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Do You Prefer Mint State Coins Or Circulated Coins?

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United States
7953 Posts
 Posted 11/25/2021  07:35 am  Show Profile   Bookmark this reply Add tdziemia to your friends list

Quote:
I'm not sure what the world's largest coin marketplace is?


ebay. I would be surprised if even 10% of what is sold there is MS quakity, regardless of the era. I'm also sure what is on display at my LCS is less than 50% MS coins.

I also think back to how I started: pulling coins from circulation as a kid, and filling blue Whitman folders. Sure, many collectors move on from that to higher quality coins. I think our own preferences sometimes affect how we view the the hobby.

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Canada
3328 Posts
 Posted 11/25/2021  07:47 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list
Ahh, should have automatic known you meant ebay. And I guess there is many types of collectors, many people can't afford to spend 1000$ on a coin so it would make sense that more people buy circulation low to mid grade over high grade. Me personally even if I had thousands or tens of thousands to spend on coins, I would much rather but an entire set or two then 4-5 super high grade coins. Also for much older coins with lower mintage there are far less high MS examples then low to mid grade so, availability and price play a big part. The mid to low grade coins have a much larger market then super high grades.
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397 Posts
 Posted 11/25/2021  10:23 am  Show Profile   Bookmark this reply Add 88isgreat to your friends list
My simple answer is YES. I like to see the bright and shiny MS coins to appreciate the design as envisioned by the designer / engraver. I also like the look of many of these same coins to see how they hold up with age. It's hard to put into words, but a worn coin can have a beauty about it that is unmatched. Depending on the wear pattern, it can be a unique piece of art unto itself.
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Australia
21788 Posts
 Posted 11/25/2021  11:09 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
If you are only interested in mint state coins you are severely restricting yourself to a very small part of the huge range of numismatically interesting coins that are available.

Most of us here in the CCF would never be able to afford the high cost of 19th century and earlier American coins in mint state.
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United States
2208 Posts
 Posted 11/26/2021  10:52 am  Show Profile   Bookmark this reply Add jpsned to your friends list
I love the shine and detail of a mint-state coin. It's the kind of coin that allows the designer's full intent of his or her art to shine through.

But as others have said, I also adore coins that have a story to tell--that is, older coins that have a nice amount of circulation wear. For example, I have a 1794 large cent--minted when George Washington was president. It's in barely readable shape, but the date is there as well as a fair obverse and a good reverse. How many people's hands did this go through since it was minted? And who were they? What kind of path did this coin take in the 200+ years it has been around from the day it was minted to the day it ended up in a dealer's stash to the day I bought it? Fascinating thoughts--which make coin collecting the truly wonderful hobby that it is.
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1498 Posts
 Posted 11/26/2021  11:32 am  Show Profile   Bookmark this reply Add halfamind to your friends list
Seems like many of us like both circulated and MS coins, depending on the circumstance. I don't think anyone has mentioned the smell of circulated coins, though. There is nothing quite like the scent left on your hands after digging through a nice bag/jar/roll of Lincoln wheat cents or Mercury dimes. You don't forget it. To some it might seem unpleasant or dirty; to an avid collector, it's a bit of a rush.
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5191 Posts
 Posted 11/26/2021  12:29 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
For me it depends on the age of the coin.
For instance, my 20th Century Type Set is all high AU or high MS/PR. But for older coins I collect I like circulated coinage as well, especially if they have a nice "circulation cameo".
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United States
7840 Posts
 Posted 11/26/2021  1:47 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
In my PCGS 7070 Type Set, the 20th Century dates are MS and the 19th Century are circulated, AU58 and below.
Edited by oih82w8
11/26/2021 1:47 pm
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3328 Posts
 Posted 11/26/2021  2:15 pm  Show Profile   Bookmark this reply Add Wrekkdd to your friends list
What to you prefer the look of more(for those of you with full sets)? Do you have a favorite specific coins? If you had to pick one based on eye appeal is you favorite coin MS or lower to AU grade?
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 Posted 11/29/2021  12:47 am  Show Profile   Bookmark this reply Add Princetane to your friends list
Probably circulated, as they are what I can afford and my eyes can't really discren various levels of Mint State coins.

Although that is not to say that Mint State coins are absent from my collection and my average grade for all my interests is Fine for pre 1900 and VF to EF for post 1900. I would go in the middle and say high grade circulated coins like EF and AU ones.
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United States
96 Posts
 Posted 12/15/2021  1:43 pm  Show Profile   Bookmark this reply Add Bulldawg714 to your friends list
I think for me it depends on the coin. Something more modern that can be acquired for less? I'd want the nicest coins I can find. A classic set that will be impossible to complete with the rarer coins in high grades? I'd want circulated examples of even the more common coins so that the set looks more uniform.
Plus, I'm not super concerned with the grades of my coins. While mint state coins are nice, I'm in this hobby for the history and the fun of the hunt. Just my Two Cents.
Edited by Bulldawg714
12/15/2021 4:26 pm
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United States
18456 Posts
 Posted 12/15/2021  3:50 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Well as I am an ''oldie But Goodie ''myself , I love Old Classic U.S. coins .Modern coins just don't turn me on ,not saying I don't own any but their no where's near my number of classics and semi classics which have many stories to tell .
What stories do Park Quarters or Presidential dollar coins tell ?
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Canada
3328 Posts
 Posted 12/15/2021  4:07 pm  Show Profile   Bookmark this reply Add Wrekkdd to your friends list
@T-BOP, I imagine more modern coins tell the story of how horrible all the vending machines, parking meters, and coin rollers have been to them. 2020-2021 coins tell a story that no one wanted to touch coins.
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Australia
21788 Posts
 Posted 12/16/2021  5:31 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
If I were to collect mint state coins only, then
my collection would either be very small, and be highly unrepresentative of numismatics,
or would never have begun in the first place.
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Canada
3328 Posts
 Posted 12/16/2021  6:09 pm  Show Profile   Bookmark this reply Add Wrekkdd to your friends list
@sel691, I'm in the same boat for older coins I think the first high grade set I'm going to start working in is Canadian 10¢ coins 22-36, as well as working on a 1911-1921 quarter set as the others are out of my league to complete. The quarter set is going to take a while so I'll focus on the dimes between 1911-36 and slowly fill wholes for the 11-21 for quarters. I love the look of the coins from this era(I prefer the Vikki's but out of my price range for mid to high grade sets atm I wouldn't mind having a mid high grade set of the 10¢ and 25¢ though. I figured it was about time I started a better set and these sets sound reasonable to obtain for my budget. Maybe I'm starting to like mint grade coins more. I think for me anywhere between vf30-ms65 it's more about eye appeal then grade. I have seen some mid grade coins I liked more then the AU-MS counterparts. I guess eye appeal to me means more then grade.
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