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Grading

Numerical Grades

Uncirculated Grades:
MS70 - Perfect
MS69 - No Visible flaws under a 10X lens
MS68 - Small flaws w/ 10X lens
MS67 - Detractions  w/ 5X lens
MS66 - Virtually flawless with MS67 characteristics
MS65 - Virtually flawless with minor imperfections
MS64 - Detracting overall characteristics such as too many surface marks
MS63 - Noticeable marks visible to the unaided eye
MS62 - Above average Mint state example. It should not overwhelm the viewer with flaws.
MS61 - Must not have wear on high points. Will have flaws.
MS60 - No wear on high points. Will have major detractions.

For our example lets take a look at the Kennedy Half Dollar. We will take a look at various grades and see what the differences are in the coins. For our examples we'll use the high-grade coins.

PCGS PR69 DCAM 2000 SILVER

Let’s start with the PCGS PR69 DCAM first. Notice the contrast between the fields and the devices. The mirrored background is flawless on this coin and there are just a few pinpoint spots of discoloring on the base of the neck.  An ideal coin for our comparison would have been a 1964 PR69 DCAM but PCGS shows this coin valued at $3250!                  

PCGS PR68 DCAM 1968

Our next coin is a PCGS PR68 DCAM. What is noticeable about this coin is the fields have a bit of spotting between the “I” and the “B”. It’s hard to tell whether it is debris or water spots.  There is also one dark pinpoint spot at the base of the neck. The haze behind the head is from my scanner and is not on the coin itself.

PCGS PR67 DCAM 1969

On the PCGS PR67 DCAM there are more distractions in the fields over the entire surface of the coin. A few hairline scratches are visible but there are no problems found on the bust itself. PCGS shows the value of this coin at $40, moving up to $79 for a PR68 and $379 for a PR69.

PCI PR65 1964

Our last coin is a 1964 PR65 Brilliant proof. In addition to the distractions in the fields there are two pinpoint spots at the base of the neck, one just below the chin and one on the cheek. What makes this coin interesting is that it is an accented-hair piece. PCGS values this coin at $30.


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