Difference between uncirculated and mint state? 1932 Panama

Discussion in 'World Coins' started by Ditto, May 30, 2017.

  1. Pickin and Grinin

    Pickin and Grinin Well-Known Member

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  3. Co1ns

    Co1ns Active Member

    Heed your own advice and google 'uncirculated'. Cheers.
     
  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    So, literal. That's not how this Hobby works, google UNC.
     
  5. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Hey, @Ditto- are you confused yet? LOL

    Don't worry- if you aren't, we'll keep working at it. ;)
     
    Co1ns likes this.
  6. Ditto

    Ditto Member

  7. Numismat

    Numismat World coin enthusiast

    Yes. Hence the entire point being discussed here. An uncirculated coin is one that is in a mint state of preservation, MS60 or higher.
     
    eddiespin likes this.
  8. Co1ns

    Co1ns Active Member

    Which is only one of the three definitions? Trying to reason with blocks of stone here.
     
  9. Numismat

    Numismat World coin enthusiast

    I mean, it literally says an uncirculated coin is defined as being mint state, as per the ANA definition you yourself quoted. I don't know what else there is to talk about.
     
  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I have five words for ya,
    Wa Wa Wa Wa Waaaah.
    And some folks think that a bright white silver coin wasn't dipped, or cleaned too.
    MS= is the preservation of a coin since it was struck. Yes, this is the same as uncirculated.
     
  11. Co1ns

    Co1ns Active Member

    It literally says that is one of three meanings. You have both selectively quoted me and modified the quote.

    The Royal Australian Mint refers to this as an uncirculated coin, what logical conclusions can you draw from this statement?

    A) the coin is not intended for general circulation
    B) the coin has a premimum 'uncirculated' finish
    C) the coin has not entered circulation
    D) if ordered, the coin will very likely arrive in Mint State
    E) All of the above
     
  12. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Not, with todays grading standards.
    Any ways, if you want to get literal?
    Do you think that the only coins uncirculated?
    Are proof examples?
     
  13. Numismat

    Numismat World coin enthusiast

    Yea, you're really drifting off into the margins dude.
     
  14. SuperDave

    SuperDave Free the Cartwheels!

    The logical conclusion I draw is they've no clue of what "Uncirculated" means. Only "C" meets the definition of "Uncirculated," because Uncirculated means the coin hasn't circulated. This is not rocket science.

    Either A), B) or D) above stop meeting the definition of "Uncirculated" if the coin circulates. That's not rocket science either. Take one of those three, wear it down to Very Fine, and tell me it's Uncirculated....
     
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