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 Replies: 24 / Views: 11,571 |
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Pillar of the Community
United States
2003 Posts |
I am perfectly happy with modern coins graded MS69 and I see a lot of hype about paying more for a technically perfect MS70. Really, can anything be "perfect", I think not. Do you think the extra premium for MS70 is worth it or just another gimmick?
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Pillar of the Community
United States
7273 Posts |
I have one PF 70 coin, all others are PF69, I never saw a value in the premium but many people do.
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Moderator
 United States
187851 Posts |
I cannot tell the difference myself, so no. I have one MS-70 coin and the only reason I have it is that I bought it at the MS-69 price.  |
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Pillar of the Community
Canada
5393 Posts |
Sort of like buying Club Seats or Premium Seats
to a ball game huge price difference to experience the same
event from a slightly different angle .
99.75 Per cent of us could not tell the difference between
a 69 or a 70 and wouldn't really care .
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Pillar of the Community
United States
4691 Posts |
MS-70 is overrated in my opinion. I had an ASE PCGS MS-70 with a mark on the obverse that was obvious with the naked eye. I'd rather have a MS-69 with no perceptible marks than a MS-70 with an obvious mark. |
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Pillar of the Community
United States
6381 Posts |
Not particularly important to me. IMO only PCGS-graded coins are likely to consistently draw premium prices for PR-70 and MS-70 coins. NGC seems too generous when handing out 70 grades. ICG is very generous. Haven't formed an opinion about ANACS 70 grades.
Since I'm mostly into classic coins the 69-verses-70 question never comes up....
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Pillar of the Community
United States
2953 Posts |
Yeah, to me, a MS-70 is a flawless uncirculated with absolutely no dings or scratches whatsoever. Where I start to see a general parity of these two grades is on earlier coinage, such as the Morgan dollars, but one can count on one hand the number of MS-69's of any date. Technically, I do feel coins before 1950 simply do not exist to my knowledge in MS-70. Imo, there might be a few coins which might be better in MS-70 to some collectors, but it is also a personal choice then for the post-modern era. |
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Pillar of the Community
United States
4680 Posts |
Nothing is perfect. I have seen examples that are pretty darn close and deserving of MS70, but I'd say the majority of MS70's fall into the 69 category. I'll probably never own an MS70 example, unless I were to pay 69 money or less.
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Pillar of the Community
United States
561 Posts |
I would never shell out extra cash for a 70 vs a 69, but that's partly just my disdain for modern coinage... you'll never find a classic in a 70.
For classics especially I wouldn't even really spend extra to get up to a 65, once it reaches a 62 or 63 I am perfectly satisfied. I have some great looking 63s and I just don't get paying double for 2 grades higher.
MS64+ collecting isn't really my deal. Anywhere XF-MS is good with me, so shelling out extra to get higher and higher MS just isn't worth it
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Bedrock of the Community
Australia
21786 Posts |
I think PF-69 or -70 only works for collector proof coins struck after about 1990, as minting perfection improved.
I don't think it would be possible to find a PF-70 coin before that time.
Proof FDC would be the equivalent European grading.
My best is a 1937 British Five Pounds of George V1 proof nFDC. I guess that would be the equivalent of PF-68.
Some coins look much nicer as non proof in high MS grades anyway.
Not really a problem for me - I am only into coins where the circulation type for the date has silver in the alloy, and so I can never even hope to find a PF-70 coin. As such, perfection isn't everything.
The best example of consistent minting perfection so far is the gold 2009 One Ounce Double Eagle. Modern minting technology helps.
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Moderator
United States
56855 Posts |
My Two Cents: perfect is what we all agree upon as being perfeft,in this case 70. The only reason I see in buying a 70 instead of a 69 is a lower pop in 70. John1  |
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Moderator
United States
187851 Posts |
Quote:
Since I'm mostly into classic coins the 69-verses-70 question never comes up.... That tracks. |
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Bedrock of the Community
United States
10284 Posts |
Many submitters who submit gambling for MS or PF70 dump their 69's at bargain prices considering they get encapsulated, it's often like getting free grading at the price the 69's.
I can't tell the difference either.
Edited by TNG
04/30/2021 09:45 am
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Pillar of the Community
Russian Federation
1557 Posts |
The prices of some coins at 70 are very inflated in my opinion. I would never pay a lot of money for MS70, PF70.
I would rather spend $ 15-20 for a PF69 coin than pay for the same one only in PF70 $70
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Pillar of the Community
United States
3323 Posts |
Matters not unless you're playing the registry game (I'm not.)
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Moderator
United States
187851 Posts |
Quote:
Many submitters who submit gambling for MS or PF70 dump their 69's at bargain prices considering they get encapsulated, it's often like getting free grading at the price the 69's. Probably how most of my Ikes ended up in their holders.  |
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Replies: 24 / Views: 11,571 |
Posted 04/29/2021 4:26 pm
