The 1989 P 5 Cent American Coin Graded MS70 by SGS is a highly coveted piece for coin collectors around the world. With its pristine condition and top grade ranking by the renowned coin grading company SGS, this 5 cent coin holds both historical and numismatic value. In 1989, the United States Mint released a new design for the 5 cent coin, also known as the “nickel”. This new design featured the familiar image of Thomas Jefferson on the obverse (front) and a newly revamped Monticello on the reverse (back). The Monticello design had been featured on the nickel since 1938, but the 1989 redesigned version is considered to be one of the more aesthetically pleasing versions. What sets the 1989 P 5 Cent Coin apart from the rest is its high grade by SGS. The coin grading company is known for their strict grading standards and their MS70 grade is the highest possible grade a coin can receive. This means that the coin is in perfect condition, with no visible scratches, marks, or imperfections. A coin of this quality is extremely rare, making it a highly desirable addition to any collection. Collectors seek out coins that have been graded MS70 for a number of reasons. Not only does it ensure the authenticity and quality of the coin, but it also adds value to the piece. In fact, a 1989 P 5 Cent Coin Graded MS70 by SGS can sell for significantly more than one without the prestigious grade. This is due to the limited number of coins that receive a perfect grade, as well as the constant demand from collectors for top quality pieces. Aside from its numismatic value, the 1989 P 5 Cent Coin also holds historical significance. It was during this year that the United States Treasury introduced new security measures to prevent counterfeiting, including adding the mint mark “P” for Philadelphia on the nickel. This design change serves as a reminder of the continuous efforts to protect the integrity of the country’s currency. The 1989 P 5 Cent American Coin Graded MS70 by SGS is a prime example of the importance of coin grading and the impact it has on the world of coin collecting. This rare and valuable piece not only holds historical significance but also highlights the skill and precision of the United States Mint in producing top quality coins. Whether you are a seasoned collector or just beginning your coin collecting journey, this coin is a must-have addition to any collection.