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Message:: [QUOTE="GDJMSP, post: 2461628, member: 112"]He's saying that the definition of an uncirculated coin, an MS/Mint State coin, is not what it used to be. But it's not a recent change, it's a change that occurred long ago. It's just that most folks refused to believe that it had happened. But happen it did. For most of our lives the definition of an uncirculated coin has always been quite simple and straightforward - a coin that has no wear, a coin without wear. But 12 years ago that definition got thrown out the window. From that point on the fact that the coin had wear didn't have anything to do with the grade of the coin anymore. From that point on the definition of uncirculated didn't have anything to with wear anymore. From that point on the definition of uncirculated became - it's uncirculated because we (the TPGs) say so. Does the coin have wear on it ? Yeah, it's absolutely got wear on it, but we say that doesn't matter. We say the coin is still graded MS. And that, that right there, is what the market accepted. And who's the market ? All of you are the market. THAT'S market acceptability. They, all of you, bought into the idea that's it MS because we say so.[/QUOTE]