How do I get high grade MS coins?

Discussion in 'Coin Chat' started by Brian KY, Aug 28, 2013.

  1. Brian KY

    Brian KY Member

    Hi, I am new to coins and I was wondering where people get the MS coins originally after mintage? How do I get the new style quarters, etc before they are damaged or circulated.. Is there a way to order new rolls from a bank or such that could make these grades?? thanks
     
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  3. easj3699

    easj3699 Well-Known Member

  4. PennyGuy

    PennyGuy US and CDN Copper

    Ordering directly from the mint will allow you to select the best coins for submission to a grading service. Alternately, you can just shop for the coins you want after someone else has paid to have them graded. If you do a internet search for NGC coin grading, and PCGS coin grading you will find a wealth of information on the subject.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Your chances of finding an MS70 coin direct from the Mint are very slim unless you buy large quantities to submit in bulk to one of the grading services. It would be extremely rare to find a perfect coin in a bag or roll, and buying large quantities of Mint Sets would be cost prohibitive unless you have deep pockets. Your best bet would be to buy them already graded. The down side to this is that most of them will be very expensive.

    I generally recommend that if you can't tell the difference between a 69 & 70 that you buy the 69. It will save you a heck of a lot of money.

    Chris
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    Define what high grade means to you.
     
  7. spock1k

    spock1k King of Hearts

    MS 92 and up before you start bursting with laughter you should check out CGS :D
     
  8. Dean 295

    Dean 295 D.O.M.

    Would you believe "62" and up.
     
  9. cladking

    cladking Coin Collector

    Almost all the nicest coins go into mint sets. This varies from year to year, denomination, and mint but a good rule of thumb is the finest made specimen for any coin made since 1965 will appear in a mint set. There are superbly done specimens made for circulation but these will usually not be quite as nice as a coin made for a set. Some specific coins can be very rare as Gems in mint sets for various reasons. For the main part most coins made since 1965 aren't available anywhere else anyway.

    Most collectors would be well advised to stay out of trying to acquire high grade coins made in the last three years unless they are searching coins at face value or at a tiny premium. There's a lot of activity in very recent coins and prices can be highly erratic making it very speculative and difficult to profit and potentially very expensive to add coins to a collection. Older mint sets are usually available for a song and are usually unsearched except for the obvious things like varieties and cameos etc.

    These older mint sets aren't going to be around forever as most believe because there is a continuing demand for the coins in them and they keep falling under the knife. It used to be possible to acquire them many hundreds at a time and now you're usually lucky to find a dozen or two.
     
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