It depends on what type of coin, year struck, how many have been certified and who graded it. Just because a coin has been graded as a perfect Proof or Mint State example does not mean one type is more valuable than the other.
The MS grades applies only to uncirculated coins. MS-60 is the base grade, a coin can have many scratches, dings, spots but has no wear. The highest grade is MS-70, this is a perfect coin.
MS stands for Mint State and 65 is the grade given to the coin. There are several grading levels for a regular strike coin, Mint state being the best with MS grades ranging from 60 to 70 (70 being a flawless coin). You may also see a coin marked PF 65 which simply means the coin was a specially longed proof coin, double struck with a special dye by the mint for collectible purposes.
In numismatic terms. MS-63 is a grade (MS-60 to MS-70), meaning Mint State-63 or Choice Uncirculated. A coin that is certified as MS-63 has graded by a professional coin grading company.
MS stands for "mint state," which is a coin grading termand the number 66 is on a scale of 1 to 70. The grade MS-66 means the coin is in nearly flawless condition.
In coin grading terminology "MS" stands for "mint state" or the state a coin is in when minted and uncirculated. Showing no signs of wear or indication of circulation. MS is interchangeable with "uncirculated". Although MS coins have no wear from circulation they may have varying imperfections from the minting process. To allow for that, the "MS" coins are graded on a scale beginning with 60 and going up to 70 (this is the highest number, which indicates supposed "perfection"). So MS66 would mean a "mint state" or uncirculated coin graded 66 out of a possible 70 on the grading scale. A very nice coin.
The current coin grading system is based on 70 grades. The lower numbers indicate greater wear and as those numbers get progressively higher the condition of the coin improves until 70 is reached which indicates a perfectly struck coin with no flaws, scratches or nicks. At one time it was thought that no coin could be perfect except perhaps in proof condition [called Proof 70] but in recent years the market has been awash with perfect coins proof and business strikes alike. [Business strikes are coins minted for release to the general public for daily business transactions and when considered perfect they are called MS 70.] Anyone can declare their coin to be a certain grade since grading is, after all, just the opinion of one person. However, those persons who deal with coins a great deal can become more experienced in the grading of a coin and thus their opinion is more greatly valued. The coin collecting community has seen the rise of third party grading companies who assign a grade to a coin and verify its authenticity. Many of these companies have earned the respect of many collectors. However, also on the rise are coin grading companies who do not grade properly so when selecting a grading company care must be taken and a little research made to insure you select a reputable company.
It means that on the grading scale of 1 to 70 it received an 8 in condition. This means that the coin is very worn.
ICG stands for the company that graded the coin: Independent Coin Graders, MS 70 stands for Mint State 70, the highest possible grade for the coin. It means that such a coin was found to be flawless with the coin grading company.
MS-60 is the lowest mint state on a non circulated coin. The grading goes from 1- 70. 70 being the best a coin can receive in a professional grading scale. Right below MS is the AU 55 or AU 58 which means that it shows just the slightest wear or bag marks. Above MS is PR--66, 67, 68, 69, and 70 being the grades of from nearly perfect to more nearly perfect to PERFECT!
Yes, it's called "The Sheldon 70-Point Scale" the A.N.A. grading Standards are based on this.
Coins are graded on a 70 point grading system known as the sheldon scale. VG-8 stands for Very Good 8/70
It's the Sheldon Scale, which is used in grading the condition of coins. A coin graded as a 1 is only barely recognizable, while a 70 is absolutely flawless. And no, I don't know why the scale only goes to 70 instead of 100.
Coin grading is done on a scale from 1-70. A coin grading a 1 is a barely recognizable chunk of metal, a coin grading of 70 is absolute perfection with everything fully struck and the coin has a brilliant luster. MS stands for mint-state, which occupies the numbers 60-70. A mint state coin will not have any wear and tear, it may have "bag marks" from being handled by the mint, but will not have any parts of the coin worn down. A MS 65 coin is about average for an uncirculated coin, it has no wear but either has too many marks or wasn't struck well enough to be considered any higher than a 65. Certified means that an independent grading company such as NGC or PGS has looked at the coin and gave it a grade. These grades are considered to be many times more reputable than a coin dealer saying what grade it is and will help you if you decide to sell the coin in the future. So basically, if you are buying a MS 65 certified coin, it is an uncirculated coin which NGC or PGS has said it is MS 65, they usually are "slabbed" which is they are sold in a holder which protects the coins.
The MS grades applies only to uncirculated coins. MS-60 is the base grade, a coin can have many scratches, dings, spots but has no wear. The highest grade is MS-70, this is a perfect coin.
"Brilliant uncirculated" (abbreviated BU) is a coin grading term indicating that the coin has never been spent and retains its original mint luster. BU is a somewhat vague description and has largely been replaced by MS (Mint State) along with a number ranging from 60 to 70 to provide a more-specific evaluation of the coin's condition.
PR is used in terms of grading coins to designate that the coin is proof. For example, a perfect proof coin would be graded as PR-70. A nearly perfect proof coin might be graded PR-68 or PR-69, etc.
MS stands for Mint State and 65 is the grade given to the coin. There are several grading levels for a regular strike coin, Mint state being the best with MS grades ranging from 60 to 70 (70 being a flawless coin). You may also see a coin marked PF 65 which simply means the coin was a specially longed proof coin, double struck with a special dye by the mint for collectible purposes.