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<p>[QUOTE="johnmilton, post: 4903055, member: 101855"]My observation is that “perfect condition” in a modern coin is a piece in a PCGS MS-70 holder. Those are the only super common, modern coins that are going to bring “stupid money” from someone. The real grade of the coin is close to secondary. It’s fact that it’s in a PCGS holder and has MS-70 on it that counts.</p><p><br /></p><p>Why is this do? The reason seems to be the PCGS registry, which has become “the gold standard” for many collectors who are looking for prestige and bragging rights. NGC graded modern coins are worth a lot less in the same grade.</p><p><br /></p><p>Years ago, a collector got a modern date (circa 2010s) Lincoln Cent in an MS-70 Red holder. I think the coin traded for something like $15,000.</p><p><br /></p><p>To me it’s all foolishness for a variety of reasons.</p><p><br /></p><p>First, the coin is only a condition rarity according to one grading service. Overall the coin almost as common as dirt.</p><p><br /></p><p>Second, the difference between an MS -70 and a 68 or 69 is imperceptible to the vast number of collectors.</p><p><br /></p><p>Third, PCGS rides herd over the number of these high grade pieces they issue. They control the supply and the market. Over time I’ve seen instances where they issue more high grade pieces, and prices collapse as a result.</p><p><br /></p><p>Fourth, if the coin tones or gets one spot, you are dead. Your big bucks are down the drain. These copper coated zinc cents are even more fragile than conventional red copper. Those who buy these coins should keep that in mind.</p><p><br /></p><p>As for the answer to your question, the highest graded 2006 cent in a PCGS holder is an MS-68 Red. PCGS Coin Facts says it’s worth $2,150. Auction prices show a range from $1,528 to $2,640 from 2009 to 2020.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4903055, member: 101855"]My observation is that “perfect condition” in a modern coin is a piece in a PCGS MS-70 holder. Those are the only super common, modern coins that are going to bring “stupid money” from someone. The real grade of the coin is close to secondary. It’s fact that it’s in a PCGS holder and has MS-70 on it that counts. Why is this do? The reason seems to be the PCGS registry, which has become “the gold standard” for many collectors who are looking for prestige and bragging rights. NGC graded modern coins are worth a lot less in the same grade. Years ago, a collector got a modern date (circa 2010s) Lincoln Cent in an MS-70 Red holder. I think the coin traded for something like $15,000. To me it’s all foolishness for a variety of reasons. First, the coin is only a condition rarity according to one grading service. Overall the coin almost as common as dirt. Second, the difference between an MS -70 and a 68 or 69 is imperceptible to the vast number of collectors. Third, PCGS rides herd over the number of these high grade pieces they issue. They control the supply and the market. Over time I’ve seen instances where they issue more high grade pieces, and prices collapse as a result. Fourth, if the coin tones or gets one spot, you are dead. Your big bucks are down the drain. These copper coated zinc cents are even more fragile than conventional red copper. Those who buy these coins should keep that in mind. As for the answer to your question, the highest graded 2006 cent in a PCGS holder is an MS-68 Red. PCGS Coin Facts says it’s worth $2,150. Auction prices show a range from $1,528 to $2,640 from 2009 to 2020.[/QUOTE]
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