Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Help Grading And A 1999 Lincoln Cent

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 2,434Next Topic Page 2 of 2
Valued Member
United States
64 Posts
 Posted 04/30/2017  3:36 pm  Show Profile   Bookmark this reply Add vccoin to your friends list
Thanks for the link John1
Rest in Peace
United States
18456 Posts
 Posted 04/30/2017  4:41 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
An MS Lincoln CRH ? I'll wait till Crazyb0 gives his assessment .
Pillar of the Community
Canada
9165 Posts
 Posted 04/30/2017  4:47 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list
We need both sides to give a proper grade.
Rest in Peace
10197 Posts
 Posted 04/30/2017  6:00 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
T-Bop.....

By definition, if this coin is found "CRHing", MS ANYTING ain't gonna happen, it is a CIRCULATED coin (yes, I'm yelling!) In CRH, coins have been "handled" by at least TWO parties...one to return to a bank or other collecting service (Coinstar etc.) which then goes to a central Fed processing point which again is "handled" putting thes coins from canvas transport bag (usually) into a MACHINE sorter/wrapper. This transport and sort causes all sorts of "Bumps, Dents and Scratches".

ANY question?


Oh ya, AU-59, highest circulated grade possibly given. If the coin came out of an OBW (original bank roll) of ALL 1999P's THEN and only then can you truthfully, numismatically call some an MS grade. BTW, OBW canbe a misnomer as well...coins most often come from mint bagged and then sorted/rolled through Fed distribution. This is what most "OBW" rolls refer to.



Edited by Crazyb0
04/30/2017 6:09 pm
Pillar of the Community
United States
1795 Posts
 Posted 04/30/2017  7:28 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
Both sides need to be seen for a proper opinion of grade.
Moderator
Learn More...
United States
56855 Posts
 Posted 04/30/2017  8:07 pm  Show Profile   Bookmark this reply Add John1 to your friends list
First off,coins are transferred by a Ballistic Bag now a days that hold tons at a time. No longer are they put in $50 (cents) canvas bags. If I go to my bank and get a full box of 2017 cents,wrapped by let's say Brinks the coins in those rolls are not mint state?
John1
Bedrock of the Community
United States
19968 Posts
 Posted 04/30/2017  8:26 pm  Show Profile   Bookmark this reply Add BadThad to your friends list

Quote:
By definition, if this coin is found "CRHing", MS ANYTING ain't gonna happen, it is a CIRCULATED coin (yes, I'm yelling!) In CRH, coins have been "handled" by at least TWO parties...one to return to a bank or other collecting service (Coinstar etc.) which then goes to a central Fed processing point which again is "handled" putting thes coins from canvas transport bag (usually) into a MACHINE sorter/wrapper. This transport and sort causes all sorts of "Bumps, Dents and Scratches".


By that definition, the ONLY way to obtain an MS coin is if you stand in front of the coining machine, catch it as it's ejected and put it into a holder.

All grades are an indication of the WEAR on a coin. A given coin can be handled over and over and packaged/rolled several times and not show any wear.

I've pulled thousands of mint state coins from bank rolls and bags - and had quite a few graded by the 3 top TPG's. They ALL can back Mint State.

Telling new collectors that it's impossible to obtain a mint state coin from circulation is a disservice to the hobby.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Rest in Peace
10197 Posts
 Posted 04/30/2017  8:41 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
John1, those are true OBW rolls, 1) all same date 2) came from mint to distribution...hopefully w/o human handling.

If some of these "mint" 2017 cents become mixed with other date area returns, there is the "gray area" to dispute! I seriously doubt, although not impossible, OBW rolls of say 1999P's may be introduced by a large quantity into the Fed regional distribution. I know you, I, and others have come across nice BU type coins, myself sometimes quite a few in a bank box. I believe these to be from some deceased collector's relatives dumping rolls for the cash, personally witnessed this at a local bank{turned in) and at a coinstar where customer broke the rolls into the hopper(refused to sell to me, idiot!).

I close by suggesting that CRH be formally changed to "Circulated Roll Hunting", that more fits the description!

Pillar of the Community
United States
1695 Posts
 Posted 04/30/2017  9:17 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list
The term "uncirculated" is an equivocal term. It can mean 1) no wear; or 2) never in circulation. If you keep the two meanings distinct, then the problem goes away. A coin from circulation (second meaning) can have a grade of uncirculated (first meaning).
Rest in Peace
10197 Posts
 Posted 04/30/2017  10:59 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
Aristarchus123, exactly. Once the OP was CRHing a roll purchased from the bank and opened it, voila!...in circulation. Can't really see why it is so HARD to understand, if a coin has been touched by human hands it is circulated. Which can be said for the coins I've removed from my OBW rolls if I were to put my nice MS66+ 1958D's back into the bank dump bag and return to be placed into circulation, you think I'd do that?

Help-Grading-And-A-1999-Lincoln-Cent

Bedrock of the Community
Canada
10743 Posts
 Posted 05/01/2017  06:20 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list

Quote:
Telling new collectors that it's impossible to obtain a mint state coin from circulation is a disservice to the hobby.


I agree,
And, the coin pictured is at least, MS-65 on the obverse but, as you know, we need both sides.
Moderator
Learn More...
United States
56855 Posts
 Posted 05/01/2017  07:47 am  Show Profile   Bookmark this reply Add John1 to your friends list
I consider circulation/circulated as a process and MS as a grade. Who else thinks this way?
John1
Rest in Peace
United States
18456 Posts
 Posted 05/01/2017  08:17 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
What we have here is a failure to communicate . ( taken from Cool Hand Luke ).
Hey Butch , looks like we opened a can of worms here . At least John seems to be on our side .
Maybe this will clear things up : If it was found CRH it is NOT Uncirculated !!
However it can have the LOOK of a MS coin , but not be classified as MS-60 to 69.
Pillar of the Community
United States
715 Posts
 Posted 05/01/2017  09:29 am  Show Profile   Bookmark this reply Add Oijogja to your friends list
Okay, I get the reasoning behind calling a coin circulated if one found it in a roll -- if it's ever been outside of a mint-sealed container, you could say that. But as far as grading goes, the term uncirculated has to do with wear, not with its travels. I mean, how could any coin truly be considered properly graded as uncirculated if a person had to handle the coin to grade it? Are only special types of careful handling acceptable? It seems like an awfully thin line, if so.

Here is a screenshot I took with my phone from the PCGS Coin Facts app. I knew I'd seen reference to pulling MS coins from circulation somewhere in there. I'm sure there are more, but this was the first one I came across.

Help-Grading-And-A-1999-Lincoln-Cent
Rest in Peace
10197 Posts
 Posted 05/01/2017  8:40 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
Yea T-Bop, I guess we're "purists" on this issue. I'm halfway tempted to take a couple of my OBW Memorials, say a 1960D small date and a 1963P and dump them in the sorter. That would make them second time around and circulated. You'd have some poor idiot, er, collector in the KC region posting on here and sending in to TPG!



PS: Only "halfway", not totally CRAZY! (yet)

Page 2 of 2   Previous TopicReplies: 20 / Views: 2,434Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




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 - 2026 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 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums