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MS stands for Mint State, i.e. a coin that has not been handled other than at the mint when it was struck. Within that category the number suffix ranges from 60 to 70 depending on how many unavoidable dings and scratches the coin suffered when it was being moved around in hoppers and bags, and how clearly and solidly it was struck. MS-65 is thus right in the middle of the range and would represent a coin with very slight but observable minting damage.

Assigning grading numbers is somewhat subjective, and there are guides that help professional graders to zero in on a particular evaluation. Especially in the higher ranges, significant training and experience is needed.

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17y ago

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