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Replies: 23 / Views: 12,644 |
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Pillar of the Community
United States
6130 Posts |
The term "uncirculated" has always bothered me, hence why I try to use "mint state" unless I am talking about set coins.
By definition, the moment a coin is used to purchase anything, it is "circulated" even if the technical grade is not impacted whatsoever. Conversely, I could take a sealed mint bag, toss it down a hill, and the coins would all be "uncirculated" despite being heavily scratched etc.
Semantics, man.
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Moderator
 United States
189340 Posts |
I agree with what you are saying, although I have been guilty of saying uncirculated when I mean mint state.
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Bedrock of the Community
United States
20753 Posts |
 With coins people try almost anything to make their product sound better than what it really is. Terminology and/or words like Uncirculated, Choice, Almost Uncirc., Brillant and on and on and on are sort of like UNSEARCHED COINS. All are just meaningless except the actual graded terms like MS.
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Bedrock of the Community
United States
94367 Posts |
The word "choice" actually meant something 30 or 40 years ago in collector/dealer parlance. It means little now except to describe MS 63/64 TPG slabs.
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Moderator
 United States
54283 Posts |
When viewing an ebay listing, you should consider "choice" to mean NOTHING. In fact, when viewing an ebay listing, particularly for ungraded coins, you should view the coin and buy it based on your own thought about the grade and ignore what the seller says. Other terms to ignore: RARE +++ Very choice Beautiful Gem Monster (toning, etc.) Higher grade etc. These terms are generally used by a seller to justify a price higher than the going rate for that particular coin's grade.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Valued Member
Canada
206 Posts |
I've got a scarce choice BU gem Roman coin with monster toning. Salvaged from a shipwreck zillion years ago. Straight from my grandfather's shoebox that I just found in the attic. Anyone interested? Friendly low price. (Disclaimer : It may have been produced in China recently)Also, I've got lots of unsearched rolls! 
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Valued Member
 Bulgaria
53 Posts |
To continue on the use of "unofficial" terms, I would like to have your opinion on " GEM UNCIRCULATED"? This, in special case when it is used by NGC ! Why is NGC giving such a grading ( which is not precise ate all!) and not giving a precise MS grading ( MS68,69,70)? See the coin below: 
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Pillar of the Community
United States
937 Posts |
Do they always grade Pandas like that?
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Rest in Peace
United States
2668 Posts |
In another arena, choice is the grade below prime in meat grading. It has to do with leanness, fat content, and quality of marbling.
You actually need to know this when choosing beef. Remember PiCkS, Prime, Choice, Select. It is subjective, I have found excellently marbled beef marked choice.
Arrrr, Arrrr, red meat, Arrrrrr!
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Valued Member
Canada
206 Posts |
...and just like you can find MS-70 coins from basement slabbers on ebay, the fast food restaurant at the corner of the street can sell me a hamburger made with juicy Kobe beef for $3.99 
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Moderator
 United States
54283 Posts |
Regarding the NGC "Gem Uncirculeted" I found this quote in a CCF post from 2008 "this is just as was said used for bulk submissions and a coin labeled Brilliant Uncirculated can be anything from MS-60-MS-64 and MS-65-MS70 would be Gem Uncirculated (this is the answer I got over at NGC's forum about a Morgan dollar graded BU). The submitter gets a break on the submission fee's and can get all their 70's slabbed and the ones that don't meet the 70 they get the Gem Uncirculated or Brilliant Uncirculated grade" https://goccf.com/t/28306
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Valued Member
 Bulgaria
53 Posts |
And now, I founded the GEM BU with PCGS ! Look at the 2 pictures below. Both are PCGS and FIRSTRIKE. One is GEM BU and the second one is MS 70. Which one has the highest grading? Why are PCGS and NGC maintaining such a confusion in their grading? Has somebody the exact scale of grading of one of the TPG including the non-MS grades?  
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Valued Member
 Bulgaria
53 Posts |
Somebody for an answer to my latest post? thank you
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Pillar of the Community
United States
1215 Posts |
Another point is that ebay forbids numerical grading of raw coins. This, sellers have to use adjectival grading. However, now think about why ebay stopped allowing numerical grades in the first place...
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Valued Member
 Bulgaria
53 Posts |
@0xDA71D can you explain a little bid?
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Replies: 23 / Views: 12,644 |
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