pcgs ms69 vs ms70

Discussion in 'US Coins Forum' started by mr2005, Apr 11, 2009.

  1. mr2005

    mr2005 Junior Member

    I typically buy pcgs ms69 coins. For long term value, is ms70 a better buy?

    the premium is obviously large on the ms70s, but does it make it worth while down the ride if i were to sell a coin.
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  3. mark_h

    mark_h Somewhere over the rainbow

    Not in my opinion. I don't think the extra cost is worth it. 70's are only good for registry sets in my opinion. I figured you were talking about modern eagle coins.
  4. hontonai

    hontonai Registered Contrarian

    Right on! Other than the bragging rights, there is no real difference between a 69, with one infinitesimal problem, and a 70 with no problems under the magnification used.

    The difference reminds me of the situation at the Rolls Royce Owners Club national meeting in the late 60s or early 70s when my Dad's car wound up in a tie with another one for best in show. On reinspection they found a quarter-inch tear in the trunk carpet on Dad's car, and that knocked him down to second place.
  5. CamaroDMD

    CamaroDMD Supporter! Supporter

    I agree. People who pay the huge premiums are looking for "points" for their registry. I personally can't tell a 69 from a 70 usually. I think you'd be better off spending the same dollar amount and getting more coins in a 69 than buying a few 70s. These ultra high graded coins haven't existed a long time and I don't know if these huge premiums will last forever. So, again...I'd buy more coins in 69 than less in 70 (with the same money) and thereby invest more in the coin and less in the slab.
  6. Hobo

    Hobo Squirrel Hater

    Buy the coin, not the slab.
  7. Mr. Coin Lover

    Mr. Coin Lover Supporter**

    I think 10 to 20 years from now the people that paid all these big premiums for MS-70 are going to be disappointed. Without doing a statistical analysis there just appears to be too many 70's around. I know there are exceptions, but I'm not convinced it is worth the premium. It is to me a definite case of buying the slab and not the coin. Registry set building is another thing, go for it if you want and can afford it. Personally I would rather be able to have more coins than less coins especially with the difference undetectable by the looking at them.
  8. commidaddy

    commidaddy Senior Member

    I don't think I'll ever buy a coin slabbed as MS70. I personally don't believe in that grade--it seems too unrealistic. I'd buy an MS69 over an MS70 anyday...less money means more coins.
  9. CamaroDMD

    CamaroDMD Supporter! Supporter

    I agree that I probably won't buy one either. It's not that I don't think the grade exists, because based on how the TPGs define a coin it does...they aren't flawless, they just have excellent strikes and no noticeable defects at 5x magnification. But, the difference between a 69 and a 70 is so minimal it's not worth the huge premiums to me. I'd rather have more coins for the same cost that grade 69 than less coins that are a 70.
  10. mrbrklyn

    mrbrklyn New Member

    It is too soon for this thread to return. Please return to this in 60 days. We have filled our quarterly quota for this topic.

    So which do you like better? Peace Dollars or Morgans?
  11. mr2005

    mr2005 Junior Member

    sorry . i am new.
  12. mrbrklyn

    mrbrklyn New Member

    I'm being toung in cheek but we do cover this repeatedly every few weeks.

    Do a search and you'll find some long threads on MS70 grades
  13. the_man12

    the_man12 Amateur Photographer

    I don't think I will even buy an MS69. That high of a grade means modern (unless it is certified by SGS but then there is no premium for the 70 grade).
    Argenteus Fossil likes this.
  14. mrbrklyn

    mrbrklyn New Member

  15. mrbrklyn

    mrbrklyn New Member

  16. Eddie47

    Eddie47 New Member

    I'm putting my American silver eagles in albums...some coins that I order are in air tight containers that are easy to open.....some come packed in rectangle containers that need a bomb to open...I've needed pliers to break open to get at the coin....my question is am I making a mistake cracking open these containers? How else can I order them so they are not packed like a stick of dynamite? Thanks in advance and you can see I'm new so be gentle.
  17. Dancing Fire

    Dancing Fire Junior Member

    Buy one roll at a time.
  18. RhinoEmpire

    RhinoEmpire Hi-Yo (Ag)

    You know, lots of great answers, but this says it all.
  19. jpcienkus

    jpcienkus Coinaholic

    I also enjoy putting a bullion ASE in a Dansco. I don't expect to make any money. It's just one part of the hobby I enjoy.

    For those tough to remove coins, get a hair dryer and gently heat the outer container. The coin should fall out within a minute or two. BTW, It's best to have a towel or something soft for it to land on....lol.
  20. Treashunt

    Treashunt The Other Frank

    They are both a waste.
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