Difference Between MS66 and MS67

What are the determining factors in a coin grading MS66 instead of MS67 and why is there such a larger increase in value in 67? PCGS places a huge premium on 67 as compared to 66.

 

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I think....
It's the same determining factors that are used to distinguish between the other high grades. Those being: amount of contact marks, strike quality, luster and eye appeal. When it comes to a business trike coin, 67 is darn near perfect. It will have exceptional eye appeal, have a great strike, be centered on the planchet, booming carthwheel luster and have little or no noticeable contact marks.

 

thanks gbroke I appreciate it. How rare do you think it is for business strike coins to receive a 67?

 

It completely depends on the coin in question, the mint and the year. Modern coins can have plenty of 67's, while older business strikes have none. There are also modern coins that will be very rare in 67. Just take a look at PCGS or numismedia price guide. You can get a good idea on rarity based on the value for the 67's.

You can also check out the populations at PCGS.

 

If I remember correctly you collect nickels a lot, am I correct? Do you have any MS67 nickels from the 80's (87D in particular) and would you be able to post any pics?

 

Well there are only 2 graded at PCGS in 67, and I don't own one of them.

 

Lol, I didn't realize that could be checked, where do you find that?

 

http://www.pcgs.com/pop/

 

Thank you

 

I certainly do not think this coin is a 67 but I wanted to see how far a coin like this is from a 67. What grade would you give this?

 

Both Greg and Tom know more about nickels than I do, but this one has way too many contact marks for my taste. I think it would be MS65, at best.

But, what do I know!

Chris

 

Thank you Chris I appreciate it. I still really struggle grading, but was hoping this might receive a 65.

 

Is there free access to NGC pop reports??

 

Thank you Doug.

 

I agree with this. PCGS 63 - NGC 64 (maybe)

 

Yes.
http://www.ngccoin.com/poplookup/us-coin-census.aspx

 

the reason that there is such a large jump in values is because many coins don't leave the mint at a 67 (many aren't even a 65 when they leave), 67-68 is about the grade of a coin the second it is stuck, 69 and 70 are mainly a matter of the sharpness of the strike (and of course, the marks, but I don't expect to see a 69 with any marks under 8x) then the coins mix with the other coins and they get scratches, marks, dings, ect.

 

there probably are no (true) ms 67 coins in reality.

 

I would agree with this also. The reverse is 65, but the obverse is 63 in my view at best.