One of the things that confused me when I was first starting out is that I thought a coin from circulation couldn't be "uncirculated" so even my nicest coins got an AU grade at best by me unless they were in an uncirculated or proof set. Only later did I realize uncirculated coins can have some minor wear on them and still be uncirculated. Of course the price range between MS-60 and MS-70 can be greater than G-4 to AU-55, so all uncirculated coins are not created equal!


















