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Can A Circulated Coin Be Rated MS-60 Or Higher?

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jbuck's Avatar
United States
189142 Posts
 Posted 07/08/2016  2:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I was under the idea that ONLY circulated coins could get MS rating. Any coin pulled from a proof set or specimen set would have the denotation of PR or SP.
The US mint set coins are billed as "uncirculated" and not specimen, therefore they are to be graded as MS. US proof sets are, of course, graded as PR.
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Andrew99's Avatar
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1533 Posts
 Posted 07/08/2016  3:45 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
"If you don't like them, you don't have to use them"

Not true. It is no longer possible to collect many series raw as most of the nice coins have been slabbed. Try to put together a Gem Walker set or a set of Fine or better Draped Bust anything and see how far you get. It simply isn't possible to ignore TPGs these days. They are part of the hobby and you have to accept them or don't buy coins.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 07/08/2016  4:04 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
i was going to mention the newer Pliofilm sets are now business strikes, but I thought the OP was talking about proof sets.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 07/08/2016  4:04 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
by newer I mean from the 80's on
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jbuck's Avatar
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 Posted 07/08/2016  4:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Just because I buy a coin in a slab does not mean I have to keep the coin in the slab.
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BadThad's Avatar
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 Posted 07/08/2016  8:01 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

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An MS coin is a coin that shows NO evidence of wear regardless of if it came straight from the Mint or from your pocket change , it makes NO difference.
it is NOT unusual to find coins up to MS64 in your change, it just depends on how long it has circulated and how it was treated during that time.
MS means Mint State Not Mint Fresh


EXACTLY CORRECT!

I have pulled HUNDREDS of mint state coins from bank boxes, bags and even pocket change! Several were as high as MS-67.
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Edited by BadThad
07/08/2016 8:57 pm
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BadThad's Avatar
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19964 Posts
 Posted 07/08/2016  8:53 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Here's one example confirmed by NGC. A 1999 WAM I found searching a bank box of standard pennies:



Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?

Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?


Can-A-Circulated-Coin-Be-Rated-MS-60-Or-Higher?
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Edited by BadThad
07/08/2016 8:54 pm
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jbuck's Avatar
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 Posted 07/09/2016  01:03 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Here's one example confirmed by NGC. A 1999 WAM I found searching a bank box of standard pennies:
Perfect example.
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