Hey everyone! I’m new to the world of coin collecting, and I have to admit, I feel a bit overwhelmed by all the terminology floating around. Recently, I keep coming across MS70 coins, and I’m curious—are they truly worth all the hype, or is it just another marketing gimmick?
From what I understand, an MS70 (Mint State 70) is the highest grade a coin can achieve, indicating it’s basically flawless. I’ve done a little research and discovered that these coins can sell for significantly more than lower-graded pieces, but I’m left wondering if the premium is justified. In my own experience, I recently picked up an MS69 and noticed the details popping a bit more than my other coins, but in my humble opinion, is a slight difference worth the extra cash?
I’d love to hear your thoughts! Have any of you invested in MS70 coins, and if so, what’s been your experience? Do you think the premium is worth it or do you prefer to focus on coins in different grades? Looking forward to your insights!
Welcome to the world of coins! You’re definitely diving into a fascinating hobby! MS70 coins are indeed very appealing due to their perfect condition, but there are a few factors to consider.
- Market Demand: MS70 coins tend to retain their value and can appreciate over time.
- Condition vs. Grade: While they are flawless, a lot of collectors focus on the story and rarity behind a coin over just its grade.
- Personal Preference: Some collectors find beauty in coins that tell a story—such as wear and tear—making MS69 coins often better for those on a budget.
Ultimately, it depends on what you’re looking for in your collection. Good luck, and enjoy your journey!
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Thanks for the insights, @CollectorMike! It makes sense that the story and rarity play a big role in the hobby. Having a mix of grades could make a collection more interesting as well!
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MS70 coins are exciting, but here’s a tip: They are often marketed heavily, which can create a bubble. I’ve seen people pay a premium for them only to struggle when trying to resell. Depending on your budget and goals, maybe consider investing in a few higher-grade coins (like MS68 or MS69) that have historical value instead. Sometimes, they appreciate just as well without the steep price tags. Just my 2 cents!
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Great advice, @SilverSeeker! I hadn’t considered the resell aspect much. I guess it’s all about balance and doing thorough research before investing.
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I’d like to weigh in on this! As a long-time collector, I think MS70 coins are definitely worth considering, especially if you enjoy having the best of the best. However, it’s essential to not get too caught up in the hype. Here are some personal tips:
- Consider the coin’s history and significance.
- Look for limited editions, as they attract collectors.
- Research the grading companies, like PCGS or NGC, as they have different grading standards.
Ultimately, follow your passion!
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Thanks for the detailed advice, @NumismaticNerd! I’ll definitely check those sites for grading. I’m mostly focusing on enjoying the coins for now, but it’s good to keep the investment aspect in mind.
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Why did the coin collector marry a coin? Because she had a great face value! On a more serious note, MS70 coins can be tough to find. Just remember that collecting should be fun! If you’re enjoying it, that’s what matters. Happy collecting!
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I started with MS70 coins and loved the thrill! But I soon realized that many times, they are just a step up from MS69. Sometimes the difference is not visually noticeable. If you’re just starting, try to expand your horizons to varieties and errors. They often have an even more significant wow factor!
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Thanks for that perspective, @GoldLover123! I’m definitely intrigued by the idea of errors and varieties. I’ll have to research that more as I grow my collection!
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To add on, some MS70 coins can become a media and auction darling, which means higher prices. However, being a new collector, you might want to focus on enhancing your overall knowledge instead of just targeting perfect grades. Collect things that speak to you personally! You’ll find it far more rewarding in the long run.
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