| Author |
 Replies: 28 / Views: 2,407 |
|
|
|
Bedrock of the Community
 United States
18696 Posts |
Quote:
How do you explain to a newbie we find "uncirculated" coins "in circulation" all the time? It's a total oxymoron! i think the term uncirculated should be removed from our lexicon. looking at our current grading scale what we have are various of a mint state coin. a G4 or VF35 grade just tells us where a coin is as related to its original mint state. coins in circulated coin are just in a different state of mint state when you think about it. the term uncirculated came into play prior to our current system and was carried forward by the old graders when we had Unc, Gem Unc and Brilliant Unc. This system was open to different interpretations and as prices increased a new system was needed to discern the differences in the various mint states which is probably the reason they changed to a point grading system |
|
Pillar of the Community
United States
8715 Posts |
|
|
Bedrock of the Community
United States
94367 Posts |
65RB, great buy, congrats!
|
|
Bedrock of the Community
United States
12477 Posts |
Quote:
i think the term uncirculated should be removed from our lexicon. Maybe. It should be noted that what is MS (Uncirculated) and what is not (AU and lower) in professional grading requires no provenance. It requires only the current state of the coin. That current state may include nearly invisible fingerprints. Even a coin from a freshly wrapped bank roll taken from a bulk bag straight from the Mint is technically "circulated" despite never having been touched by human hands. It's a conundrum.  I am almost completely done caring about what a technical definition may be. I'm learning!  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
|
|
Pillar of the Community
5464 Posts |
Quote:Maybe. It should be noted that what is MS (Uncirculated) and what is not (AU and lower) in professional grading requires no provenance. It requires only the current state of the coin. That current state may include nearly invisible fingerprints. Even a coin from a freshly wrapped bank roll taken from a bulk bag straight from the Mint is technically "circulated" despite never having been touched by human hands. It's a conundrum. I have another one for you. How about a fingerprint on a coin inside a sealed cellophane mint set? I have one here somewhere, I should post it. |
|
Bedrock of the Community
United States
18696 Posts |
[quote]
I have another one for you. How about a fingerprint on a coin inside a sealed cellophane mint set? [/quote
thats what I'm saying is that all coins are in some state of mint state. whether they are completely worn or perfection. IMO We could technically call a VF20 coin MS20. I think the terms G, VG, F, VF, XF and AU were taken from the original grading system and fit into the new numerical system to give everyone a reference point since everyone was used to grading that way. Mint sets are handled and packaged differently than lets say Proof sets and I can see where a coin may have a print on it. it could have actually been placed there when it was just a planchet (who knows). the coin is still mint state and although it may not affect the numerical grade it would affect value. if the coin is MS65 with a print on it I would not even be interested in purchasing it but if I did I would not pay MS65 dollars for it even though technically it graded that high.
|
|
Pillar of the Community
United States
1590 Posts |
AS far as the fingerprint goes, coins were looked at and handled by inspectors at the mint. Not all of the by any means, however since they could have had fingerprints from mint workers BEFORE they were bagged; then a single light fingerprint is acceptable for an ms coin. And not proof in and of itself that a coin is AU.
|
|
Bedrock of the Community
United States
19966 Posts |
The reverse keeps this from a 65.
64RD
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
|
|
Bedrock of the Community
United States
19966 Posts |
Quote:
Seeing it has a fingerprint on the reverse would that make it an AU cent? Absolutely not, the Sheldon system is based on WEAR below mint state. A fingerprint is NOT wear. There are thousands of MS coins in slabs with fingerprints. The path to collectors/graders hands is completely irrelevant. It's all about wear. |
|
Pillar of the Community
5464 Posts |
Quote:
There are thousands of MS coins in slabs with fingerprints. I should start a thread: "Post Your Slabbed MS Coins With Fingerprints" That could an interesting thread. |
|
Valued Member
United States
441 Posts |
Quote:
I should start a thread: "Post Your Slabbed MS Coins With Fingerprints"   Do it!! Do it!!   Lots of collectors own them, because they come at a discount, but generally they are avoided, because nobody likes them. Nobody really shows off their fingerprint coins; this way, maybe we could all view some rarely displayed MS coins and admire for once the "gems they might have been" beneath the fingerprints. |
|
Pillar of the Community
5464 Posts |
Edited by USSID18
09/02/2018 10:07 pm
|
|
Pillar of the Community
United States
719 Posts |
|
| |
Replies: 28 / Views: 2,407 |
First Page
Posted 08/21/2018 10:56 am
