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Beauty? Give Me the $20,000
October 03, 2012

An online auction result at Ian Russell's firm, shows how much profit can be earned if by happy accident you get a coin ordered from the U.S. Mint that grades out at the top of the scale - MS-70 Prooflike First Strike. The number of coins that have such a high grade is 26, according to Russel, or approximately .02272 percent of the total number struck.

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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