$2.50 Indian Head Gold Coins (XF - Extra Fine)

$2.5 Indian Head Gold Coins XF

Grade Definition

"XF" is a contraction for the denotation of "Extremely Fine". On the Sheldon Scale, which was created in 1949 by Dr. William H. Sheldon, which ranges from 1 on the low end to 70 on the high end, XF coins fall in the 35-45 range. These coins were circulated in common day to day transactions, held as savings, and often given as gifts. An XF coin will show use and wear, but will still be a pleasing example of the coin.

Specifics of the Grade

Due to the relatively unique "Incuse" or stamped design of this gold piece, grading is a bit unique as well. These coins have a rather large "Field" or flat area on the coin where there is no design, and this where marks, dings and nicks tend to occur on this coin, and a   $2 1/2 Indian in XF grade will show much more wear in these areas than an uncirculated, or MS 60+ grade coin will. The coin may also seem a bit dull in sheen in the XF grade also.