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Replies: 16 / Views: 7,485 |
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Pillar of the Community
United States
589 Posts |
Hi All, Does anyone know what grade a coin from a coin roll sold by the US Mint would be?
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Pillar of the Community
United States
4897 Posts |
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Bedrock of the Community
13014 Posts |
If you look at price charts where you see the jump in price is where it stops being in the average grade range. Same if you check population reports from the TPGs youll see a grade where they start to become scare or a lot less are reaching that grade than a grade or two down.
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Rest in Peace
United States
4078 Posts |
Quote: Does anyone know what grade a coin from a coin roll sold by the US Mint would be? Basebal21, the OP is only asking the grade. Not sure if Amida17 is correct  but interesting question. Granted a lot of different grades but on the average. Still trying to understand your answer  
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Pillar of the Community
United States
4897 Posts |
Quote: Not sure if Amida17 is correct amida17 is not sure if he is correct either... stands to reason at least MS...
Edited by amida17 03/17/2013 4:41 pm
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Pillar of the Community
United States
3755 Posts |
They will all be MS coins. Now, what level is up for grabs. BUT, generally speaking, you are not going to get anything much better than MS67. The majority of the coins grading above that mostly come from mint sets. Of course there are exceptions to that, but that is a decent rule of thumb to follow.
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Bedrock of the Community
13014 Posts |
Quote: Basebal21, the OP is only asking the grade. Not sure if Amida17 is correct but interesting question. Granted a lot of different grades but on the average. Still trying to understand your answer I probably should have explained it a little better. Basically you cant say the coins in a roll will be a certain grade, you can only say they are likely to be in a certain range. That range will depend on the series and which mint it came from. A 2012 quarter will have a higher average grade than say a 42 penny. My suggestion was to use the guides and population reports to find out what those average grades are. For price guides the high grades that still have a low prices or just have small increases are coins that are easily found, aka average grade. A large jump would indicate that coin while possible to find should not be expected to be in a roll, if you find it in one you looked in a lot or got lucky. Same with the population reports. With the mass submissions that large dealers/sites use they dont just cherry pick everything to send in. Youll see large populations for the average grades of coins in rolls or bags while youll see smaller (sometimes much smaller) populations for the gems that some of the rolls have. For a single roll purchase I would just expect that the coins would fall into that average range and be excited if anything exceeded that. Its not a perfect system as mint sets throw off the grading some, but like the price guides it gets you within range for what should be expected.
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Pillar of the Community
United States
784 Posts |
I would say so far in my experience with pres dollar rolls I usually get one or two coins max per roll that are just stand out and go in the book. All the others have too many bag marks.
Out if curiosity, how are mint sets assembled? Do they come 'off the line', as it were, sooner than everything else or are they picked and assembled first before anything else? I can't imagine that they have someone cherry picking them out of the bins but maybe I'm wrong. Do you really see nicer examples than fresh bank rolls?
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Valued Member
United States
131 Posts |
Theoretically, they will be anywhere from MS 60-70. By definition, coins received directly from the mint ARE mint state, or MS. Then, it totally depends on the condition of the coin whether it is 60-70. The planchet could be off, the die worn, the coin hit 50,000 other coins on its way to the roll, etc.
Rolls, even from the mint, have no 'per se' rating OTHER than MS.
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Pillar of the Community
United States
2311 Posts |
I believe 90% of the coins are ms-63. MS-62 would kind of be low. Ms-70 is like playing the lottery....
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Pillar of the Community
United States
3755 Posts |
rking, mint sets are struck differently and not sent shooshing down conveyer belts and into big bins like circulation coins are. They are higher quality versions of the circulating coins.
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Pillar of the Community
United States
4901 Posts |
NGC stats show most coins graded (highest numbers by grade) Sac $.....MS 66/67
Pres $....MS 65-67
halves....MS 66
Quarters..MS 67
Dimes.....MS 66/67
Nickels...MS 66/67
cents.....MS 66
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Pillar of the Community
United States
2311 Posts |
Foxwoods got it good.
But like I said though, you can get a ms-69 or maybe 70. But it's all chance.
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New Member
United States
1 Posts |
Back in 2013 Telestar27 posted an answer regarding what the state of a coin would be coming from a mint in rolls. I thought this was an excellent answer that has helped me recently. In the answer it was stated that coins would be theoretically graded from MS 60- MS 70, but certainly MS.
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Pillar of the Community
United States
738 Posts |
saw couple cent rolls on ebay,whole roll was graded by anacs as ms-65 or higher
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Bedrock of the Community
United States
19942 Posts |
You cannot apply a blanket grade, it depends on the year and issue. Obviously, they will be mint state but the various issues all differ. As a generalization, all we can say is MS60 up.
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Replies: 16 / Views: 7,485 |