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Those Shiny Coins Could Slip Through

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 Posted 03/03/2021  2:04 pm  Show Profile   Bookmark this reply Add Minnimarine to your friends list Get a Link to this Reply
@jbuck I get that. I guess what I am asking the same concept of the 1987 P. Regardless of where the coin came from the grade is what makes the coin. Even if pulled from circulation. Just a learning question is all.
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 Posted 03/03/2021  3:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I guess what I am asking the same concept of the 1987 P.
The 1987 P is a business strike. It may go into circulation, it may not; but it was made using one minting procedure, proofs use another.

Modern mint set coins are made on different presses with fresher dies and are handled more carefully than what is specifically minted to circulate, but they are all still business strikes.
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 Posted 03/03/2021  5:12 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply

Quote:
Scratches, dents, bagmarks and such like are not considered "wear", as they can readily occur as part of the minting process; as such they can be present on an Uncirculated coin.


My question, which I raised a number of years ago at a coin club meeting, was whether you can always tell marks made during the minting process, bagmarks, etc, from marks due to circulation?

I wasn't convinced that you could. What do others think?

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 Posted 03/03/2021  7:55 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

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A proof coin is always a proof coin, as that is how it was made. You can get below PR-60, that is PR-01 is a possible grade.

Proof Coin , PR-60 . Bad day ? Best get some sleep .
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360 Posts
 Posted 03/04/2021  06:54 am  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply

Quote:
My question, which I raised a number of years ago at a coin club meeting, was whether you can always tell marks made during the minting process, bagmarks, etc, from marks due to circulation?

I wasn't convinced that you could. What do others think?


I do not see how you could possibly tell if a mark is a bag mark or a pocket change mark.

...and because I like this conversation and want to offer some eye food, below are two coins that I know for a fact were never in circulation, were put into flips at the same time, and were stored together in the same conditions more or less side by side for about 48 years. Technically uncirculated, conditionally maybe not so much. (From Mint "Penny Bag" purchase in 1973).
Since one is from Philadelphia and one from Denver, at least one did some travelling before being put in the bag for sale.



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 Posted 03/04/2021  07:09 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I have been told by a dealer, and this discussion seems to confirm it, that uncirculated is better described as a condition, not the process by which it entered a collector's hands. Whether it came directly from the mint or passed through a few hands before it end up in a till and then to a collector is not relevant, it is the state of the coin that is relevant/
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