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<p>[QUOTE="John Burgess, post: 8172433, member: 105098"]like lincoln cents for instance it's more than just "this coin is the nicest I've seen". there's a lot of market factor involved. rarity or scarcity, condition rarity, population.... there's just more to it, is what I mean.</p><p><br /></p><p>PCGS population report has the 2005-2010 MS coins, and then it has the mint set coins as "SP". These were made by the mint as "Satin Finish" for the mint sets, there were no business strike mint sets those years that didn't have the different finish from the circulation strikes.</p><p><br /></p><p><a href="https://www.pcgs.com/pop/detail/category/47?l=lincoln-cent-modern-1959-date&ccid=0&t=3&p=MS&pn=4" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/pop/detail/category/47?l=lincoln-cent-modern-1959-date&ccid=0&t=3&p=MS&pn=4" rel="nofollow">https://www.pcgs.com/pop/detail/category/47?l=lincoln-cent-modern-1959-date&ccid=0&t=3&p=MS&pn=4</a></p><p><br /></p><p><a href="https://www.pcgs.com/pop/detail/lincoln-cent-modern-1959-date/47?ccid=0&t=3&p=SP" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/pop/detail/lincoln-cent-modern-1959-date/47?ccid=0&t=3&p=SP" rel="nofollow">https://www.pcgs.com/pop/detail/lincoln-cent-modern-1959-date/47?ccid=0&t=3&p=SP</a></p><p><br /></p><p>As a result, the SP coins have many SP69 and a few SP70 even, the business strike or "MS" or circulation strike coins from 2005-2010 stop at MS68, and those are few and far between, while the SP coins from the mint sets graded highly for the most part. </p><p><br /></p><p>What's it mean? Well it could mean the Mint set coins were better... It could also mean that the grading companies decided to market grade the satin finish mint set coins more leniently than they do the business strike MS coins for resellers.</p><p> </p><p>Hard to say but this translates into a 2006D MS67 selling for around $55, with MS68 being a top population of 11 that sells for around $1500. And the 2006D SP67 selling for about $12 if you are lucky, a SP68 sold on great collections for $3. it needs to be SP70 for it to get anywhere near the $1500 range. SP69 sell for like $35.</p><p><br /></p><p>Oddly, or I should say not surprisingly enough, from 2011 onward, it's rare for any cents to grade higher than MS68 again, which kind of confirms the suspicion that the grading companies graded the mint set satin finish coins more loosely than the circulation strike counterparts. made some "satin finish" special labels and cashed in on that HSN money giving them something to sell for a decent markup... it is what it is.</p><p><br /></p><p>I have my opinion on what my coins grade, someone else might have an opinion that differs. </p><p>A 3rd party grading company provides an evaluation and opinion for a fee. If you find value in that service, that's fine,.but it's just that, the opinion of an outsider with no skin in the game telling you what they think of it, and they are as wrong as anyone else sometimes, but they are more experienced than many people are also, so there's that. If the money is at MS67 and you know that's what your coin is, yet a a prospective buyer is offering MS64 money, there's value to getting a coin graded. if you don't intend to sell, or have no need for the 3rd parties opinion, it's just spending money to spend money in my opinion.</p><p>Anyways, I'm a rambler and get long winded. I've been collecting my entire life. I don't own a single 3rd party graded coin, i don't know if I ever will but I suspect I will at some point,,,the only question is, will I crack it out if I do buy one... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8172433, member: 105098"]like lincoln cents for instance it's more than just "this coin is the nicest I've seen". there's a lot of market factor involved. rarity or scarcity, condition rarity, population.... there's just more to it, is what I mean. PCGS population report has the 2005-2010 MS coins, and then it has the mint set coins as "SP". These were made by the mint as "Satin Finish" for the mint sets, there were no business strike mint sets those years that didn't have the different finish from the circulation strikes. [URL]https://www.pcgs.com/pop/detail/category/47?l=lincoln-cent-modern-1959-date&ccid=0&t=3&p=MS&pn=4[/URL] [URL]https://www.pcgs.com/pop/detail/lincoln-cent-modern-1959-date/47?ccid=0&t=3&p=SP[/URL] As a result, the SP coins have many SP69 and a few SP70 even, the business strike or "MS" or circulation strike coins from 2005-2010 stop at MS68, and those are few and far between, while the SP coins from the mint sets graded highly for the most part. What's it mean? Well it could mean the Mint set coins were better... It could also mean that the grading companies decided to market grade the satin finish mint set coins more leniently than they do the business strike MS coins for resellers. Hard to say but this translates into a 2006D MS67 selling for around $55, with MS68 being a top population of 11 that sells for around $1500. And the 2006D SP67 selling for about $12 if you are lucky, a SP68 sold on great collections for $3. it needs to be SP70 for it to get anywhere near the $1500 range. SP69 sell for like $35. Oddly, or I should say not surprisingly enough, from 2011 onward, it's rare for any cents to grade higher than MS68 again, which kind of confirms the suspicion that the grading companies graded the mint set satin finish coins more loosely than the circulation strike counterparts. made some "satin finish" special labels and cashed in on that HSN money giving them something to sell for a decent markup... it is what it is. I have my opinion on what my coins grade, someone else might have an opinion that differs. A 3rd party grading company provides an evaluation and opinion for a fee. If you find value in that service, that's fine,.but it's just that, the opinion of an outsider with no skin in the game telling you what they think of it, and they are as wrong as anyone else sometimes, but they are more experienced than many people are also, so there's that. If the money is at MS67 and you know that's what your coin is, yet a a prospective buyer is offering MS64 money, there's value to getting a coin graded. if you don't intend to sell, or have no need for the 3rd parties opinion, it's just spending money to spend money in my opinion. Anyways, I'm a rambler and get long winded. I've been collecting my entire life. I don't own a single 3rd party graded coin, i don't know if I ever will but I suspect I will at some point,,,the only question is, will I crack it out if I do buy one... :)[/QUOTE]
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