An Ms 60 coin by definition is strictly uncirculated but the lowest grade an uncirculated coin can be meaning it's bag marked to pieces and has very limited eye appeal, weak strike, etc.
An AU 58 coin displays some rub somewhere indicating handling however, may have much greater eye appeal, no bag marks, etc. It's just been circulated in just the slightest fashion.
If you do what you always did, you get what you always got.
Sure, just tell the "new and energetic" collector to PM me.
But just for you: An AU58 is the most attractive of worn coins, showing minimal wear, and desired by everyone. The MS60 is the ugliest of unworn coins, displaying obvious problem(s), and almost universally despised.
From an energy standpoint, collectors expend much of it looking for killer AU58's. But they are sluggish couch potatoes when it comes to looking for MS60 coins. The grading services do their best to rarely assign the MS60 coin to anything. They don't like the grade either. Call it a damaged or problem MS61/62 coin.
The difference between 58 and 60 is one of those things in life that truly has to be experienced in order to be fully learned and appreciated, because words alone really don't get the point across.
Kind of like the hot stove warning to little kids.
But I do feel comfortable in saying that the range of technical quality and eye appeal that can exist within the AU58 grade can often make you wonder why anyone would ever consider spending more to get an MS60... or an MS61 or 62, and sometimes even a 63. That range also differs between coin series.
MS60: Generally hideous, looking at first like it's seen better days, but technically not worn. Just barely not a problem coin. AU58: Generally attractive, but technically it's worn. Just barely not an MS62 (or higher) coin.
No MS60 coin, if worn, would ever be called AU58. It would probably go straight to 53 (without passing GO! or collecting $200)
MS60 is the lowest grade possible for a coin that bears no trace of circulation. Because MS60 is the lowest grade available, examples can have very negative eye appeal.
AU58 is the highest grade possible for a coin that bears evidence of circulation. As long as there is evidence of circulation this is the highest grade possible regardless of the eye appeal of the coin.
Follow me on Twitter @wtcgroup Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Follow me on Twitter @wtcgroup Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
I got ONE MS60 that was terrific. It was a capped bust $5 that I regret selling. It was without ANY distracting marks.....except..... for a spot on her bangs that was just NOT STRUCK! Shoot, the area was pure polished planchet. Mirrorlike. A weak strike on that area. Yes it was flat. But the flat was on the TOP of the curl. Where it simply never toucned a die.
But..... since then.... I don't think I've seen a 60 that I'd want.
I think MS60 made more sense back in the "raw days " when the grades basically went MS60 - MS63 - MS 65. I don't remember MS61 and 62 being used much before certified coins came around, although they were allowed for. Now MS60 is rarely used since we have more refinement in the "junk range".
Things are allot easier , as a collector, when one had the ability to evolve with the hobby from a much simpler starting point.
I remember the scene from "Spinal Tap" when the guitar guy explained how his amp went to 11 - which is one louder.
Abraham Lincoln (February 12, 1809 – April 15, 1865) 5$ bills are WOW with the numbers - wanted: 02121809 04151865 Wanted - Flipper notes with the numbers 6-9 or 0-6-9 ON 1$ 2$ 5$ 10$ 20$ Wanted - 10$ Sereis 2013 - fancy Serial Numbers
An MS60 coin is a hair away from being deemed Genuine. In other words, 60 is a severe net grade. Such coins are usually difficult to sell. AU58 classic coins, due to the Registry game, are sought after, and quite liquid in cases where alternatives with similar eye appeal (62 or better) are pricey.
Member: EAC, NBS, C4, CWTS, ANA
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
Abraham Lincoln (February 12, 1809 – April 15, 1865) 5$ bills are WOW with the numbers - wanted: 02121809 04151865 Wanted - Flipper notes with the numbers 6-9 or 0-6-9 ON 1$ 2$ 5$ 10$ 20$ Wanted - 10$ Sereis 2013 - fancy Serial Numbers
Comments
An AU 58 coin displays some rub somewhere indicating handling however, may have much greater eye appeal, no bag marks, etc. It's just been circulated in just the slightest fashion.
But just for you: An AU58 is the most attractive of worn coins, showing minimal wear, and desired by everyone. The MS60 is the ugliest of unworn coins, displaying obvious problem(s), and almost universally despised.
From an energy standpoint, collectors expend much of it looking for killer AU58's. But they are sluggish couch potatoes when it comes to looking for MS60 coins. The grading services do their best to rarely assign the MS60
coin to anything. They don't like the grade either. Call it a damaged or problem MS61/62 coin.
ms60 is the dream those submitters had
<< <i>Sure, just tell the "new and energetic" collector to PM me. >>
PM sent!
I mean I will tell the new collector to send a PM.
If coins are stored in 2x2 envelopes tightly in a box, they can rub against each other turning a MS into an AU
Not a MS60. And not going to be upgraded as I don't want to spend MS64 money for something that would look as good.
Kind of like the hot stove warning to little kids.
But I do feel comfortable in saying that the range of technical quality and eye appeal that can exist within the AU58 grade can often make you wonder why anyone would ever consider spending more to get an MS60... or an MS61 or 62, and sometimes even a 63. That range also differs between coin series.
MS60 is a coin you settled for. It has no registry demand and is hardly ever given out.
Liberty: Parent of Science & Industry
AU58: Generally attractive, but technically it's worn. Just barely not an MS62 (or higher) coin.
No MS60 coin, if worn, would ever be called AU58. It would probably go straight to 53 (without passing GO! or collecting $200)
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>AU58 is a goal to strive to, especially in an everyman set.
MS60 is a coin you settled for. It has no registry demand and is hardly ever given out. >>
Even though it has more damage and possibly the most affordable to a low income collector.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
AU58 is the highest grade possible for a coin that bears evidence of circulation. As long as there is evidence of circulation this is the highest grade possible regardless of the eye appeal of the coin.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Are you the new but energetic collector? >>
Neither new or energetic.
"""No MS60 coin, if worn, would ever be called AU58. It would probably go straight to 53""""
Interesting observation.
You might argue it is not AU. If not, what MS grade would you assign? Nothing close to MS60.
Lance.
"Keep your malarkey filter in good operating order" -Walter Breen
BHNC #203
Wow AU-58? Maybe I will show my ignorance in grading that series, but that coin looks like a 65 to me...at least a 64!!
I don't see any wear on that coin....
Rob
Successful Trades with: Coincast, MICHAELDIXON
Successful Purchases from: Manorcourtman, Meltdown
It was without ANY distracting marks.....except..... for a spot on her bangs that was just NOT STRUCK!
Shoot, the area was pure polished planchet. Mirrorlike. A weak strike on that area. Yes it was flat. But the flat was on the TOP of the curl. Where it simply never toucned a die.
But..... since then.... I don't think I've seen a 60 that I'd want.
MS61 and 62 being used much before certified coins came around, although they were allowed for. Now MS60 is rarely used since
we have more refinement in the "junk range".
Things are allot easier , as a collector, when one had the ability to evolve with the hobby from a much simpler starting point.
I remember the scene from "Spinal Tap" when the guitar guy explained how his amp went to 11 - which is one louder.
small anacs loved ms60 to apply on grading seated dimes and half dimes
i've seen that grade assigned more commonly on those back in the day
5$ bills are WOW with the numbers - wanted:
02121809
04151865
Wanted - Flipper notes with the numbers 6-9 or 0-6-9 ON 1$ 2$ 5$ 10$ 20$
Wanted - 10$ Sereis 2013 - fancy Serial Numbers
AU58 classic coins, due to the Registry game, are sought after, and quite liquid in cases where alternatives with similar eye appeal (62 or better) are pricey.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Steve
1842 Seated Liberty Dollar - NGC MS-60 (Semi-Prooflike)
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
5$ bills are WOW with the numbers - wanted:
02121809
04151865
Wanted - Flipper notes with the numbers 6-9 or 0-6-9 ON 1$ 2$ 5$ 10$ 20$
Wanted - 10$ Sereis 2013 - fancy Serial Numbers
I know that's kind of harsh, but that's what you see at shows.
MS60 can also be a net grade for a truly uncirculated coin with minor damage, or a nearly uncirculated coin with wear on one side.
MS61 is typically a low end (but still can be nice) early 19th century coin, or an unattractive Morgan dollar.
MS60 is a crappy looking unc.