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A Question About Uncirculated Vs Circulated

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Valued Member
Canada
196 Posts
 Posted 03/28/2020  08:46 am  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
@bill069 "The line between AU-58 and MS-60 is so thin that any two individuals may grade a single coin differently.
Until we use A.I. for grading the subjectiveness will come into play."

100% agree; AI might help but is that really where we need to go? I personally dislike the term 'uncirculated'. The only coins I believe it for are collector sets that come encased in plastic and don't ever hit a cash register. For routine collectors I would argue that it's outdated and that the term 'mint state', which does not assume that a coin has never been used in a transaction - it's just about what kind of shape the thing is in.
Pillar of the Community
United States
577 Posts
 Posted 03/28/2020  09:30 am  Show Profile   Bookmark this reply Add bill069 to your friends list Get a Link to this Reply
Silver101, It's only a matter of time until someone develope an A.I. to grade coins. The companis that do it now will profit by limited personnel needed to grade. Profit will be the driving force to this end.
Valued Member
Canada
196 Posts
 Posted 03/28/2020  12:39 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
Could be but then there will be other companies that offer artisanal, bespoke coin grading by actual humans - and they will charge a premium for the service!
Valued Member
United States
377 Posts
 Posted 03/28/2020  4:09 pm  Show Profile   Bookmark this reply Add KauaiHawaiiGuy to your friends list Get a Link to this Reply
I've read a number of people stating that bag marks look different then wear and therefore aren't considered wear ........... OK, I'll buy that, they do, but a near pristine AU-58 Morgan vs this MS-60, graded ........ Oh yes, officially graded by PCGS because it is after all Un-circulated and and MS coin. I think there's something wrong with this grading system then.

Valued Member
Canada
196 Posts
 Posted 03/28/2020  4:53 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
@KauaiHawaiiGuy

YES! I would rather buy a decent AU-55 over an MS-60 almost any day. It's a meaningless numerical up-tick. The whole Sheldon numbering system needs to be revised.....
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Canada
7948 Posts
 Posted 03/28/2020  6:05 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
It's not circulated vs. uncirculated
It's
"Dipping" is not considered cleaning...
-from PCGS website
Pillar of the Community
United States
8089 Posts
 Posted 03/29/2020  11:35 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
The Morgan you posted graded MS-60 because of the abundance of bag marks all over the coin. However, you look at the hair (one of the first places to show wear on Morgans), you will see that all the detail is still there, thus the coin is uncirculated. Yes, many AU-58 coins look much better than coins graded MS-60. In fact, when I was learning how to grade, I heard AU-58 being described as an MS-63 or MS-64 with a little bit of wear.
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