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What makes a 70 ?
I have various MS / PR 69 coins. I was looking real close at one and could not find a single thing that would keep it from being a 70. How do they determine a 69 from a 70?
Rob
Rob
Rob the Newbie
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Dennis
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its if they feel...the cameos on statehoods lately is a good example.
Go BIG or GO HOME. ©Bill
In a true sense, PERFECT. Perfect preservation; perfect strike.
In the real world what makes an MS-70? Politics. If the home shopping channels need MS-70s to sell, they will be made.
For my part I'd never pay a premium for an MS-70. Just because it's in a slab does not mean that it IS perfect. And just because it's in a slab does not mean that it will STAY perfect.
Life is too short to spend time worrying about PERFECT.
Russ, NCNE
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
By definition - Fully struck, as struck and no imperfections under 5x magnification.
BUT if you sit there all day grading coins, I think some would stand out among the rest. The few, the proud, the 70's
My posts viewed
since 8/1/6
I am not sure what NGC's MS70 standards are.
Makes you wonder sometimes. The answer to your question is summed up in two words,
.................................................................A MIRACLE!!!!........................................................
Camelot
if you could find a draped bust dollar that is or looks like it's fresh out of the dies, it would be a 70, even if the dies were slightly imperfect to start with. If the dies were severly worn, or if the strike was significantly weaker than average, it would not make 70, even if mark free.
Similarly, if the perfectly struck bust dollar had marks, wear, heavy or uneven toning, or any other signs of handling or contact with anything, it would be less than 70.
The same principles are true of such "coins" as ASEs and modern proof strikes of circulation coinage, but the dies and planchets are far nicer, so the coins must be almost truely perfect (instead of just "as struck") to be a 70. Fortunately, lots of coins minted since about 1982 are "perfect" so there are lots of 69s and 70s.
Now as for which is which (a 69 or 70 on a modern coin), I agree with several posters who say it's largely "who you are" that determines if your perfect modern coin makes 70 or only gets 69.
but make no mistakes, really really nice modern coins are not all that rare.
Liberty: Parent of Science & Industry
<< <i>
but make no mistakes, really really nice modern coins are not all that rare. >>
There are NO regular issue moderns in MS-70. How's that for rare?
You could fit all the regular issue MS-69 moderns in a few slab boxes.
Not bad when you consider most are actually ultra moderns rather
than moderns. Most moderns don't exist in MS-69. Again, sounds pretty
rare. One man could carry all the graded MS-68 moderns.
You really should look at a few of these. You might be surprised.
don't need to.
I'm "perfectly" happy with ms65 modern coins.
I'll spend my "premium" dollars on something rare in any condition
Liberty: Parent of Science & Industry
<< <i>
don't need to.
I'm "perfectly" happy with ms65 modern coins.
I'll spend my "premium" dollars on something rare in any condition >>
I have no problem with anything one chooses to collect, and frankly, I really
like MS-65 moderns because they are sufficiently nice to show the coiners in-
tention. Many of these sets are actually quite difficult to obtain in MS-65. Most
of the coins are not overly difficult in these grades but some are extremely
elusive. Even in choice condition some will prove a challenge.
I personally don't like most moderns in MS-60 since they are so often quite un-
attactive, but if one includes some varieties these will also prove as difficult as
one desires.
Liberty: Parent of Science & Industry