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PCGS & NGC from the US Mint

tandtbtandtb Posts: 3 ✭
in Q & A Forum

Good morning everyone. I am new here to the forum and also to collecting. My questions is when you purchase a coin from the US Mint is the coin a 70? I have purchased a number of coins on ebay and always buy one that has a PCGS or NGC authenticity to it. How and where do these coins get packaged and authenticated. Thanks so much for your help

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    ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    Welcome to the forum! :)

    "when you purchase a coin from the US Mint is the coin a 70?"
    No
    Most proof or collector coins will grade in the 68-70 range
    Most business strike coins will grade in the 63-68 range

    "How and where do these coins get packaged and authenticated."
    Once purchased from the mint a private collector or coin dealer will send it to a grading company.

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    stawickstawick Posts: 469 ✭✭✭✭

    I bought 5 2020 silver proof eagles from the mint and sent them to PCGS. PCGS graded at least 1 at 67 :/ and the rest at 68-70. Most of my others have been 69 or 70 with a few 68s sprinkled in.
    I also bought a gold 2014 Baseball Hall of Fame coin in mint packaging aftermarket from APMEX. It recently graded at 70 (YAY!!!). B)
    YMMV.

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