Interesting Find From Circulation

Wal Mart was good for a 1938 XF Lincoln today! The obverse has all the XF wear but the reverse has strong AU wheat detail. A keeper!

 

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If this is a problem, buy more gloves. Some of the online supply stores sell them ten for $10.

 

Or wash them.

 

Indeed. What I do with unc. coins is I try to avoid touching them at all as much as possible for one and then if I must I try and use my shirt very quickly.

 

Welcome to the forum Darwin.

I think you are confusing "marks" with "signs of wear". Actually they are two different things.

An MS state coin can, and in grades up to 65 or 66 usually does, have "nicks and dings", commonly known as "bag marks." They come from the jostling against each other which happens with bagged coins, and in the rolling machinery. They absolutely don't mean the coin is circulated, and usually don't cause breaks in the original luster.

Rub marks, from handling, clinking against each other in a pocket or purse, or even from the plastic slides in some of the Whitman and other albums, do break luster, and drop the rubbed coin from mint state to circulated status. Since "uncirculated" and "circulated" are conditions, they aren't always linked to actual use in commerce - the usual definition of "circulation".

If you can't detect a difference in the appearance of a coin that has changed hands a time or two from one that hasn't, they are both "uncirculated" or "mint state". If sloppy handling by a collector gives a coin the appearance of one that has been changing hands regularly in commerce, it will be graded AU or below.

 

Got a '47 nickel in change today at WalMart. Nothing exciting out of the soda fund change can this week.

Tony

 

I scored some good stuff today and it is so good I gotta make a new thread to brag about it.

 

Great information. Thank you. I took a look at the coin again and, considering your explanation, I'd have to say the luster is still very good and doesn't show handling wear, just a lot of marks as you described. Thanks for educating me. I appreciate it.

Darwin

 

FINALLY got my first 2005 nickel in change today. Now I don't have to resist the urge to open my mint rolls

 

Well,you'd better wear some latex rubber gloves when you are handling good coins,as the rubber will protect the coins from the sweat coming out of your fingers.

Aidan.

 

Went out to Brunch with the inlaws this morning. As we were cashing out my father-in-law asked me if my wife had passed along the California D quarter he had saved for me. I said that I had and asked if he had seen any of the new Nickels. Thats when the cashier asked what we were "looking for". I explained and she said she had not seen any buffalo nickels yet but.......I have these. She pulled 2 Sacky dollars from the drawer, and said....I don't like these but this one looks differant. I took a quick look and asked if I could buy it from her. She said O.K. and now I'm the happy owner of a 2002 S proof Sacky dollar.

 

Very nice find indeed. Perplexes me though as to why people would break open these expensive proof sets and spend the coins!!

 

Wheat cents

Today at my mother-in-laws, I asked to see her previous husband's coin collection (she was widowed). She brought out what she had. There were a number of coins mostly dating from the 60's but there were a number of pennies and nickels dating from the 40's and 50's. As I was about half way through, she asked if I wanted to look through her bucket of coins she'd been saving for the last several years. I jumped at the chance. I felt that her former husband's coin collection was off-limits but her bucket of coins was fair game. I found 1 each of a 1939, 1940 D and 1945 D pennies. I took home a few Susan B. Anthony and Sacajawea dollars, a Kennedy half, and a few other older nickels. It was a fun day.

 

I received a 1939 plain Jefferson nickel in change today. Too bad the "D" wasn't there!

 

That is quite interesting to read GDJMSP. I wish I could get a bunch of rolls from the bank from someone who had been accumulating for a good 20 or 30 years again. There would be alot of older unc. clad coins and the like.

 

Went to the bank for 50 cent rolls to search boudgt 10 rolls,when I got home to look all 200 coins were 1976 bicentenial halves most in au.

 

u people r gonna make me spend like 10 grand at the bank now, jeeze

 

I got 4 2005 Nickel unc D rolls from my bank. hehe $2.00 a roll.

 

Hmmm...do you guys know if this buffalo nickel will be made all year or will there be a second type design later on?