
Primary considerations at the AG-3 grade level:
• 2-digit partial date, barely readable
• LIBERTY blends well into the rim
• No horn at all
• Reverse rim blends with motto and mintmark

Primary considerations at the G-4 grade level:
• Parts of all 4 digits readable, but most of date is blurry
• LIBERTY blends well into the rim
• No horn other than a base
• Most of reverse rim blends with motto or mintmark

Primary considerations at the G-6 grade level:
• Parts of all 4 digits readable, but some of date is blurry
• Letter tops of LIBERTY blend with rim
• No horn other than a base
• Parts of reverse rim blends with motto or mintmark

Primary considerations at the VG-8 grade level:
• 4-digit date, but all numbers are flat and weak
• Letter tops of LIBERTY blend with rim
• Hints of a horn start to show
• Reverse rim just barely separates from motto and mintmark

Primary considerations at the VG-10 grade level:
• 4-digit date, numbers reasonably clear, but still flat
• Some of LIBERTY is distinct from rim, other letter tops blend
• About 1/3 of horn shows
• Reverse rim just barely separates from motto and mintmark

Primary considerations at the F-12 grade level:
• 4-digit date, numbers reasonably clear, but still flat
• LIBERTY is distinct from rim, but gap is very thin
• About 1/2 of horn shows
• Buffalo upper back detail begins to come into focus
• Reverse rim separates from motto and mintmark

Primary considerations at the F-15 grade level:
• 4-digit date, numbers reasonably clear, but still flat
• LIBERTY is distinct from rim, but gap is very thin
• About 2/3 of horn shows
• Some reverse lettering and mimtmark start to show boldly

Primary considerations at the VF-20 grade level:
• Some date digits begin to show boldly
• LIBERTY is clearly distinct from rim
• About 3/4 of horn shows
• Most reverse lettering and mimtmark show boldly

Primary considerations at the VF-25 grade level:
• Some date digits begin to show boldly
• LIBERTY is clearly distinct from rim
• About 80% of horn shows
• Nearly all reverse lettering and mintmark show boldly

Primary considerations at the VF-30 grade level:
• Most date digits show boldly
• Most letters of LIBERTY are bold
• Ribbon ends now show completely
• Horn is complete except for tip which blends on all three sides
• All reverse lettering and mintmark are bold

Primary considerations at the VF-35 grade level:
• Most date digits show boldly
• Most letters of LIBERTY are bold
• Horn is complete except for tip which blends slightly at the front
• Most buffalo upper back detail is visible
• All reverse lettering and mintmark are bold

Primary considerations at the XF-40 grade level:
• Hints of luster may show
• All date digits bold, no longer flattened by wear
• All letters of LIBERTY are bold
• Horn completely full with tip, but details are still flat
• Only some buffalo head fur is visible

Primary considerations at the XF-45 grade level:
• Faint luster may show
• All date digits bold, no longer flattened by wear
• All letters of LIBERTY are bold
• Horn completely full with tip, about 2/3 of it is bold
• Buffalo head fur is visible but weak
• Nearly all buffalo upper back detail is visible

Primary considerations at the AU-50 grade level:
• Some mint luster remains
• Horn bold, yet buffalo head fur is missing some details
• All other details bold
• Light, even wear throughout

Primary considerations at the AU-53 grade level:
• Some mint luster remains
• Horn bold, yet buffalo head fur is missing just a few fine details
• All other details bold
• Light wear visible on coin's high points

Primary considerations at the AU-55 grade level:
• Considerable mint luster may remain
• All details bold
• Light wear visible under magnification

Primary considerations at the AU-58 level:
• Full or nearly full mint luster remains
• All details bold
• Only select high points show light wear under magnification

Primary considerations at the MS-60/1 grade level:
• No wear and full mint luster, but luster breaks due to issues
• Marking, abrasions, or other imperfections that clearly impact appearance
• Generally below average eye appeal

Primary considerations at the MS-62 grade level:
• No wear and full mint luster
• Moderate level of marking or abrasions visible
• Average or below average eye appeal

Primary considerations at the MS-63 grade level:
• No wear and full mint luster
• A few markings or abrasions visible
• Average eye appeal

Primary considerations at the MS-64 grade level:
• No wear and full mint luster
• Light marking is visible to the naked eye
• Generally average or above average eye appeal

Primary considerations at the MS-65 grade level:
• No wear and full mint luster
• Only very light marking is visible to the naked eye
• Above average eye appeal

Primary considerations at the MS-66 grade level:
• No wear and full mint luster
• Very insignificant marking found under magnification
• Well above average eye appeal

Primary considerations at the MS-67 grade level:
• No wear and full mint luster
• Nearly perfect, with only the most minor imperfections found under magnification
• An extremely attractive coin
Image Courtesy of Professional Coin Grading Service (PCGS.com).