Cabinet Friction,stacking Or Wear

Some MS coins have slight friction wear in one spot from being in a cabinet drawer for viewing , others MS coins have very slight wear from being stacked and counted in banks , since these coins have never been in circulation , my question is should this affect the grade and to what extent , does it lower it to AU from MS , or just lower the MS grade .
rzage:thumb:

 

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I know in the CBH realm it doesn't seem to effect the grade, not even by the major tpg's.
Guy~

 

That's what kinda got me thinking about the other MS coins , was the article in Coin World stating how the banks routinely counted CBH and that this shouldn't be counted as actual circulation wear .
rzage

 

But you could use that same arguement , that coins sealed in mint bags after they reach the banks , that when the banks throw the bags around the hits they are getting should then be considered post mint damage and thus by extension wear .
rzage

 

It's post-mint damage, but that doesn't mean it's wear.

Here is a partial list of post-mint damage which isn't wear : scratches, holes, corrosion, nicks, cuts, gashes... and that's just the environmental stuff. Add to that intentional abuse such as harsh cleaning, altered surfaces, altered mint marks, altered dates, artificial toning...

Bagginess certainly lowers the value of a coin, but that doesn't mean it's wear i.e. circulated. There are plenty of baggy uncirculated coins with no wear.

 

I see roll spots alot, coins stored and jiggled in tubes, etc etc. No luster breaks, no " wear " but it has " wear ".

I am contradicting myself on purpose.

 

wear is wear, no matter how you stack it

 

I agree with you guys , :bow:I also think wear is wear , but after reading that article in Coin World where tpgs will excuse certain types of wear , I thought a thread on where to draw the line would be interesting , thanks for the opinions .:thumb:
rzage

 

Flame me if you want, but I'll call a " Rollie " mint state.
Uncirculated means exactly that. A coin may wear in the vault, but having never seen circulation, the answer is...............

Roll wear is what? Thats a toughie. Help me out here.

EDIT: How do you spell Roly, Rolly , Roolie, what ever, you get it right?

 

I have to agree with you on that, Doug. Regardless of whether or not is circulated, if it has wear, it has wear.
Guy~

 

While I tend to agree that wear is wear -- it all depends on who is doing the grading as to what effect it has.

 

I would have to agree that wear is wear no matter how it comes about, because the truth it is a little hard to say that this was caused by that, and that was caused by this.

If you want your coins to be MS?? you can think of a million reasons why it should be, but the truth is once the paper is off the press, the edges are easily ruffled.

The great majority of coins don't come with a certificate of custody since the time they were relieved or delivered into the world from the mint, and even if they did I wouldn't believe it.

I would tend to give more lenience to a coin that was produced in a manner that made it less desirable, than it's brother that rubbed up against a canvas bag or was bludgeoned by a 1000 of his cousins.

 

I tend to agree; many do.

Which do you prefer - a prime AU58 with just a hint of rub, or a beat-down baggie MS61 with ugly toning ?

Individual people vary, and individual coins vary. It's all case-by-case.

But there are a lot of AU58s with great eye appeal which sell for less than MS60s.

In both the Red Book and Greysheet, prices for AU coins are lower than low-end MS coins. To me, that's misleading.

 

I guess it depends on the coin. I really don't like the look of a circulated Morgan Dollar, and I really dont like the look of circulated gold coinage. However, Bust Halves kind of have an allure for me all the way down into the VF area.

I guess it is all depending upon ther person, and what they like.

Having said that... If you are buying material to resell, for the most part, I will go for the highest grade, because that is what other people want. If I think the coin is unnatractive I refuse to buy it, because I think other people will think the same thing.

I have bought some pretty beat up MS Morgans that had just the right amount of toning to make them "neat". If a coin is appealing someone will want it. I use the same philosophy when I buy stuff for myself. If I like it, I tend to think other people will like it as well. This usually leads me down the right track.

 

AHA!!!! That's what I've been looking for...

 

Bingo.