Reply to Thread

Message:: [QUOTE="GSDykes, post: 3976653, member: 73321"]So, If I found a 1892 Comm. in circulation, it would be a circulating NCLT?? If  it is a circulating 1/2 dollar, that is the type coin it is!  Seems confusing, especially when so many "coins" are listed as NCLT, which can affect their valuations. When graded I see that they are graded as in the 1 - 70 system- MS. MS is for circulating coinage, and commemoratives, and medals? If non-MS (such as Fine, VG, et cetera) it would mean that they were abused or worn via circulation or exposure to the elements, yes? Also, when looking up 1/2 dollar US coins, the 1892 Columbian Ex. is not listed there, it is listed under Commemoratives, even 128 years later!In closing (?), a proof coin is and will always be a proof coin, as that is how it was originally physically minted. But a commemorative pretends to have a twin identity, it has a face value, and it is originally a comm.. It seems that the real value is not its face value, rather its melt value. Hence, I view most comm. with suspicion as far as being true money, whereas true NCLT coins are more "real" - i.e. they do not sit in the Commemorative category, and they can with greater ease slip into circulation as legal tender. Oh, no wonder my wife thinks my head is in the clouds.Gary in Washington[/QUOTE]