Why Are Some Coins Graded MS-64 So Much More Valuable Than MS-63?

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 4,600
North of 49 Pillar of the Community Canada 617 Posts	Posted 10/09/2020 8:05 pm I was just checking out 1 cent coins on the "Coins and Canada" web site. in particular was was looking at the 2004/2005 one cent coins. I see that often there is a significant jump in value of coins graded MS63 VS MS64 . In this case (2004P) jumped .40 to 5.80. Can anyone explain why this is so? Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 10/10/2020 04:48 am Supply and demand. Less graded in MS64. John1 Report this Post to the Staff
atticguy Pillar of the Community United States 1373 Posts	Posted 10/10/2020 10:02 am If I was looking for a coin and found one with a price gap like that 2004P you mentioned, I would absolutely take the MS63. There's really not enough of a physical difference between the grades to make it worth paying more for literally the same coin. Of course, some collectors have the need for 'top-shelf' grades, and are willing to pay almost anything for what they want, but for the rest of us who also need money for food and housing a lower grade suits us just fine. Report this Post to the Staff
Collects82 Pillar of the Community United States 1316 Posts	Posted 10/10/2020 11:11 am "Conditional rarity" is a term often used. For most coins, there is a point along the way from Poor to Perfect where coins of a certain grade make a significant jump in value as it's where rarity becomes a significant factor and demand may likewise spike also. Very few coins would ever have a steady and even climb in values all the way from Poor to Perfect. As you see, 64 happens to be a point for this year. Edited by Collects82 10/10/2020 11:11 am Report this Post to the Staff
North of 49 Pillar of the Community Canada 617 Posts	Posted 10/10/2020 7:21 pm I see, thanks. I thought maybe there was a significant jump in the grade at this point or something. Thought I was missing something. Report this Post to the Staff
Silver101 Pillar of the Community Canada 1081 Posts	Posted 10/10/2020 8:14 pm The mint state grades are sort of odd. All about that elusive mint frost and lack of wear. Doesn't necessarily mean they're the most attractive coins. There are lots of AUs that are nicer to look at than some of their MS counterparts. You can find AUs that have no bag makes but, instead, very modest wear on the highest points of the coin. In contrast you can have lower grade MS coins with no wear but lots of bag marks. George IV coins are particularly susceptible to this - lots of post-mint scars on the King's cheeks for example.... Report this Post to the Staff
tamarin Pillar of the Community Canada 576 Posts	Posted 10/16/2020 5:01 pm When it comes to modern coinage most collectors will bypass MS-64 entirely and opt for MS-65. I've met some well known dealers in the past who don't recognize MS-64 and consider it a split grade, purchasing any graded MS-64 coins as MS-63. Buy the coin. Eye appeal is a key component of value. Report this Post to the Staff
	Replies: 6 / Views: 4,600

To participate in the forum you must log in or register.

All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Coin Grading

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.24 seconds to rattle this change.