2003 PCGS MS70 Cent
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
Personally, I don't think this coin, or any high grade modern stuff, should be worth much. One of the biggest aspects of the value of the coin is it's PCGS registry set value. Is that why a coin should be valuable? So it has a high ranking on the PCGS registry sets?
The coin looks almost identical to an MS68 or MS68, which could be had at a tony fraction of the cost of the MS70.
Also, when grading an MS70 coin, do they grade the rim as well. If there are any contact marks on the rim, should the coin still be MS70? If a coin can be body-bagged for rim damage or rim repairs, that means that when a coin is graded the rim should be taken into consideration.
Now think about this. This coin was in a giant pile of thousands of other cents while it was being made. The idea that it NEVER came in contact with any other coins is physically IMPOSSIBLE. I am sure that if you looked over that coin (including the rim), you could find at least a luster gaze SOMEWHERE!
Post your opinion of this coin and it's value.
The coin looks almost identical to an MS68 or MS68, which could be had at a tony fraction of the cost of the MS70.
Also, when grading an MS70 coin, do they grade the rim as well. If there are any contact marks on the rim, should the coin still be MS70? If a coin can be body-bagged for rim damage or rim repairs, that means that when a coin is graded the rim should be taken into consideration.
Now think about this. This coin was in a giant pile of thousands of other cents while it was being made. The idea that it NEVER came in contact with any other coins is physically IMPOSSIBLE. I am sure that if you looked over that coin (including the rim), you could find at least a luster gaze SOMEWHERE!
Post your opinion of this coin and it's value.
0
Comments
<< <i>Personally, I don't think this coin, or any high grade modern stuff, should be worth much. One of the biggest aspects of the value of the coin is it's PCGS registry set value. Is that why a coin should be valuable? So it has a high ranking on the PCGS registry sets?
The coin looks almost identical to an MS68 or MS68, which could be had at a tony fraction of the cost of the MS70.
Also, when grading an MS70 coin, do they grade the rim as well. If there are any contact marks on the rim, should the coin still be MS70? If a coin can be body-bagged for rim damage or rim repairs, that means that when a coin is graded the rim should be taken into consideration.
Now think about this. This coin was in a giant pile of thousands of other cents while it was being made. The idea that it NEVER came in contact with any other coins is physically IMPOSSIBLE. I am sure that if you looked over that coin (including the rim), you could find at least a luster gaze SOMEWHERE!
Post your opinion of this coin and it's value. >>
From your own statement, two reasons, out of many, why this coin will sell for many, many thousands of dollars and the new owner will be proud.
peacockcoins
roadrunner
<< <i>Luster grazes or rim marks are irrelevant. It's all about the plastic and the registry program.
roadrunner >>
exactly
Go BIG or GO HOME. ©Bill
I agree a large premium for MS69 v MS70 based on TPG opinion is a bit hard to swallow.
give me a chain cent over every 2006 modern mint production in MS70.
Id rather have a coin that stands up on it's own over one that brings 100% of it's value based on the rep of a TPG.
One thing if for sure, multiple premiums were paid for monster classic coins of all types long before PCGS and NGC.
roadrunner
Russ, NCNE
<< <i>
<< <i>Luster grazes or rim marks are irrelevant. It's all about the plastic and the registry program.
roadrunner >>
exactly >>
I agree, but that is not how it should be! Grading services have molded our hobby into something that many people, including me, sometimes find ugly. Why should a coins vale be made what it is because of a plastic holder?
<< <i>I agree a large premium for MS69 v MS70 based on TPG opinion is a bit hard to swallow.
>>
Eventually it will become just a plain old ..A$$ penny then.......