Decoding Coin Grades: The True Meaning of MS62
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When you see a coin labeled MS62 you might think it just means it is in good condition but there is much more to it than that. MS stands for Mint State which tells you the coin was never used in circulation. It remained untouched since leaving the mint.
The "62" is assigned according to the Sheldon Grading System, which is a 70-point grading system used by professional coin graders to assess a coin's condition. The grading scale spans from 1 to 70 with 70 being a perfect coin and 1 being barely identifiable.
An MS62 coin is considered to be in the lower end of the Mint State range. It still has no signs of wear from handling but it does show noticeable imperfections. You may observe fine scuffs caused by contact during production or handling.
There may also be some minor bag marks, which are tiny dents or アンティークコイン投資 scrapes that happen when coins are stored in bags at the mint. The luster or shine of the coin may be dull in spots and the overall eye appeal is not strong. The details on the design are still fully visible but they might not be as sharp or crisp as on a higher graded coin.
You’ll frequently encounter MS62 coins in inherited or long-held sets or in bulk lots where the coins were not carefully handled. These coins are plentiful on the market but they are not considered high quality either. Collectors who are just starting out might choose an MS62 coin because it is more affordable than higher grades. But serious collectors or investors usually look for coins graded MS65 or above because those have better luster, fewer marks, and more visual appeal.
Coin grading can be subjective. One grader may rate it as MS62 while another calls it MS63. That is why many collectors rely on third party grading services like PCGS which encapsulate the coin in a protective holder with the grade clearly labeled. This gives buyers confidence that the grade is consistent and reliable.
If you are buying or selling a coin labeled MS62 make sure you understand what you are getting. It is far from perfect but it is still a genuine mint issue with no circulation wear. For budget-conscious collectors, this offers a practical compromise.
Grasping the significance of this grade leads to wiser collecting habits whether you are building a collection or just starting out in numismatics.
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