MS64 refers to a specific grade within the Sheldon coin grading scale, designating coins in “Mint State” (MS) or uncirculated condition. The number 64 indicates a coin’s condition within the Mint State range of 60 to 70.
Here’s a breakdown of the MS64 grade:
- Uncirculated: Coins graded MS64 have never been used in commerce and show no signs of wear from handling.
- Minor imperfections: While uncirculated, MS64 coins may have minor imperfections like scattered marks or hairlines, which are typically a result of the minting process or handling within mint bags. However, these imperfections should not be severe or significantly detract from the coin’s overall appearance.
- Average to better strike and luster: MS64 coins generally have an average or slightly better than average strike (the quality of the details struck onto the coin) and retain at least an average level of original mint luster.
- Eye Appeal: Coins graded MS64 are considered to have a pleasing aesthetic quality, making them desirable to collectors who appreciate both technical quality and visual appeal.
In essence, MS64 represents a desirable grade for collectors and investors as it strikes a balance between quality and affordability. It provides a higher quality coin with fewer imperfections compared to lower Mint State grades like MS60 or MS61, while generally remaining more affordable than higher grades like MS65 or MS66. [PCGS reports] that the PCGS Set Registry uses MS64 as the top grade cap for Everyman Mint State Registry Sets, offering collectors a way to build recognized sets at a more accessible price point.
In summary, an MS64 coin is an uncirculated coin with minor imperfections, a solid strike, attractive luster, and decent eye appeal, offering a compelling blend of quality and value for collectors.
Is MS64 a good grade?
From my experience, Coins with an MS-64 grade may make great investments and additions to numismatic collections. They do not carry the premium of a more expensive MS-69 or MS-70 coin. They are not at the bottom of the Uncirculated grade, so they exhibit better eye appeal and overall quality than that of an MS-60 coin.
What is a MS64 coin grade?
I can help with that. Mint State 64. MS64. Coin has good, overall average luster and even strike for the type. Several small contact marks in groups, as well as one or two moderately heavy marks may be present. One or two small patches of hairlines may show under low, (3-4x) magnification.
Is MS64 a good coin grade?
Thanks for asking. Choice Uncirculated (MS-64): Moderate contact marks in less distracting areas. Lots of original lustre or toning. Gem Uncirculated (MS-65, 66): Minimal markings or imperfections, a nice original look with a good strike showing detail on the high points of the coin.