MS62 Coin Grade Explained: What It Actually Signifies

Upon seeing a coin marked as MS62 you might think it just means it is in good condition but there is much more to it than that. MS stands for Mint State which tells you the coin was never used in circulation. It remained untouched since leaving the mint.



The "62" is assigned according to the Sheldon Grading System, which is a 70-point grading system used by professional coin graders to assess a coin's condition. It extends from 1 up to 70 with 70 being a perfect coin and 1 being barely identifiable.



MS62 sits at the bottom tier of the Mint State category. It still has no signs of wear from handling but it does show noticeable imperfections. Common flaws include minor abrasions from coin-to-coin contact or minting friction.



There may also be some minor bag marks, which are tiny dents or scrapes that happen when coins are stored in bags at the mint. Its surface shine may be partially dulled or inconsistent and the overall eye appeal is not strong. The details on the design are still fully visible but they might not be as sharp or crisp as on a higher graded coin.



Coins graded MS62 are often found in older collections or in bulk lots where the coins were not carefully handled. They are not rare in terms of availability but they are not considered high quality either. Collectors who are just starting out might choose an MS62 coin because it is more affordable than higher grades. Discerning buyers prioritize coins graded MS65 and above because those have better luster, fewer marks, and more visual appeal.



Grading outcomes are not universally consistent. One grader may rate it as MS62 while another calls it MS63. That is why many collectors rely on third party grading services like ANACS which encapsulate the coin in a protective holder with the grade clearly labeled. This gives buyers confidence that the grade is consistent and reliable.



If you are buying or アンティーク コイン selling a coin labeled MS62 make sure you understand what you are getting. This is not a pristine example but it is still a genuine mint issue with no circulation wear. For budget-conscious collectors, this offers a practical compromise.



Grasping the significance of this grade leads to wiser collecting habits whether you are building a collection or just starting out in numismatics.