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 Replies: 12 / Views: 1,281 |
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Valued Member
United States
206 Posts |
I was thinking of creating a set of US coins, where all of them were graded PF70 or PR70. My questions to you are: #1 - What is the easiest set to complete? #2 - What set would be the cheapest? #3 - What grading company do you prefer? NGC, ICG, PCGS |
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Pillar of the Community
United States
3233 Posts |
I'd try for a set of PF70 3CN.
Just kidding...I had to say that. Proof 64-65 stuff is great by me as long as it has a great look!
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Pillar of the Community
 United States
5953 Posts |
Before I started my Jefferson Proof set I asked myself
Can I tell the difference between PR69 and PR70
The answer is no. So for me its not worth spending 10 times what a PR69 set would cost just to get some one else's opinion on what a PR70 coin is.
That being said the lowest prices currently for PR70 coins are the ones in ICG slabs this is mainly because they were perceived a few years ago as being some what Lax on their grading of modern coins. I believe this is no longer the case but they still have the rep and hence prices for coins in their slabs are less than PCGS or NGC.
Edited by nohope587
09/13/2007 4:56 pm
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Pillar of the Community
United States
2797 Posts |
Gold Certificates, Is this for your personal pleasure or as an investment? If personal, NoHope hit the nail on the head ... nice shot Richard! If you have very deep pockets and are doing this as an investment, you'll want to do some research first. The very best for reputation and potential resale at a profit is PCGS. You will want to check their population reports to see if there are even any examples graded MS of PF 70. Most modern (1980 to present) series have examples in MS/PF 70. There are many gaps prior to 1980. And did I mention the deep pocket thingee ... check it out here. http://www.pcgs.com/prices/ |
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Pillar of the Community
United States
3233 Posts |
...and I thought SeatedNut was going to suggest Proof Seated material...
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Valued Member
 United States
206 Posts |
SeatedNut,
I am doing this for my personal pleasure not to make a profit. But I do agree that making a PR or PF 69 set would be a better idea. The only difference between PF 69 and PF 70 is probably something like an extremely fine hairline scratch.
By the way, I don't have very deep pockets as of right now becuase I am a college studnet. But I can't bare to give up collecting coins. Who could?
I just figured that I could save up and buy a high quality piece or set instead of a lot of average quality coins.
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Valued Member
United States
57 Posts |
I think, before I would ever try and go for PR70 sets, I would like to see if I could truely tell the differnce myself. Not sure how I could get the coins to test, but I would get a set of say the 2004 State Quarters slabbed PR70 and the same set slabbed PR69 from the same TPG. Have someone mask the grades on each set, and see if I could pick the PR70's out. If I couldn't get AT LEAST 4 of 5 myself, I wouldn't bother with the 70's.  I'm pretty sure I cannot tell the difference tho already... Now if I had REALLY deep pockets and was doing it as an investement (and only a small side investment at that), then I would consider it. But for Collecting, I wouldn't bother, I actually like OGP better then slabs myself... |
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Pillar of the Community
United States
3233 Posts |
70's are being created for the Registry sets...that's about it. Go for 69's or even really nice 68's...you'll save a TON of dough! Plus, try out NGC or ICG holders for even better pricing.
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Valued Member
United States
206 Posts |
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Pillar of the Community
United States
3233 Posts |
Those are the things that PCGS created in order to generate massive amounts of income and bring the collecting of modern stuff to the forefront.
Okay...now that I'm off of my soapbox...
They are a place on the Net (at PCGS and NGC) where you can "register" your PCGS (and NGC coins at the NGC registry) coins for a particular set you're putting together. The higher the grades, the higher the points. They give out awards for the winners each year.
It has been hugely successful as an income generator as massive amounts of modern material go to the grading services now. Personally, I think this is pretty sad. Break the coin out of the holder...now what is it worth? The plastic can add a huge premium to the coin which is a joke for the serious numismatist. That's why you have crack-out artists which buy coins in holders they think are undergraded and send them in for a higher grade. It's a sickening part of the hobby.
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Pillar of the Community
United States
5953 Posts |
The PCGS and NGC have what they call a registry where you can list your sets of slabs and compare them to other sets for quality and ranking.
Its a good marketing ply to get people to buy their slabs. I don't think its representative of the real world as my collection of PR69s ranks 21st in the modern proof section and I know my set is not that great.
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Valued Member
United States
330 Posts |
I started collecting State Quarters for my son in 1999. This blossomed into the insanity that ensues today. When I decided to start putting together another set I selected Kennedy's. Then I decided it would be a great idea to do a set of PCGS PR69DC Kennedy's. From 1972 to 2007 I still need 11 coins that total ~ $500 retail. Anything before 1972 gets expensive. The 1964, 1968, 1969, 1970 and 1971 coins have a total retail value of $4800 - $5000. I have decided that my set will start with the 1972 coin and stay current. The point I am trying to make is that these are PR69DC coins. The entry price for a PR70DC Kennedy is $200 - $300. There are a lot of other pieces that I would like to own before I ever thought about spending that kind of money on something as subjective as 1 point in a PCGS graders opinion. I have not even bought a PR69DC Kennedy in almost a year because my interests have expanded and the desire to finish the set has started to fade. Buy what you want but want what you buy! HTH Jim |
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Valued Member
United States
470 Posts |
My questions to you are:
#1 - What is the easiest set to complete?
No set is easy to complete in 70
#2 - What set would be the cheapest?
no set is cheap to collect in 70
#3 - What grading company do you prefer? NGC, ICG, PCGS
NGC.
70 set are a laughing stock. It says I have to much money and I enjoy spending it on overpriced coins.
If you really have to much money ...don't waste it on 70's no one will laugh at you if you have a good 64-65 set of non moderns. Enjoy the coin not the grade.
Edited by Andrew289
09/14/2007 10:09 am
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Replies: 12 / Views: 1,281 |
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Posted 09/13/2007 4:54 pm
