What does MS69 mean on a coin?

What does MS69 mean on a coin?

MS69 is a grade rating. MS = Mint State which indicates the coin has never been circulated and is still in its original Mint-issued condition. Grading services assign a grade from 1 to 70, with 70 consider almost perfect with the coin in the exact same condition as when struck by the Mint.

What does PCGS MS69 mean?

MS69: Any imperfection, hairlines, etc, are virtually undetectable under magnification. Finding business strike U.S. coins graded this high is rare. MS68: An very prominent, well defined strike. Full mint luster. Outstanding eye appeal.

Which is better MS69 or MS70?

An MS70 grade is the highest a coin may receive, designating it as a “perfect” coin with no blemishes, a vibrant shine, and a full strike. A coin with an MS69 rating is near-perfect, but has some form of identifiable disfiguring, such as a hairline scratch.

Are MS69 coins worth it?

You will be shocked to learn that the high premium you initially paid has evaporated and the MS69 coins are worth about the same as raw coins while the perfect MS70 coins might only be worth slightly more than an ungraded coin. For this reason, both PCGS and NGC no longer guarantee the grade on any silver eagle coins.

Are graded coins worth more?

The higher the grade, the more the coin is worth. High grade coins are rarer than low grade coins. Collectors pay more for coins in higher grades.

Are graded coins a good investment?

Investment Grade Coins are one step away from Rare Coins. Investment Grade Coins are typically sold individually or in rolls, and with the passing years have proven stronger returns. Investment Grade Coins are also of great quality and are scarce, which means they have strong investor demand!

What is the highest grade coin?

The Official American Numismatic Association Grading Standards for United States Coins, the essential book on coin grading, describes MS-70 as “The perfect coin.” It goes on to define this grade, stating: “No contact marks are visible under magnification.

What is a MS 63 grade?

A coin graded MS-63 has a mint luster that may be slightly impaired. Numerous small contact marks and a few scattered heavy marks may be seen. Small hairlines may be visible without magnification. Several detracting scuff marks or defects may be present throughout the design or in the fields.

What does MS70 stand for?

perfect mint state
William Sheldon that grades coins from 1 (barely identifiable) to 70 (absolute perfection). Only a tiny fraction of the coins produced each year have the full strike and flawless surfaces required to be considered perfect mint state 70 (MS70) or Proof 70 (PR70).

Does grading coins increase value?

The more valuable the coin is, the more it costs to have it graded. It is a much better value to get expensive coins graded than it is to get common coins graded. That is why you see most coins worth over $5,000 in grading holders and why you don’t see a lot of low value graded coins.

What coins should be graded?

All rare, low mintage or key date coins (typically mintages of under a million coins) should be evaluated individually for submission to a third-party grading service. Some extremely low mintage key date coins (under 100,000), can benefit from being certified by PCGS or NGC, even if they’re in circulated condition.

Which is the best grade for a MS 69 coin?

A coin graded MS-69 has a very attractive sharp strike and full original luster for the date and mint, with no more than two small non-detracting contact marks or flaws. No hairlines or scuff marks can be seen even under magnification. The coin has exceptional eye appeal.

How did the US Mint strike the Sacagawea dollar?

The United States Mint struck them on burnished planchets that gave them a proof-like or “Specimen” appearance. She had all 5,000 coins encapsulated and certified by Independent Coin Grading Company (ICG).

How to find the value of a Sacagawea dollar?

If you want to learn the value of your Sacagawea Dollar then you must know the coin’s grade, condition, and if it’s authentic. You do this by taking your coin to a reputable coin dealer or sending your coin to PCGS or NGC (fees do apply with these services).

Who is the woman on the Sacagawea coin?

The woman pictured on the coin is actually a 22 year old college student named Randy’L He-dow Teton. -Most Sacagaweas are used in the United States in vending machines or hoarded by collectors who hope the coins will someday be worth a lot of money. We don’t see the coins too much in commerce for that reason.