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2004 D T2 5 Cent Coin American Graded MS70 by SGS

Posted in on April 20 2024 at 03:55 AM
The 2004 D T2 5 Cent Coin American Graded MS70 by SGS is a highly sought-after collector's item. This coin, minted in 2004 by the United States Mint, features the familiar image of President Thomas Jefferson on the obverse and Monticello, his iconic home in Virginia, on the reverse. However, it is not the design alone that makes this coin so special. It is the highest grade possible, MS70, assigned by the reputable grading company, SGS. MS70 is the highest grade given to coins and is reserved for those in perfect, mint condition. This means that the 2004 D T2 5 Cent Coin is free of any wear or imperfections, giving it a pristine, uncirculated appearance. This rarity is what makes it so valuable to collectors, as only a small percentage of coins receive the coveted MS70 grade. The grading process carried out by SGS involves a team of experts carefully examining every detail of the coin under magnification. They assess the condition of the coin, taking into account factors such as strike, luster, and eye appeal. The slightest imperfection, such as a scratch or blemish, can result in a lower grade. Therefore, achieving the MS70 grade is no easy feat and is a testament to the impeccable condition of the 2004 D T2 5 Cent Coin. In addition to its perfect grade, this coin is also a T2 variety, distinguished by its larger letters and spacing on the reverse. The T2 variety was only produced in 2004 and 2005, making it even more desirable to collectors. The T2 variety is also known for its bold strike and deep luster, making it a favorite among numismatists. The United States Mint produced over 305 million 5 cent coins in 2004, but only a fraction of those received the MS70 grade by SGS. This makes the 2004 D T2 5 Cent Coin even more rare and valuable, as it stands out among its counterparts. The value of this coin continues to appreciate as its popularity grows among collectors. In recent years, a 2004 D T2 5 Cent Coin American Graded MS70 by SGS sold for over $1,000 at auction. This reflects the high demand for this coin and its rarity in the numismatic market. The 2004 D T2 5 Cent Coin American Graded MS70 by SGS is not only a valuable asset for collectors but also a source of pride for coin enthusiasts. Its perfect grade and limited production make it a highly desirable addition to any collection. Whether you are a seasoned collector or a beginner looking to invest in rare coins, the 2004 D T2 5 Cent Coin is a must-have for any numismatic portfolio. In conclusion, the 2004 D T2 5 Cent Coin American Graded MS70 by SGS is a prime example of a rare and valuable coin. Its perfect grade and T2 variety designation set it apart from others of its kind, making it a highly sought-after collector's item. As its popularity and value continue to rise, this coin is a must-have for any serious numismatist.
Product Details
Category:
Serial Number:
0
Directory Type:
My collection
Counter:
1
Estimate Price:
$358.31
Approx:
$358.31
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Listing Creator
Lee Provost
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