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Pillar of the Community
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1230 Posts
 Posted 01/02/2018  9:37 pm  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
I just can't fathom someone sitting at PCGS & NGC looking at hundreds of fresh minted coins to see if they are MS/PR70 or 69...

Their eyes must roll after couple of hours
"Wisdom is not a product of schooling but of the lifelong attempt to acquire it."
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55918 Posts
 Posted 01/03/2018  08:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I just can't fathom someone sitting at PCGS & NGC looking at hundreds of fresh minted coins to see if they are MS/PR70 or 69...
We have had this discussion a few times before, but I cannot tell a 69 from a 70. I often wonder if this is the case for most graders and they are not just randomly giving out 70s at some predetermined ratio.
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401 Posts
 Posted 01/03/2018  1:58 pm  Show Profile   Check BadDog's eBay Listings Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
... but I cannot tell a 69 from a 70.


Neither can I, that's why I buy 69s
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55918 Posts
 Posted 01/03/2018  4:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I just started buying PCGS Ikes last year. All of the proofs are 69.
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6759 Posts
 Posted 01/13/2018  01:37 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
MS/PF-70's don't exist.

An imperfect process cannot produce a perfect product.

I would still like to have a slabbed MS/PF-70 Jeff, though.
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Bedrock of the Community
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10181 Posts
 Posted 01/13/2018  08:05 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
MS/PF-70's don't exist.

An imperfect process cannot produce a perfect product.


Calling 70s perfect was the mistake. It's hard for people to separate out actual perfection (which is impossible in anything) and a perfect grade. They are two different things
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8110 Posts
 Posted 01/13/2018  08:25 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I changed my view of the 70 designation a while ago. For me it means the coin is as good as it gets based on the overall process that it was produced in and because of this MS70 and PR/PF70 are very different when it comes to the amount and severity of vey minor imperfections. There is no such animal as a perfect coin and if 70 meant absolutely perfect there should be none graded as such.
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