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What if the US Mint offered "Premium Quality" business strike coins

ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
Do you want MS 69 and MS70 modern business strike coins? Handled with cotton gloves as the finest proofs? How much is a PCGS mS70 coin worth?

Comments

  • cladkingcladking Posts: 28,747 ✭✭✭✭✭
    Originally posted by: ambro51

    Do you want MS 69 and MS70 modern business strike coins? Handled with cotton gloves as the finest proofs? How much is a PCGS mS70 coin worth?




    They already do but people just don't seem to care.



    Even the best mint set coins are hardly perfect or MS-70 and many aren't available even in MS-68 or 69, but these coins are made under higher pressure by new well hubbed dies on vertical presses at lower speeds. Many of these coins survive the handling and made it sealed into sets as MS-65 and MS-66 and higher grades are hardly rare. In other words they make hundreds of millions of dogs that go into circulation and populate most of the mint sets but people don't care about Gems.



    I seriously doubt that making MS-69 and MS-70 moderns to be common will change much of anything. There are already virtually perfect (nearly MS-70) coins available and people won't even lift the flap on the mint set to peek inside. They don't even care the coin might be available at less than face value.



    Until more people start caring about moderns improving the quality and charging much higher prices would just be another gimmick. And gimmicks are more likely to harm the market than help it.



    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,747 ✭✭✭✭✭
    Nice avatar, by the way. image
    tempus fugit extra philosophiam.
  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭
    Most of the satin finish coins seem to grade MS68 or 69.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • derrybderryb Posts: 37,682 ✭✭✭✭✭
    they already offer them: non-proof burnished American Eagles with the West Point mint mark.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Sometime in the future, someone will open a long stored mint set, find an MS69/70 of some denomination and get it slabbed...Interest will be sparked and the hot, flipper search will commence.....Cheers, RickO
  • 291fifth291fifth Posts: 24,707 ✭✭✭✭✭
    Just what the mint needs to offer ... more variations for the collector market.image
    All glory is fleeting.
  • BillJonesBillJones Posts: 34,841 ✭✭✭✭✭
    The mint did offer them in mint sets years ago, and a lot of collectors didn't like them. So the mint went to packaging the usual stuff, although it much better than it was back in the 1980s. Some of the coins in those mint sets looked like they been run over by people in track shoes.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BStrauss3BStrauss3 Posts: 3,708 ✭✭✭✭✭
    And don't forget more (stupid) labels for the TPGs to sell...
    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    Originally posted by: BStrauss3

    And don't forget more (stupid) labels for the TPGs to sell...




    image

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  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    I'm a Dapper Dan & Dan Carr man



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