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 Replies: 10 / Views: 2,537 |
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Pillar of the Community
Canada
1223 Posts |
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   |
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Pillar of the Community
Canada
4227 Posts |
SGS has a less-than-reliable reputation - here`s one example: https://goccf.com/t/80892That is a nice looking quarter though, someone more familiar can say if it`s from a mint set. |
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Pillar of the Community
United States
4085 Posts |
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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Pillar of the Community
 United States
5828 Posts |
I'd say that coin is MS-70. Awesome coin! Best coin I've ever seen!
I admit bias.
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Pillar of the Community
United States
7375 Posts |
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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Pillar of the Community
 Canada
1223 Posts |
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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Pillar of the Community
United States
4085 Posts |
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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Pillar of the Community
United States
7375 Posts |
Well, for $4.52 you did fine.
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Valued Member
United States
194 Posts |
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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Pillar of the Community
United States
1911 Posts |
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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Rest in Peace
United States
18456 Posts |
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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Replies: 10 / Views: 2,537 |
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Posted 06/06/2015 11:35 am
