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<p>[QUOTE="illini420, post: 825463, member: 19423"]I have never paid a premium for any MS70 or PR70 coins because I can find MS69/PR69 coins that look perfect to me, even under a 10x loupe, usually for a fraction of the price. I think the 70s only really matter to folks who compete at the top of the set registries and who have the money to pay for a top ranking. Otherwise, it just doesn't make too much sense to pay that premium. </p><p> </p><p>There was a 1995-W PCGS PR70DCAM (only the second one graded 70 by PCGS) on Teletrade last night and the reserve was $40,000 (plus another $6000 in buyer's premium). I can't think of any reason other than Registry competition that someone would pay $46k for that coin when a "perfect" PR69DCAM can be bought for less than $3k. Heck, you could buy 15 69DCAMs instead of that one 70!!</p><p> </p><p>In short, if you can't tell the difference between a 69 or a 70, you really need to ask yourself why on earth would you ever pay a premium for something you can't see!! Would you ever pay a huge premium for a minor repunched mintmark, or a minor DDO variety that you couldn't even see with a 10x loupe??? Most likely not and that's why those minor varieties are usually worth very little premium.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 825463, member: 19423"]I have never paid a premium for any MS70 or PR70 coins because I can find MS69/PR69 coins that look perfect to me, even under a 10x loupe, usually for a fraction of the price. I think the 70s only really matter to folks who compete at the top of the set registries and who have the money to pay for a top ranking. Otherwise, it just doesn't make too much sense to pay that premium. There was a 1995-W PCGS PR70DCAM (only the second one graded 70 by PCGS) on Teletrade last night and the reserve was $40,000 (plus another $6000 in buyer's premium). I can't think of any reason other than Registry competition that someone would pay $46k for that coin when a "perfect" PR69DCAM can be bought for less than $3k. Heck, you could buy 15 69DCAMs instead of that one 70!! In short, if you can't tell the difference between a 69 or a 70, you really need to ask yourself why on earth would you ever pay a premium for something you can't see!! Would you ever pay a huge premium for a minor repunched mintmark, or a minor DDO variety that you couldn't even see with a 10x loupe??? Most likely not and that's why those minor varieties are usually worth very little premium.[/QUOTE]
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