Coin Community Family of Web Sites
Coin Community Forum
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Uncirculated sets and uncirculated coins

To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic  
New Member

Canada
2 Posts
 Posted 02/20/2012  12:02 am Show Profile Bookmark this topic Add Krimick to your friends list Get a Link to this Message

What is the difference between a coin from an uncirculated set and just an individual uncirculated coin as far as grading goes? Looking at the CDN 1996 set for example, you can find the whole set in classifieds for around $15 factory sealed. Yet when you look up individual prices, they add up to much more than that in just MS-64. Are coins in sets not of this grade? The coins in the sets don't seem to have any mark that differentiate them from regular coins.

Are coin sets usually of less grade than that?

I'm new to collecting but have many complete sets from the late 80's through the 2000's. I guess I'm just trying to figure out what I already have.

Thanks

Pillar of the Community
Canada
611 Posts
 Posted 02/20/2012  02:35 am  Show Profile Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
Coins from sets are not exactly "MS" (mint state). That designation is reserved for coins that are intended for circulation, also commonly referred to as business strikes. The business strikes are processed on high speed machines and as such take some damage in the form of bag marks as a result of their production and distribution. This makes the average MS coin from a mint roll commonly in the MS-62 to MS-63 range, with MS-65 level coins being much more scarce.

The coins from the sets (generally, though some recent sets being an exception to this rule) are handled and packaged much more carefully resulting in an average grade of 65 or 66. Depending on who is attributing the grade, the coins from the set may be called PL-65, UNC-65, or in the case recently of ICCS, MS-65 numismatic BU (NBU); the numismatic moniker being added to differentiate the coin from a regular business strike MS coin.

As far as being able to differentiate a set coin from a roll coin, there are no distinguishing marks, but upon close inspection (again, with the exception of some recent sets), the set coins will show a different finish from the business strike coins. Generally, but not universally, the set coins will be sharper, "blacker" or more mirrored when compared to the MS coin, which will have a softer mint "bloom" luster appearance.
New Member
Canada
2 Posts
 Posted 02/20/2012  11:01 am  Show Profile Bookmark this reply Add Krimick to your friends list Get a Link to this Reply
Thanks that was a great explanation.
  Previous Topic Topic Next Topic  
To participate in the forum you must log in or register.
Coins Commemorating the 2014 Sochi Winter Olympic GamesCoinSniper.com is the numismatic penny auction.American Silver Eagles only $2.49 over Spot!SWCoins - We Love CoinsSELECTED Modern WORLD Coins with LOW Mintage
Coin Community Member eBay Sales - Only CCF Members Included Here
Ending Soon   Newly Listed   Lowest Price   Highest Price  
Certified Coins   Certified VAMs   Certified Errors  
New Forum Topics Recently Active Forum Topics




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2014 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use
Coin Community Forum © 2005 - 2014 Coin Community Forums Go To Top Of Page
It took 0.69 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05