The 1973 10 cent American coin is a rare and highly sought after piece of US currency. What makes this particular coin even more desirable is the highest grade it was awarded – MS 70 by SGS. This makes it a truly unique and valuable addition to any coin collection.
Originally minted in 1792, the dime has had several design changes over the years. The 1973 dime features the iconic portrait of President Franklin D. Roosevelt on the obverse and the traditional olive branch, torch, and oak branch on the reverse. This design has remained relatively unchanged since its introduction in 1946.
So, what exactly does MS 70 mean? MS stands for “Mint State” and signifies that the coin is uncirculated. This means that the coin has never been used in circulation, and therefore has no wear or damage from being handled. The number 70 is the highest grade a coin can receive on the Sheldon Grading Scale, which is used by SGS to assess the condition and value of coins. A coin graded MS 70 is considered perfect, with no flaws or imperfections visible to the naked eye.
The fact that this 1973 dime was graded MS 70 by SGS makes it an incredibly rare and valuable coin. It means that it has been preserved in pristine condition, without any scratches, nicks, or dings that can often be found on coins that have been in circulation. This grade is not easy to achieve, as even the slightest imperfection can lower a coin’s grade significantly.
One of the reasons for the high grade of this 1973 dime could be the fact that it was not intended for circulation. In 1965, the US Mint switched from using 90% silver in dimes to a copper-nickel clad composition. However, it continued to produce silver coinage for collectors in the form of Proof sets. These sets were not meant to be circulated and were struck to a higher quality than regular coins.
Another possible reason for the high grade is that this particular coin was carefully stored and preserved by its previous owners. Proper storage and handling play a significant role in maintaining a coin’s condition over time.
The rarity and high grade of this 1973 10 cent American coin make it an excellent investment opportunity. Collectors, in particular, will be willing to pay a premium for such a unique piece. It also holds historical significance as it is a representation of the country during a pivotal moment in American history.
For those interested in coin collecting, the 1973 dime is a must-have piece, especially in MS 70 grade. Its rarity and beauty make it an excellent addition to any collection, and it is sure to appreciate in value over time.
In conclusion, the 1973 10 cent American coin graded MS 70 by SGS is a true gem in the world of numismatics. Its rarity, perfect grade, and historical significance make it a highly coveted piece for collectors and investors alike. If you have the opportunity to acquire one, it would be a valuable addition to your collection.