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The world of rare coin collecting is an intriguing and potentially lucrative endeavor. If you’re looking to buy rare coins, especially online, it’s important to understand what makes certain coins different from others. The highest grade a coin can receive is PF70 from Numismatic Guaranty Corporation (NGC), a reliable and leading coin grading service. The Professional Coin Grading Service (PCGS) uses PR70 for the best grading a coin can receive. In this in-depth guide, you’ll learn what NGC PF70 / PCGS PR70 means and why it’s important to look out for this grading when buying rare coins online.

What does NGC PF70 / PCGS PR70 mean?

NGC and PCGS are the most reputable coin grading companies in the world. PF” or “PR” stands for “Proof”, an embossing method that typically produces the highest quality specimens with a mirror-smooth surface. The number “70” is the highest possible value on the 70-point scale and represents a coin in perfect condition with no visible flaws, even under 5x magnification.

Why should you buy NGC PF70 / PCGS PR70 rare coins?

Investment Potential : A PF70 / PR70 grading indicates the coin is in pristine condition, likely making it more valuable. Coins with this grade are sought after by collectors and investors alike and often increase in value over time.
Authenticity and Quality Guarantee : When you buy a certified NGC PF70 / PCGS PR70 coin, you have a guarantee of authenticity and quality. Each coin comes with a Certificate of Authenticity and a unique Identification Number allowing you to verify the details online.
Condition : Coins graded PF70 / PR70 are usually encased in a slab / plastic holder to preserve their condition. This not only adds to the aesthetics but also ensures that the coin remains in perfect condition.
Collector Appeal : For collectors, owning a rare PF70/PR70 coin is a sign of prestige. Such coins are often the centerpiece of a collection and attract attention at coin shows and auctions.

Considerations when buying online

Reputable Dealers : Always buy from trusted online retailers that have clear and transparent business practices. Check customer reviews and ratings to assess the merchant’s credibility.
Pricing : PF70/PR70 coins tend to be more expensive due to their perfect quality. Be sure to compare prices from multiple retailers when the coin is available there to ensure you are getting the best deal.
Payment and Shipping : Review payment options and shipping policies. Insurance and tracking should be included when shipping high value items such as PF70/PR70 rare coins.
Documentation : Upon receipt of your coin, check the grading, authenticity and any other relevant details against the documentation provided.

What are the popular NGC PF70 / PCGS PR70 Rare Coins

Certain rare coins are particularly popular in PF70/PR70 quality, including:

Gold Krugerrand from South Africa

Big Five series from the Sa Mint

Russian gold ruble

American buffalo

American Eagle

American Freedom

Mexican Libertad

conclusion

Buying certified NGC PF70 / PCGS PR70 coins online can be a worthy investment, both financially and personally. Not only do you own a piece of history, you also own an asset that is likely to increase in value. By following the guidelines outlined in this guide, you can ensure that your online purchase is as safe and satisfying as possible.

Other interesting blogs:

Proof Coins vs Bullion Coins: Which is better as an investment in gold coins?

Grading of a coin: NGC and PCGS

PCGS – NGC – Certified Coins