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Uncirculated Coin Grading Question...

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kimikiri's Avatar
United States
9 Posts
 Posted 07/17/2011  9:10 pm Show Profile   Bookmark this topic Add kimikiri to your friends list Get a Link to this Message Number of Subscribers
I have a question that I'm hoping someone can help me out with. I'm new to the coin community and coin collecting. I was wondering about the rarity of the MS grades. Lets say for example I have 2 rolls of brand new uncirculated 2011 dimes(100 dimes). If I were to send those coins, all 100, off to be graded to one of the big three grading companies what results could I expect...? For example, how many would fall into the MS 60 range, how Many MS 67, etc... Basically I am wondering how "rare" the higher grades actually are.

Thanks in advance!
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Adam_E's Avatar
United States
4846 Posts
 Posted 07/17/2011  9:14 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
usually the grade should hover around ms-65-6.

but I highly suggest you don't send them in and waste money, the grading cost exceeds the value of each coin by a lot, even if you do get a 67.

Edited by Adam_E
07/17/2011 9:15 pm
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kimikiri's Avatar
United States
9 Posts
 Posted 07/17/2011  9:20 pm  Show Profile   Bookmark this reply Add kimikiri to your friends list Get a Link to this Reply
Oh, I know that sending them in to get graded would not be very smart. I'm just trying to get a handle on the MS grades and their respective rarity. The higher MS grades seem to bring a premium even for recent year coins.

I guess what I'm looking for is out of 100 coins how many would grade at each of the MS?

Is 1 out of 100 about right for MS 68/69 or is it even more rare than that...?
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Adam_E's Avatar
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4846 Posts
 Posted 07/17/2011  9:22 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
it would probably be harder to find MS-68/9.

id say its more like 1 in 5000, probably rarer.
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biggfredd's Avatar
United States
9104 Posts
 Posted 07/18/2011  03:49 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

It depends entirely on the date, mint, and denomination. Coins from mint sets tend to be 65 and higher, those for circulation 63 and lower, proofs rarely below 67 on modern issues, but more like 65 on pre-1970 stuff.

Some mints are known for lousy or sharp strikes. A couple examples: 1945 Philly dimes are extremely common, but a ms65 with full band lines is super rare. Peace dollars were struck in vg, with a grand total of two known in ms67, out of hundreds of millions. Early s-mint morgans are available by the dozens of thousand count bags in ms65.

So there is no formula or ratio. Learn to look for the best and save those.
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United States
20753 Posts
 Posted 07/18/2011  09:03 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Your example of Uncirculated coins from a roll is too vague too. Such a roll could have come from someone that alrady searched each coin and made up that roll. Such coins would already be scratched or even dented. Even new coins placed into a roll by a machine could damage the coins surface. MS from about 65 and up usually means really, really great condition. However, even in the Red Book, 2012 edition, page 155 on the Roosevelt dimes a MS-65 is noted as saying "only light scratted marks". So it sort of really depends on who is saying what.
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