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I saw coins graded as AUs that appeared, at least in my eyes, to be in better condition than ones graded as MS. Then I saw coins graded as MS which looked worse, in my eyes, than ones graded as AU.
very possible. a high grade AU coin almost always looks better than a low end MS coin. low MS coins typically exhibit a lot of marks, scratches, scuffs and discoloration. i'd almost always take an AU58 over an MS60,61 or 62 coin
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Is there a grade point, at which a is coin considered to be a bullion coin or does it depend upon the market value of the grade for the coin itself?
the answer is yes in most cases. however there are a lot of variables. if the coin is common and has a low enough grade that does not exceed its market value then obviously its just worth the metal content. same goes for damaged coins but again it comes down to rarity.
BTW your coin is worth more than melt
Edited by panzaldi
11/03/2023 11:08 am