2003 5 Cent Piece - What Does Uncirculating Coin Mean ?

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Author	Replies: 8 / Views: 1,690
GaryN Valued Member Canada 293 Posts	Posted 06/23/2013 5:20 pm I have a 2003 New Effigy coin. I cound a site that gives some idea of value and I'm hoping you can help. It has a catagory for Circulated and one for Uncirculated. What is the difference. If I have a "circulated" coin in MS67 condition, how does one tell if it's circulated or uncirculated ? 5 cents 2003 values of uncirculated coins2 Year Variety MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67 2003 Old Effigy-P$0.40 $ 1.20 $ 2.10 $ 8.80 $ 27 $ 130 2003 New Effigy-P $0.20 $ 1.00 $ 2.10 $ 13 $ 55 $ 200 2003 WP - - - - - - - Report this Post to the Staff

rmc Valued Member Canada 478 Posts	Posted 06/23/2013 7:19 pm Anything in MS state is Uncirculated. Report this Post to the Staff
Wade Pillar of the Community Canada 2781 Posts	Posted 06/23/2013 7:21 pm circulated and MS67... um... never. http://www.coinoisseur.com/GradingC...OIN%20GRADES Report this Post to the Staff
GaryN Valued Member Canada 293 Posts	Posted 06/23/2013 7:32 pm OK, so it is all to do with the condition? He just had circulated and uncirculated under two different headings, so it would leave one to believe that they are two different kinds of coins. So if it's just condition, just any nickel that is still wraped in the original roll is worth $200 ? Report this Post to the Staff
middross Pillar of the Community Canada 695 Posts	Posted 06/23/2013 7:55 pm No. It every coin still in the original wrapper will grade at an ms67. Most will grade ms62 to ms64. Report this Post to the Staff
GaryN Valued Member Canada 293 Posts	Posted 06/23/2013 7:56 pm That makes sense now. Thanks to you all for the insight Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 06/23/2013 10:05 pm He may be referring to coins from Uncirculated/Brilliant Uncirculated/Proof-Like sets. Until just the last few years these sets were struck with different finishes from the one used for Circulation coins. So an MS65 Circulation coin is an uncirculated Circulation. Where as an MS65 taken from a set may be referred to as Uncirculated (note the capital). There's a section in Charlton Vol 2 (which I lent out and haven't gotten back yet) on the sets and you see them change over time from Proof-Like to Brilliant Uncirculated etc as the mint changes their production. I believe ICCS currently identifies the Brilliant Uncirculated sets as Numismatic BU. You see this in Charlton Vol 1 as the price charts show PL65 in the 50's & 60's but MS66 NC (Noncirculating) in the 80's and 90's and then nothing at all for 2011+. Be aware that many sellers use many of these terms interchangeably but the value of an MS65 vs an MS65 NC is quite different. The first is uncirculated (Mint State) while the second is Brilliant Uncirculated (Mint State). Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 06/23/2013 10:06 pm p.s. Here is a good site for price info http://www.coinsandcanada.com/coins-prices.php although the webmaster uses Proof-Like for all years so you need to know which ones mean NBU etc. Report this Post to the Staff
Petersun Pillar of the Community Canada 1700 Posts	Posted 06/24/2013 12:51 am Coins in rolls are wraped by machines, leaving bag marks. I agree with MS 62-64 for most. Every nickel roll I only get around two MS65 Report this Post to the Staff
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