$10 Liberty Gold Coins MS 62

$10 Liberty Gold Coins MS 62

Grade Definition

MS 62 is the contraction for the denotation "Mint State Grade 62". "62" refers to the third tier grade of an uncirculated coin on the  Sheldon coin grading scale. The scale was created by Dr. W.H. Sheldon, an avid numismatist as well as a Psychologist. Coins that have not been circulated to the public are assigned a grade of 60, and coins visibly perfect earn a grade of 70. 70 is the top of the Sheldon coin grading scale. Old gold coins like this are seldom ever seen in an MS 70 condition, and usually top out the scale at a MS 65 or MS 66.

Specifics of the Grade

A $10 Liberty gold piece in MS 62 will show some wear, nicks, scratches and scuffs, and these blemishes will more likely be found in the more prominent areas of the coin, such as the coronet wearing "Lady Liberty" on the front, or the shielded eagle design on the back, or reverse of the coin. The MS 62 designation may also be assigned to a coin which has only a few scars from vault storage and transport over the decades, but exhibits several raised "Die cracks" and / or die flaws that were present when it was produced at the U.S. Mint.