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How long does a coin circulate before reaching AU XF VF etc.
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<p>[QUOTE="GDJMSP, post: 3209073, member: 112"]In regard to the time issue, I've posted pics of this coin probably a 100 times because it serves as a good example in all kinds of discussions. </p><p><br /></p><p>[ATTACH=full]832722[/ATTACH] [ATTACH=full]832723[/ATTACH] </p><p><br /></p><p><br /></p><p>It took 7 years of daily use and rough treatment, 7 days a week, for that coin to reach that condition. And that coin had several predecessors, all a 1 oz AGE, that underwent the same treatment over various periods of time. And the wear pattern was always consistent time wise.</p><p><br /></p><p>Now some say but that's gold so it's different, but it isn't really. Coinage gold is quite similar to other metals when it comes to wear, it's no where near as soft as people think it is. It actually wears very well.</p><p><br /></p><p>But even if you think other metals are harder, it's still useful because it at least gives you an idea of how much time it takes for a coin to accumulate a certain degree of wear. But yeah you do have to extrapolate and infer some things.</p><p><br /></p><p>For example, as I said that coin underwent wear 7 days a week for 7 years - in my pocket with at least 4 quarters and a pocketknife. Now most coins don't experience that, most coins will have various periods, some short some long, where they just sit around someplace not being moved and experiencing additional wear. So that 7 years may easily double, or triple, for other coins. And if you consider that well it falls right in line the mint's estimate that an average coin last for about 25 years.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3209073, member: 112"]In regard to the time issue, I've posted pics of this coin probably a 100 times because it serves as a good example in all kinds of discussions. [ATTACH=full]832722[/ATTACH] [ATTACH=full]832723[/ATTACH] It took 7 years of daily use and rough treatment, 7 days a week, for that coin to reach that condition. And that coin had several predecessors, all a 1 oz AGE, that underwent the same treatment over various periods of time. And the wear pattern was always consistent time wise. Now some say but that's gold so it's different, but it isn't really. Coinage gold is quite similar to other metals when it comes to wear, it's no where near as soft as people think it is. It actually wears very well. But even if you think other metals are harder, it's still useful because it at least gives you an idea of how much time it takes for a coin to accumulate a certain degree of wear. But yeah you do have to extrapolate and infer some things. For example, as I said that coin underwent wear 7 days a week for 7 years - in my pocket with at least 4 quarters and a pocketknife. Now most coins don't experience that, most coins will have various periods, some short some long, where they just sit around someplace not being moved and experiencing additional wear. So that 7 years may easily double, or triple, for other coins. And if you consider that well it falls right in line the mint's estimate that an average coin last for about 25 years.[/QUOTE]
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How long does a coin circulate before reaching AU XF VF etc.
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