In coin grading, MS62 refers to a coin in Mint State (MS) condition with a numerical grade of 62 , according to the Sheldon scale.
Here’s a breakdown of what MS62 entails
- Mint State (MS): This signifies that the coin is uncirculated and has never been used in daily commerce, retaining its original condition as it appeared when first minted.
- No wear: By definition, an MS62 coin should show no signs of circulation wear. However, some very early coins might show apparent “wear” due to weak strikes, die cracks, or planchet flaws.
- Average to below-average strike: The striking quality of the coin might not be ideal.
- Numerous marks or hairlines: Expect to see a higher number of marks or hairlines compared to higher Mint State grades. These marks might even be concentrated in the “prime focal areas” of the coin.
- Below-average rim and planchet quality: The coin’s rim and the surface of the blank (planchet) before striking might be less than ideal.
- Impaired or dull luster: The coin’s original shine might be diminished.
- Generally acceptable eye appeal: Despite the flaws, the overall appearance of an MS62 coin should still be considered acceptable to collectors. However, eye appeal can vary significantly within this grade, and some MS62 coins might appear more attractive than others.
- It’s not “Gem Uncirculated”: MS62 falls short of the minimum grade required for a “Gem” coin, which is MS65.
- It’s an above-average Mint State example: Compared to lower Mint State grades like MS60 or MS61, an MS62 coin will generally have fewer detracting marks or flaws.
- Eye appeal is subjective: While the technical criteria are important, eye appeal plays a significant role in determining a coin’s overall desirability and value.
- May not be perfectly struck: Some series or mints are known for having a high proportion of weakly struck coins, even in the higher Mint State grades. This can influence the grading process and contribute to the prevalence of MS62 and MS63 grades within certain coin populations.
Is MS 62 a good grade?
Grading Scale: – In many systems, a grade of 62 might be considered a D, which typically indicates below-average performance. – In some contexts, it could be passing if the passing threshold is lower. Course Context: – In a challenging course, a 62 might be more acceptable than in a less demanding one.
What does MS62 mean on a penny?
Good point! 62. Mint State 62. MS62. Impaired or dull luster may be evident. Clusters of small marks may be present throughout with a few large marks or bag nicks in prime focal areas.
Is MS 64 a good grade?
Thanks for asking. The MS64 grade is sort of in the middle of the uncirculated grading range, and it is frequently the type of grade a “typical” nice uncirculated coin might achieve.
Is MS 63 a good grade?
Gem Uncirculated (MS-65) – An above-average uncirculated coin that may be brilliant or lightly toned and that has very few contact marks on the surface or rim. Choice Uncirculated (MS-63) – A coin with some distracting contact marks or blemishes in prime focal areas. Luster may be impaired.