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Can A Circulated Coin Be Graded MS

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North of 49's Avatar
Canada
617 Posts
 Posted 09/18/2009  8:29 pm Show Profile   Bookmark this topic Add North of 49 to your friends list Get a Link to this Message Number of Subscribers
I seem to remember reading somewhere that a circulated coin could not be graded MS, that AU is the highest it could be graded. Is this true?
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yotie's Avatar
United States
3077 Posts
 Posted 09/18/2009  9:14 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
all depends on how you define cirulate
Bedrock of the Community
SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 09/18/2009  9:23 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
I would think, a grading company would grade a coin as it seems fit ,if it's VF or whatever I would think as long as you want to pay for grading, they would grade your coin.
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xshift's Avatar
United States
2669 Posts
 Posted 09/18/2009  10:07 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
North of 49, circulation/wear on a coin automatically takes a coin out of MS range.

If a coin has been circulated it is no longer mint state (i.e., how it came from the mint, "just struck", etc), therefore will not (and cannot) be graded MS. AU is "almost" or "about" uncirculated, and that's the closest the coin should get.
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xshift's Avatar
United States
2669 Posts
 Posted 09/18/2009  10:10 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
The above being said, if a coin has dipped into circulation extremely briefly then it may not have proof of any wear, which could still qualify it for MS in a grading company's eyes. It all depends on the amount of wear seen by the grader under the magnifier.
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North of 49's Avatar
Canada
617 Posts
 Posted 09/20/2009  7:43 pm  Show Profile   Bookmark this reply Add North of 49 to your friends list Get a Link to this Reply
thanks everyone for your help , and xshift, your comments make sense and verify what I had read about grading coins.
I was concerned that I might be over-grading my coins
thanks for clearing this up.
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