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Can A Circulated Coin Be Rated MS-60 Or Higher?

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Author Previous TopicReplies: 23 / Views: 6,049Next Topic Page 2 of 2
Pillar of the Community
Australia
7096 Posts
 Posted 07/07/2016  04:46 am  Show Profile   Bookmark this reply Add trout1105 to your friends list
An MS coin is a coin that shows NO evidence of wear regardless of if it came straight from the Mint or from your pocket change , it makes NO difference.
it is NOT unusual to find coins up to MS64 in your change, it just depends on how long it has circulated and how it was treated during that time.
MS means Mint State Not Mint Fresh

I would imagine that some of your coins in your dollar collection are indeed MS coins
Edited by trout1105
07/07/2016 04:48 am
Pillar of the Community
Norway
1358 Posts
 Posted 07/07/2016  04:48 am  Show Profile   Bookmark this reply Add UltraRant to your friends list
Coin grading is an art, not a science. Sure, there's rules, but they're not written in stone and leave a lot to the interpretation of the grader. So I'd say that all is possible.

Now, for one example: I sometimes get coins directly from fresh bank rolls for change. These coins have thus circulated once, for about the 5 seconds it takes to take them out of the roll and disappear into my pocket (where they end up for the rest of my life) but have absolutely no wear. Shall we call this MS? or AU? They haven't been sold to me with the intention of collecting, they have been given to me as change in a transaction...
Pillar of the Community
United States
1314 Posts
 Posted 07/07/2016  05:34 am  Show Profile   Bookmark this reply Add Chute72 to your friends list

Quote:
TPGs need to go away.

I find them very useful and am glad they are available.
If you don't like them, you don't have to use them.
Now, boy bands on the other hand...
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United States
189603 Posts
 Posted 07/07/2016  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list
The simple answer to the question is yes. I think there is enough detail in this thread to show why that is true.
Bedrock of the Community
United States
20753 Posts
 Posted 07/08/2016  12:28 pm  Show Profile   Bookmark this reply Add just carl to your friends list
Don't know if in your Country they have grading services but if so, would be the best to let them grade your coins. If not, your guess would be just as good as many others. If your going to put your coins up for sale on ebay, may as well say all are MS-70 or better. And don't forget to say, UNSEARCHED. Kind of kidding but might be worth a try to over state your coins grades.
Pillar of the Community
Canada
1747 Posts
 Posted 07/08/2016  12:40 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list
I was under the idea that ONLY circulated coins could get MS rating. Any coin pulled from a proof set or specimen set would have the denotation of PR or SP.

Pillar of the Community
United States
6370 Posts
 Posted 07/08/2016  2:18 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
If you don't like them, you don't have to use them.


I don't use them and I try to stay away from slabbed coins. However, the TPGs have turned coin collecting from a hobby to an investment game, meaning that prices for the choicer material has skyrocketed far past the budgets of normal collectors. I feel the TPGs are ruining the hobby.
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United States
189603 Posts
 Posted 07/08/2016  2:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I was under the idea that ONLY circulated coins could get MS rating. Any coin pulled from a proof set or specimen set would have the denotation of PR or SP.
The US mint set coins are billed as "uncirculated" and not specimen, therefore they are to be graded as MS. US proof sets are, of course, graded as PR.
CCF Advertiser
United States
1533 Posts
 Posted 07/08/2016  3:45 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
"If you don't like them, you don't have to use them"

Not true. It is no longer possible to collect many series raw as most of the nice coins have been slabbed. Try to put together a Gem Walker set or a set of Fine or better Draped Bust anything and see how far you get. It simply isn't possible to ignore TPGs these days. They are part of the hobby and you have to accept them or don't buy coins.
Pillar of the Community
Canada
1747 Posts
 Posted 07/08/2016  4:04 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list
i was going to mention the newer Pliofilm sets are now business strikes, but I thought the OP was talking about proof sets.
Pillar of the Community
Canada
1747 Posts
 Posted 07/08/2016  4:04 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list
by newer I mean from the 80's on
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United States
189603 Posts
 Posted 07/08/2016  4:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Just because I buy a coin in a slab does not mean I have to keep the coin in the slab.
Bedrock of the Community
United States
19969 Posts
 Posted 07/08/2016  8:01 pm  Show Profile   Bookmark this reply Add BadThad to your friends list

Quote:
An MS coin is a coin that shows NO evidence of wear regardless of if it came straight from the Mint or from your pocket change , it makes NO difference.
it is NOT unusual to find coins up to MS64 in your change, it just depends on how long it has circulated and how it was treated during that time.
MS means Mint State Not Mint Fresh


EXACTLY CORRECT!

I have pulled HUNDREDS of mint state coins from bank boxes, bags and even pocket change! Several were as high as MS-67.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Edited by BadThad
07/08/2016 8:57 pm
Bedrock of the Community
United States
19969 Posts
 Posted 07/08/2016  8:53 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
Here's one example confirmed by NGC. A 1999 WAM I found searching a bank box of standard pennies:



Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?


Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Edited by BadThad
07/08/2016 8:54 pm
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United States
189603 Posts
 Posted 07/09/2016  01:03 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Here's one example confirmed by NGC. A 1999 WAM I found searching a bank box of standard pennies:
Perfect example.
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