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<p>[QUOTE=&quot;Vess1, post: 1379943, member: 13650&quot;]I have some 70s in my collection and I agree and disagree with what&#039;s been said.&nbsp; &nbsp; I understand the theory behind the 70 grade in that there has to be a top grade.&nbsp; If we didnt have the 70 grade than 69s would be the top grade and probably way over-inflated.&nbsp;&nbsp; In that case, we should be happy that 69s can be purchased at a huge discount.&nbsp; </p><p><br /></p><p>&nbsp; What I&#039;ve noticed is that sometimes you can find 70s that are not priced all that much higher than the 69 grade.&nbsp;&nbsp; In those cases, I will usually opt for the 70.&nbsp;&nbsp; I too would much rather buy the 69 most of the time. </p><p><br /></p><p>&nbsp;&nbsp; A good example is the 2001 Buffalo commemoratives.&nbsp; $130 to $150, for a 69, some people think that is over-inflated.&nbsp; Then a 70 goes to a few hundred or more.&nbsp; The 70 is not worth it in that scenario to me.&nbsp; Not worth double the value of the 69.&nbsp; &nbsp; If it was $180 for the 70, I&#039;d probably pay the premium to get one.&nbsp; &nbsp; </p><p><br /></p><p>&nbsp; The 70s I have are perfect, mark, nick, scuff free coins.&nbsp; &nbsp; That&#039;s what people are paying for.&nbsp; Most 69s you can tell why they received the grade.&nbsp; Some you can&#039;t.&nbsp; I don&#039;t feel that 70 is a fake grade, although many problems are so minor it becomes like splitting hairs.&nbsp; I still agree that it&#039;s gotten way out of hand.&nbsp; Especially on some of these silver state quarters.&nbsp; It&#039;s insane.&nbsp;&nbsp; I have MS69 graded coins that are plenty nice for me.&nbsp; &nbsp; </p><p><br /></p><p><br /></p><p>&nbsp; I think you have to use a little common sense in considering them.&nbsp; Do you want a 19th century gold coin or a PF70 state quarter that has a low population (for now) and is barely any different than the 69 version?&nbsp; Which has more long term potential of gaining value?</p><p>&nbsp;&nbsp;&nbsp; Maybe there will always be die hard 70 collectors?&nbsp; Who knows?&nbsp; &nbsp; The quality of all coins plays a role in price.&nbsp; The issue is that the coins in question are collector coins, never handled, never circulated and ALL saved.&nbsp; The only minor problems they can exhibit is damage that occurred at the mint.&nbsp;&nbsp; The theory is that nearly everything the mint kicks out is 69 quality and only some can achieve 70 quality.&nbsp; I agree with this.&nbsp;&nbsp; I&#039;ve seen plenty of 69s with nicks, marks, scuffs, spots, specks, etc....&nbsp; That&#039;s the norm.&nbsp; I feel that 70s are above the norm for making it through totally unscathed.</p><p><br /></p><p>&nbsp; I guess I&#039;m of the camp that in most cases, they deserve a slight premium but not several multiples of what 69s go for.&nbsp;&nbsp; It would be risky to dump everything into 70 quality coins at current values.[/QUOTE]</p><p><br /></p>

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