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About CGS UK Grading System

INTRODUCTION

The purpose of the CGS UK grading system is to offer and make available to the general market for English Milled Coinage an independent assessment of grade, authenticity and attribution (type or variety). The main reason for the creation of the service is to help the collector particularly new collectors to enter the market place with a good degree of the warranty and protection CGS UK encapsulated coins give. The project was two years in the making involving many experts both dealers and collectors, as well as numismatic journalists.

Surprisingly there is no universally accepted bench mark standards for the grading of English coins, by this we mean there is no universally recognized independent publication giving bench marks for the grading of English coins. The broad terms in use (see below) Very Good, Fine, Very Fine, Extremely Fine, and Uncirculated although broadly consistent in the main body of the professional UK dealer and bigger auction houses, are subject to the individual “subjective” opinion of the grader at the time based on his experiences and paradigms. To our knowledge no one refers to any accepted universal guide (as none exists) or retains sets of coins to refer to for consistencies sake. How then has grading been done? Basically the grader looked at a coin and decided based on his experience and memory what grade it is, if he is not sure then a plethora of middle grade attachments and riders are introduced such as about Uncirculated, near to Very Fine, approaching EF, better than Fine, Good Very Fine, BU, Gem, Choice we could go on it seems almost endlessly. The CGS UK system arrives at a numeric grade between 1 and 100 with 100 being absolute perfection. It is not our intention to replace the traditional grading terminology (listed below) but it can easily be argued that once a numerical grade is attached the need for some additional narrative description is superfluous. However CGS UK numerical system will broadly translate as follows

 

Grade Category
80 – 100 Uncirculated
75 - 78
Almost Uncirculated
60 – 70 Extremely Fine
40 – 59 Very Fine
20 – 39 Fine
1 – 19 Good, Very Good

 

Our intention has not been to translate traditional grades into numbers so the table is a guide however the middle point of each range will coincide with our benchmark standards as follows

 

Midpoint Category
10 Very Good
30 Fine
50 Very Fine
70 Extremely Fine

 

Coins above 80 fall into our uncirculated range, they may have bag marks, cabinet friction or toning or other signs of slight mishandling whilst in collections evidence of which will lower their grade, but essentially we have assessed them as having no wear consistent with being in circulation. Anything above 82 will be exceptionally nice what dealers often term gem or choice and consequently scarce and desirable.

THE COIN GRADING SERVICE

The CGS UK system starts by asking whether the coin is genuine (it may be compared to our extensive library of known forgery types, and weighed) in some cases it may be sent to consultant experts and specialists depending on the coin type. In essence we convince our selves as much as is possible we are dealing with the genuine item. We have to as we offer to pay the full market value to the submitter of any coin we encapsulate which subsequently is proved not to be genuine. We then assess if the coin has been enhanced by artificial toning, tooled, polished, plugged, or whizzed. Coins not passing these two tests are returned to the submitter and do not find their way into CGS UK holders.


Standard References
English (UK) Coins Spink, Coins of England and The United Kingdom
Example: S.1257
 
English (UK) Coins Alex Wilson,Mark Rasmussen,English Pattern Trial and Proof Coins in Gold 1547-1968
Example: Wilson&Rasmussen 6
 
English (UK) Coins C.Wilson Peck, English Copper Tin and Bronze Coins in the British Museum 1558-1958
Example: Peck 1425
 
English (UK) Coins Elias, The Anglo-Gallic coins
Example: Elias 35
 
English (UK) Coins Freeman, The Bronze Coinage of Great Britain 1985 Edition
Example: Freeman 16
 
English (UK) Coins Hobbs, British Iron Age coins
Example: Hobbs 860
 
English (UK) Coins J.J.North,English Hammered Coinage
Example: North 586
 
English (UK) Coins John Jerrams, The early British Bronze Bun Pennies and Their Varieties 1860-1865 inclusive, 2003 edition
Example: Satin 12
 
English (UK) Coins Marsh, The Gold Half Sovereign, Second Edition 2004
Example: Marsh 400
 
English (UK) Coins Marsh, The Gold Sovereign,Golden Jubilee Edition
Example: Marsh 4
 
English (UK) Coins Metcalf, Thrymsas & Sceattas
Example: Metcalf 284
 
English (UK) Coins Michael Gouby, The British Bronze Penny 1860-1970
Example: Gouby BP 1860G
 
English (UK) Coins P.Alan Rayner, English Silver Coinage since 1649, 1992 edition
Example: ESC 750
 
English (UK) Coins Peter J.Davies , British Silver Coins since 1816, 1982 edition
Example: Davies 1558
 
English (UK) Coins R.Van Arsdell, Celtic coinage of Britain
Example: V.A. 478
 
English (UK) Coins Williamson, Trade Tokens
Example: Williamson 1189
 
World Coins Grierson,Coins of Medieval Europe
Example: Grierson 538
 
World Coins Friedberg,Gold coins of the World
Example: Friedberg 725
 
World Coins Krause Mischler Standard Catalogue of World Coin
Example: KM#101 or Y#52 or C#15
Notes: Various Catalogues exist for each century back to the 17th.
World Coins Krause Mischler Unusual World Coins
Example: X#1
 
British W.Africa/St.Helena David Vice, The Coinage of British West Africa and St.Helena 1684-1958
Example: FT250
 
France Le Franc, Argus Des Monnaies Francaises 1795-2001
Example: Le Franc 309/16
 
Scotland, Ireland, Jersey, Guernsey, Isle of Man, Lundy Spink, Coins of Scotland, Ireland and the Islands (Jersey, Guernsey, Man and Lundy) pre-Decimal Issues, 2003 edition
Example: S.6612
 
USA Walter Breen's 'The Complete Encyclopaedia of US and Colonial Coins'
Example: Breen 2345
 
USA Morgan Dollars Michael S.Fey Ph.D and Jeff Oxman, The Top 100 Morgan Dollar Varieties: The VAM Keys
Example: VAM 6A
 
Ancient Coins David Hendrin, Guide to Biblical coins
Example: Hendrin 37
 
Ancient Coins David Sear, Byzantine coins & their values
Example: Sear 452
 
Ancient Coins David Sear, Greek coins
Example: Sear 678
 
Ancient Coins David Sear, Greek Imperial coins
Example: G.I.C.528
 
Ancient Coins David Sear, Roman coins & their values
Example: Sear 438
 
Ancient Coins Seaby, Roman silver coins
Example: RSC 638
 
Ancient Coins Spink, Roman Imperial Coinage
Example: R.I.C.583
 
   
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