Uncirculated (MS-60, 61, 62): An uncirculated coin with noticeable deficiencies, generally either an overabundance of bagmarks, a poor strike, or poor luster. These coins generally have average to above average eye appeal. Choice Uncirculated is sometimes used to refer to a coin grading MS-63.
How much is a 1974 s penny value?
The 1974 S penny is worth around $0.75 in uncirculated condition with an MS 65 grade. Proof coins with the S mint mark are available and they are each valued at around $1 in PR 65 condition. There were 2,612,568 proof coins minted.
Is a 1974 s penny rare?
CoinTrackers.com has estimated the 1974 S Lincoln Penny Proof value at an average of 1 cent, one in certified mint state (MS+) could be worth $9.
What does MS 60 mean on a coin?
Uncirculated coins are graded from MS-60 through MS-70. An MS 60 coin has not been “used” but it may have minor imperfections such as a weak strike, toning (color change), bag-marks from being shipped, etc. As the grade number goes higher, less imperfections are allowed and an MS 70 coin is considered perfect in every way.
What does the number MS mean on a penny?
It’s important to note the number and not the grade assigned by the seller. The Sheldon grading standard is a unit of measure from 1 to 70, 1 being poor and 70 being essentially perfect. An MS coin stands for mint state which is Uncirculated or higher.
What does PCGS ms64 mean on a penny?
For example if we have a copper coin given the grade of PCGS MS64RB means Mint State (not circulated) 64 in the scale of 1 to 70 and red-brown from 5-95% original Mint red. In our opinion this would usually equate to a darker penny with some lustre still present in Choice Uncirculated grade. Genuine, Details Slab, No Grades and Bodybags.
What do The MS61, 62, etc.codes mean?
Coins that have lots of bag marks or other detracting blemishes might qualify for the low end of Mint State, MS60-63. Nicer coins might grade MS64-65. Superior pieces grade between MS66-69. MS70 is perfection and rarely, if ever, achieved even if you caught the coin from the press.
