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“Circulation” wear from sitting in a non-PVC flip
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<p>[QUOTE="GDJMSP, post: 23191075, member: 112"]Pick up an ANA grading book guide, open it to where it list the grade descriptions and grading criteria for the MS grades for any coin you choose, and the very first thing it says at the very top of the list of grades is, and I quote - <i>"Absolutely no trace of wear"</i>. That is the definition of Mint State. And that applies to every MS grade there is from MS60 up to and including MS70. </p><p><br /></p><p>It doesn't say that wear has to be caused by the coin being in actual circulation, it doesn't say that wear caused by "this" is OK, or that wear caused by "that" is OK, or that wear caused by "something else" is OK - it says very clearly and definitively that there can be - absolutely no trace of wear !</p><p><br /></p><p>In other words, if the coin has any wear on it all, caused by anything, then that coin is not and cannot be Mint State !</p><p><br /></p><p>That is the standard that has applied since grading standards were first created and throughout their evolution. For everybody except the TPGs that is.</p><p><br /></p><p><br /></p><p><br /></p><p>On the PCGS website, this is what it says about Mint State - </p><p><br /></p><p><i>Mint State</i></p><p><i>The term corresponding to the numerical grades MS-60 through MS-70, used to denote a business strike coin that never has been in circulation. A Mint State coin can range from one that is covered with marks (MS-60) to a flawless example (MS-70).</i></p><p><br /></p><p><a href="https://www.pcgs.com/lingo/m" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/lingo/m" rel="nofollow">https://www.pcgs.com/lingo/m</a></p><p><br /></p><p>They specifically use that definition so that they can grade coins with wear on them as being MS. And in their own grading book guide, they specifically say - <i>a coin with wear on it can be graded as high as MS67.</i></p><p><i><br /></i></p><p><i></i>[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 23191075, member: 112"]Pick up an ANA grading book guide, open it to where it list the grade descriptions and grading criteria for the MS grades for any coin you choose, and the very first thing it says at the very top of the list of grades is, and I quote - [I]"Absolutely no trace of wear"[/I]. That is the definition of Mint State. And that applies to every MS grade there is from MS60 up to and including MS70. It doesn't say that wear has to be caused by the coin being in actual circulation, it doesn't say that wear caused by "this" is OK, or that wear caused by "that" is OK, or that wear caused by "something else" is OK - it says very clearly and definitively that there can be - absolutely no trace of wear ! In other words, if the coin has any wear on it all, caused by anything, then that coin is not and cannot be Mint State ! That is the standard that has applied since grading standards were first created and throughout their evolution. For everybody except the TPGs that is. On the PCGS website, this is what it says about Mint State - [I]Mint State The term corresponding to the numerical grades MS-60 through MS-70, used to denote a business strike coin that never has been in circulation. A Mint State coin can range from one that is covered with marks (MS-60) to a flawless example (MS-70).[/I] [URL]https://www.pcgs.com/lingo/m[/URL] They specifically use that definition so that they can grade coins with wear on them as being MS. And in their own grading book guide, they specifically say - [I]a coin with wear on it can be graded as high as MS67. [/I][/QUOTE]
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