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<p>[QUOTE=&quot;johnmilton, post: 19833524, member: 101855&quot;]Not really. Most of the Mint State coins we have today were saved by dealers and collectors. They plucked them from circulation before they got any wear and got them from a bank. The Philadelphia Mint also supplied coins to people over counter, I believe at face value for coins that were no Proofs.</p><p><br /></p><p>If you go back 100 years, coin collectors and dealers had two basic grades, circulated and Mint State. It took some time to establish the circulated grades we use today like Fine, VF and EF. There was no huge make for exceptional coins in MS-67 or 68. They might have been called “Gem Uncirculated” and brought a modest premium, but it’s only been over the last 50 years that people have go ga-ga with the prices paid for very high grade material.</p><p><br /></p><p>Therefore, out of saved population, a Gem coin would be unusual, but not impossible.[/QUOTE]</p><p><br /></p>

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