The PCGS price guide should get rid of MS60.....

relicsncoins · January 24, 2011 9:51AM

and add 45 and 58. I mean does anyone even collect the grade of MS60? What say you?

MsMorrisine · January 24, 2011 9:53AM

interesting idea.

how many of each are out there?

golfer72 · January 24, 2011 9:56AM

You are right there are very few MS-60's but I have a few since I collect coins and not labels. Oh and they are not MS-60 either. Not even close.

fcloud · January 24, 2011 9:58AM

This one is in a PCGS MS60 holder.

tjkillian · January 24, 2011 9:59AM

I have only one PCGS MS-60 coin, an 1837 Capped Bust Half Dollar. I believe it is better than MS-60, but that is for another discussion.

Yes, they should have values for grades XF-45 and AU-58.

AMRC · January 24, 2011 10:07AM

Join coin facts and you get them all.

Teva · January 24, 2011 10:14AM

I understand your logic but what do you do just make them
58 or 61?

MarkInDavis · January 24, 2011 10:32AM

58 and/or 62 would be way more useful than 60.

kurtdog · January 25, 2011 12:10AM

<< This one is in a PCGS MS60 holder. >>

A 60 looks like a pretty harsh grade on that one. JMHO...

kurtdog · January 25, 2011 12:21AM

The problem with low grade mint state is that sometimes high grade circulated look a lot better. One reason is once you break that threshold to mint state, you're basically starting from scratch, and evaluating the coin differently. A top-of-the-line AU will generally have far less surface blemishes on it than a low grade MS, I'm saying.

coinguy1 · January 25, 2011 12:31AM

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

crypto79 · January 25, 2011 12:32AM

The MS60 price is often used for pricing generic raw UNC's by dealers

BillJones · January 25, 2011 12:39AM

I don't go out of my way to collect the MS-60 grade, but I had one of my raw coins graded PR-60 when I submitted it.

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.

kurtdog · January 25, 2011 12:48AM

<< 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.

InternetJunky · January 25, 2011 12:53AM

<< Join coin facts and you get them all. >>

PerryHall · January 25, 2011 12:56AM

<< The problem with low grade mint state is that sometimes high grade uncirculated look a lot better. >>

adamlaneus · January 25, 2011 1:02AM

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.

coinguy1 · January 25, 2011 1:03AM

<< 

<< 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.

adamlaneus · January 25, 2011 1:03AM

<< 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.

relicsncoins · January 25, 2011 1:14AM

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.

coinguy1 · January 25, 2011 1:27AM

<< 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.

SeaEagleCoins · January 25, 2011 1:41AM

Here's my two cents (or so

)

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...

)

kurtdog · January 25, 2011 1:42AM

<< 

<< 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."

BillJones · January 25, 2011 11:47PM

<< 

<< 

<< 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.

sinin1 · January 26, 2011 2:07AM

it would be extremely difficult to come up with an AU58 value/price

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

kurtdog · January 26, 2011 2:35AM

<< 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.

lkeigwin · January 26, 2011 2:46AM

<< 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.

The PCGS price guide should get rid of MS60.....

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