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<p>[QUOTE="GDJMSP, post: 3620286, member: 112"]Yes. Not even all that uncommon.</p><p><br /></p><p><br /></p><p><br /></p><p>One has to understand a few things. First of all, the GSA coins were not all uncirculated to begin with. Ya see, the coins didn't all come from bags that had sat in the mint vaults undistributed for years and years. Many of those bags were bags that had been returned to the mint by the banks - after they were distributed and in circulation for a while. And the bags contained both uncirculated and circulated coins that had been gathered up by the banks and put in a bag. Then returned to the mint because they simply didn't want them.</p><p><br /></p><p>But even that wasn't enough. When the coins were checked, packaged and readied for sale to the public in the GSA sales, the people who did the actual checking had no idea at all of how to tell a circ coin from an unc coin. In other words they had no expertise whatsoever. So many circ coins were placed in unc holders, and many unc coins were placed in circ holders - then they were sold as such.</p><p><br /></p><p>Now anyone who collects these coins should know all this - before they ever buy any ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3620286, member: 112"]Yes. Not even all that uncommon. One has to understand a few things. First of all, the GSA coins were not all uncirculated to begin with. Ya see, the coins didn't all come from bags that had sat in the mint vaults undistributed for years and years. Many of those bags were bags that had been returned to the mint by the banks - after they were distributed and in circulation for a while. And the bags contained both uncirculated and circulated coins that had been gathered up by the banks and put in a bag. Then returned to the mint because they simply didn't want them. But even that wasn't enough. When the coins were checked, packaged and readied for sale to the public in the GSA sales, the people who did the actual checking had no idea at all of how to tell a circ coin from an unc coin. In other words they had no expertise whatsoever. So many circ coins were placed in unc holders, and many unc coins were placed in circ holders - then they were sold as such. Now anyone who collects these coins should know all this - before they ever buy any ![/QUOTE]
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