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The PCGS price guide should get rid of MS60.....
relicsncoins
Posts: 7,878 ✭✭✭✭✭
and add 45 and 58. I mean does anyone even collect the grade of MS60? What say you?
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how many of each are out there?
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Yes, they should have values for grades XF-45 and AU-58.
58 or 61?
<< <i>This one is in a PCGS MS60 holder. >>
A 60 looks like a pretty harsh grade on that one. JMHO...
True, it's a grading number that is rarely used, but that does not mean that it should disappear. I've seen an few MS-61 and 62 graded coins that should have been graded MS-60 IMO. It's the grade from might be called a less than attractive Mint State coin.
<< <i>Fairly often, an accurate MS60 Price Guide grade can be useful in assessing the value of coins of the same type, in grades AU58 and MS61. And sometimes, even MS62 >>
I think so, Mark. No wink about it.
<< <i>Join coin facts and you get them all. >>
<< <i>The problem with low grade mint state is that sometimes high grade uncirculated look a lot better. >>
Worry is the interest you pay on a debt you may not owe.
Voltaire: Paper money eventually returns to its intrinsic value---zero.
But there is a purpose for the grade that corresponds to the 'most beat up of all uncirculated' coins.
There have also been '61' coins that I wonder if they should have not been '60'. I guess, by extension, you could argue this of all grades. But it seems to be especially true of 60/61.
It's as if there were periods of time during the last few decades where the numeric grade 60 was eschewed.
<< <i>
<< <i>The problem with low grade mint state is that sometimes high grade uncirculated look a lot better. >>
>>
He probably meant to write that high grade AU's (not uncirculated) sometimes look a lot better.
<< <i>Most '60's i've seen have me scratching my head as to why it's not some other numeric grade.
But there is a purpose for the grade that corresponds to the 'most beat up of all uncirculated' coins.
There have also been '61' coins that I wonder if they should have not been '60'. I guess, by extension, you could argue this of all grades. But it seems to be especially true of 60/61.
It's as if there were periods of time during the last few decades where the numeric grade 60 was eschewed. >>
Or maybe the concept of '60' changes...a grader goes along thinking they know what a 60 is. And then one day a coin comes along that's so beat up yet AU that it resets their notion of a 60.
<< <i>I think it's more likely a left over relic of the days when the only grades used were 60, 63 and 65 in the mint state range. >>
But the PCGS Price Guide wasn't published until after PCGS started using additional/more precise grades, such as MS62, MS64, etc.
In my experience, every coin I have seen in a 60 holder (no... not all that many) ... every one looked like it belonged in a holder with a higher number on it...
...and yet I have seen far too many coins in 61 or 62 holders ... and even a few 63s ... that looked like they belonged on a 60 holder...
But then, what do I know? I haven't even slept in a Holiday Inn for many years now...
As for the price guide... well... I won't say anything other than I do not refer to it all that often... as I find other references more useful to my purposes... such as determining what the real world pricing is on a coin... sometimes the "real" price is lower than guide... sometimes higher... rarely, if ever, is it spot on... I guess that is why they call it a guide...
and as someone already pointed out... you can get access to every single grade point on the PCGS guide... simply by subscribing to Coinfacts...
(and just think DW and DH... you did not even have to ask me or pay me for that last line... )
<< <i>
<< <i>The problem with low grade mint state is that sometimes high grade uncirculated look a lot better. >>
>>
Just because of you I'm going to log in right now and edit "uncirculated" to "circulated."
<< <i>
<< <i>
<< <i>The problem with low grade mint state is that sometimes high grade uncirculated look a lot better. >>
>>
He probably meant to write that high grade AU's (not uncirculated) sometimes look a lot better. >>
And so far as I'm concerned some of those high end AUs are worth more than the ugly technical grade MS-60 coins. I've often paid low end Mint State money for high end AU coins and have been glad to have had the opportunity to buy them.
my experience is that the range in prices for this grade is extreme
with a very high end coin going up to MS65 values
and a low end coin going for as low as AU50 values
MS60 values set a floor for BU coins, even if they are ugly or dead
<< <i>And so far as I'm concerned some of those high end AUs are worth more than the ugly technical grade MS-60 coins. I've often paid low end Mint State money for high end AU coins and have been glad to have had the opportunity to buy them. >>
I know, Bill, and I think that's the point Mark was offering. You're really up there in the 60-62 or so range when you're valuing many of these high-end AU babies.
<< <i>The PCGS price guide should get rid of MS60.....and add 45 and 58. I mean does anyone even collect the grade of MS60? What say you? >>
If I get your question it has to do with what PCGS displays on the main page of its price guide. Often the default for non-moderns is something like 4, 12, 30, 55, 60, 63, 64, 65, 66. It changes depending on the series. But there's almost always a 60 and never 45 or 58.
I agree it makes more sense to drop 60 and maybe 55 too, and use the more often seen 45 and 50 or 58.
Yes, I subscribe and can see them all but it can be tedious to have to click on a tab and wait and wait.
Lance.