Morning, Column upper support ring design is crooked and markings on right side between initials and first two windows I can't make out and need help identifying. Thanks everyone.
The vast majority of new, Uncirculated, coinage does not come in mint packaging. That's a nice B.U. nickel with a few contact or bag marks. Still uncirculated, in my opinion, because it has no wear.
Would that mean that I have uncirculated examples that I found in circulation? They have no wear and have little to no dings
So, even if I found a coin in circulation it doesn't necessarily mean it's circulated? If that's the case what makes a coin AU versus UNC?
I guess I'll take those out of my coin jar (hoping they haven't been damaged in there) and put them in 2x2's
Oh... Thank you! I never knew that... I apologize to @potty dollar 1878... I guess I learned something new today
@DarkRage666 Think of it this way. You go to the store and pay cash. The clerk just opened a new rolls of coins and they hand you them. Yes it's been touched, maybe a ding or two. But it hasn't circulated as there is no wear showing on the coins surfaces. That's why the high spots are checked first.
"Uncirculated" is just a term of art meaning absence of wear. The important thing to understand is, once you hit that MS threshold, which of course is 60, you're grading differently because you're no longer grading on wear. At 60 and up luster and marks are the two main criteria you're grading on. In other words, it's not a continuum, but rather an entirely different ballgame. That's to say, the next grade up after 58 isn't necessarily 60, unless it grades that way based on luster and marks. That's why we see when a 58 on re-evaluation is determined to really have no wear (it's a softball strike, e.g., that was confused for wear), it goes right to 64. More collectors than you'd think have trouble with this, that's why I mention it...