Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
MS/PR69 OR MS/PR70~Can you tell the difference?
>
Reply to Thread
Message:
<p>[QUOTE="clembo, post: 518355, member: 8033"]How many members here think they could tell the difference between an MS70 coin and an MS69 before it was sent to a major TPG? Let's assume PCGS and NGC here.</p><p>How many members here think they could tell the difference between a PR70 coin and a PR70 coin before it was sent to one of the aforementioned TPGS?</p><p><br /></p><p>I ask this question because so many are looking for those grades in modern mint issues. Be it from mint sets, proof sets, or the many products the mint now produces.</p><p><br /></p><p>Of course everyone is REALLY looking for the 70. Now if I were to get a 69 and a 70 of the exact same coin graded by PCGS or NGC but NOT YET in the holder would you be able to REALLY tell the difference and justify paying a hefty premium for it?</p><p>I sincerely doubt most would.</p><p><br /></p><p>We send stuff in all the time at work and I often get elected to chose what to send in. Proof issues? Yes, I have seen a few that I thought merited the grade and sometimes they get that grade but I am, by no means, a professional grader.</p><p><br /></p><p>As for MS coins? I have YET to see one that I would grade MS70. I pick what I feel are the best and at times they come back as MS70. It makes the boss happy but I don't agree with the grade.</p><p>Someone will pay much more for that MS70 because it reads so on the slab. What a shame IMHO.</p><p><br /></p><p>How about "First Strikes"? Follow the rules and you get a "first strike" designation. Same old story folks. If NOT in a piece of plastic that has been evaluated by "professionals" would you be able to tell?</p><p><br /></p><p>I DO feel that TPGs have an important role in protecting buyers from fraud, counterfeits, etc. especially in this day. However, I also feel they are going overboard and catering to dealers on the modern stuff.</p><p><br /></p><p>If I could buy a 1oz Gold Eagle in MS68 at melt or "upgrade" to an MS70 Gold Eagle for a $500 premium I'm going for the 68 every day. It's an ounce of gold and nothing more.</p><p><br /></p><p>Way back when I joined CoinTalk I introduced myself as someone that was not happy with what TPGs are doing to the hobby. I obviously still hold on to those feelings to an extent.</p><p><br /></p><p>Thoughts? Opinions?</p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 518355, member: 8033"]How many members here think they could tell the difference between an MS70 coin and an MS69 before it was sent to a major TPG? Let's assume PCGS and NGC here. How many members here think they could tell the difference between a PR70 coin and a PR70 coin before it was sent to one of the aforementioned TPGS? I ask this question because so many are looking for those grades in modern mint issues. Be it from mint sets, proof sets, or the many products the mint now produces. Of course everyone is REALLY looking for the 70. Now if I were to get a 69 and a 70 of the exact same coin graded by PCGS or NGC but NOT YET in the holder would you be able to REALLY tell the difference and justify paying a hefty premium for it? I sincerely doubt most would. We send stuff in all the time at work and I often get elected to chose what to send in. Proof issues? Yes, I have seen a few that I thought merited the grade and sometimes they get that grade but I am, by no means, a professional grader. As for MS coins? I have YET to see one that I would grade MS70. I pick what I feel are the best and at times they come back as MS70. It makes the boss happy but I don't agree with the grade. Someone will pay much more for that MS70 because it reads so on the slab. What a shame IMHO. How about "First Strikes"? Follow the rules and you get a "first strike" designation. Same old story folks. If NOT in a piece of plastic that has been evaluated by "professionals" would you be able to tell? I DO feel that TPGs have an important role in protecting buyers from fraud, counterfeits, etc. especially in this day. However, I also feel they are going overboard and catering to dealers on the modern stuff. If I could buy a 1oz Gold Eagle in MS68 at melt or "upgrade" to an MS70 Gold Eagle for a $500 premium I'm going for the 68 every day. It's an ounce of gold and nothing more. Way back when I joined CoinTalk I introduced myself as someone that was not happy with what TPGs are doing to the hobby. I obviously still hold on to those feelings to an extent. Thoughts? Opinions? clembo[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
MS/PR69 OR MS/PR70~Can you tell the difference?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...