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<p>[QUOTE=&quot;GDJMSP, post: 965459, member: 112&quot;]No, not just US collectors either. I too gave up collecting US coinage and collected only world coinage for several years - before stopping collecting completely. Point is though, world coinage is graded as well. And not just in the US but in Europe, Asia etc etc. Coins are graded. And in every case Unc is considered to be better than circ. </p><p><br /></p><p>Now don&#039;t get me wrong. There are exceptions to every rule. It doesn&#039;t matter what the coin is, it can be a 1546 Real D&#039;or in AU and it can be a nicer coin than some MS examples. But those are the exceptions, not the rule. And Uncs are generally considered to be worth more money because of scarcity. In most situations when there are fewer of something then those of the smaller number are worth more. And you can use the AU64 coin as a perfect example of this. For it will be much nicer and thus more desirable and more costly than other AU58 coins that are not as nice.</p><p><br /></p><p>I really don&#039;t see any way to argue with that.</p><p><br /></p><p><br /></p><p><br /></p><p>I guess that depends on how you define superior. Sure, many collectors actually prefer circulated coins over Unc coins. They think they look better, they think have more history, stories to tell etc etc. There&#039;s nothing wrong with that. But neither is there anything wrong with a collector liking Uncs better than circs. Each person has his own reasons for liking what they like and that is as it should be. It doesn&#039;t make one right and the other wrong. It just means people have different taste - a chocolate and vanilla thing.</p><p><br /></p><p>Now value, value is something that should only be decided by the market. And if the market decides that Uncs are worth more than circs then that is how it should be. Likewise, if there are cases when a particular circ coin looks nicer, has more appeal than some Uncs, then that circ coin will bring more money in the marketplace than some Uncs - and THAT is how it should be as well.</p><p><br /></p><p>You and I are on the same page in many ways. But to say that grading is not needed or has no place in the hobby - that I will never agree with. Grading will always have a place in the hobby. But I heartily agree that the system needs fixing for what we have now is just plain wrong.[/QUOTE]</p><p><br /></p>

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