If someone was to send in a flawless coin to a grading company, would it even be possible for the coin to get a grade of an MS70 or PF70? Or is that only possible if the company recieves the coin from the mint itself? Because i have a 1974-B Indian 1 Rupee proof that is absolutely flawless (no scratches, no smudges, not even a single fingerprint) and i know they wont see any problems with it but i'm not sure if it's possible to get an MS70 on a coin that old. And is that even a coin worth getting graded? When i bought it, i learned it's been in a 2x2 forever.
Well, it's certainly worth the effort. A nice proof in that series lists for $100 and if you have a very high grade it would be worth more. But it's tough to get the 70. I wouldn't expect that, especially for a coin from the seventies. But people do get the 70 grade, but for newer coins. If it's been in a 2x2 forever, that's not necessarily a positive, as environmental effects or toning from material in the holder can hamper the grade.
Thank you. Wow, i didn't know they were worth over $100. And living in upstate NY where there's not too much humidity most of the time, it still has no toning at all (a good and bad thing at times because i like certain coins toned).
If it's a proof then it won't grade MS70, but might have a chance at PF70 or PR70. Individuals make MS/PR70 grades everyday at PCGS and NGC when they submit coins purchased from the US Mint or at shows or other venues. In fact, just a few weeks ago a member at PCGS received the grade of PR70DCAM for a 1968-S Roosevelt dime that I imagine he purchased in the last few years as part of a proof set.
I'm not certain what your question is, but will attempt to answer. Proof is not a grade, but rather is a method of manufacture. Proof coins are graded with the PF designation (NGC) or PR designation (PCGS) regardless of their numerical grade, even if that grade is as low as PR10 or even lower. Business strike coinage retains the MS designation along with the other descriptive terms (G, VG, F, etc...). Modern proof coinage from the US Mint has a rather high rate of grading 70 whereas business strike coinage has a much lower rather of grading 70.
oh, that helped. I was just asking if the PF was the same thing as the PR. I always stayed away from the PRs because i thought it meant something other than proof. For some reason i always go for the NGC graded coins over the PCGS.
Would it be worth it at all to get an 1989 Vatican 100 Lire graded? If i do, i think it will come back somewhere between MS68 and MS70 but i still cant tell if it's worth it.
try this link to the free world coin price guide by NGC: http://www.ngccoin.com/poplookup/World-Coin-Price-Guide.aspx You can look up most world coins here and get an idea of value.
70 = 70 regardless of MS or PR. MS/PR-60 No wear. May have many heavy marks/hairlines, strike may not be full MS/PR-61 No wear. Multiple heavy marks/hairlines, strike may not be full MS/PR-62 No wear. Slightly less marks/hairlines, strike may not be full MS/PR-62+ No wear. Still slightly above number of marks/hairlines, strike may not be full. Attractive eye appeal for grade. MS/PR-63 Moderate number/size marks/hairlines, strike may not be full MS/PR-63+ Average number of marks/hairlines, strike will be close to average. Good eye appeal for grade. MS/PR-64 Few marks/hairlines or a couple of severe ones, strike should be average or above MS/PR-64+ Very few marks/hairlines or a couple of heavier ones, strike should be average or above. Superior eye appeal. MS/PR-65 Minor marks/hairlines though none in focal areas, above average strike MS/PR-65+ Very minor marks/hairlines though none in focal areas, above average strike and eye appeal MS/PR-66 Few minor marks/hairlines not in focal areas, good strike MS/PR-66+ Very few minor marks/hairlines not in focal areas, very good strike with superior eye appeal MS/PR-67 Virtually as struck with minor imperfections, very well struck MS/PR-67+ Virtually as struck with very minor imperfections, very well struck with attractive eye appeal MS/PR-68 Virtually as struck with slight imperfections, slightest weakness of strike allowed MS/PR-68+ Virtually as struck with very slight imperfections, the strike must be virtually full. Eye appeal must be very good. MS/PR-69 Virtually as struck with minuscule imperfections, near full strike necessary MS/PR-70 As struck, with full strike
oh, thank you. I screen shotted it for the future. And i'd say they'd both be 69's or 70's depending on how much magnification NGC uses. I cant see any imperfections using a 10x loupe but i'm not sure what would happen under a microscope (or after shipping.)