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What Exactly Does "Average Circulated" Really Mean?

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Pillar of the Community
United States
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 Posted 08/05/2012  8:13 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list
I think "average circulation" means "didn't want to grade coin"
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United States
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 Posted 08/05/2012  8:14 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
Everyone might have a different definition but when it comes to silver dollars, I usually use the term when referring to the grades around VG-VF. I think they can have some minor problems like a light clean or small rim ding but nothing major like harsh cleaning or significant damage. Each series would probably have a slightly different definition so for barbers, I usually think of G-VG.
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 Posted 08/05/2012  8:15 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list
Yup!!
Either they didn't want to grade, don't know how to grade, or are forced not to (as in ebay).
Pillar of the Community
United States
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 Posted 08/05/2012  8:24 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list
Problem is that it is ambiguous. There are no standards. For instance, I might think that an average 50s wheat should be VF, but someone else might say F and another say VG.
Bedrock of the Community
United States
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 Posted 08/05/2012  8:38 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
It's a selling tool for dealer bulk lots. Each one is going to be different, not only for type of coin but from dealer to dealer.
Valued Member
United States
338 Posts
 Posted 03/06/2017  06:01 am  Show Profile   Bookmark this reply Add Hunter611 to your friends list
I have this same question now as I ran across some notes from my father in a book of coins containing Mercs, WLs, Wheats. In terms of, about avg circulation or avg circulation, is there a more definitive grade range now post the 2012 responses? Thanks in advance.
CCF Advertiser
United States
1533 Posts
 Posted 03/06/2017  07:07 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
I do this on ebay listings as well, paper currency with stains, cuts, writing is average circulated. Large cents with problems, either extreme wear, rim dings, cleanings, scratches, otherwise culls is average circulated. Average circulated is below average.
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United States
54283 Posts
 Posted 03/06/2017  07:09 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
"About" is another non-exact term. For coins, it always means "less than". e.g., About good, About uncirculated.

"About average circulated" coins, to me, would mean the coins show more circulation than "average circulated" coins.
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United States
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 Posted 03/06/2017  08:40 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Culls and other coins with significant damage should not be in average circulated lots. The phrase "average circulated" is often associated with bulk lots and generally means an average of Very Good Condition. Average circulated lots I have purchased contained coins from AG to XF condition where the weight of the group of coins has not fallen below 99% of nominal. The 0.715 multiplier (times face value) for calculating weight on bags of junk U.S. silver coins is based on what average circulated lots should contain.
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 Posted 03/06/2017  08:44 am  Show Profile   Bookmark this reply Add trout1105 to your friends list
To Me "Average Circulated would equal "Nothing Special But not damaged or cleaned".
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Rest in Peace
10197 Posts
 Posted 03/06/2017  3:05 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
Just easier to say when describing whole lot (bidding lot) of any denom coin instead of grading each individual.
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 Posted 03/06/2017  3:29 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list
Nice smilie Jbuck! You should put that on the smilie list!
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United States
211 Posts
 Posted 03/06/2017  3:33 pm  Show Profile   Bookmark this reply Add JimmyJames to your friends list
I usually use the term average circulated to refer to a typical state of preservation for the series. For a well circulated series, that might be Good to Fine. For a lesser used series, that could mean XF to AU.

Coins that aren't typically nice for the series, but aren't particularly poor.
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United States
338 Posts
 Posted 03/06/2017  4:52 pm  Show Profile   Bookmark this reply Add Hunter611 to your friends list
Thanks for the replies, remains enough subjective interpretation to make it interesting.
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