Coins
The marks, grades and designs on coins, and what each one tells you.
A US coin is described by where it was struck, how worn it is, and which date and design it carries. Mint marks are the small letters for the mint. Coin grades are the numbers from 1 to 70 that grading services such as NGC and PCGS print on a graded coin’s holder. Notable US coins are the dates and designs people ask about by name.
The small letters on a US coin that say which mint struck it, and the designers’ initials found on some coins.
The grades and abbreviations on graded coins, from poor to perfect mint state, and the designations added to them.
The US coins people ask about by name, what identifies each one, and what makes some of them scarcer.
Where it was struck
The US Mint lists four mint marks in use today: P for Philadelphia, D for Denver, S for San Francisco and W for West Point. Most circulating coins have a P, a D or no mint mark, which signifies Philadelphia.
How worn it is
Grading services use the Sheldon scale of 1 to 70, first used in the United States in the late 1940s, NGC says. Sixty is the threshold for an uncirculated coin, graded MS (mint state) from 60 to 70. Even the lowest grade depends on the date and mint mark: the ANA’s Poor-1 is a coin whose date and mint mark are still strong enough to read, and CAC won’t encapsulate a coin on which either is illegible.
Reading date, mint mark and grade together
Lincoln cents dated 1909, NGC explains, have no mint mark (Philadelphia) or an S (San Francisco), and the first were struck with the designer’s initials, VDB, on the reverse. Those two details separate four kinds of 1909 cent. The 1909-S VDB, with 484,000 struck, has the lowest mintage of the business-strike Lincoln cents, CoinWeek says. On copper the grade adds a color: NGC’s price guide lists the 1909-S VDB at AU 50 BN, MS 60 RB and MS 65 RD, for brown, red-brown and red.
The date alone can mislead. The Coinage Act of 1965 had silver coins struck after it dated 1964, and PCGS says the Mint kept striking them through January 1966. No circulating coins had mint marks from 1965 to 1967, so a 1965 quarter looks like a Philadelphia coin, though PCGS notes that Denver struck them too. Every Bicentennial quarter reads 1776-1976, and the Mint says one struck in 1975 can’t be told from one struck in 1976. A mint mark can show the metal instead: a silver war nickel dated 1942 weighs the same as a copper-nickel one, NGC says, and is told apart by its large mint mark above Monticello.
Sources
- Mint Marks, United States Mint, Modern Mint Marks; history
- NGC Coin Grading Scale, NGC Coin Grading Scale (ngccoin.com), Numismatic Guaranty Company (NGC), introduction; Numeric Grades; MS/PF 70 to PO 1; Plus & Star; Strike Type (MS); Numeric Grades; What is a 70?; MS/PF 60
- Cracking the Code: Understanding PCGS Abbreviations on Coin Holders, PCGS news article (Internet Archive copy of 24 September 2024), Professional Coin Grading Service (PCGS), archived by the Internet Archive, problem codes
- ANA Official Coin Grading Standards, Official Coin Grading Standards (money.org), American Numismatic Association, Circulated Coins: Fair-2, Poor-1
- CAC Grading Standards, CAC Grading Standards (cacgrading.com), CAC Grading, About No Grades; Ungradable
- Face Value: 1909 Lincoln Cents, NGC news, posted 13 June 2023, Numismatic Guaranty Company (NGC), 1909-S Cents; 1909 Lincoln Cents
- 1909-S V.D.B. Lincoln Wheat Cent : A Collector’s Guide, CoinWeek
- PCGS Lingo: full listing, PCGS Lingo, full listing (pcgs.com/lingo/ALL; Internet Archive copy of 5 February 2025), Professional Coin Grading Service (PCGS), archived by the Internet Archive, Red; Red-Brown; Brown; RD; RB; BN
- Coinage Act of 1965 (Public Law 89-81), Public Law 89-81, 79 Stat. 254, U.S. Congress (GovInfo), Sec. 101(a)(2), 101(b); Sec. 204(a)
- 1965 25C (Regular Strike) Washington Quarter, PCGS #5878, PCGS CoinFacts (Professional Coin Grading Service), Description; Specifications; description
- Quarter Dollar, US Mint, Learn: circulating coins, United States Mint, History
- Face Value: Silver Coins in Circulation, NGC news, posted 10 January 2023, Numismatic Guaranty Company (NGC), 1942-1945 Jefferson Nickel (Wartime Silver Alloy)
Last reviewed September 29, 2026 by Rory Hansen. How we research