Let's say I spend a coin, say a MS-70 1970 Kennedy half, carefully holding the coin by its edge, and the cashier immediately puts the coin aside on a soft surface and buys it. He then puts the half in a plastic holder before he even leaves the store. The coin is not damaged in any way. If it were sent to be graded again, it would still be an MS-70. Is it no longer considered uncirculated, even though it's still in perfect condition? Why or why not?
I think that this is why many people have abandoned the term "Uncirculated" for "Mint State". It is a more accurate assessment of a coin that is still in the same state as it left the Mint.
The term "uncirculated" is a term indicating the state of a coins "preservation" not whether or not it has actually been circulated or even spent.
If you had the choice between being with your wife or winning the lottery, Which new car would you buy ?
Aw, snap! you guys are gonna get me in trouble...making me laugh out loud, and the spouse comes in to "investigate" what I'm laughing at on the computer. Luckily I was able to click away to another post.
If you use Google Chrome, you can open CT in an incognito window so there's no trace of where you've been when you close it.
You are rating it as a 70 before sending it in to be graded? That is problem 1. Problem 2, you bought it. That is all by itself a circulation, so it is no longer uncirculated. Perhaps 'Once Uncirculated' is the most honest.
Understood. My highest 'at home' grade awarded by me is 45. Anything I think may deserve a higher value goes to the TPGs and I let them make the call. Avoids issues if I sell it.
I don't grade my own coins because quite frankly, I have no idea. I don't collect for profit, so it's not a big deal.
