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The Franklin Mint: Glossary

Entries for letter: g
Grade
  1. A rating or clarification that indicates how much wear a circulated coin has. Grades can also indicate the degree of perfection for uncirculated coins. Two popular grading guides are Photo grade and the ANA Grading Guide. Both use a scale system from 1 to 70 measuring coins from About Good -3 to Mint State Uncirculated- 70, representing perfection.
Grading
  1. The art or skill of close exmaination and determining the numismatic condition of a coin based on a numbered rating scale.