Regarding coins that are offered in our store, LCR Coin, (lcrcoin.com). One question we hear often is why is one coin graded a 70 and another not? We hear this in relation to many popular coins we sell online. The American Silver Eagle Signed by Mercanti is probably the most popular and in the highest demand. The providers or services who physically grade the coins and seal them in tamper proof holders that all collectors and dealers buy, sell and trade without concern are PCGS, (Professional Coin Grading Service), and NGC, (Numismatic Guaranty Corporation), we only offer graded, certified rare and modern U.S. Mint coins graded by these two companies. MS70 as a term means the following. Perfect in every way, no signs of wear, the finest quality possible. Very few coins ever achieve this designation. If you had a mintage of coins in the hundreds of thousands maybe a handful at most or maybe none would ever achieve this grade. Therefore, they are prized and sought after and this is why they perform as an invest above lesser grades. What about a Proof version? Proof is not a grade. This is a term related to a method of manufacture and coins can receive varying grades as a Proof manufactured coin. As you may know only a fraction of coins produced as U.S. Mint coinage for use is created as a special production run of the Proof example. Based on this fact when you have a coin that is designated PR70 you now have something that is as rare as a coin can be and as perfect as anything made by man. So why the Mercanti signed Proof Silver Eagles in NGC PF70 are so special is the population that exists. Below is a recent version of those numbers:

These population number represent real investment coins that perform well. This is what drives their popularity. Clearly there is not enough to meet demand so if you plan to own a few or a complete date run there is no time like the present.

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