| Author |
 Replies: 96 / Views: 9,223 |
|
|
|
Pillar of the Community
United States
1109 Posts |
Quote:
Old time collectors, and thankfully some new collectors as well, do not fall into the trap
of "modern perfection" and instead, seek out decent examples of older coins. I kind of agree here. I mean, I went to my LCS today and they had a 1918 Lincoln Cent graded MS62RB for $34.00. They had one graded MS61RB for $22.00. I didn't even flinch when I got the MS61. I think it has more eye appeal than the 62 and besides, it saved me $12.00. I am not interested in someone else telling me a 70 is "perfect". I will find my own "perfect" coins I like. HOWEVER I will say if someone wants the absolute best example of a coin, and they are willing to pay for it, I don't fault them if that's what they want for their set. |
|
Pillar of the Community
 United States
2311 Posts |
@Sky, I would have done the same thing. @Steve, some of my Proof Kennedy's look very perfect. I would think they might grade PR-69 with PCGS and PR-70 with NGC. ( This is also more of an example on how I feel) Also, who said's there isn't any such thing as perfect coin? Wouldn't a coin without scratches and marks be a prefect coin? It don't need to have the label 70 to create the feeling "prefect coin". @Basebal, I am getting at what you mean. Because ebay has just so many NGC 70's. I learned to just stay away from them. I want only PCGS slabbed coins from now on. ANACS holders are just ugly. Edited by solotime
07/13/2013 6:18 pm
|
|
Valued Member
United States
213 Posts |
A coin grade is an opinion, so whether or not a coin is perfect is just an opinion.
|
|
Valued Member
United States
213 Posts |
@solotime I actually think some of the newer ANACS holders are decent looking. They kind of have some flavor in them over the plain NGC ones.
|
|
Pillar of the Community
United States
2311 Posts |
When I first started collecting coins, I always thought MS-65 was the highest and only grade. Later I learned about grade 70. I would think any grades over 65 would be high priced and valuable. So as I created this thread and checked threw thousands of listing I started to see those grades don't create the feeling they would if you had a MS-65 coin. (Classic) Almost every proof coin will get the grade PR-69, it's just not fun to even be around those grades anymore. I love having MS-65 buffalo's because they give a better feeling. I always thought proof coins were overrated though. I will be creating a thread about my options on proofs. I'll post the link here. @Collect, I like the yellow label but the holders look cheaply made or something. This link is for the proof thread. https://goccf.com/t/153723Edited by solotime
07/13/2013 6:44 pm
|
|
Bedrock of the Community
13014 Posts |
Quote:
@solotime I actually think some of the newer ANACS holders are decent looking. They kind of have some flavor in them over the plain NGC ones. I do kind of like the yellow label over an all white ngc slab for the look, I dont like the curved top though. I also agree with Solo when you feel an ANACS slab the plastic feels cheap compared to PCGS and NGC, for what its worth theyre also by far the easiest to crack open. |
|
Moderator
 United States
190060 Posts |
Quote:
I've always believed that a "70" was a hypothetical grade.
There is no such thing as a perfect coin.
Period, end of report.
 Quote:
A coin grade is an opinion, so whether or not a coin is perfect is just an opinion. |
|
Valued Member
United States
377 Posts |
Quote:
A coin grade is an opinion, so whether or not a coin is perfect is just an opinion. I am not sure how a coin with no imperfections under magnification can be considered an opinion, if the imperfections are not there then, they are not there |
|
Moderator
United States
190060 Posts |
They are not there if you do not see them, explain them away, or choose to ignore them. It can also be said that they are there if you see them or otherwise imagine them, making the coin a 69, not a 70. I have seen both, a 69 where I could not find a mark, and a 70 with an obvious (to me) imperfection which was explained away as an illusion or "a natural blemish to be expected from the process." Okay, if you say so.  |
|
Pillar of the Community
United States
7840 Posts |
It depends HEAVILY on which TPG grades the coin. PCGS seems to be a little tougher than NGC who is tougher than ANACS who is...etc... I doubt that I would shell out multiple amounts of money on a "70" which I would need some heavy duty magnification to differentiate from a "69" coin. Edited by oih82w8
07/15/2013 3:29 pm
|
|
Pillar of the Community
United States
9796 Posts |
It is my opinion that there is no coin that is really a MS70, at least not one minted before 1990.  I don't buy them, I don't really care about them. To those that do, cool, that is your prerogative.  My opinion means nothing...  I think it's all just a marketing gimmick put on by the TPGs to sell more modern coin issues and get people to submit coins to them hoping for that coveted grade. Not entirely a bad thing if it get's more collectors into our hobby after all, just don't expect me to buy into it. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Pillar of the Community
United States
1795 Posts |
@solotime a very nice buy for $8 dollars....Wow
|
|
Pillar of the Community
United States
1795 Posts |
As Eric Clapton with the group Cream once sang "Do What You Like"; I suppose you could say that with coin collecting. Thats what makes our hobby unique....yes!
|
|
Valued Member
United States
293 Posts |
Pay attention to what basebal21 wrote. The MS-69's are bascially the rejects when the large coin companies make a bulk submission. If they send a 100 coins of ASE they need only some of the coins to make 70 and that pays for grading the whole lot. Then the 69s they have little if any cost in them at all beyond the metal. This MS-70 craze is a bubble and it WILL BURST. The Whammy will take several people to the cleaners. You just don't want to have to meet him. It would sort of be like meeting the Grim Reaper on BBC's Stupid Deaths yeah like Franz Reichert. |
|
Bedrock of the Community
13014 Posts |
Quote:
This MS-70 craze is a bubble and it WILL BURST. Its already made some adjustments. Brand new 70s like the 2013 ASEs dont have a huge premium like their older counter parts which have held strong. The mint is slowly eroding what future ones will bring for non special issue things with how good their products quality has become. As far as the whole thing bursting, its been around a while and hasnt. I havent seen anything in that market other than the brand new ones premiums fading when the coins do too well that leads me to believe itll come crashing down. When the mint has poor quality on a series you see a more substantial premium return. |
| |
Replies: 96 / Views: 9,223 |
First Page
Previous Page
Posted 07/13/2013 6:16 pm
