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MS-70 State Quarters?

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Pillar of the Community

Canada
1223 Posts
 Posted 06/06/2015  11:26 am Show Profile   Bookmark this topic Add Hounddog Bill to your friends list Get a Link to this Message Number of Subscribers
I purchased three of these State Quarters at a public auction a few years back only because they were graded MS-70 and I had not seen this grade used before. All three are really great looking coins with the satan finish and they look absolutely mark free but is MS-70 even obtainable? Is this a circulation coin or did it come from some type of US mint set?

Cheers, Bill

MS-70-State-Quarters?

MS-70-State-Quarters?
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chequer's Avatar
Canada
4227 Posts
 Posted 06/06/2015  11:35 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
SGS has a less-than-reliable reputation - here`s one example: https://goccf.com/t/80892

That is a nice looking quarter though, someone more familiar can say if it`s from a mint set.
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KenKat's Avatar
United States
4085 Posts
 Posted 06/06/2015  11:35 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
The satin coins were only produced for mint sets so that is where this coin originated.

MS-70 is obtainable although very rare. SGS is not really a top-tier slab - they have a reputation for overgrading so while these are indeed nice examples, they are most likely not MS-70 coins. Still nice though!
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/06/2015  11:39 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
I'd say that coin is MS-70. Awesome coin! Best coin I've ever seen!

I admit bias.
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edweather's Avatar
United States
7375 Posts
 Posted 06/06/2015  11:53 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
It might be an MS70, but only because of luck on the part of SGS. I would never consider buying it unless it was extremely reasonably priced.
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Canada
1223 Posts
 Posted 06/06/2015  1:03 pm  Show Profile   Bookmark this reply Add Hounddog Bill to your friends list Get a Link to this Reply
These were purchased at a small country auction in Ontario and I think the price was OK there were three coins in the lot and I got the lot for $4.00 + Tax total $4.52. Also with the above coin was South Dakota and Nevada. I really like the the Nevada reverse with the Horses.

Cheers, Bill
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KenKat's Avatar
United States
4085 Posts
 Posted 06/06/2015  1:44 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
The bar to make MS-70 is incredibly high. Everything has to be perfect - strike, marks, luster must be flawless. There are very few of them out there.

More typically of a mint set coin would be MS-67 with some 68's and maybe the occasional 69. I am not an expert on State Quarters but the coin shown probably makes MS-68 which is pretty dang nice.
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edweather's Avatar
United States
7375 Posts
 Posted 06/06/2015  6:57 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Well, for $4.52 you did fine.
Valued Member
United States
194 Posts
 Posted 06/08/2015  4:25 pm  Show Profile   Bookmark this reply Add GoldenIslesCoins to your friends list Get a Link to this Reply
What you bought was a BU State Quarter in a No Good Slab. Coin most likely would Not Grade MS70 by any of the top 3 grading companies. Show it to a local coin dealer and see what he says. Good Luck !!
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 06/08/2015  4:38 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
I just opened some uncirculated sets and I have to admit some of them are the nicest quarters I have ever seen and look like the OP's above. I will put pics of a few later. On a few I can't see a visible hit anywhere. Don't have a magnifying glass or anything but who knows.
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T-BOP's Avatar
United States
18456 Posts
 Posted 06/09/2015  8:23 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I agree , your quarter is nice but not MS-70 in my book.
however if you got 3 slabbed State Quarters for 4.52 you
did great.
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