

 

I plan to add the possibility to add more details to coins in your collection in the future (maybe next year), including the exact grade of slabbed coins.

Thanks, Xavier for the reply!  No problem.  

 

I've already added over 1,000 of my coins to Numista.  I'm fine with recording the slabbed coins as “UNC” on this platform for the time being.   I'm grateful for your referees explaining what the issue is.

For grades over MS-60, it's more about the quality of the strike than how well preserved the coin is. That said, the biggest problem with Numista's use of descriptive grades comes with the relatively recent addition of pricing info to the catalog. Simply put, the descriptive scale lacks precision when it comes to less common coins, especially at the high end of the scale. The price difference between MS-63 and MS-66 can be 10 times or more.

HoH

True.  Since Numista is already using Greysheet data for U.S. coin pricing, Greysheet definitely has the more granular pricing information available for the finer MS grading levels.  But a user on Numista would have to be given the option to select the precise Mint State level of their graded coins on the Numista platform in order to match up with the more granular pricing that's available from Greysheet.

I respectfully suggest an addition to Numista page: https://en.numista.com/help/what-do-g-vg-f-vf-xf-au-and-unc-mean-81.html

to include a reference to GR Reserve at: https://grreserve.com/ that provides an interactive cross reference from the Sheldon numeric grading scale to the alphabetic descriptive scale used by Numista, as shown in the following example screenshot:


 

The direct link to this page at GR Reserve is:  https://grreserve.com/learn/coin-grading/?gad_source=1&gad_campaignid=23718412501&gbraid=0AAAAABSoVjp3Yn4ZAEWWUyny2JJf6hxmV&gclid=CjwKCAjw-8vPBhBbEiwAoA39Wv_cRbmBa2I-J-lFpm21B6bYEeybyEHt3au3j2r8Xcwj39hUFAe2DhoCfOoQAvD_BwE

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