Definition of uncirculated

Discussion in 'Coin Chat' started by davidh, Aug 13, 2017.

  1. rmpsrpms

    rmpsrpms Lincoln Maniac

    A fingerprint on a coin does not turn it from Mint State to AU.
     
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  3. Beefer518

    Beefer518 Well-Known Member

    But a president's fingerprint will turn it into a proof! (couldn't resist) :D
     
  4. Michael K

    Michael K Well-Known Member

    Instead of killing his son, Abraham just circulated him.
     
  5. 19Lyds

    19Lyds Member of the United States of Confusion

    This one was pulled right from the cash drawer.
    Washington 2003-D 40058900 Missouri PCGS MS67.jpg
     
  6. SuperDave

    SuperDave Free the Cartwheels!

    And that's the point. It's all subjective. Doesn't matter if the coin has physically changed hands in the process of commerce, only that someone charged with evaluating it judges that it shows no signs of having done so. We lose sight of the fact that a new coin can be physically handled - often, in many cases - before any evidence of such handling becomes apparent.

    My apologies for staying on topic. :)
     
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  7. GDJMSP

    GDJMSP Numismatist Moderator

    THAT, and only that, is the definition of uncirculated !
     
  8. ErolGarip

    ErolGarip Active Member

    I know it as I have been a lot in the industry with dirty guys. A coin in their hands quickly wears even in a short time.
    On the other hand, for ex, gals are so kind to the coins, with soft touchs, that a coin does not wear even in a long time in their hands of gals. So, I pass "wear" criteria for uncirculated.

    Even if he takes his word back, I still stay with his definition of "SuperDave", "... if a coin is in your pocket, you know it is circulated..."

    Pocket is the most important thing in the definition of "circulation" of "money" in a "community."
    I wrote these three words in " " as these are keywords in definition of circulated/uncirculated.

    Circulation: an action.
    Money (coin in particular): item we are talking about, that relates the individuals to each others.
    Community: a group of people such as a community in a country is the domain where action is questioned.

    So, probably you found it like a joke when I mentioned "presidents", but, if "representive" of a "community" is a president, as also included as a criteria by numismatists as head of "governmental authority" about the coin, looking at the president only if he has a coin in his pocket or not is sufficient. Of course, we ourselves will not look into their pockets of presidents, but, they have hands, don't they..

    So, what is the position of "pocket" in all these? Pocket is about individuality, which is also about all individiuals which make them a community. Also, lets not forget that final destionation of a coin is the pocket... Only then, you have the right, on the coin, for action (here, circulation.) If a president does not have a 1cent (or, other coin in their domain), s/he does not have a right to talk about it, as it is not her/his. (until we see s/he has...)
     
    Last edited: Aug 14, 2017
  9. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Jeepers...I wonder what goes through Erol's mind when he is eating toast in the morning.
     
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  10. SchwaVB57

    SchwaVB57 Well-Known Member

    When coins are sent for grading to PCGS, NGC, or the other companies, they grade the coin by supposed standards based on the experts experience. They have no idea if the coin was in your pocket, it came from a mint roll, or sat in a jar on the dresser for 100 years.
    Technically, if it came from your pocket you know it was circulated; YES! However, the industry and collectors want the best available coin for their collection. So a coin from circulation can be a Gem Uncirculated or Good, depending on the condition at the time that it is graded per hobby tradition.
    If only coins from mint sets or purchased directly from the government's mints are uncirculated, the whole coin collecting hobby will be turned inside out and a lot of tradition will be reversed; because once the coin left the mint in bags or rolls to banks or businesses it is technically circulated.
     
  11. Beefer518

    Beefer518 Well-Known Member

    I'm telling, you, Rod Serling is narrating this thread as we read it....:wacky:
    (@SchwaVB57 , that's not directed at you or @CoinCorgi )
     
  12. SchwaVB57

    SchwaVB57 Well-Known Member

    My guess is do Presidents carry or use
    1 cent coins!
     
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  13. SchwaVB57

    SchwaVB57 Well-Known Member

    Has Ed wood created another user name?
     
  14. Truble

    Truble Well-Known Member

    I have never read stranger ramblings from someone trying to define Uncirculated. The mention of presidents may violate the no politics rule, but then that would make things all the more bat *$!# crazy!
     
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  15. atcarroll

    atcarroll Well-Known Member

    I wonder if he's using google translate from another language, and it's getting butchered, or if that's really what he's thinking?
     
  16. ErolGarip

    ErolGarip Active Member

    Back here as an immediate response was needed to this
    My mention "presidents" is no politics at all. (politics is somethings else and all politicans do not have 1cent coin.)

    You can take "presidents" in my posts as they are related to (as heads of) "governmental authorities" which is also used in their definitions by numismatists. Are they doing politics by mentioning "governmental authorities"? And, "governmental authorities" is a flue term. I just added the term "presidents" to make it a concrete term.

    @SchwaVB57:
    You are just taking a segment of a cycle, that does not show the whole picture of coin cycle process which starts with some ownless dust form particles (say copper metal) under your feet, under the ground and, through a process, by labor, it turns into a shape (in the mint), again by labor and it travels into the community, again by labor, and finally, its final destion is pockets of individuals and only then, each individual has the right to say a word or two on a coin. Like it is said "if you do not have money, your words is worthless", if you have a coin, you can now talk. By the way, yes, you are right on "1cent", that's what is in my mind. But, hey, I didn't hide it (see the thread "coin with numerals" I opened.)

    CoinCorgi, it is not morning here, day is over here in this part of the earth. Enjoy your toast.
     
  17. eddiespin

    eddiespin Fast Eddie

    You poor little thing. You've been collecting coins for how long, and you still don't know?

    Put this phrase in your vocabulary: "term of art." Commit this definition of it to your memory: "a word or phrase that has a precise, specialized meaning within a particular field or profession." Understand this. The terms "Circulated" and "Uncirculated" are terms of art in the numismatic field used to describe what every collector in their right mind wants to know about their coins, that being, "What state of preservation are the coins in?" "Circulated" means the coins are in a state of preservation showing wear, while "Uncirculated" means the coins are in a state of preservation showing no wear. These terms of art do not describe whether the coins were ever in a cash register at McDonald's. They do not describe that because no collector in their right mind cares about that.
     
    Last edited: Aug 14, 2017
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  18. Santinidollar

    Santinidollar Supporter! Supporter

    He lost me when he cleared his throat.
     
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  19. Truble

    Truble Well-Known Member

    Er
     
  20. ErolGarip

    ErolGarip Active Member

    He? Erol? If so, I am sure he (Erol) did not have anything in his throat, which was already clear.
    (Maybe, just that, my words were not comprehensible enough, as "Kentucky" frequently said.)

    Topic here (or in my thread about "coin with/out numerals") is not "Erol". It is "coin", particularly especially, "1cent". If you do not have it, you too are not much different than presidents of the World where NONE of them has "1cent" (or, its other forms such as 1penny, 1kurus, 1agora, 1kopic, etc) in their pockets. While the reality is so, while it does not exist in their pockets of most important persons, representing all, how can we talk about "circulation" of 1cent which is the most important coin (at least, in USA, and also in EU as their coin name is same, cent.)

    I don't mind gaining or losing you and do not mind gaining or losing me, just mind "1cent" coin...
     
  21. Truble

    Truble Well-Known Member

    My comments were what some would call sarcasm. Because,My bundle of words thrown together for people of flowers that have flowers but no longer need flowers is the picture painted with blue crayons and silver paper. Finally resulting in uncirculated coins of small petals. But flowers of course can not carry coins even though they may have pockets but that in no ways means the coin would have transferred ownership for a person of flowers to an actually flowers. And when I say flower of course I mean 1Flower, 1Leaf, but not a specific flower such as a tulip or Iris. Some politicians in the early years worn flowers on their lapels during campaign, but to say they were flowers or had flowers in their pockets. If you do not have that you aren't much different than the people ( or 1Flowers) that don't have anything but the ability to grasp the wind.
     
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