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<p>[QUOTE="GDJMSP, post: 3272224, member: 112"]Yes, the coins came from the mint's vaults. But just because they did doesn't mean the coins were all uncirculated. Ya see, it was common practice, still is to a lesser degree, for coins to be turned in to the banks in bulk, and then the banks would turn the coins back into the mint. The mint would then process the coins, bag them up, and out the bags back in the vault. With some circulated and some uncirculated coins in the same bag.</p><p><br /></p><p>The mint didn't care if the coins were circulated or not, that made absolutely no difference to them. All they cared about were that the coins were still suitable for use in circulation.</p><p><br /></p><p>Even today, when you buy a bag of Morgans, it is extremely common for that bag to be a mix of circ and unc coins. Sometimes they may even all be circ coins, or all unc coins.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3272224, member: 112"]Yes, the coins came from the mint's vaults. But just because they did doesn't mean the coins were all uncirculated. Ya see, it was common practice, still is to a lesser degree, for coins to be turned in to the banks in bulk, and then the banks would turn the coins back into the mint. The mint would then process the coins, bag them up, and out the bags back in the vault. With some circulated and some uncirculated coins in the same bag. The mint didn't care if the coins were circulated or not, that made absolutely no difference to them. All they cared about were that the coins were still suitable for use in circulation. Even today, when you buy a bag of Morgans, it is extremely common for that bag to be a mix of circ and unc coins. Sometimes they may even all be circ coins, or all unc coins.[/QUOTE]
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