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Why is this not a PR70?
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<p>[QUOTE="1865King, post: 7371170, member: 103207"]I don't think a true 70 can exist. I wouldn't doubt that if I took a micro scope to a coin graded Proof 70 I could find something wrong. Just like when they use the terminology of deep cameo or ultra deep cameo on a modern coin. Who Cares!!! The oddity would be finding a coin that you couldn't classify as deep cameo. I recently saw a silver eagle in an MS 70 slab that developed a spot. The spot could have come from someone that breathing while putting the coin in a slab or from the person that took it out of it's original packaging. One thing I wont do is pay big money for a modern coin in proof or mint state 70 slab. Some of those prices are simply nuts. Many years ago I saw an 1995 W silver Eagle proof 70 go for around $75,000.00 when a proof 69 was selling for around $5,000.00. I think that was because there very few graded at that level. That number changed very fast now there are 423 certified by PCGS. Here's the other thing about the 95 W proof sliver eagle. Most are likely still sitting in the original mint packaging with the gold proofs. There were around 35,000 struck and so far PCGS has certified 4,723. I didn't check NGC but, lets just assume that excluding resubmissions about 6,000 to 7,000 have been slabbed. That leaves about 28,000 or 29,000 still out there waiting to be cracked out. Don't put to much weight on whether a coin grades 69 or 70 most people can't really tell the difference.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 7371170, member: 103207"]I don't think a true 70 can exist. I wouldn't doubt that if I took a micro scope to a coin graded Proof 70 I could find something wrong. Just like when they use the terminology of deep cameo or ultra deep cameo on a modern coin. Who Cares!!! The oddity would be finding a coin that you couldn't classify as deep cameo. I recently saw a silver eagle in an MS 70 slab that developed a spot. The spot could have come from someone that breathing while putting the coin in a slab or from the person that took it out of it's original packaging. One thing I wont do is pay big money for a modern coin in proof or mint state 70 slab. Some of those prices are simply nuts. Many years ago I saw an 1995 W silver Eagle proof 70 go for around $75,000.00 when a proof 69 was selling for around $5,000.00. I think that was because there very few graded at that level. That number changed very fast now there are 423 certified by PCGS. Here's the other thing about the 95 W proof sliver eagle. Most are likely still sitting in the original mint packaging with the gold proofs. There were around 35,000 struck and so far PCGS has certified 4,723. I didn't check NGC but, lets just assume that excluding resubmissions about 6,000 to 7,000 have been slabbed. That leaves about 28,000 or 29,000 still out there waiting to be cracked out. Don't put to much weight on whether a coin grades 69 or 70 most people can't really tell the difference.[/QUOTE]
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Why is this not a PR70?
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