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I can see Why PCGS has only graded ONE MS-70 Lincoln

mach19mach19 Posts: 4,879 ✭✭✭✭
It's tough to find a nice one!!!!
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    tightbudgettightbudget Posts: 7,299 ✭✭✭
    I agree. The ones without nicks have a lot of spots and the ones without a lot of spots have a lot of nicks...
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    Is there another one out there? The 2003 got downgraded to a 69.
    image
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    tightbudgettightbudget Posts: 7,299 ✭✭✭


    << <i>Is there another one out there? The 2003 got downgraded to a 69. >>



    Nope, as of now there are no business strike Lincolns in 70 (at least none that I know of).
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    There's not even one any more. The 2003 that was graded 70 spotted and became a 69. PCGS took it in the shorts on that one. That makes you suspect that it's not likely that another 70 will be graded any time soon in terms of modern copper.
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    moonshinemoonshine Posts: 1,039 ✭✭
    how much do the spots take off a grade 'if they are not TOO bad'??

    one point - two?

    Say you have a PERFECT coin, no nicks, and only a few spots that don't take away too much eye appeal --- And it is actually an MS70, if the dot gov did their job right ..... what would PCGS grade it? what would NGC grade it? what would ANACS grade it? others?

    comments?

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    << <i>It's tough to find a nice one!!!! >>



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    imageQuid pro quo. Yes or no?
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    BECOKABECOKA Posts: 16,961 ✭✭✭
    This is why they decided not to grade MS70 ASE's for a while but they finally started. Maybe when the lincolns produce enough 70's in a given year so that the prices are reasonable PCGS will start grading them again.
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    OneCentOneCent Posts: 3,561


    << <i>There's not even one any more. The 2003 that was graded 70 spotted and became a 69. PCGS took it in the shorts on that one. That makes you suspect that it's not likely that another 70 will be graded any time soon in terms of modern copper. >>



    image

    I seriously doubt that a PCGS MS70 will be made anytime in the near future. Too much risk on the coin spotting.

    FWIW, I believe that Blay's MS69 1919 will always be tops no matter if another 70 is made or not.

    image
    imageimage
    Collector of Early 20th Century U.S. Coinage.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>how much do the spots take off a grade 'if they are not TOO bad'??

    one point - two? >>



    Well, in the case of the previous 2003 MS70, it cost a full point for a carbon spot that deverloped after it was slabbed.

    Perhaps Keither could provide a photo or a scan.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



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    << <i>There's not even one any more. The 2003 that was graded 70 spotted and became a 69. PCGS took it in the shorts on that one. That makes you suspect that it's not likely that another 70 will be graded any time soon in terms of modern copper. >>




    What is a interesting fact is, its not economical to send these coins for grading.
    In the case of sheer numbers, submitions of the modern coins age would only represent the tiniest fraction of coins wildly held by collectors.
    I myself have a 100 or so rolls of the 2005 p cent. What I can say is, out of the couple of rolls I opened they look very promising indeed Cameo reds yum, and In many cases MS66, 67 or 68.

    Most would agree submissions of the masses of coins is not economical, until a new generation of collectors become infatuated with the coin world.



    << <i>Looking into the past we see the future. >>

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    Inspired I add, even today thee are BU Morgan Dollar original rolls with many varieties just beginning to evolve.
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    mach19mach19 Posts: 4,879 ✭✭✭✭


    << <i>Is there another one out there? The 2003 got downgraded to a 69. >>




    Sorry, I did'nt know that image you learn something new every day
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    cladkingcladking Posts: 30,140 ✭✭✭✭✭
    Have you looked at the mint set coins.

    These come incredibly nice. Take the '93-D for example. Nearly 10% of these
    are virtually flawless to the naked eye and 10% of these are highly PL. One in
    three or four hundred might have at least an outside shot at 70.
    tempus fugit extra philosophiam.

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