5 Costly Mistakes to Avoid When Buying Modern MS68 Coins (And How to Recover If You’ve Already Made Them)
October 19, 2025My MS68 Coin Experiment: 6 Months of Buying Undervalued Modern Collectibles
October 19, 2025Ready to Move Past Beginner Strategies? Here’s Where MS68 Shines
While everyone fights over MS70 coins, smart collectors quietly profit in the MS68 range. After 20 years of specializing in modern coinage and advising top collectors, I’ve discovered these “almost perfect” coins often hold hidden value. Let’s explore how to spot diamonds in the rough while avoiding common pitfalls.
The Surprising Reality of MS68 Coins
What Makes Some MS68 Coins Actually Rare?
Not all MS68 grades are created equal. Three key factors create real scarcity:
- Older Mintages: Coins struck before 2000 often had looser quality control – a true MS68 might be rarer than newer MS70s
- Bigger Coins: Imperfections show more easily on large formats like 5oz America the Beautiful coins, making high grades genuinely scarce
- Special Finishes: Proof-like MS68 coins frequently outperform standard MS69s at auction
Reading Between the Population Lines
Population reports tell hidden stories when you know what to look for:
# What Collectors Often Miss in Population Data
if (ms68_population < ms70_population) and (series > 15_years_old):
potential_value = high
elif (last_ms68_sale > 3_years_ago) and (total_graded < 10):
buy_now = yes
else:
research_further = true
Smart Buying Strategies That Actually Work
Toned Coins - Your Secret Weapon
That rainbow-toned Silver Eagle in MS68? It might be worth more than you think:
"Properly toned MS68 moderns regularly sell for 3-7x their plain counterparts, while toned MS70s often hit price ceilings" - Auction Trends Digest
The Registry Set Advantage
When evaluating MS68 coins for registry potential, ask yourself:
- Is this date crucial for completing major collections?
- Are higher grades nearly impossible to find?
- Does it look better than its grade suggests?
Timing Your Purchases Like a Pro
When to Resubmit for Better Grades
Grading standards change. Keep an eye on:
- Recent grading consistency from major services
- Price gaps between grading companies
- New registry sets creating sudden demand
Buying During Silver Slumps
When bullion prices drop, MS68 premiums shrink first. Watch for:
# Simple Buying Signal
if (silver_price < long_term_average) and (MS68_premium < 20%):
good_deal_alert = true
Unexpected Value Spots
Errors That Outshine Perfect Grades
Take the 1995 doubled die cent - even in MS68, it commands massive premiums:
- PCGS-graded MS68 examples sell for 50x normal MS70 prices
- Focus on FS-designated varieties with under 100 graded
- Modern RPMs often fly under the radar
To Crack or Not to Crack?
Considering removing a coin from its holder? Ask first:
| Question | Green Light When... |
|---|---|
| Toning Quality | Natural color visible through slab |
| Registry Potential | Could upgrade at stricter grading service |
| Album Demand | Missing from high-end collections |
Protecting Your Investment
The 60-Second Eye Test
Before buying any MS68 coin, quickly check:
- Surface reflections (even or blotchy?)
- Mark placement (center or edges?)
- Toning patterns (natural or artificial?)
- Strike details (sharp or mushy?)
- Holder condition (scratched or clear?)
Know When to Walk Away
Set clear boundaries before buying:
# Simple Exit Plan
fair_price = (MS70_price × 0.4) + (rarity_bonus)
walk_away_price = melt_value × 0.9
The Smart Collector’s Advantage
Successful MS68 collecting comes down to seeing what others miss. Focus on eye appeal over labels, understand true scarcity, and buy when the market sleeps. That "average" MS68 coin in a dealer’s case? It might be your next trophy piece waiting for someone to recognize its worth.
Related Resources
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