Question about getting coins graded

Discussion in 'Coin Chat' started by Dj Shift, Jun 10, 2013.

  1. Dj Shift

    Dj Shift Active Member

    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.
     
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  3. Caleb

    Caleb Active Member

    Yes it is possible, probable is what you should be asking.
     
  4. fusiafinch

    fusiafinch Member

    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.
     
  5. Dj Shift

    Dj Shift Active Member

    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).
     
  6. Tom B

    Tom B TomB Everywhere Else

    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.
     
  7. Dj Shift

    Dj Shift Active Member

    Oh, i never knew about PR70s. It's just the same thing though right?
     
  8. Tom B

    Tom B TomB Everywhere Else

    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.
     
  9. Dj Shift

    Dj Shift Active Member

    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.
     
  10. Dj Shift

    Dj Shift Active Member

    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.
     
  11. fusiafinch

    fusiafinch Member

  12. Dj Shift

    Dj Shift Active Member

  13. 19Lyds

    19Lyds Member of the United States of Confusion

    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
     
  14. Dj Shift

    Dj Shift Active Member

    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.)
     
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