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<p>[QUOTE=&quot;GDJMSP, post: 1997557, member: 112&quot;]A lot of people use that line of thinking, that there are all these 70 grade coins out there just sitting in original packaging waiting to be graded. But are they ? </p><p><br /></p><p>The numbers you quoted above show that today there are 81 of the &#039;86 cents graded 70. But at the end of 2003 there were 26 of them. So in over 10 years time, and even considering the TPGs loosened their grading standards since then, that number has only increased by 55 coins. That doesn&#039;t exactly indicate that there are just thousands of the 70 grade coins sitting out there waiting to be graded. </p><p><br /></p><p>It took them (PCGS) 17 years to grade 26 of them a 70. It took another 11 years to grade 55 more of them a 70. So in 28 years time and with a loosening of standards, still 81 have been graded 70.</p><p><br /></p><p>Now the &#039;86 Proof had a mintage of just over 3 million. The BTW, if you include all of them, also had a mintage of roughly 3 million. And the numbers of the &#039;86 cent graded 70, and the numbers of the BTW graded 67 are also roughly the same. And both with a very similar increase in value.</p><p><br /></p><p><br /></p><p><br /></p><p>Do they, the 67 BTW&#039;s and the 70 &#039;86 cents, have the same survival rate today ? Who knows, but the numbers, all the way around, are remarkably similar - are they not ?</p><p><br /></p><p>Again, point is condition rarity applies to ALL coins, and always has. Just like Chris said, it applies with the ancients he collects. It applied with the medieval gold I used to collect. And it applies with the moderns of today.[/QUOTE]</p><p><br /></p>

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