RUINED COINS

GREGREY NOLDS

Whether through the hands of nature or by those of a person, destructive forces can make some coins ungradable. But ungradable doesn’t mean unvaluable. On the contrary, many coins that grading services and knowledgeable collectors would not assign a grade to are not worthless but, instead, priceless. In the framework of market realities, ungradable coins are those that have failed, should have failed, or would fail, if submitted, to receive numerical grades from the leading grading services. Controversies involving coins that should not have been graded and values of ungradable coins that are uncertified are beside the certification of a classic U.S. coin and has a large impact upon the current market value of that coin. Scarce and popular classic U.S. coins that have been certified as being authentic, yet are denied numerical grades because of serious problems, are a constant source of careful analysis when it comes to their market values. There is no price guide for ungradable coins