Do you guys and gals remember when David Hall said that PR70DCAM should be about .5% to 1.5% of the

Russ · September 29, 2003 2:32AM

Well, here it is almost October, and it looks like he was pretty much right on the money. The results for the 2003 coins thus far:

Kennedy
Total: 1550
70DCAM: 17 (1.09%)

State Quarters
Total: 19,032
70DCAM: 301 (1.58%)

Roosevelt
Total: 1464
70DCAM: 70 (4.78%)

Jefferson
Total: 1430
70DCAM: 23 (1.6%)

Lincoln
Total: 1379
70DCAM: 10 (.73%)

Note: For simplification, I lumped the silvers and clads together.

Russ, NCNE

pontiacinf · September 29, 2003 2:34AM

couldnt sleep huh?

mgoodm3 · September 29, 2003 2:34AM

Looks like they've hit the quotas pretty well.

nwcs · September 29, 2003 2:38AM

So what about all the years when 70s weren't being made... I seem to remember him finding that unusual and needing to talk to the graders about giving the coin the 70 it deserved if it met the criteria. It's good that they give the coin the grade it merits, but it is surprising that it would take a Q&A from last fall to get the ball rolling.

Russ · September 29, 2003 2:45AM

<< <i>So what about all the years when 70s weren't being made... >>

I don't have earlier pop reports for any series except Kennedys. But with those new submissions are producing 70DCAMs in the same percentage range for coins from about the mid '80's forward. There are a handful of exceptions in there (the '01 clad for example) that seem to be tougher years.

That aside, I'm less concerned about the years where they weren't making them than I am about the period before that when they holdered a very high percentage that did not deserve the designation. There is a lot of junk from that period residing in 70DCAM holders.

<< <i>but it is surprising that it would take a Q&A from last fall to get the ball rolling. >>

It should be noted that David Hall was not running PCGS during the period that they choked off the supply of 70DCAMs. Rick Montgomery was.

Russ, NCNE

dorkkarl · September 29, 2003 3:10AM

where'd he say that? i thought it was "70's" period would make up basically 1%. does that mean quite a higher % should be 70's then???

K S

mgoodm3 · September 29, 2003 3:14AM

There should be as many 70's as coins that meet the criteria for 70. If the mint has a good year and makes 50% "perfect" coins they should be graded as such.

Russ · September 29, 2003 3:19AM

<< <i>i thought it was "70's" period >>

No, Karl, it was only 70DCAMs. He did not say the same thing about circulation strikes.

Russ, NCNE

Jupiter · September 29, 2003 3:21AM

so one can conclude from past and present grading results that getting a pr70 grade is mere politics and whos running the ship at any given time..rather than if a coin merits the grade or any clearly defined consistent standards..and the whole thing is subjective at best and that yesterdays pr69 may be todays pr70..gee i think i'll buy me some pr70s hahahahahaha

Do you guys and gals remember when David Hall said that PR70DCAM should be about .5% to 1.5% of the

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