The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of a coin's quality. The American Numismatic Association based its Official ANA Grading Standards in large part on the Sheldon scale. [1] The scale was created by William Herbert Sheldon.
In 1949, the original scale was first presented in Dr. William H. Sheldon's Early American Cents, 1793–1814 titled "A Quantitative Scale for condition" as a way to grade Large cents. The scale is known today as the Sheldon scale. [2]
# | Grade |
---|---|
1 | Basal State-1 |
2 | Fair |
3 | Very Fair |
4, 5, 6 | Good |
7, 8, 10 | Very Good |
12, 15 | Fine |
20, 30 | Very Fine |
40 | Extremely Fine |
50 | About Uncirculated |
60 | Mint State |
65 | Mint State |
70 | Mint State |
By 1953 the original Sheldon scale had become outdated. It was not until the 1970s, however, that the ANA chose to adapt the scale for use on all US coins. [3] The scale used today is a modification of the original Sheldon scale, with added adjustments, additions, deletions, and modifications to it. [4] [5]
Note: Some early American coin varieties are almost always found to be weakly struck in places. This does not bring the grade of these coins down as in some cases no flawless coin exists for the variety. Early coins in general usually have planchet quality issues which depending on severity and market conditions can bring the grade down for other coins. [6] [7]
# | Grade | Grade code(s) | Description |
---|---|---|---|
1 | Poor | PO | Clear enough to identify, date may be worn smooth with one side of the coin blanked. Coins that are very badly corroded may also fall under this category. |
2 | Fair | FR | Some detail shows |
3 | About Good | AG | Readable lettering although very heavily worn. The date and design may be worn smooth. |
4 | Good | G, G4 | Rims of the coin are slightly worn, design is visible, but faint in areas, with many parts of the coin worn flat. Peripheral lettering nearly full. |
6 | Choice Good | G+, G6 | Rims of the coin are complete. Peripheral lettering is full. |
8 | Very Good | VG, VG8 | Slight detail shows, with two to three letters of the word LIBERTY showing in coins with this feature. |
10 | Choice Very Good | VG+, VG10 | Slightly clearer design-features, with five or possibly six letters of the word LIBERTY showing in coins with this feature. |
12 | Fine | F, F12 | Some deeply recessed areas show detail. All lettering is sharp. The letters in the word LIBERTY show completely in coins with this feature, but may be weak. Moderate to considerable, but even wear throughout the coin. |
15 | Choice Fine | F+, F15 | Slightly more detail in the recessed areas of the coin. |
20 | Very Fine | VF, VF20 | Moderate wear on the higher surface features. |
25 | Very Fine | VF25 | All lettering and major features are sharp. Light to moderate, but even wear is seen on the surface and high points of the coin. |
30 | Choice Very Fine | Ch.VF, VF+, VF30 | All lettering and major features are sharp. Light, but even wear is seen on the surface and high points of the coin. |
35 | Choice Very Fine | Ch. VF, VF+, VF35 | All lettering and major features are sharp. Light, but even wear is seen on the surface and high points of the coin. Traces of mint luster may show. |
40 | Extremely Fine/Extra Fine | Ex. Fine, EF40 | Overall sharpness. Light wear seen at the highest points of the coin. Details of the coin are sharp. Traces of mint luster may show. |
45 | Choice Extremely Fine | Ch. Ex. Fine, EF45 | Slight, overall wear is seen at the highest points of the coin (examples being raised features). All the details are full and very sharp. Mint luster may show only in protected areas of the coin's surface (Such as between the star points). |
50 | About Uncirculated/Almost Uncirculated | AU, AU50 | Traces of wear at the highest points of the coin. At least half of the original mint luster remains. |
55 | Choice About Uncirculated | Ch. AU, AU55 | Three-fourths of the original mint luster remains. |
58 | Choice About Uncirculated | Ch. AU, AU58 | Almost all of the original mint luster remains |
Mint State refers to a coin minted for regular distribution that was never actually put into circulation, i.e., it was never used for daily commerce; it is uncirculated. [4] Since individuals never used these coins to purchase goods or services, the coins were not handed from one person to another; they were not jumbled up with other coins in pockets or purses; and they were not repeatedly counted—and touched—by retailers and bank personnel. Consequently, uncirculated coins should not show signs of wear. [lower-greek 1]
In modern-day United States numismatics, collectors, coin dealers, and third-party grading services grade mint state coins using a number from 60 to 70 inclusive, with 70 representing a perfect coin with no visible blemishes. Coins in the lower grade range (60-63), are usually unworn, and may suffer from weak striking, bag marks and other defects that make them less attractive to the collector. Some Mint State early coins appear to be circulated due to weak strikes, die cracks, planchet problems, or metal quality. There are a few United States coins for which no mint state specimens exist, [10] [11] such as the 1792 silver dime, and the 1802 Draped Bust (Heraldic Eagle reverse) silver half dime. [12] [13] [14]
Coin dealers and individual coin collectors often use adjectives—with or without an accompanying Sheldon numerical grade—to describe an uncirculated coin's grade. The term Brilliant Uncirculated (often abbreviated as BU) is probably the most common—and the most ambiguous—of such adjectives. [15] [16] While Brilliant Uncirculated(BU) ought to refer to an uncirculated coin that retains its original mint luster, some equate BU with Uncirculated, i.e., they might refer to an MS-60 coin with little or no effulgence (brightness) as Brilliant Uncirculated. Along these lines, some numismatists argue that an unscrupulous subset of coin dealers mislead customers by using adjectival grades without defining their terms. [17] At the same time, there appears to be at least some consensus [18] [19] [20] [21] [22] [23] in the numismatic community for the following definitions.
Adjectival Grade | Equivalent Numerical Grade |
---|---|
Uncirculated | MS-60, MS-61, MS-62 [lower-greek 2] |
Select or ChoiceUncirculated | MS-63 |
Choice Uncirculated | MS-63, MS-64 |
Gem Uncirculated | MS-65, MS-66 |
Superb Gem Uncirculated | MS-67, MS-68, MS-69 |
Perfect Uncirculated | MS-70 |
However, bear in mind that if a coin dealer advertises a coin as "Gem Uncirculated", it does not necessarily mean that a third-party coin grading company would assign an MS-65 or MS-66 grade to the coin. [lower-greek 3]
# | Grade | Grade code | Description [5] |
---|---|---|---|
60 | Mint State 60 | MS60 | Unattractive, dull or washed-out, mint luster typify this coin. There may be many large detracting contact marks (bag nicks), or damage spots, but absolutely no trace of wear. There could be a heavy concentration of hairlines (minute scratches to a coin's surface), or unattractive large areas of scuff-marks. Rim nicks may be present, and eye appeal is very poor. Copper coins may be dark, dull and spotted. |
61 | Mint State 61 | MS61 | Mint luster may be diminished or noticeably impaired, and the surface has clusters of small contact marks throughout. Hairlines could be very noticeable. Scuff-marks may show as unattractive patches on large areas or major features. Small rim nicks, striking or planchet defects may show, and the quality may be noticeably poor. Eye appeal is unattractive. Copper pieces will be generally dull, dark and possibly spotted. |
62 | Mint State 62 | MS62 | Impaired or dull luster may be evident. Clusters of small marks may be present throughout with a few large marks or bag nicks in prime focal areas. Hairlines may be very noticeable. Large unattractive scuff-marks might be seen on major features. The strike, rim and planchet quality may be noticeably below average. Overall eye-appeal is generally acceptable. Copper coins will show a diminished color and tone. |
63 | Mint State 63 | MS63 | Mint luster may be slightly impaired. Numerous small contact marks, and a few scattered, heavy marks may be seen. Small hairlines are visible without magnification. Several detracting scuff marks or defects may be present throughout the design or in the fields. The general quality is average, but overall, the coin is rather attractive. Copper pieces may be darkened or dull. |
64 | Mint State 64 | MS64 | Coin has good, overall average luster and even strike for the type. Several small contact marks in groups, as well as one or two moderately heavy marks may be present. One or two small patches of hairlines may show under low, (3-4x) magnification. Noticeable, light, scuff marks or defects may be seen within the design or in the field. Attractive overall quality with a pleasing eye appeal. Copper coins may be slightly dull. |
65 | Mint State 65 | MS65 | Coin shows an attractive high quality of luster and strike for the date and originating mint. A few, small, scattered, contact marks, or two larger marks may be present, and one or two small patches of hairlines may show under (5x+) magnification. Noticeable, light, scuff marks may show on the highest points of the design features. Overall quality is above average and eye appeal is very pleasing. Copper coins have full luster with original or darkened color. |
66 | Mint State 66 | MS66 | Coin has above average quality of strike and full original mint luster, with no more than two or three minor, but noticeable, contact marks. A few very light hairlines may show under (6x+) magnification, or there may be one or two light, scuff marks showing on frosted surfaces or in the field. The eye appeal must be above average and very pleasing for the date and originating mint. Copper coins display full original or lightly toned color. |
67 | Mint State 67 | MS67 | Coin has a sharp strike with full, original luster, May have three or four very small contact marks and a single, more noticeable, but not detracting mark. On comparable coins, one or two small single hairlines may show under (6x+) magnification, or one or two partially hidden scuff marks or flaws may be present. Eye appeal is exceptional. Copper coins have lustrous original color. |
68 | Mint State 68 | MS68 | Coin has a sharp strike with full original luster, with no more than four, lightly-scattered, contact marks or flaws. No hairlines or scuff marks show. Copper coins have lustrous original color. Eye appeal is exceptional. |
69 | Mint State 69 | MS69 | Coin has a sharp strike with full original luster, with no more than two small non-detracting contact marks or flaws. No hairlines or scuff marks are visible. Eye appeal is exceptional. |
70 | Mint State 70 | MS70 | The "perfect coin", as minted. Has no trace of wear, handling, scratches or contact with other coins from a (5x) magnification. Coins in this grade are almost non-existent in older coins with very few examples known. Copper coins are bright with full original color and luster. Eye appeal is exceptional. |
Like circulated grades, proof coins are graded on the Sheldon scale from 1 to 70, and are preceded by the abbreviation ‘PF’ or ‘PR’ to distinguish them from circulation strikes. Proof coins graded 60 to 70 are mirrored to those of Uncirculated grades with the difference that the coin was not made for circulation. Proof coins with the grade of PR-63 are sometimes called "Choice Proofs". [25] Proof coins that are below the grade of 60 and show signs of circulation or mishandling have been classified as Impaired Proofs, these are not included alongside circulated coins as they were never issued or intended for circulation in the first place. [26] Coins in impaired proof condition include coin patterns which accidentally found their way into circulation.
# | Grade | Grade code(s) | Description |
---|---|---|---|
1 - 59 | Impaired Proof | PR-45 | Grades for impaired proofs mirror those for circulated grades. |
60 | Proof | PR, PR-60 | Grade mirrors uncirculated grade. (See chart in above section) |
63 | Proof | PR-63 | Grade mirrors uncirculated grade. |
65 | Proof | PR-65 | Grade mirrors uncirculated grade. |
67 | Proof | PR-67 | Grade mirrors uncirculated grade. |
70 | Proof | PR-70 | Grade mirrors uncirculated grade. |
The following table shows coins that have detracting features. Coin dealers will normally grade these coins at or below the ones shown for that respective type, the grades here depend on how bad the issue or issues are. [27] Grading services typically label these coins as "authentic" with x grade "details" (ex: "EF details"). Coins that are uncirculated as mentioned above can not go below an MS-60 grade.
Type [27] | Grade usually given [27] | Description |
---|---|---|
Adjustment Marks | MS66 and lower | These include mostly early coins, excess metal (such as silver and gold) was cut from overweight coins to conform to weight laws. [28] |
Planchet defects | MS65 and lower | Planchet defects such as die cracks or lamination are caused by flaws in a coin's metal before it was struck. Some "established planchet defects on early copper" may be more accepting by grading services. [29] |
Striking defects | MS64 and lower | Examples include coins that are struck off center, have porosity, color impurity, or are weakly struck. The issue or issues are dependent on severity, and the resulting grade is caused by the "reality of the market". [7] (see entry below) |
Unattractive toning | MS64 and lower | Depending on conditions. Coins that have very low eye appeal will be affected as the market value of these coins cannot warrant a higher grade. [30] |
Carbon streaks | MS64 and lower | Carbon streaks are a flaw caused by environmental conditions. Some contributing factors include coin storage in a damp place, or exposure to cigar or cigarette smoke. [31] |
Fingermarks | MS63 and lower | Oils exist in human fingerprints which can leave marks on the surface of a coin. These marks are usually the result of mishandling. [32] |
PVC damage | MS63 and lower | Improperly stored coins in vinyl 2x2 flips, older albums, and coin holders. Green and gray streaks and/or spots appear on the surface of an affected coin. [33] |
Black spots | MS63 and lower | Also known as sulfur spots, these coins are given dark brown to black spots by sulfur in the environment. These black spots have also been incorrectly dubbed as carbon spots, but carbon does not contribute to oxidation. [34] |
Slide marks (aka "rub") | MS63 and lower | Slide marks are caused by improperly placing a coin into an album that contains plastic strip slides. The marks are given as the plastic slides or rubs across the surface of a given coin. [35] |
Overdipping | MS62 and lower | These coins were dipped into a dilute acid solution too many times which stripped the coin's surface of luster. [36] |
Cleaning marks | MS62 and lower | See: Cleaning (coinage) |
Corrosion spots | MS62 and lower | Copper coins can turn green, while silver coins turn black from oxidation. |
Wear | AU58 and lower | By definition an uncirculated coin will show no trace of wear. |
Whizzing | AU50 and lower | These coins were gone over with a metal or wire brush to "enhance" the uncirculated details. Whizzing causes damage and wear to the surface of a coin which lowers its grade to "circulated" status. [27] [37] |
Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors include beautiful, rare, and historically significant pieces. Collectors may be interested, for example, in complete sets of a particular design or denomination, coins that were in circulation for only a brief time, or coins with errors. Coin collecting can be differentiated from numismatics, in that the latter is the systematic study of currency as a whole, though the two disciplines are closely interlinked.
1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. The unique composition of the coin has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909.
Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been developed. Certification services professionally grade coins for tiered fees.
The quarter, short for quarter dollar, is a Canadian coin worth 25 cents or one-fourth of a Canadian dollar. It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice, it is usually called a "quarter", much like its American counterpart. In Canadian French, it is called a caribou. The coin is produced at the mint's facility in Winnipeg, Manitoba.
The Canadian fifty-cent coin is a Canadian coin worth 50 cents. The coin's reverse depicts the coat of arms of Canada. At the opening ceremonies for the Ottawa branch of the Royal Mint, held on January 2, 1908, Governor General Earl Grey struck the Dominion of Canada's first domestically produced coin. It was a silver fifty-cent coin bearing the effigy of King Edward VII.
The Kennedy half dollar, first minted in 1964, is a fifty-cent coin issued by the United States Mint. Intended as a memorial to the assassinated 35th president of the United States John F. Kennedy, it was authorized by Congress just over a month after his death. Use of existing works by Mint sculptors Gilroy Roberts and Frank Gasparro allowed dies to be prepared quickly, and striking of the new coins began in January 1964.
Numismatic Guaranty Company (NGC) is an international third-party coin grading and certification service based in Sarasota, Florida. It has certified more than 60 million coins. NGC certification consists of authentication, grading, attribution, and encapsulation in clear plastic holders. NGC is a subsidiary of Certified Collectibles Group (CCG), which owns six collectible certification services and is in turn owned by Blackstone, a multibillion-dollar New York City hedge fund.
The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. As of 2019 the mint holds 22% of the United States' gold reserves, or approximately 54,000,000 troy ounces (1,700,000 kg). The mint at West Point is second only to the gold reserves held in secure storage at Fort Knox. Originally, the West Point Mint was called the West Point Bullion Depository. At one point it had the highest concentration of silver of any U.S. mint facility, and for 12 years produced circulating Lincoln cents. It has since minted mostly commemorative coins and stored gold.
This glossary of numismatics is a list of definitions of terms and concepts relevant to numismatics and coin collecting, as well as sub-fields and related disciplines, with concise explanations for the beginner or professional.
The 1792 half disme is an American silver coin with a face value of five cents which was minted in 1792. Although it is subject to debate as to whether this was intended to be circulating coinage or instead an experimental issue, President George Washington referred to it as "a small beginning" and many of the coins eventually were released into circulation. It is widely considered the first United States coinage struck under authority of the Coinage Act of 1792.
The term uncirculated coin can refer to three things:
One of the most profitable aspects of the Royal Canadian Mint (RCM) is its numismatic product line. The first numismatic coin from the RCM was arguably the 1935 dollar commemorating the Silver Jubilee of King George V. Though intended for circulation, it was the first Canadian coin commemorating an event. The decision to issue this coin was made in October 1934 by Prime Minister R. B. Bennett. There were economic and patriotic motivations for the release of a silver dollar, including a hope to boost the silver mining industry. In future years, the silver dollar would have a more emotional meaning for many Canadians because it was also the first coin to have the Voyageur motif on its reverse.
Third-party grading (TPG) refers to coin grading & banknote grading authentication, attribution, and encapsulation by independent certification services.
The Classic Head $2.50 gold coin is an American coin, also called a quarter eagle, minted from 1834 to 1839. It features Liberty on the obverse and an eagle on the reverse.
The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen specimens are currently known to exist. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat.
A coin set, or mint set, is a collection of uncirculated or proof coins, released by a mint. Such sets are usually released annually and often called a year set. They include sets of all the circulating coins of that year, as well as sets of commemorative coins.
Coin cleaning is the controversial process of removing undesirable substances from a coin's surface in order to make it more attractive to potential buyers. The subject is disputed among the numismatic community whether cleaning coins is necessary. Those that argue in favor of cleaning are also in dispute on which methods work best. It was once common practice to clean coins as the method was recommended by experts in the field. Solutions from pencil erasers to wire brushes and potassium cyanide were all used as cleaning agents with the goal to make the coin look brilliant again. When certified grading came into use in the mid 1980s though, the practice of cleaning coins diminished over time. Most coin experts have since come out against cleaning coins, as doing so can negatively affect them both in grade and value. If a potentially valuable coin must be cleaned then professional work is recommended. Commonly found coins are mentioned as ideal candidates for any attempted cleaning experiments.
The United States Mint Proof Set, commonly known as the Proof Set in the United States, is a set of proof coins sold by the United States Mint. The proof set is popular with coin collectors as it is an affordable way to collect examples of United States coinage in proof condition.
The United States Uncirculated Coin Set, known as the Uncirculated Set or Mint Set in the United States, is an annual coin set sold by the United States Mint. The set is marketed towards coin collectors as a way to obtain circulation coins in mint condition.
The 1893-S Morgan dollar is a United States dollar coin struck in 1893 at the San Francisco Mint. It is the lowest mintage business strike Morgan dollar in the series. The 1893-S is considered to be a key date in the Morgan dollar series: examples of the coin in both mint state and in circulated condition are valuable.
{{cite book}}
: CS1 maint: others (link)The finest known 1792 Silver Disme AU50 PCGS ... realized an impressive $998,750 final price...
Half dimes of this era are scarce, with 1802 being a prime rarity. Most surviving examples of various 1800-1805 dates are seen in lower ranges of condition, from About Good to Very Good or so. Fine specimens are not easy to locate, Very Fine pieces are still more elusive, and Extremely Fine coins are rare. Strictly Uncirculated pieces are extremely rare. Those that do come on the market are apt to be dated 1800. Uncirculated specimens dated 1801, 1802, 1803 and 1805 are exceedingly rare or non-existent. (No pieces were coined in 1804.)
The majority of pieces surviving today are dated 1800, and nearly all of the AU or finer coins are of this date.
... the designation BU (Brilliant Uncirculated) is frequently used to describe uncirculated coins. Because of the absence of a numerical grade, this term is ambiguous at best. Often, coins that are offered as BU may in reality be AU (About Uncirculated) by strict definition.
Brilliant Uncirculated - Refers to a coin which has not been circulated and which still retains the majority of its original mint luster. Sometimes "Uncirculated" and "Brilliant Uncirculated" are used interchangeably. However "Brilliant" [should] not be applied to a coin which has significant defects impairing its eye appeal or which is lacking in luster.
I am concerned that some advertisers in widely read 'print' coin publications are selling uncertified coins as 'Choice' (implied or thought to be MS-63 or higher), Very Choice (thought to grade MS-64), or Gem Uncirculated (thought to be MS-65 or higher) that do NOT come close to qualifying for such grades.
The ANA has not established equivalent official adjectives for the listings within the MS-60 to MS-70 range. Commercially, MS-70 coins are often called Perfect Uncirculated, MS-65 coins are often called Gem Uncirculated, and MS-63 coins are Choice Uncirculated.
{{cite book}}
: CS1 maint: others (link)Common adjective grading usually maps to the following Mint State grades: Uncirculated (MS-60, MS-61, MS-62): A technically uncirculated coin with abundant and noticeable defects such as bag marks and scrapes. It is usually accompanied by a poor strike and dull mint luster. Select Uncirculated (MS-63): An uncirculated coin with fewer deficiencies and better eye appeal been lower Mint State grades. Choice Uncirculated (MS-64): These coins have moderate distracting bag marks and/or very few, but noticeable, light scratches due to handling. Eye appeal will be good, but not outstanding. Gem Uncirculated (MS-65, MS-66): any uncirculated coin with only minor and light distracting marks or imperfections. Strike and eye appeal will be above average for the coin type.
Choice Uncirculated - An Uncirculated coin grading MS-63 or MS-64. ... Gem Uncirculated - The adjectival equivalent of Mint State 65 or 66.
Sheldon Scale - The modern numerical grading scale used for grading coins. The scale was created by American numismatist Dr. William H. Sheldon in 1949. This scale has become widely known and firmly accepted as the standard for coin grading in the US. The scale runs from 1 to 70 as follows: ... MS-60 - Uncirculated, ... MS-63 - Choice Uncirculated ... MS-65 - Gem Uncirculated ... MS-67 - Superb Gem Uncirculated
UNCIRCULATED is often paired with the additional qualifiers of BRILLIANT, CHOICE, or GEM. NGC considers BRILLIANT UNCIRCULATED to be any coins that would grade from 60-70 on the Sheldon Grading Scale. CHOICE UNCIRCULATED is considered to be any coins that would grade from 63 to 70 and GEM UNCIRCULATED is used for coins that would grade from 65 to 70.
Coins with no wear at all are alternately referred to as Uncirculated (Unc.), Brilliant Uncirculated (BU), and Mint State (MS). ... It is important to note that Uncirculated and similar terms refer only to the fact that the coin has no wear. The presence or absence of bagmarks, toning (discoloration), or a strong strike does not affect a coin's Uncirculated status, although such things can affect the numerical grade of the coin. ... Uncirculated (MS-60, 61, 62) ... Although most price guides will give a price for coins in MS-60 condition, in many cases this is a very unusual grade, with typical uncirculated pieces often grading somewhere in the MS-62 to MS-64 range depending on the series. Select Uncirculated (MS-63) ... Choice Uncirculated (MS-64) ... Choice Uncirculated is sometimes used to refer to a coin grading MS-63. Gem Uncirculated (MS-65, 66) ... Superb Gem Uncirculated (MS-67, 68, 69) ... Perfect Uncirculated (MS-70): An utterly flawless coin.
... grading is, always has been, and will forever admit of a generous proportion of, old-fashioned opinion. What is Gem Uncirculated or Mint State-65 to one expert can legitimately be viewed as a lower grade, MS-64 by another expert, and MS-66 by yet another. This is because grading is interpretive, not an exact science.
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: CS1 maint: location missing publisher (link)Album slide marks: Lines (often parallel) imparted to the surface of a coin by the plastic "slide" of an album, mostly found on proof coins.