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Charlton Catalog: Quarters: C Vs NC

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United States
62 Posts
 Posted 09/17/2010  6:35 pm Show Profile   Bookmark this topic Add mbird to your friends list Get a Link to this Message Number of Subscribers
I see in the Charlton Standard Catalog that there are two types of MS grades: C (circulating) and NC (non-circulating) (see page 152 of the 2011 65th ed.).

The prices can differ quiet a lot for an MS65 C vs. MS65 NC (see 1992 Quarters on page 157).

When I look on any online dealers or at shows they never distinguish C vs. NC -- they just say MS65 -- so how would you know what you were getting and what you already had?

Also... are C and NC both business strikes -- they only difference being that the mint culled off some NC and put them in special sets or packages (see p. 152)?

Thank you!
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canadian_coins's Avatar
United States
2408 Posts
 Posted 09/17/2010  10:03 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

Quote:
When I look on any online dealers or at shows they never distinguish C vs. NC -- they just say MS65 -- so how would you know what you were getting and what you already had?


In the same Charlton catalog you can find in the Foreword:

"We have a problem in that a collector who wishes mint state business strikes for their collection cannot distinguish mint state uncirculated coins from those removed from packaged sets used by the Mint."

There is no easy answer, unless you can inspect the coin.
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1cent's Avatar
Canada
1051 Posts
 Posted 09/17/2010  10:41 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
MS is a business strike. A coin from a set will be either NBU, UNC, or PL. The only time a coin from a
set will be called "MS" is when ICCS certifies a "NBU", which calls the coin MS in the usual grade area,
but notes "numismatic BU" in the comments section.


Quote:
are C and NC both business strikes?

No, except that sometimes an NC is actually a C packaged as an NC, which has happened in some cases. The
reality is that nobody, including ICCS, could tell the difference, and submitters of cherry-picked coins
were receiving ultra high MS(C) grades. The question at that point becomes: is it a (C) because of it's
physical attributes, or because of the nature of it's origin?

Crystal clear now, right? It is what it is, but an eloquent state of affairs it is not.
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