Message:

<p>[QUOTE=&quot;Lehigh96, post: 1934796, member: 15309&quot;]Mint bags are sealed.&nbsp; If the seal is unbroken, it is safe to assume that the coin has spent its entire existence in that bag.&nbsp; You are one of very few people I know who believes that &quot;wear is wear&quot; regardless of where it happens to occur.&nbsp; And all of the others who subscribe to that philosophy are members of this forum who you have indoctrinated with your special brand of lunacy.&nbsp; Virtually everyone else in the numismatic community believes that a coin that has never seen circulation should be considered a mint state coin.&nbsp; And since every St Gaudens shows high point friction, by default, everyone else believes that those St Gaudens which show high point friction but have never circulated are in fact MINT STATE coins.&nbsp; Now this is the point of the debate in which you typically attack my experience, but in case you don&#039;t remember, both Leadfoot &amp; Kirkuleez both publicly agreed with the PCGS statement that all St Gaudens show some level of high point friction.&nbsp; I bring this to light since you respect their opinions and experience.</p><p><br /></p><p>The US government did nationalize gold and recall all gold coins, and virtually all of the sealed bags of St Gaudens in US banks were turned into the government.&nbsp; But many of the coins that were sent to European banks remained in sealed bags and they account for the large majority of mint state Saints that exist today.&nbsp; The number of sealed bags that ended up in foreign banks was huge and they would not have circulated in a foreign country so why would the bags be opened?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in