Thanks for having patience with me Bill as I try to learn, but I am still confused.
According to the Sheldon scale for coin grading used by the ANA, an AU58 coin will have almost full original mint luster. An AU50 coin will have 50% original mint luster. If we go with this definition or guideline, then the presence of mint luster is not a determinant of a mint state coin. Mint State coins can have significantly impaired mint luster.
According to the guidelines I have read, the determinant of a mint state coin is wear, or the absence of it.
Sheldon grading guidelines:


According to the Sheldon scale for coin grading used by the ANA, an AU58 coin will have almost full original mint luster. An AU50 coin will have 50% original mint luster. If we go with this definition or guideline, then the presence of mint luster is not a determinant of a mint state coin. Mint State coins can have significantly impaired mint luster.
According to the guidelines I have read, the determinant of a mint state coin is wear, or the absence of it.
Quote:
"Mint State" means that you have enough of the mint surface to not break the mint luster swirl. A coin can have mint sharpness and not be Mint State if the mint luster is broken. It can weak but if it's not broken, it's Mint State. The low Mint State grades are reserved for those pieces as well as the marked up pieces.
"Mint State" means that you have enough of the mint surface to not break the mint luster swirl. A coin can have mint sharpness and not be Mint State if the mint luster is broken. It can weak but if it's not broken, it's Mint State. The low Mint State grades are reserved for those pieces as well as the marked up pieces.
Sheldon grading guidelines:


IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
02/11/2017 11:14 pm
02/11/2017 11:14 pm



















