Kagin’s Off ers & PCGS Certifi es Inaugural 2021-22 Spanish Doubloon Gold Bullion Coins

Full Steps for Jeff erson Nickels

Full Steps (FS) PCGS designates Full Steps for Jeff erson Nickels that grade MS60 or better and show a full fi ve or six steps in the portrait of Monticello (Th omas Jeff erson’s home) on the reverse. To qualify for this designation, a coin must also have nomajor disturbances, including cuts and marks, to the separation of the steps. Full Bands for Mercur y Dimes

Full Bands (FB) PCGS designates Full Bands for Mercury Dimes that grade MS60 or better and show full separation of the central crossbands on the crossbands on the reverse. To qualify for this designation, a coin must also have no major disturbances, including cuts and marks, of the separation of the crossbands. Full Bands for Roosevelt Dimes

Full Bands (FB) PCGS designates Full Bands for Roosevelt Dimes that grade MS60 or better and show full separation of the upper and lower horizontal bands of the torch on the reverse. To qualify for this designation, a coin must also show no signifi cant cuts or marks across the horizontal bands. Full Head for Standing Liberty Quarters

Full Head (FH) PCGS designates Full Head for Standing Liberty Quarters that grade AU50 or better and show full detail of Miss Liberty’s hair (on Type Ones) or helmet (on Type Twos); Type Ones (1916-1917) must show a distinct separation between the hair cords and the cap. Type Twos (1917-1930) must show three complete and distinct leaves to the helmet, a complete outline to the bottom of the helmet, and a distinct ear hole. Note that on the ultra-rare 1918/7-S, PCGS will designate Full Head on coins that grade XF40 or better and that meet the Full Head criteria. Full Bell Lines for Franklin Half Dollars

Full Bell Lines (FBL) PCGS designates Full Bell Lines for Franklin Half Dollars that grade MS60 or better and show full separation of the lines on the bottom of the Liberty Bell on the reverse. To qualify for this designation, a coin must also show no major disturbances, including cuts and marks, of the separation of the bell lines. Prooflike Surfaces

Prooflike (PL) PCGS designates Proofl ike for coins that grade MS60 or better and show clear refl ectivity, i.e. mirrored surfaces at a distance of two to four inches. If the cartwheel eff ect or striations cause an area to lose clarity, the designation will not apply.

Proofl ike Surfaces

Deep Mirror Proofl ike (DMPL) PCGS designates Deep Mirror Proofl ike for Morgan Dollars that grade MS60 or better and show deep refl ectivity, i.e. deeply mirrored surfaces. Th e diff erences between PL and DMPL is one of degree.

No Grade Coins PCGS does not grade coins that are counterfeit, have been artifi cially toned, have had their surfaces altered, have been environmentally damaged, have been abrasively cleaned, have extremely large scratches, or have been repaired. Some allowances are made for ultra-rarities, Colonials, and Territorial gold coins, in which there are some instances when “net grading” is used by PCGS as a service to the numismatic community. PCGS Holder

No Grade coins are returned to the submitter with encapsulation.

Code Reason

82 Filed Rims 91 Questionable Color 92 Cleaning 93 Planchet Flaw 94 Altered Surfaces 95 Scratches 97 Environmental Damage 98 Damage No PCGS Holder

No Grade coins are returned to the submitter without encapsulation.

Code Reason

83 Peeling Lamination 86 Authenticity Unverifi able 90 Counterfeit 96 No Service 99 PVC Residue

Would you like further information about the PCGS Grading Standards, Designations, and No Grade Standards? View high-resolution images and in-depth videos for each at www.PCGS.com/grades. For PCGS Banknote grading standards visit www.PCGS.com/banknote/grades. Cameo Proofs

Cameo (CA M) PCGS designates Cameo for brilliant proofs that show light to moderate frosting of the devices. Both sides of a coin must have frosted devices to earn the Cameo designation. Deep Cameo (DCA M) PCGS designates Deep Cameo for brilliant proofs that display deep, even frosting on the devices of both sides of the coin.