What ever happened to MS60?
Shamika
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Has MS63 become the MS60 of yesteryear?
I grew up believing MS63 was "Choice UNC" or at the very least an average uncirculated coin. Today, it seems if a coin grades MS63, there must be something wrong with it such as dull luster, ugly toning, piss-poor strike, etc.
And God forbid a coin grades MS61 or MS62! Better to have a coin grade AU58.
I grew up believing MS63 was "Choice UNC" or at the very least an average uncirculated coin. Today, it seems if a coin grades MS63, there must be something wrong with it such as dull luster, ugly toning, piss-poor strike, etc.
And God forbid a coin grades MS61 or MS62! Better to have a coin grade AU58.
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i'm with you.
<< <i>Also, 61 and 62 are the new 58. >>
Very true. This is what market grading has brought us for better or worse.
You may be on to something.
WTB: Barber Quarters XF
Here is a raw, imo AU-58, that would likely sell for MS63 money.
Collector of Early 20th Century U.S. Coinage.
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<< <i>Has MS63 become the MS60 of yesteryear?
I grew up believing MS63 was "Choice UNC" or at the very least an average uncirculated coin. Today, it seems if a coin grades MS63, there must be something wrong with it such as dull luster, ugly toning, piss-poor strike, etc.
And God forbid a coin grades MS61 or MS62! Better to have a coin grade AU58.
The official ANA standards have NO WORD SUPERLATIVES for Mint State coins. MS60 is UNCIRCULATED MS63 is UNCIRCULATED MS70 is UNCIRCULATED.
That is why eBay's rules of no numerical grades are UNWORKABLE for Mint State coins since THERE IS NO ALTERNATIVE to using MS numbers that will conform to the Offical ANA standards.
The advent of giving 61 and 62 grades, which wasn't really all that long ago, spread 60 out a bit. Sure there has been some gradeflation, but when you see anything close to a real 60, it isn't likely to be in any of the major TPG 63 holders.
Here's how I see it often, but not always, applied.
58 -- would like to give it a 63 or 64 but with that one wear spot there is no way anyone will accept it except a registry freak
60 -- technically uncirculated (otherwise it would 50), perhaps a BB issue; this sucker is as baggy as possible and you'd have to have budget problem to even consider this
61 -- man, this is one ugly, bagmarked POS.....but it could definitely be a little worse and still be gradeable as UNC.
62 -- the old 60s that have decent luster plus the AU sliders we want to slide up
63 -- I've got a long scratch in a prime area, maybe even was mishandled...but why waste an otherwise decent coin?
64 -- yesterdays PQ choice UNC; might be an old 63 or an old 64
65 -- never mind the scratch or two in the prime focal areas, they are short enough to pass
66 -- yesterday's 65 but we want to get those pops up and the good submissions up; lustrous gem
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<< <i>
<< <i>Has MS63 become the MS60 of yesteryear?
I grew up believing MS63 was "Choice UNC" or at the very least an average uncirculated coin. Today, it seems if a coin grades MS63, there must be something wrong with it such as dull luster, ugly toning, piss-poor strike, etc.
And God forbid a coin grades MS61 or MS62! Better to have a coin grade AU58.
The official ANA standards have NO WORD SUPERLATIVES for Mint State coins. MS60 is UNCIRCULATED MS63 is UNCIRCULATED MS70 is UNCIRCULATED.
That is why eBay's rules of no numerical grades are UNWORKABLE for Mint State coins since THERE IS NO ALTERNATIVE to using MS numbers that will conform to the Offical ANA standards.
While that may be true, they do go on to say that commercially, MS70 coins are often called Perfect Uncirculated, MS65 coins Gem Uncirculated, and MS63 coins Choice Uncirculated. In the past, these and other adjectives have been used to designate various grades of condition. So for the record,
MS70 coins = Perfect Uncirculated
MS69 coins = Near or About Perfect Unc (my guess)
MS68 coins = (See MS69)
MS67 coins = Superb Uncirculated
MS66 coins = Choice Superb Uncirculated
MS65 coins = Gem Uncirculated
MS64 coins = Choice Gem
MS63 coins = Choice Uncirculated
MS60 coins = Uncirculated
Anyone can correct me if I'm wrong.
On another note, as I have shown in other threads, coins can be graded accordingly to the number of qualities they may possess.
IMO, there are 6 different qualities; the strike, the grade/condition, the luster, toning, EDS strike and prooflike surface or fields.
But you must be able to weigh each of those qualities against the knowledge you have gained from observing many coins within a series.
Each quality must obtain a level of intensity before it can be counted towards it's Quality Point Grade; QPG1 through QPG6. A (+) sign can be added to the Quality Point Grade when any of the qualities fall short qualifying as a full quality to your knowledge but yet they do add to the eye appeal.
This grade system is not complicated as true collectors are always searching for that coin with the most qualities. Many collectors who can't grade and rely on a TGS to build their collections are ending up with coins that have only 1 or 2 qualities. Hopefully, those collectors will eventually understand how the coin with the greater number of qualities equals higher value and rarity.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
I also have a beautiful 62 that still confounds me. It has total unbroken luster, no wear, no scrapes or scuffs what-so-ever.
It's a beautiful coin and no matter how many times I inspect it I just can't find a reason for the grade.
I think I'll have it regraded.
I still think AU58s are some of the most attractive coins around and probably the smartest buy when it comes to keys.
<< <i>Here's how I see it often, but not always, applied.
65 -- never mind the scratch or two in the prime focal areas, they are short enough to pass >>
To me, this should be a 64 although these coins are often graded 65 or higher.
<< <i>In the past, these and other adjectives have been used to designate various grades of condition. So for the record,
MS70 coins = Perfect Uncirculated
MS69 coins = Near or About Perfect Unc (my guess)
MS68 coins = (See MS69)
MS67 coins = Superb Uncirculated
MS66 coins = Choice Superb Uncirculated
MS65 coins = Gem Uncirculated
MS64 coins = Choice Gem
MS63 coins = Choice Uncirculated
MS60 coins = Uncirculated
Anyone can correct me if I'm wrong. >>
Actually, here is how I always understood these grades:
MS70 coins = Perfect Uncirculated
MS67 - MS69 coins = Superb Gem Uncirculated
MS65 - MS66 coins = Gem Uncirculated
MS63 - MS64 coins = Choice Uncirculated
MS60 - MS62 coins = Uncirculated
<< <i>I still think AU58s are some of the most attractive coins around and probably the smartest buy when it comes to keys. >>
I have to agree. There's still some allure in owning a coin that is uncirculated in the absolute sense, but coins that are technically AU58 often look better than those grading MS60-63.
<< <i>
<< <i>Here's how I see it often, but not always, applied.
65 -- never mind the scratch or two in the prime focal areas, they are short enough to pass >>
To me, this should be a 64 although these coins are often graded 65 or higher. >>
Didn't say that is how I grade them but how I observe the TPGs apparently most often grading them.
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This one has fairly clean surfaces and few bagmarks. I think it was the splotchy end-roll toning that did it in.
My Adolph A. Weinman signature
Now, look at the other side. If I was running a business, I would want to encourage my best repeat customers to continue buying my services. In this particular business, one might throw them a bone now and them by upgrading a liner. That creates more of a feeding frenzy on the crackout corpse. The surge in submission current then, with a mix of labor saturation and potential corporate greed, will invariably lead to gradeflation and it indeed has.
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<< <i>
<< <i>
<< <i>Here's how I see it often, but not always, applied.
65 -- never mind the scratch or two in the prime focal areas, they are short enough to pass >>
To me, this should be a 64 although these coins are often graded 65 or higher. >>
Didn't say that is how I grade them but how I observe the TPGs apparently most often grading them. >>
Coxe - That was indeed how I read your reply. I was just stating my agreement.
<< <i>Has MS63 become the MS60 of yesteryear?
I grew up believing MS63 was "Choice UNC" or at the very least an average uncirculated coin. Today, it seems if a coin grades MS63, there must be something wrong with it such as dull luster, ugly toning, piss-poor strike, etc.
And God forbid a coin grades MS61 or MS62! Better to have a coin grade AU58.
Don't recall seeing one MS-60. this year....................good eye