Shouldn't all proof be graded 70?

Many, many years ago, I attended a local show, and I overheard one of the dealers complaining that NGC had graded his pair of 1995-W Proof Silver Eagles as PF69 when he felt that they both should have been PF70.

Since I had never seen one of the 1995-W's in-hand up to that time, I asked him if I could look at them. I tilted them back and forth and up and down in the light as I looked at them with my loupe, and I was able to count several very, very small pinpricks in the frost of each coin. When I pointed them out to him, he snatched the coins out of my hands and just glared at me.

 

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Jeff and randy state that it can be pr-70 with flaws and John Milton said that the tiniest flaw will result in a pr-69 so why are we paying 35 dollar to get them graded if it is not consistent????

 

I.m saying guys --shouldn't there be a set of rules that apply to all???Like full steps-- full band --or the liberty on the headband---If I pay good money for 70 then I want 70.Can you get a 69 from one company and submit it to another and get a 70?

 

Because without the plastic they will be valued like 65's.

There is.it's called "no visible defects". But graders are human and inconsistant. Look at a bunch of coins that are "full steps, bands, or head" and you will find coins that DON'T have full steps, bands or head, even though there are "rules".

Yes, you could even possibly crack it out and send it back to the SAME company and get it back as a 70.

 

If we could see beyond the visible light spectrum there maybe PR 80's and MS 90's out there. Maybe the cg scale goes all the way to 100. Maybe it's a shrouded conspiracy by the cgc's.

 

Here's some backwards thinking... Shouldn't a PR 68 first strike be more rare than a 70 grade?

 

It's always a gamble with ANY coin when you send it for grading..

Nobody is forcing anyone to purchase PR68 or PR69.. There are plenty of PR70 available. I agree with the statements on the previous posts about the way they are handled.

@cpm9ball Have you seen this one from my collection? PR69

 

Yes, I think I remember seeing this one before.

I've always wondered if I should submit the 2005-S Silver Proof KS SQ for the Mint Error. It just happened that this error came in the second of two sets that I had ordered from the Mint. The other set had the KS SQ, FS-901, Die Dent.

 

Artificial Intelligence analysis and laser scanning of the coin are in the future.

 

And take over peoples jobs? I hope not

 

And in the past.

https://forums.collectors.com/discussion/1015265/the-pcgs-u-s-coin-forum-compugrade-thread

 

I usually notice a very slight break in the "frost" of the design on proof coins that get the PR69 grade. The PR70 ones usually have uninterrupted frost.

 

I do not disagree, at least for 70 coins.

However, then where will that leave HUMAN coin collectors? If we are saying humans are too fallible to judge MS70's, then why the heck should we PAY for that in which we are too fallible to even know if we have it or not? Seems simply too extreme a lean in on grade to me. Maybe we reached the limit of grading and should leave well enough alone, (not a very human or especially American sentiment I know).

 

i recently bought a kennedy half, pf-70, in a slab, and he has a large rim of another coin touch point in the field, and a large scratch running 1/2 in on his head, lol pcgs screwed the pooch on that one, lol

 

As my parents used to say"there is only one of perfection." Glad to share it with you, passed on as my opinion only.

 

Here is a proof Ike would Grade high and be detailed for fingerprint.

 

It's inevitable. Computers and machines are evolving exponentially faster than the human. Capitalism will see it through.

 

Slight disagreement, they were manufactured as proof coins, the numerical grade has to come from you-guys.

 

There is also such a thing as market manipulation and stupidity. Some dummies jump the gun and buy the first high grade piece that appears at a high price. They usually get burned, but they are the king of the hill for the registry for a while.

PCGS can also play games. I’ve seen them keep the population of PR-70s down and let some lemmings buy some them at high prices. Then, all at once, a new group of 70s get graded, and the price drops.

All of this is why I almost never play the PR-70 game. I usually buy 69s to keep my NCG registry set up to date for short money. The PR-69s are the pieces that have “flunked” that the dealers often blow off. These dealers make their money on the 70s.

I do have one Jefferson Nickel in PR-70. I bought it for something like $35 just to say I have one. It’s in an NGC holder, which means it’s no big deal. It’s the PCGS 70s that bring the big bucks.

Here is my lone PR-70 Ultra Cameo

 

No. Try to sell a PR-68 or 69 "First Strike" to a dealer.

Let's see. A new issue is ready to go to press. The actual "First Strike" is done and then thousands of coin are struck. For the next few weeks after that, hundreds of coins are sent to the TPGS for a "First Strike" label. It is all a "slick" marketing tool to separate folks from their money.