What each grade means
| Grade | Condition |
|---|---|
| MS70 | No post production imperfections at five times magnification. A perfect coin. |
| MS69 | One or two tiny imperfections visible only under magnification. |
The same applies to proofs, written PF69 and PF70 by NGC, or PR69 and PR70 by PCGS.
Can you see the difference?
Usually not with the naked eye. The flaws that separate a 69 from a 70 are microscopic. Hold the two side by side without a loupe and most people could not tell which is which.
Why the price gap is so large
- Scarcity: far fewer coins reach 70 than 69.
- Collector psychology: many set builders want only perfect coins.
- Registry sets: collectors competing for the highest graded sets drive demand for 70s.
The case for MS69
- Visually almost identical to a 70.
- Often far better value.
- Easier to find.
- The same gold, the same design, the same authentication.
The case for MS70
- The highest possible grade, which is simple to understand and simple to sell.
- Stronger appeal to competitive collectors.
- Scarcity can support its premium over time, though that is not guaranteed.
How to decide
If you want a beautiful certified coin at sensible value, a 69 is hard to beat. If you are building a top registry set, or want the one grade nobody can improve on, a 70 is the target. Check the population report too: a 70 with a very large population deserves less of a premium than one that is genuinely scarce.
Questions people ask
Is MS70 worth the extra cost?
For competitive collectors, often yes. For someone who wants a lovely coin at good value, a 69 usually makes more sense.
Can I see the difference between 69 and 70?
Rarely without magnification.
Do MS70 coins always hold their premium?
No. Premiums depend on demand and on how many 70s exist.
This guide is general information, not financial, investment or tax advice. The value of precious metals can go down as well as up.
