Coin collectors have their own language and terms. A series of precise definitions describe the condition of the coins accurately and unmistakably.
1. Fair = The coin can just be identified.
2. Good = very worn, but the outlines and design are still visible.
3. Very good = the design shows clearly but the details are worn out.
4. Fine = shows the signs of wear.
5. Very fine = only slight wear.
6. Extra fine = almost perfect.
7. UN-circulated = in mint condition.
8. Proof coin = the highest grade of all.
Proof coins have a mirror-like finish.
They are made exclusively for the collectors from polished dies.
Note: All the defining words sound good – irrespective of the condition of the coin!
Isn’t it just great?