What are the gold coin condition grades?

Answer

Most collectors prefer coins in the best condition possible, for obvious reasons. A coin in mint condition will retain more of the fine detail of the original engraving, ancient coins are easier to read in better states of preservation, and there is generally more pleasure in owning a coin in almost perfect original condition than a worn specimen.
Q&A Related to "What are the gold coin condition grades?"
1. Check the luster. This is the amount of original shine that is still present on the coin. Gold dollars that have been heavily used tend to lose their luster after being rubbed
http://www.ehow.com/how_5889622_determine-grade-go...
The value of a $5.00 gold Coronet coin that was minted in Denver in the year 1907 in a minst state of 60 (MS60) is worth ~ $350.00.
http://wiki.answers.com/Q/What_is_the_value_of_a_m...
They are simply called Investment grade currency.
http://www.chacha.com/question/what-is-an-investme...
More information is needed to make an accurate valuation. If the coin is about the size of a quarter and has either a picture of Sacagawea or a US president on the front, it's a modern
http://wiki.answers.com/Q/What_is_a_large_gold_one...
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