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How To Find The Gems In New Circulation/Bank Rolls?

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Author Previous TopicReplies: 12 / Views: 1,054Next Topic  
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LazerPig's Avatar
United States
88 Posts
 Posted 08/12/2022  7:11 pm Show Profile   Bookmark this topic Add LazerPig to your friends list Get a Link to this Message Number of Subscribers
I've heard people mention that they will go through rolls (usually quarters) and pull out candidates for super high end grades like MS68. In my experience with new bank rolls, every single coin looks identically perfect, with no discernable difference between one and another. So am I just not looking closely enough or are the gems so rare maybe I just haven't come across one yet and when I do it will stand out from the rest?
Edited by LazerPig
08/12/2022 7:12 pm
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/12/2022  7:17 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To an untrained eye yes, they will look all the same mainly with Quarters and Dimes . But if you ever come across an MS-68 you will know it .
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datadragon's Avatar
United States
1648 Posts
 Posted 08/12/2022  8:21 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
To practice, first go through your pocket change and start to pick out all the quarters from the same year together...start with recent 3 years for example, then try to sort them by how many marks or spots they have, how well struck the design is onto the coin vs others, and how appealing the coin looks and its luster. You can go to a site like https://www.PCGS.com/photograde/ to browse photos also. Below is an example generic scale for grading to start. Later you can get books like Making the grade that can show the areas where a type of coin wears first, and where the mark is can be worse in some areas than others. In uncirculated rolls that are modern its possible to have many high graded coins just with slight differences.

(MS-60) Mint State Basal - Strictly uncirculated; no evidence of wear on the highest points of the coin but an ugly coin with subdued luster, noticeable contact marks, hairlines, etc.
(MS-63) Mint State Acceptable - Uncirculated, but with contact marks and nicks, slightly impaired luster, fundamentally appealing appearance. The strike is average to weak.
(MS-65) Mint State Choice - Uncirculated with strong mint luster, very few contact marks, and excellent eye appeal. The strike is above average.
(MS-68) Mint State Premium Quality - Uncirculated with perfect luster, no visible contact marks to the naked eye, exceptional eye appeal. The strike is sharp and attractive.
(MS-69) Mint State Almost Perfect - Uncirculated with perfect luster, sharp and attractive strike, and very exceptional eye appeal. A perfect coin except for tiny flaws (only visible under 8x magnification) in planchet, strike, or contact marks.
(MS-70) Mint State Perfect - The perfect coin. There are no microscopic flaws visible under 8x magnification; the strike is sharp, and the coin is perfectly centered on a perfect planchet. Bright and complete, original luster and outstanding eye appeal that is rarely seen on a coin.
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ijn1944's Avatar
United States
19193 Posts
 Posted 08/12/2022  8:33 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
All the above, plus, look the entire coin over for subtle stuff--rim dings, small nicks and hits on high points as well as open 'fields'. Turn the coin slowly in natural light and observe--some things will leap out at you.
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LazerPig's Avatar
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88 Posts
 Posted 08/12/2022  8:34 pm  Show Profile   Bookmark this reply Add LazerPig to your friends list Get a Link to this Reply
Appreciate the replies! To be more specific I'm mainly talking about rolls of all brand new freshly minted coins, same date, same mint, etc. I presume we would consider newly minted coins to be for the most part already at MS65? I have roll upon roll of State Quarters where I assure you there is not a visible ding or mark on any coin in the roll, the fields all appear immaculate, etc .....
Edited by LazerPig
08/12/2022 8:45 pm
Pillar of the Community
United States
3207 Posts
 Posted 08/12/2022  8:37 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
you need a 5x or 10x loupe to be able to discern the differences, in a typical new roll I'll find MS62 to MS65 examples
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LazerPig's Avatar
United States
88 Posts
 Posted 08/12/2022  8:41 pm  Show Profile   Bookmark this reply Add LazerPig to your friends list Get a Link to this Reply
Ok Nick, now you're talking. That would be something I haven't tried yet. I have a 10x bino mic that I'll have to blow the dust off here and go searching.
Edited by LazerPig
08/12/2022 8:44 pm
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silviosi's Avatar
Canada
6244 Posts
 Posted 08/12/2022  11:13 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
@Lazer: Personally I will be happy to see someone to find 68 in rolls. Also 67 is almost impossible. You discuss about mass production and here it is the point. In many years of search for, in the case of quarters, because I studies them and I wrote a book for, my best find was a 66 in a bag, from 1.6 mill of coins years confounded.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 08/12/2022  11:59 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
With Australian coins, from bank wrapped rolls of freshly minted, newly issued for circulation,
I have never seen any coin above about MS-63.
They all suffer from 'bag' marks, (some severe), as they drop onto a pile on top of each other, as they are ejected from the coining press.

Collector uncirculated coins are individually extracted from the coining press. These coins can be above MS-65. Specimen coins in standard metals can be up to MS-70 (rarely).
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silviosi's Avatar
Canada
6244 Posts
 Posted 08/13/2022  12:57 am  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
The only exception at this moment it is Canada mint, and also there you has to have the first strike rolls.
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NY Islander's Avatar
United States
981 Posts
 Posted 08/13/2022  12:57 am  Show Profile   Bookmark this reply Add NY Islander to your friends list Get a Link to this Reply
Thanks for the insight @sel_69l.
"We are all flawed, some MD and some PMD."
NYI
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/13/2022  08:35 am  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
I would think the process of find high MS coins in rolls would be tedious because of the mechanical tribulations the coins go through getting into the rolls. Maybe better luck with mint bags...though I'm sure they get tossed about also. I guess that why people buy up mint sets for the few breakout coins. IMO.

KK
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datadragon's Avatar
United States
1648 Posts
 Posted 08/13/2022  3:05 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Ah, if you check the PCGS pricing guide , grades are mostly in MS65-66 for business strikes at top, with just a few at MS67. So to start you may not even need a MS68 or one may not exist yet. Note that we've had discussions and others as well that certain years simply have variable or poor quality in bags or rolls and for that specific year might make it much harder to find a top example. At other times MS61-65 show up. Recent 2020-2023 have had quality issues, and reminds me slightly of 1971-s ike uncirculated and proof dollar as mentioned in nov 21 numismatist. uncirculated were bagged in bulk and shipped to ny for packaging causing lower quality while proof did not have this issue. P+D circulated also had poor quality. You can do some minor research like checking the price guide to see whats at least out there before going on a quest for high grades on certain years at least.
Edited by datadragon
08/13/2022 3:11 pm
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