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1986 P 5 Cents American Coin Graded MS70 by SGS

Posted in on April 20 2024 at 03:42 AM
In the world of coin collecting, few things are more coveted than a coin graded MS70. The 1986 P 5 Cents American Coin is a prime example of this, with its perfect MS70 rating by SGS. This rare and highly sought-after coin is truly a gem in any collection, and its history and features make it a must-have for any serious collector. First minted in 1986, the 5 cent coin, also known as the “Jefferson nickel”, has been a staple in American currency since its introduction in 1938. The 1986 P 5 Cents American Coin holds a special significance as it was the first nickel to be minted with the letter “P” to signify the Philadelphia Mint where it was produced. The coin is composed of 75% copper and 25% nickel, with a diameter of 21.21 mm and a weight of 5 grams. The obverse features a portrait of Thomas Jefferson, the third president of the United States, while the reverse showcases Monticello, Jefferson’s infamous plantation home. The design was created by Felix Schlag, who won a design competition held by the Treasury Department in 1938. What sets the 1986 P 5 Cents American Coin apart from others is its pristine MS70 grade given by SGS, or the Sovereign Grade Service. SGS is one of the top grading services in the world, known for its strict and precise grading standards. A coin graded MS70 is considered to be in perfect condition, with no visible flaws or imperfections. This makes it highly desirable and sought after by collectors. To achieve the coveted MS70 grade, coins are subject to a rigorous grading process. SGS evaluates each coin based on its strike, surface preservation, luster, eye appeal, and overall physical condition. Any flaws or blemishes, no matter how small, can result in a lower grade. This makes the 1986 P 5 Cents American Coin’s MS70 rating all the more impressive and valuable. In terms of rarity, the 1986 P 5 Cents American Coin holds a special place in the hearts of collectors. While over 1.3 billion 5 cent coins were minted in 1986, only a small fraction of those were graded MS70 by SGS. When taking into account the natural wear and tear of coins over the years, finding a 1986 P 5 Cents American Coin in MS70 condition is like finding a needle in a haystack. The value of the 1986 P 5 Cents American Coin graded MS70 can vary depending on the market and demand. However, it is safe to say that this coin holds significant value and can be a lucrative addition to any collection. In conclusion, the 1986 P 5 Cents American Coin graded MS70 by SGS is a prized possession among coin collectors. Its historical significance, flawless design, and rare MS70 grade make it a true gem in the world of coin collecting. Owning one of these coins is not only a wise investment, but also a piece of American history.
Product Details
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Serial Number:
0
Directory Type:
My collection
Counter:
1
Estimate Price:
$244.47
Approx:
$244.47
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Listing Creator
Lee Provost
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