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 Replies: 17 / Views: 3,882 |
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New Member
United States
44 Posts |
Hey CCF, I'd consider myself a new member but I've been doing coin roll hunting for about a year, doing mostly pennies and nickels as my money allows. I've been avoiding boxes of brand new coins thinking there was nothing to look for, but I finally found a purpose for them! I know some people look for error coins but I really don't know what to look for (any info much appreciated) but I've now decided to search for perfect examples of these uncirculated coins. This has proved to be quite a task as I've gone through 15 rolls of 2016-D nickels so far without one perfect one. The criteria for what I'm calling a perfect coin I would say is stricter than grading MS-70.
Main points I'm looking for in any "perfect" coin:
-Absolutely no bag marks or scratches on the coin.
-Absolutely no blemishes, finger prints or any foreign color to the coin.
-If possible, high relief, but not necessary.
Feel free to post any of your perfect coins, or as close as possible. Please keep it to coin roll finds only.
My end goal with this is to collect one of each denomination, of each year in perfect condition from now on (just doing Denver mint). Any additional ones I find will most likely be sold as I assume there's a premium to absolutely perfect coins. I'll post my first perfect coin as soon as I find it.
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Pillar of the Community
United States
1695 Posts |
Quote:
The criteria for what I'm calling a perfect coin I would say is stricter than grading MS-70 Well, that is going to be difficult, I'm afraid. I like the general project of finding the best coins for each type. I look forward to your posts. |
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New Member
 United States
44 Posts |
Thanks, I've gone through half a box of brand new nickels... Not one MS-70 or even 69 example. I look forward to the challenge at least I'll have something to look for in those pesky new rolls. I know high graded uncirculated coins can command a premium so theres some possible money to be made here. This new project is also gonna help train my eye so I'll be able to grade uncirculated coins to sell or buy. Heading to a local coin show tomorrow, I'll definitely be looking at high graded modern coins to see relative prices and other dealers standards for grading.
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Pillar of the Community
United States
1005 Posts |
I would think the odds of finding an MS70 in circulation are slim to none (Nobody has ever found one). Just by the way the coins are handled at the mint for circulation strikes would leave a mark somewhere on the coin, as it falls into the bin, that would preclude an MS70 grade.
To have any chance at a 69 or 70 you need to hand pick the coin from the die after it's struck to avoid contact dings/scratches.
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New Member
United States
44 Posts |
Thank you for the info, that does make sense but I'm going to try my very best to find one, how do people get them then if they are have scratches, are the uncirculated sets handled differently?
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Pillar of the Community
United States
4809 Posts |
Good luck on the challenge. Bad Thad has been at it a long time and may have some sound advice here. I'd say top two grades may be impossible from roll searching but lower grades are. Depends on many factors including coin collection dumps. But finding BU coins is a worthy challenge. The value along with a great look are worth it while searching for hole fillers, collectable specimens, and trading stock.
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New Member
United States
44 Posts |
Exactly, so maybe it'll prove impossible to find the highest examples, if so by that point I should be able to accurately grade near uncirculated coins, so thatll help when I find BU coins in mixed rolls.
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Pillar of the Community
United States
6130 Posts |
MS-70 coins have to come from somewhere... if they were impossible to find, we would have no examples of "circulation strike" (e.g. non-satin for the mid/late 2000s).
That said, the entire point of the grading system is that MS-70 is several standard deviations above, say MS-65, and a full deviation above 68 or 69. That's why MS-70 brings such an enormous premium.
Good luck. I don't think I have ever find a coin that would grade above 67 or 68, even when I struck a box of brand new coins.
Edited by Finn235
09/26/2016 11:58 am
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New Member
United States
44 Posts |
Thank you for the encouragement, I have no idea how this is going to turn out but I will try my best, I know what a perfect coin is but I wanna find what a near perfect coin is say MS67-69
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Pillar of the Community
Canada
5241 Posts |
This is an excellent project, for it will train your eyes, provided that it does not strain your eyes.
That being said, I do not see how a coin could fly off the presses at the mint, get bagged and rolled and have NO bag marks. Maybe you should have a sub goal and find the best example, which may be a 67 or 68. Or do a study and see how many of different grades come out of UNC rolls.
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Valued Member
South Africa
331 Posts |
2010s MS69PF DCAM dime!
That little suckered is as perfect as they come!
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New Member
United States
44 Posts |
@oriole I did buy myself a 5x loupe so thatll help, and yeah it's gonna be extremely hard to find a perfect coin, I would keep any 68 or 69 but I don't know the difference
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New Member
United States
44 Posts |
@tesla Can you post pics?
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Pillar of the Community
United States
6130 Posts |
I may be a little fuzzy on the details, but if memory serves, the real catcher of the MS-70 grade is that it must be free of all contact marks, AND perfectly centered. That's why so many proof coins come back in PF 68 or 69... the dies weren't just perfectly aligned.
IMO, I think your best shot at finding anything in top condition that's less than a year old is to get cents and hope for a change jar dump. I have seen more than a few change jars that have gathered dust for decades, and the cents are by far the least likely to be dug back out.
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New Member
United States
44 Posts |
Yeah an MS-70 can kinda vary but to me I'd grade a coin MS-70 if it's free of all bag marks or or hairline scratches, well centered, full mint luster, and fully struck. If a coin has no bag marks but lacks the full mint luster or full strike that would probably be a MS-68/69
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New Member
United States
44 Posts |
I look forward to finiding one because anyone can have a modern uncirculated set but I want to have a perfect uncirculated set, even if it's only from the recent years
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Replies: 17 / Views: 3,882 |
Posted 09/23/2016 10:09 pm
