Bank Rolls Vs. Mint Rolls - Is There A Difference? - Page 2

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Author	Replies: 21 / Views: 10,723	Page: of 2

spiritawahili New Member United States 8 Posts	Posted 06/07/2019 3:17 pm Hey everyone... So here it is. I'm very new to all of this. So I want to make absolutely clear of what I am hearing. If I go to my bank and get any roll of coins they give me and I find some coins that are in top notch shape, very clean, not much dings or scratches, luster is good and all of that... Does this mean that that coin is considered to be in the "mint state" condition and can PCGS slab a coin as an MS67 or whatever? I see on PCGS "business strike" label on their website and grades that are MS68. Someone here in my home town says that the "business Strike" coins can never be considered an MS no matter what. Thanks for the help Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 06/07/2019 6:35 pm Quote: Hey everyone... So here it is. I'm very new to all of this. So I want to make absolutely clear of what I am hearing. If I go to my bank and get any roll of coins they give me and I find some coins that are in top notch shape, very clean, not much dings or scratches, luster is good and all of that... Does this mean that that coin is considered to be in the "mint state" condition and can PCGS slab a coin as an MS67 or whatever? I see on PCGS "business strike" label on their website and grades that are MS68. Someone here in my home town says that the "business Strike" coins can never be considered an MS no matter what. Thanks for the help They would be incorrect. All that matters for the grade of a coin is the current condition that it is in. It doesn't matter if it came out of a cash register, the cup holder in the car, an album, a mint set etc the coins are graded by their condition. Obviously you're a lot less likely to get a high quality coin depending on the method but it is possible though very rare to find high end moderns in change or at the bank. Report this Post to the Staff
Big-Kingdom Pillar of the Community United States 1667 Posts	Posted 06/07/2019 8:35 pm I think "business strike" became an identifier around the same time the mint made satin finish on the mint sets, just to differentiate the mint set satin finish coins from the regular business strike coins. Before then the only thing I ever heard was circulated, uncirculated and proof. Not sure about this though, just my theory. Mint set coins and fresh date rolled coins from a bank were the same appearance mostly, there really wasn't any difference as far as the grading companies were concerned and the best examples would usually come from the mint sets. 2005-2010 was around when the "business strike" thing became a thing I think. And if the coins in the roll"have not much dings or scratches it's not grading above a MS65. To get 67 and above it would need to be free of marks visible to the eye without magnification. MS 67 and above are exception coins and near flawless. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 06/07/2019 9:14 pm Quote: Before then the only thing I ever heard was circulated, uncirculated and proof. Many people use some of those terms incorrectly. Proof is a type of coin just as business strike refers to coins that are intended for commerce. Uncirculated and circulated are grades not types of coins. Business strikes, proofs, specimens, satin finish, colorized, reverse proof etc can all be circulated or uncirculated. Quote: To get 67 and above it would need to be free of marks visible to the eye without magnification. MS 67 and above are exception coins and near flawless. There can still be marks just not severe ones. A lot of the top pop ultra moderns and moderns have tremendous luster, one of those coins you could pick out of a pile from 10 feet away seeing they're clearly exceptional. The luster and surface preservation plays a huge role Report this Post to the Staff
jbuck Moderator United States 189053 Posts	Posted 06/07/2019 10:29 pm to the Community, spiritawahili! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
spiritawahili New Member United States 8 Posts	Posted 06/08/2019 07:34 am Wow, what great information. You don't know how much searching I've been doing on coins and trying to get a straight answer. Thank you all you're the best. Report this Post to the Staff
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