What exactly is “graded bullion”? Houston Gold merchants can help answer all your questions if you have graded bullion to sell or if you are interested in buying.
When a gold or silver coin has been graded, this typically means it is rarer than the same type of coin that is not graded. A graded coin will have a higher numismatic value versus a coin that has been circulated or has a high mintage. Some things to take into consideration:
-The year of the coin
-The total that was minted within that year of that coin
-The condition of the coin
The grading scale for condition starts at PR and ends at MS. Houston Gold Merchants is here to explain this grading for you.
PR 1- Poor
FA 2- Fair
AG 3- About Good
G 4, 6- Good
VG 8, 10- Very Good
F 12, 15- Fine
VF 20, 25, 30, 35- Very Fine
XF 40, 45- Extremely Fine
AU 50, 53, 55, 58- About Uncirculated
MS 60 to 70- Mint State (Uncirculated)
How do you know if you have a coin that has already been graded? There are companies that will grade your coins such as NGC or PCGS. They grade your coins and send them back to you in a hard plastic case with the grading stated on the case. As stated above, graded coins will have a higher premium to buy or to sell.