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Coin Grading Terms

Below is a table containing the common coin grading terms.

Name Code Description
Proof PR A specially made coin distinguished by sharpness of detail and usually with a brilliant mirror-like surfaces. Proof refers to the method of manufacture and is not a condition. Pre-1968 proofs were made only at the Philadelphia Mint except in a few rare instances in which presentation pieces were struck at branch mints. Current proofs are made at the San Francisco an West Point mints.
Mint State MS The term Mint State (MS) can be interchanged with uncirculated (UNC) to describe “new” coins showing no trace of wear.
Perfect Uncirculated MS-70 Perfect new condition, showing no trace of wear. The finest quality possible, with no evidence of scratches, handling or contact with other coins.
Choice Uncirculated MS-65 An above average uncirculated coin which may be brilliant or lightly toned and has very few contact marks on the surface or rim.
Uncirculated MS-60 Has no trace of wear but may show a number of contact marks, and surface may be spotted or lack some luster.
Choice About Uncirculated AU-55 Barest evidence of light wear on only the highest points of the design. Most of the mint luster remains.
About Uncirculated AU-50 Has traces of light wear on many of the high points. At least half of the mint luster is still present.
Choice Extremely Fine EF-45 Light overall wear shows on highest points. All design details are very sharp. Some of the mint luster is visible.
Extremely Fine EF-40 Design is lightly worn throughout, but all features are sharp and well defined. Traces of luster may show.
Choice Very Fine VF-30 Light even wear on the surface and highest parts of the design. All lettering and major features are sharp.
Very Fine VF-20 Shows moderate wear on high points of design. All major details are clear.
Fine F-12 Moderate to considerable even wear. Entire design is bold with overall pleasing appearance.
Very Good VG-8 Well worn with main features clear an bold although rather flat.
Good G-4 Heavily worn with design visible but faint in areas. Many details are flat.
About Good AG-3 Very heavily worn with portions of lettering, date and legends worn smooth. The date may be barely readable.