MS70 grade coins

[eminentreturn-migration]

Hi, I am new to grading mint coins. Anyone know what percentage that are sent in that come directly from the mint would be graded MS70? I want to send in 10 chinese pandas but only if there is a good chance one might grade MS70.

 

Thanks.

[MA_Coins-migration]

maybe 1-5% but Im no expert just taking a guess... Its really low though

[TomB]

I believe the odds are significantly lower than the 1-5% quoted above.

[cpm9ball]

I believe the odds are significantly lower than the 1-5% quoted above.

 

More like .00001%.

[James_OldeTowne]

I actually think the 1-5% estimate is reasonable. But that means you'll have to go out and buy say 50 of these coins - and pay to have them all certified - to have a chance at an MS-70 grade.

 

Better to simply buy one in that grade.

 

Of course, I'm referring to special issues, such as the Panda coin in particular - the odds of any particular speciment of general issue U.S. coin grading MS-70 are very poor.

 

James

[Beijim]

You might consider spending a little time with the population reports at www.ngccoin.com (click the Census link at the top). If NGC has graded a sufficient number of the coin in which you're interested, you can get a general feel for the percentages. Obviously, your mileage may vary, and here I agree with the observation that submitting (for example) ten coins against a population where approximately 10% grade 70 doesn't in any way imply that at least one such example will be among the ten you submit.

 

It can be a frustrating game at times; at others it can exhilirate with a pleasant surprise. Good luck.

 

Beijim