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 Replies: 8 / Views: 1,013 |
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New Member
United States
1 Posts |
I'm just learning about grading coins so forgive me if this is very entry level. I see some 2009 Lincoln silver dollars on auction. Some PF70 and some PF69. The price difference is large between the 70 and 69. I bought mine from the USMint. What are coins ranked coming directly from the Mint? Since these coins are all very new, all 2009, what would change it from a PF70 to a PF69?
Thanks,
Richard
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Pillar of the Community
 United States
5953 Posts |
The simple answer
PR70 is considered a perfect coin. no marks dings scratches of any kind and a clean sharp strike.
Anything on the coin is going to drop it a point or two.
Just because a coin comes from the mint does not mean its perfect. there are issues with handling and packaging of the coins. All sorts of things can happen to a coin from the press to the package.
Personally I cannot tell the difference between 69 and 70 so I would never pay the premium for a 70.
The complicated answer can be found on PCGS's web site or any of the recognized grading books.
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Moderator
 United States
16679 Posts |
  to the CCF! swcoin.ecrater.com
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Valued Member
United States
377 Posts |
Every Grading company differs PCGS Definition is Quote:
MS/PR-68 Virtually as struck with slight imperfections, slightest weakness of strike allowed
MS/PR-69 Virtually as struck with minuscule imperfections, near full strike necessary
MS/PR-70 As struck, with full strike
SGS Definition is if it is shiny it is PF 70  My opinion is that Most Proofs Today are at least PF-68 Many are PF -69 and Very few Make PF -70 The top 2 Grading Co.s are PCGS & NGC, with PCGS being a little bit tighter on giving PF-70 Grades |
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Pillar of the Community
United States
1055 Posts |
Welcome to the Boards.
I agree with prior posts. I can't tell a PF69 from PF70. If I were to pay a premium for PF70, I would make sure it was professionally graded by PCGS of NGC.
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Pillar of the Community
United States
1882 Posts |
Quote:
I would make sure it was professionally graded by PCGS of NGC. As wif99 said, a 70 handed out by NGC is not necessarily the same as a 70 handed out by PCGS. PCGS appears to be tighter on giving those out, and a PCGS coin with that grade will generally pull down more money than one in a NGC holder. |
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Valued Member
United States
295 Posts |
wif99, that SGS comment is rich!!
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Bedrock of the Community
United States
20753 Posts |
Don't feel bad about asking a question like that. There are many, many people here and almost everywhere that know about as much about grading coins as you do. One big difference is you admit this and most don't. Keep asking questions though. We all learn that way. |
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Bedrock of the Community
United States
20753 Posts |
Don't feel bad about asking a question like that. There are many, many people here and almost everywhere that know about as much about grading coins as you do. One big difference is you admit this and most don't. Keep asking questions though. We all learn that way. |
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Replies: 8 / Views: 1,013 |
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Posted 04/25/2009 8:03 pm
