$2.5 Indian Head Gold Coins MS 63

$2.5 Indian Head Gold Coins MS 63

Grade Definition

MS 63 is the contraction for the denotation "Mint State Grade 63". The "Mint State" designation means the coin was not circulated, and this designation begins at MS 60, and ends at MS 70, which is the very top of the "Sheldon Grading Scale" which was developed in 1949 by Dr. William Herbert Sheldon. The higher the MS grade, the higher the premium the coin will carry over the spot price of gold, and the rarer it will be.

Specifics of the Grade

Uncirculated $2 1/2 Indian gold coins in grade MS 63 are quite pleasing to the untrained eye and generally still have a fair amount of "Mint luster" or golden sheen to them. Any scratches or scuffs will be smaller than those on MS 62 or MS 61 coins, or they will be in less prominent areas. Because of the "Incuse" or sunken design of this coin, marks or wear tend to occur in the "Field" or flat areas of the coin where there is no design, however, small nicks or scratches may be visible in the obverse or reverse designs of the coin.