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"Average Circulated"

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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 08/19/2007  9:23 pm Show Profile   Bookmark this topic Add halfabustisbetter to your friends list Get a Link to this Message Number of Subscribers
Looking for a definition of "average circulated."

What does it mean to you? A condition? A particular grade?
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Scottishmoney's Avatar
United States
597 Posts
 Posted 08/19/2007  9:30 pm  Show Profile   Bookmark this reply Add Scottishmoney to your friends list Get a Link to this Reply
Between AG-3 and G-4, so AG-3.5
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Metalman's Avatar
United States
7123 Posts
 Posted 08/19/2007  9:46 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
to me average circulated could mean anything from AG-3 to VF-35 .

Its really is not a term I use nor is it one that I would promote the use of .

it is to ambiguous in its meaning to mean anything meaningful about the condition of a coin.

Metalman
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Dewayne76's Avatar
United States
590 Posts
 Posted 08/19/2007  9:56 pm  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
"Fine" give or take a little.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 08/19/2007  10:19 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
The industry (generally) describes P-VG as low grade, F-VF as mid grade, and EF-MS as high grade.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 08/19/2007  10:21 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
quote:
to me average circulated could mean anything from AG-3 to VF-45


Not sure if that was a typo, but VF goes up to 35. A 45 would be an EF.
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Metalman's Avatar
United States
7123 Posts
 Posted 08/19/2007  10:24 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I corrected the number ,thanks for pointing out the error .

Metalman
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Amazon99's Avatar
United States
2443 Posts
 Posted 08/19/2007  11:00 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Average circulated to me would be a fine since it's right down the middle but most ebay auctions that means AG-G.
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paland's Avatar
United States
34 Posts
 Posted 08/20/2007  01:36 am  Show Profile   Bookmark this reply Add paland to your friends list Get a Link to this Reply
I agree that on ebay, the term "average circulated" means A-G3 to G-4. But I would think Metalman has it right when he says AG-3 to VF-35. Maybe I'm too strict on my grading but most of the sellers overgrade their auctions by a full grade. Meaning an XF-45 is usually just a VF-35, etc. So when I look at the prices, I take it down a notch and then maybe buy an auction if I think it's a deal.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/20/2007  04:18 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I see average circulaed as being a variable thing depending on what series you are dealing with.
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NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 08/20/2007  06:11 am  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
I'm with Dawayne, as "Fine" just seems to be what you expect of a coin with regards to condition and most coins which are not antiques you would expect to be somewhere around this "Fine" condition.
Bedrock of the Community
United States
20753 Posts
 Posted 08/20/2007  08:02 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I would think it depends on where a coin is being circulated. If used in a lot of washing machines, it would become a G-4 or less. If used once for buying something, it could still be average but now a AU-58.3 If slid across a concrete sidewalk for days and only on one side, it could be MS-60(-)G-3.
For real, never heard the term before.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 08/20/2007  11:23 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
I must admit the term causes confusion for me. Maybe it's used because it causes confusion. If you search the term in ebay you get several listings that use the term in the title, and if you search the title and description, there are over 1000 listings that use the term.

On ebay, I've determined that for some sellers, average circulated means "I don't have anything nice to put in the listing title about these coins so I'll call them 'average circulated'." For others it means something like "used but not poor, damaged, or obliterated."

I found a couple of examples done by someone who touts membership in ANA, NENA, CONECA, JRCS, SPMC, LTS, and CWTS as I was looking through the listings last night: http://cgi.ebay.com/2-Hawaii-Dime-1...ed_W0QQitemZ290151922217QQihZ019QQcategoryZ867QQssPageNameZWDVWQQrdZ1QQcmdZViewItem and http://cgi.ebay.com/1895-O-Key-Date...ed_W0QQitemZ290152253167QQihZ019QQcategoryZ139812QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

These are the listings that got me curious about the term and what people think it might mean.

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morganman's Avatar
United States
397 Posts
 Posted 08/20/2007  12:40 pm  Show Profile   Bookmark this reply Add morganman to your friends list Get a Link to this Reply
quote:
I see average circulated as being a variable thing depending on what series you are dealing with.



I agree. The condition of an "average circulated" Lincoln Memorial cent would be much different from the condition of an "average circulated" SLQ quarter.

MM

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inacoffeebuzz's Avatar
United States
204 Posts
 Posted 08/20/2007  12:55 pm  Show Profile   Bookmark this reply Add inacoffeebuzz to your friends list Get a Link to this Reply
I think it's synonymous with "buyer beware"
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hunter20ga's Avatar
United States
1173 Posts
 Posted 08/20/2007  1:05 pm  Show Profile   Bookmark this reply Add hunter20ga to your friends list Get a Link to this Reply
Average circulated usually means that the coin is AG-G and or has problems, in my experience. It's a way of not giving a grade to a coin and making it sound better than it is. If a seller could honestly say a coin is VF, they will do so. If they want to imply that a coin is better than G, but not be held to it, they say it's "average circulated condition." Since there's no consensus on what that means, a seller can't be held responsible.
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