MS-70 Overflow Poll

Discussion in 'US Coins Forum' started by Evorlor, May 19, 2010.

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Do the coins deserve to be graded MS-70?

  1. Yes; all of these MS-70's are genuinely perfect.

    44.0%
  2. No; the professional grading companies are being too generous with their gradings.

    56.0%
  1. Kevo

    Kevo Junior Member

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  3. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    It's all relative to what you collect. I'm hot-to-trot on early American coinage. Some people get all worked up about perfect modern stuff. My answer and the answer of someone who collects it are going to be completely different. The fact is that I have an NGC MS70 Eagle sitting on my desk that is going back for an appearance review because the reverse of the coin has several large milk spots. So IMO no they are not all perfect.

    Do I understand it? not really.

    Do I apprecieate it? of course.
     
  4. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Seventy, shmeventy...
    Most of em' ain't any different than a 69, sure maybe on a handful there are slight differences in certain imperfections, and I'm pretty sure every coin will have something wrong with it, no such thing as a 70, a PERFECT coin.
    People start ooooing and awing over 70's, for reasons I don't know why (except for registry sets), maybe Mike Mezack brainwashed them.
     
  5. Numismatist47

    Numismatist47 New Member

    Without being able to really look at the coin in hand, it's rather difficult to make that determination from a scan, or picture.
     
  6. Evorlor

    Evorlor Member

    And its official! Too many 70s. Votes are 7 to 3 :)
     
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Ballot box stuffing! Voter intimidation! Hanging chads! If you can't convice then, confuse them!

    Hogwash!

    Chris
     
  8. Evorlor

    Evorlor Member

    haha! how do you think *insert name here* got elected!?

    if i just speak jiberish, nobody will understand, and that makes my 1 vote go over the top!! :)
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Brewster's Millions................"NONE OF THE ABOVE"

    Chris
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    In any event, I hope you learned a little something about 70's.

    Chris
     
  11. Evorlor

    Evorlor Member

    i did. i learned they give them out like candy :)

    and you cant disagree...look at the votes! BAM!
     
  12. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I can see you didn't read any of the educational posts.

    Why don't you start a poll on admitting Mexico and Cuba as the 51st & 52nd states?

    Chris
     
  13. There is no such thing as a perfect coin. :eek: TC
     
  14. Evorlor

    Evorlor Member

    im listening to the educated post right now
     
  15. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Prove it!

    Chris
     
  16. schatzy

    schatzy ~Roosie Fanatic~

    Are you guys telling me that I really don't have a 70!!
    I do believe in a perfect coin and if you were to hold this coin in your hand you might agree!!
    [​IMG]
     
  17. OR....you could collect like me, and not worry what somebody else says about them, and just collect what you want to collect.

    Some people get so worked up about numbers I question if they even actually LOOK at the coins!
     
  18. fishfinder

    fishfinder Junior Member

    Of course there is no such thing as a perfect coin. But.... a coin can get a 70 if it is a full strike and there is no post mint damage. I've never seen the word perfect used by the TPG's to desccribe a 70. There will always be some overgrades and undergrades :bigeyes: (they are still expert opinions). Every coin graded 70 would have to be evaluated individually by experts to determine it did not meet the criteria (you said you were talking PCGS and NGC only).
     
  19. Dimefreak

    Dimefreak Senior Member

    MS 70's arent as easy as you make it seem…….send a roll in a see what you get back
     
  20. financeman

    financeman Lincoln Cent Connoisseur

    Evorlor,
    this is the second thread you have started about MS70 and or PF70. I would recommend you doing a little more research before making blanket statements like you have. The top three TPGers do not give out these high grades on very many coins. Normally there are less than 200 per year per TPGer out of millions of coins minted. I dont think that is an over abundance of the high grade. Also if you will look at the differant auction houses for these high grade coins and see how much they bring. If they were giving them out like candy as you say, the supply would over whelm the market and therefor the prices would be a lot lower.
    If you dont believe me, check out heritage, ebay, and teletrade and see what these coins are going for. You can also go to coin facts on PCGS website and see how many have een graded at that high level on these coins.
    Like some one else said earlier, the coins at the mint are made with a lot more care today than they were years ago so having a coin graded 65 means almost nothing. Almost all proof coins from the mint are 69 with a few graded at 70.
    To comment on your second statement that all coins have flaws, I agree to some degree. Like the old saying goes, if you have a witch hunt long enough you will eventually find a witch. If you look at a coin long enough, you will eventually find some flaw but for the standards of that TPGer, the coin has reached the 70 grade. They are still humans grading these coins so if you get a differant person at the same TPGer when you send a coin back in, sometimes you will get a differant grade but anything done by people is subject to opinion. With coins, there are no exacts and never have been and if you can figure out a way to get the same grade every time on every coin, you will get rich.
    I got a little long winded but I just wanted to get my point accross that before you make blanket statements, do the research. Just because you dont understand it or it seems "stupid" to you, doesnt make it wrong.
    Just my opinion
     
  21. financeman

    financeman Lincoln Cent Connoisseur

    BTW,
    not voting in the poll because you dont have enough options
     
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