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<p>[QUOTE=&quot;John Anthony, post: 1904715, member: 42773&quot;]I don&#039;t mind the use of modern grading terminology <i>per se</i>. If you define circulation to mean the passing of a coin through hands for commerce, etc., then it&#039;s clear that many of the coins we collect are AU, and as with all grades, some coins are more choice than others due to various factors. In the end, the grade still only represents one person&#039;s opinion.</p><p><br /></p><p>However, it is difficult to call ancient coins uncirculated when they&#039;ve been buried in a pot for two thousand years and likely cleaned with a dremel tool and chemical baths. Can you have an uncirculated yet cleaned coin? Some modern collectors say yes, others no.</p><p><br /></p><p>I think the strike and surface designations NGC uses are more useful.[/QUOTE]</p><p><br /></p>

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