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Uncirculated Grading 65-70?

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montana's Avatar
United States
26 Posts
 Posted 05/08/2010  2:06 pm Show Profile   Bookmark this topic Add montana to your friends list Get a Link to this Message Number of Subscribers
I am new to coins collecting and would like a little help with understanding grades 60-65 and 65-70. I read that for instance a Morgan dollar could have been at the bottom of an uncirculated bag therefor receiving many scratches and "dings".

What about modern day commemoratives? are they typically packaged in singles quickly, avoiding most scratches? i.e. ms68 or up?

I have a 1982 silver washington commemorative coin and I wonder what the most likely grading for it would be. It is, like most I'm sure, in the original box, and inside the original plastic wrapping.

Thanks in advance!
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GR58's Avatar
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11951 Posts
 Posted 05/08/2010  9:14 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
They made two different Washington Commemorative coins in 1982. Proof and Uncirculated.
If I remember right the proof came in a dark red box, and the coin was in a hard plastic holder.
The uncirculated coin came in a a blue box and the coin was in the soft plastic wrapper.

To give you a grade, we would have to see pictures of the coin.

Most times you can buy either of these coins for $10.00 or less
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GR58's Avatar
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11951 Posts
 Posted 05/09/2010  12:15 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Sorry Montana

I think I read that wrong, and did not give you the answer you were looking for.

I am not sure how they process modern commemorative coins, but I am sure they are take care of better then Morgan dollars were. Morgan dollars were in the dollars bags and moved around with no care taken for the coins. The bags would be thrown into piles in the treasury and bank vaults. Over and over again, many times when counting for inventory purposes. The coins would rub together and the sharp reeded edges would gouge into each other.

The 1982 Washington half dollars are considered the start of the modern commemorative coin program, I sort of think it is the 1975/1976 bicentennial coins but they always listed in the guides under their denomination and not under commemorative coins.

In my experience the quality of the early modern commemorative coins are not as good as the newer coins, so I am sure they have improved the process. With the 1982 Washington, 1983 and 1984 Olympics and 1986 Statue of Liberty coins, I would say it would be more common to find mid-grade coins like MS/PR 64 to MS/PR 65, then finding them in MS/PR 66+. For newer commemorative coins I think it is much more common to find upper grades like MS/PR 68+.

This again is just my opinion. I am sure they are others on this site they are more familiar with population reports from TPG's that might break it down differently or more detailed.
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