Title: “Uncovering the Rarity: The Story of the 1987 D 1 Cent Coin American Graded MS 70 by SGS”
In the world of coin collecting, rarity is often the key factor that determines a coin’s value. And when it comes to American coins, few are as rare and sought-after as the 1987 D 1 Cent Coin American Graded MS 70 by SGS. This elusive coin, which is graded by the esteemed SGS (American Society of Grading and Standardization), holds a special place in the hearts of numismatists. Let’s dive into the story behind this remarkable coin and the reasons for its high value.
The year 1987 marked a significant moment in the history of American coinage. It was during this time that the U.S. Mint introduced a new, more complex minting process for pennies. This change allowed for greater precision and increased durability in the production of coins. As a result, the 1987 Lincoln cent was produced with a different composition than previous years, making it a highly sought-after coin for collectors.
But what makes the 1987 D 1 Cent Coin so unique and valuable is its perfect grade of MS 70 – the highest grade a coin can receive from the SGS. This perfect grade is a testament to the coin’s flawless condition and adds to its rare status. It is estimated that only a small percentage of the total coins minted in 1987 received this top grade, making it a remarkable find for any collector.
Adding to its rarity, the 1987 D 1 Cent Coin was only minted in Denver, Colorado, hence the “D” mint mark on the coin. This further limits the number of available coins, as the majority of coins produced by the U.S. Mint are minted in Philadelphia, with some also in San Francisco.
But what truly sets this coin apart from others is the SGS grading. The American Society of Grading and Standardization is a highly respected and trusted organization among numismatists. Their strict grading standards make a coin with an MS 70 grade a truly exceptional and sought-after piece for any collection.
The 1987 D 1 Cent Coin American Graded MS 70 by SGS is not only rare but has also shown tremendous market growth over the years. In recent auctions, this coin has sold for thousands of dollars, making it a valuable investment for any coin collector.
Owning a perfect MS 70 grade 1987 D 1 Cent Coin is not just a rare find, but also a significant piece of American history. This coin captures a specific moment in time when the U.S. Mint made significant changes to the production process, leading to coins with exceptional quality and durability. As the years go by, the demand for this coin will only increase, making it a smart investment for collectors.
In conclusion, the 1987 D 1 Cent Coin American Graded MS 70 by SGS is a true rarity in the world of coin collecting. Its perfect grade, limited mintage, and trusted SGS grading make it not only a valuable piece for any collection but also a symbol of American heritage. Whether you are a seasoned collector or just starting, this coin is a must-have for any serious numismatist.