Got some 2011 silver eagles (non-proof) that appear to be MS-69 or MS-70. Just wondering if anyone knows what exactly makes one qualify as MS-70? Please don't say perfect, because I can find a flaw with any coin given a magnifying glass and enough time. If I can be 75% sure they are 70's I will submit them.
It isn't all luck. Using a 10x loupe, hold the coin under a good light (halogen if you have one), and slowly tilt it back and forth in all directions looking for the small nicks & ticks that will shine when the light hits them at a certain angle. Even the smallest pinpoint-sized mark can keep a coin from getting a 70 (if the grader spots it). Don't forget to check the rims, too. Sometimes, small marks on the rim will be given a "pass", but if they are visible enough, maybe not. Chris
If you have to ask, don't waste your time and money trying. If you are set on the idea of getting 70's, switch over to submitting 2010 Proof ASEs. PCGS has been slabbing over 80% of them as 70's. But you better sell 'em quick. Because as soon as the public realizes how many of them there are, they'll be dirt cheap.
Myself personally, don't fret over what a 1 oz. silver round will grade, because in the end you still have 1 oz. of .999 silver worth spot price + $2 - $5.
Thanks for this useful info! Does the quality of the strike matter? Or is it purely based on defects?
Quality of strike DOES matter, but usually is not a big issue in ASEs. Peace dollars are an example of a series that had issues with strike quality.