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Coins are graded anywhere between
1 and 70 on a 70-point scale known as the Sheldon numerical
scale. Coins graded between 1 and 59 are considered circulated.
Coins ranging between 60 and 70 are considered uncirculated,
or Mint State.
Mint State
According to R.S. Yeoman’s,
A Guide Book of United States Coins, also commonly referred
to as the Red Book:
“The terms Mint State (MS)
and uncirculated (Unc.) are interchangeably used to describe
coins showing no trace of wear. Such coins may vary to some
degree because of blemishes, toning or slight imperfections…”
Mint State (MS) 68
MS-68 coins are remarkably impressive. Professional Coin
Grading Service (PCGS) describes the lofty MS-68 grade as:
“This is for ‘Mint State’ (the grade)
and ‘68’ (the numerical designation of that
grade). A nearly perfect coin, with only miniscule imperfections
visible to the naked eye. The strike will be exceptionally
sharp and the luster will glow. This is an incredible coin.”
There are only two grades higher
than MS-68: MS-69 (virtually perfect) and MS-70 (perfect).
These grades are very rarely given to rare coins of any
type.

Grading Companies
Two companies stand out among those that offer coin-grading
services: Numismatic Guarantee Corporation (NGC) and the
aforementioned PCGS. These long-standing companies take
great care in assigning coins the appropriate grade, sealing
them in hard, tamper-proof plastic containers, and guaranteeing
their authenticity.
All 1908 $20 Saint-Gaudens gold
coins offered by Goldline and discussed on this website
are graded by either NGC or PCGS and are guaranteed in MS-68
condition.
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