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 Replies: 18 / Views: 17,773 |
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New Member
United States
21 Posts |
For instance, what should a lot of silver dollars that are "average circulated" look like in your opinion? Is mild cleaning allowed or must all coins be third party gradable? I can't find a definitive answer anywhere.
I and most folks I know consider anything that is not an obvious cull or is a VG or worse with a readable date and no rare date to be 'average circulated" condition when it comes to silver dollars.
What are you guy's thoughts on that?
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Bedrock of the Community
13014 Posts |
Very interesting question. Its so hard to define such a term. To me it would be something that is still in good shape but was clearly used. Definitely not a cull coin and definitely not an ms or ef but somewhere in the middle I think provident metals actually has fairly good pictures of it http://www.providentmetals.com/coin.../morgan.html |
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Bedrock of the Community
Australia
21788 Posts |
"average circulated" condition would depend on each issue.
Some coins circulated very little, or not all, and so for that type 'average circulated', condition would be Uncirculated. Other coins circulated for a very long time such as British copper coins of the 17th 18th centuries, and 'average circulated' coins are typically found in VG condition or less.
For most widely circulated modern coins, a typically 'average circulated' coin would be somewhere around Fine condition.
Edited by sel_69l
08/05/2012 8:32 pm
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Bedrock of the Community
United States
36777 Posts |
Quote:
I and most folks I know consider anything that is not an obvious cull or is a VG or worse with a readable date and no rare date to be 'average circulated" condition when it comes to silver dollars. I would agree with this. Usually very common coins that are heavily worn with a couple Fine or slightly better tossed in. |
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Pillar of the Community
United States
2077 Posts |
I think "average circulation" means "didn't want to grade coin"
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Pillar of the Community
United States
5854 Posts |
Everyone might have a different definition but when it comes to silver dollars, I usually use the term when referring to the grades around VG-VF. I think they can have some minor problems like a light clean or small rim ding but nothing major like harsh cleaning or significant damage. Each series would probably have a slightly different definition so for barbers, I usually think of G-VG.
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Pillar of the Community
United States
1699 Posts |
Yup!!  Either they didn't want to grade, don't know how to grade, or are forced not to (as in ebay). |
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Pillar of the Community
United States
2077 Posts |
Problem is that it is ambiguous. There are no standards. For instance, I might think that an average 50s wheat should be VF, but someone else might say F and another say VG.
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Bedrock of the Community
United States
36777 Posts |
It's a selling tool for dealer bulk lots. Each one is going to be different, not only for type of coin but from dealer to dealer.
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Valued Member
United States
338 Posts |
I have this same question now as I ran across some notes from my father in a book of coins containing Mercs, WLs, Wheats. In terms of, about avg circulation or avg circulation, is there a more definitive grade range now post the 2012 responses? Thanks in advance.
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CCF Advertiser
United States
1533 Posts |
I do this on ebay listings as well, paper currency with stains, cuts, writing is average circulated. Large cents with problems, either extreme wear, rim dings, cleanings, scratches, otherwise culls is average circulated. Average circulated is below average. |
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Moderator
 United States
54282 Posts |
"About" is another non-exact term. For coins, it always means "less than". e.g., About good, About uncirculated.
"About average circulated" coins, to me, would mean the coins show more circulation than "average circulated" coins.
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Bedrock of the Community
United States
10982 Posts |
Culls and other coins with significant damage should not be in average circulated lots. The phrase "average circulated" is often associated with bulk lots and generally means an average of Very Good Condition. Average circulated lots I have purchased contained coins from AG to XF condition where the weight of the group of coins has not fallen below 99% of nominal. The 0.715 multiplier (times face value) for calculating weight on bags of junk U.S. silver coins is based on what average circulated lots should contain.
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Pillar of the Community
Australia
7096 Posts |
To Me "Average Circulated would equal "Nothing Special But not damaged or cleaned".
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Moderator
United States
188770 Posts |
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Rest in Peace
10197 Posts |
Just easier to say when describing whole lot (bidding lot) of any denom coin instead of grading each individual.
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Replies: 18 / Views: 17,773 |
Posted 08/05/2012 8:06 pm
