PR70 or PR69 ?

Discussion in 'Coin Chat' started by spider969, Oct 21, 2008.

  1. Arizona Jack

    Arizona Jack The Lincoln-ator

    Throw salt over your shoulder, walk under a ladder and break a mirror. It reverses the spell.:eek:
     
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  3. Arizona Jack

    Arizona Jack The Lincoln-ator

    And step on the tail of a black cat for extra measure.
     
  4. Harryj

    Harryj Supporter**

    Honor, integrity and service before self are a person's core values that define their very soul.
     
  5. mrbrklyn

    mrbrklyn New Member

    Honor, integrity and service before self are a person's core values that define their very soul.
    __________________
    "Live for something rather than die for nothing."
    -George Patton
    _________________________________________________________

    I wonder if Patton said this before or after he attached the bonus Veterns in Washington Mall during the Depression

    Ruben
     
  6. Speedy

    Speedy Researching Coins Supporter

    hold da phone......

    Are you talking about PCGS or PSCG?

    Speedy
     
  7. Harryj

    Harryj Supporter**


    Highly doubt that. From the books I've read; Patton was so focused on his march to Berlin that there were times he pressed his tanks and army forward over his own dead soldiers before they could be colected, basically flattening them.
     
  8. SINED

    SINED XXXXXXXXXXXXXXXX

    Lets say for example - I send a 2008 silver proof coin set (still in the mint container) for grading should it receive the PR70? Now if I send in the same coins (in mylar flips) would it receive the PR69?

    or. is it a coin toss (pardon the punn) as to what the grade will be no matter how it is sent in?[/QUOTE]

    Does anybody have a PR70 in their collection? I certainly don't. Post an image and let the masses have a look.
     
  9. Vess1

    Vess1 CT SP VIP Supporter

    I posted one in another thread. The pic on the computer, looking through a plastic slab, doesn't really tell you anything. I have a few and they are premium. No blemishes whatsoever.

    To answer the other guy's question, (and I know I'm just getting back into this so I'm no expert, but....) from what I've learned, receiving something from the mint and sending it straight to a grading company doesn't guarantee you anything more than a 68. You can count on a certain percentage of product, directly from the mint, not being able to obtain 70 status because of the slightest damage that has occurred somewhere along the line in the process. This does not mean that the slightly damaged coins are bad at all. They're still excellent quality, but obviously, 70 status will elude them.
     
  10. mrbrklyn

    mrbrklyn New Member

    Does anybody have a PR70 in their collection? I certainly don't. Post an image and let the masses have a look.[/QUOTE]

    There is no way of knowing. They don't have a valid method of determining 70's from 69's

    Ruben
     
  11. rlm's cents

    rlm's cents Numismatist

    Ruben,
    You need to take Lehigh up on his wager. That should settle this once and for all.
     
  12. SINED

    SINED XXXXXXXXXXXXXXXX

    I agree Ruben. A good loupe and a careful look would reveal tiny almost inconsequential differences ( not gonna use variety ) between coins. If it's tons of pressure and more than one strike how could the strikes be exact?

    Do grading companies use microscopes or just 10X, 20X etc magnification?

    I'd be interested in the conditions involving grading if available. Gloves, a dust free enviroment I'd think would be gimmes. How about masks so a coin isn't
    breathed on? Sneeze guards? Hair nets? How many people handle a coin? Are the coins assigned to one person or several?

    What happens if a coin is damaged after reciept by a company? I mean a serious ding from mishandling or noticeable smudge? Mixups? A different coin than you submitted?

    If you agree that nothing is perfect I think these mistakes could happen.
     
  13. Vess1

    Vess1 CT SP VIP Supporter


    SINED, look on youtube for PCGS grading. They have a video of the process. There isn't going to be a mix up.

    They only use a 5x loupe on occasion. Not mandatory. Only if needed. So as I've been trying to explain to Ruben, a 70 coin may very well have microscopic problems that can only be seen at that level. But since they don't take it to that level and they are basing their grade only on what can be seen visually, or perhaps by a 5x loupe, you have the real 70 grade as being possible.

    Two individual graders, separately grade a coin. If their grade doesn't match, a third grader will look at it and break the tie. Someone said that 4 people have to agree on a 70.

    For a star designation, all the graders have to agree. If one does not, the star isn't given.
     
  14. rlm's cents

    rlm's cents Numismatist

    In this case "perfect" is defined by PCGS as:
     
  15. SINED

    SINED XXXXXXXXXXXXXXXX

    In this case "perfect" is defined by PCGS as:
    Quote:
    MS-70
    This is for "Mint State" (the grade) and "70" (the numerical designation of that grade). A perfect coin! Even with 5X magnification there are no marks, hairlines or luster breaks in evidence. The luster is vibrant, the strike is razor-sharp, and the eye appeal is the ultimate. Note: Minor die polish and light die breaks are not considered to be defects on circulation strike coins.

    This clears things up nicely. A clear statement on what is considered the magic 70 grade.
     
  16. mrbrklyn

    mrbrklyn New Member

    Ever see a mule coin?

    And yet grading 69's fro, 70's is impossible although they are more accurate than the naked eye.

    Show me the validation data that proves this method can consistently separate 69's from 70's?

    Ruben
     
  17. mrbrklyn

    mrbrklyn New Member

    yeah - it never occurs to anyone that this definition has no meaning.

    Ruben
     
  18. GDJMSP

    GDJMSP Numismatist Moderator


    Curious rlm - where did you find that definition ?
     
  19. mrbrklyn

    mrbrklyn New Member

    I think that is on there site. I recall reading that.

    RUben
     
  20. rlm's cents

    rlm's cents Numismatist

  21. GDJMSP

    GDJMSP Numismatist Moderator

    Ahhhhh - never thought to look there. Only asked because it varies from what is listed in their grading guide - where they never use the word "perfect".

     
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