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Distinguishing Between "Condition" and "Grade."
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<p>[QUOTE="GDJMSP, post: 3294016, member: 112"]Let's try approaching this from a different angle - <a href="https://www.pcgs.com/lingo" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/lingo" rel="nofollow">https://www.pcgs.com/lingo</a></p><p><br /></p><p>- using the definitions listed by PCGS. This is their definition for "uncirculated".</p><p><br /></p><p><i>Uncirculated</i></p><p><i>Term to indicate a coin or numismatic item that has never been in circulation, a coin without wear. See “Brilliant Uncirculated,” “Mint State,” and “new.”</i></p><p><br /></p><p>This is their definition for "circulated".</p><p><br /></p><p><i>circulated</i></p><p><i>A term applied to a coin that has wear, ranging from slight rubbing to heavy wear.</i></p><p><i><br /></i></p><p>Now I don't about you, but it seems to me that based on the PCGS definitions your comment - "Uncircluated coins can have wear/friction just as circulated coins can have no wear/friction." - is the one that is completely untrue ! And my comments are completely true. Even your precious PCGS disagrees with you.</p><p><br /></p><p>Now your comments regarding Mint State, let's talk about that for a minute. On that count, I agree with what you said, that by my definitions, my grading, a Mint State coin can have no wear. So I guess the question would be, do you agree with that ? Based on what you said above, that uncirculated coins can have wear, I'd have to say you disagree with it.</p><p><br /></p><p>And lo and behold, on this point PCGS does agree with you. This is their definition for 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>It's no accident that PCGS uses that definition for the term mint state, no accident all. To the contrary, it is quite by design for it is that definition that allows PCGS to grade coins as high as MS67 even though the coin absolutely has wear on it ! Because they can "claim", stress claim, that the coin was never in actual circulation, that it received that wear from something besides circulation like roll friction, album friction, cabinet friction, etc etc - so that wear doesn't count. And please note, that no place in that definition is the word "wear" ever used. That is also by design.</p><p><br /></p><p>And to further that point, if one looks at the definitions for any and all of the MS grades found on those PCGS pages, the word "wear" is never mentioned or used in any of them.</p><p><br /></p><p>[ATTACH=full]871474[/ATTACH]</p><p><br /></p><p><br /></p><p>[ATTACH=full]871476[/ATTACH]</p><p><br /></p><p><br /></p><p>It's all quite convenient isn't it. Well, at least it is for PCGS and those like you who agree with them that even though a coin has obvious wear on it that coin can still be graded as MS. Of course it flies straight in the face of their own definitions for circulated and uncirculated - but then to them, and you, MS and uncirculated are obviously not the same thing.</p><p><br /></p><p>This is why you quibble and disagree over what the definitions of circulated and uncirculated are. Because doing so is the only that allows you to agree with the MS grades they assign to coins that have wear on them, obvious wear. And don't deny it because in your own words you state flat out that uncirculated coins can have wear on them.</p><p><br /></p><p>But if ya look it up in any book on numismatics, even on the very pages of PCGS, it tells you, without exception, that an uncirculated coin can have no wear, none, period, end of story.</p><p><br /></p><p>But I'm sure you'll find some way to argue and dispute even that.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3294016, member: 112"]Let's try approaching this from a different angle - [url]https://www.pcgs.com/lingo[/url] - using the definitions listed by PCGS. This is their definition for "uncirculated". [I]Uncirculated Term to indicate a coin or numismatic item that has never been in circulation, a coin without wear. See “Brilliant Uncirculated,” “Mint State,” and “new.”[/I] This is their definition for "circulated". [I]circulated A term applied to a coin that has wear, ranging from slight rubbing to heavy wear. [/I] Now I don't about you, but it seems to me that based on the PCGS definitions your comment - "Uncircluated coins can have wear/friction just as circulated coins can have no wear/friction." - is the one that is completely untrue ! And my comments are completely true. Even your precious PCGS disagrees with you. Now your comments regarding Mint State, let's talk about that for a minute. On that count, I agree with what you said, that by my definitions, my grading, a Mint State coin can have no wear. So I guess the question would be, do you agree with that ? Based on what you said above, that uncirculated coins can have wear, I'd have to say you disagree with it. And lo and behold, on this point PCGS does agree with you. This is their definition for 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] It's no accident that PCGS uses that definition for the term mint state, no accident all. To the contrary, it is quite by design for it is that definition that allows PCGS to grade coins as high as MS67 even though the coin absolutely has wear on it ! Because they can "claim", stress claim, that the coin was never in actual circulation, that it received that wear from something besides circulation like roll friction, album friction, cabinet friction, etc etc - so that wear doesn't count. And please note, that no place in that definition is the word "wear" ever used. That is also by design. And to further that point, if one looks at the definitions for any and all of the MS grades found on those PCGS pages, the word "wear" is never mentioned or used in any of them. [ATTACH=full]871474[/ATTACH] [ATTACH=full]871476[/ATTACH] It's all quite convenient isn't it. Well, at least it is for PCGS and those like you who agree with them that even though a coin has obvious wear on it that coin can still be graded as MS. Of course it flies straight in the face of their own definitions for circulated and uncirculated - but then to them, and you, MS and uncirculated are obviously not the same thing. This is why you quibble and disagree over what the definitions of circulated and uncirculated are. Because doing so is the only that allows you to agree with the MS grades they assign to coins that have wear on them, obvious wear. And don't deny it because in your own words you state flat out that uncirculated coins can have wear on them. But if ya look it up in any book on numismatics, even on the very pages of PCGS, it tells you, without exception, that an uncirculated coin can have no wear, none, period, end of story. But I'm sure you'll find some way to argue and dispute even that.[/QUOTE]
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