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Odds Of An Unc Coin Grading MS-65?

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edweather's Avatar
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 Posted 10/15/2013  11:41 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
Is there a resource that tells what the chances are that X coin will grade MS65, etc? I've seen, for instance PCGS populations, but that would be the chances for 'submitted' coins. I was looking for odds over the entire population. I have a few coins that I know are unc's, and I could probably grade them, give or take, within a grade or 2, but the upper grades are subtle. Thanks. Ed.

Moderator please move this thread if it's in the wrong spot.
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cc99999's Avatar
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 Posted 10/16/2013  12:09 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
tell me the coin and the date. depends on many different factors, but I can give you a guess.
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BH1964's Avatar
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 Posted 10/16/2013  01:23 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
No. Such a resource does not exist and would have no value if it did exist. Unless every known uncirculated coin were submitted for grading, then the sample results would be invalid or heavily skewed.

Certain series have better likelihood of grading high MS than others. Learn the ins and outs of grading and you'll get a good idea of whether or not a particular coin has a chance at being a gem.
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sel_69l's Avatar
Australia
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 Posted 10/16/2013  02:41 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Most current freshly issued for circulation coins would grade nowhere near MS65. Business strike coins are meant to be highly utilitarian, and are treated very roughly by everyone, including the mint, from the instant they are ejected from the coining presses.

In Australia at least, every coin has at least 5 or 6 grievous bag marks, as released by the issuing commercial bank. Typical grade for these would be MS61-3. An exceptionally lucky coin, freshly issued by the bank would grade MS64, but never higher.

With coins that are made specifically for collectors, MS65 would be a typical grade for 'uncirculated' coins.

Much more care is taken in the striking and handling of proof coins. Grade in this case depends on how much care has been taken by the mint.

Personally, I think it is an exercise in futility to have proof coins graded, unless they have been impaired in any way.
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edweather's Avatar
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 Posted 10/16/2013  08:14 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Thanks very much for your responses. I have US mint and proof sets from 1977 to 1981. So since they are basically selling for very little as is, I was considering breaking them up and hoping to find a decent coin or two, like maybe a 77 or 78 Ike, 81 SBA, 77d quarter, or a Roosevelt dime with FB/FT...... But since there is only a small chance of getting anything above a 63 I should probably save my grading $ and just get what I can for them. I will take a good look at them and see if anything looks promising. Is there a good source to see the difference between the Mint States for modern United States coinage? I have just recently gotten into collecting some wheat pennies, so I am going through some old "stuff" and trying to consolidate a little.
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 Posted 10/16/2013  10:09 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
i have to agree but disagree with BH1964. It's possible to give a reasonable estimate blind with a little information.

us mint sets 1977-1981. Ike dollar 1977-1978 - MS-65 less than 10% will grade MS-65. D-mint 78s are the most likely to be MS-66- maybe one in thirty or forty sets.

susan b. anthony dollars- 1981-S is the scarcest above MS-64. MS-65 coins are generally a little better than the Ikes but not much more so.

half dollars - ms-64 is normal, ms-65 will make up 10-15%. scuffs on the high points of the cheek, hair and shield will make these grades unlikely

quarter- ms-65 is not difficult

dime- ms-65 is not difficult

nickel- harder than you think- scratches appear on cheek quite easily and destroy the eye appeal of the coin

cents- ms-63 to ms-64 is normal.

- I'd suggest you save your money for now on grading fees. instead, keep buying these mint sets until you have learned how to grade them. after about 20 or 30 sets you should be able to sort based on quality. the best coins you have will likely be in that 65 or so range you are looking for.
Edited by cc99999
10/16/2013 10:10 am
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 Posted 10/16/2013  11:37 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
Something else to consider is surface area. The smaller the surface area the less likely it is to be heavily bagmarked.
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edweather's Avatar
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 Posted 10/17/2013  01:14 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Thank you again for the information. Hope I didn't sound confusing in the beginning. Am not collecting sets, but trying to sell the few I have, in the best way possible. Will have to take a close look at them to see if any individual coin(s)looks promising. Most likely will just sell the lot on ebay. Am currently trying to fill some penny books with my 6yo son and would rather spend the $ filling some holes. Grading modern coins seems a bit futile unless there is a slam dunk involved. Thanks again. Ed
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BH1964's Avatar
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 Posted 10/17/2013  02:28 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
...Grading modern coins seems a bit futile unless there is a slam dunk involved...


That is very true Ed, very true. Good luck filling those holes with your son! Sounds like fun.
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