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Banknote Blog

Grading 101: What PCGS and NGC Mean and How They Determine a Coin's Value

Grading 101: What PCGS and NGC Mean and How They Determine a Coin's Value

The $50 vs. $5,000 Silver Dollar: Unlocking the Secret of Numismatic Value Imagine two 1881-S Morgan Silver Dollars resting side-by-side. To the casual observer, they appear identical. Both are struck from 90% silver, bear the same iconic design of Lady Liberty, and possess the same historical weight. Yet, one of these coins holds a modest value of around $50, while the other commands a price tag of over $5,000. This is not a hypothetical scenario; it is a daily reality in the numismatic market …
Sep 29th 2025 - C. Jennings