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<p>[QUOTE="Tim Sweet, post: 3541396, member: 103085"]As with all things I undertake, searching for knowledge is key (habits pick up from being a police offcier, USAF vet, computer programmer and a teacher) My new coin hobbie (actaully a revived hobbie from when I was kid and filled the blue folder with coins from the 50's) is no different as far as the need to seek out information. What is different is now there is access to the world via the internet and forums just like this one. With that comes a lot of information that someone believes and expresses as fact. Often times there is conflicting "definitions"/"anwsers" to the same question.</p><p><br /></p><p>I used 'PART 1' in the title so those that say "Oh not that guy again." can skip them head of time.</p><p><br /></p><p>First areas are Error coins vs Damage coins and Circulated vs Uncirculated. This will be asked by way of a scenarios/ statements to be refuted/corrected as necessary.</p><p><br /></p><p>1. Bank wrapped coins may or may not be uncirculated.</p><p>2. The Mint does not use generic wrappers for mint rolls.</p><p><br /></p><p>Scenario 1:</p><p>I purchased a bag of uncirculated coins directly from the US Mint. No middle man or ebay purchase. The coins in that bag are considered uncirculated, even if they look rough from living in the bag. It's not easy distingushing between coins that were damaged at the mint during the die process or just banged up living in the bag.</p><p><br /></p><p>The same is true for purchasing rolls of coins directly from the US Mint. How they are handled before and during the rolling process can damage them. That is considered just plain damage, regardless of the fact it occurred at the MINT.</p><p><br /></p><p>Given these conditions, it is nearly impossible to prove that a coin is uncirculated, unless it is damage free, scratch free, etc. So most of the coins purchased from the US Mint fall into these catagories, therefore claims of "uncirculated" is really only related to the condition and whether it is actually uncirculated.</p><p><br /></p><p>3. Damage is damage unless it occurs in the actually die stamping of the coin and in some instances damage to a planchet before stamping.</p><p><br /></p><p>OK that is enough for now. Thanks in advance to the 'brave ones' that tackle this post.</p><p>Tim[/QUOTE]</p><p><br /></p>
[QUOTE="Tim Sweet, post: 3541396, member: 103085"]As with all things I undertake, searching for knowledge is key (habits pick up from being a police offcier, USAF vet, computer programmer and a teacher) My new coin hobbie (actaully a revived hobbie from when I was kid and filled the blue folder with coins from the 50's) is no different as far as the need to seek out information. What is different is now there is access to the world via the internet and forums just like this one. With that comes a lot of information that someone believes and expresses as fact. Often times there is conflicting "definitions"/"anwsers" to the same question. I used 'PART 1' in the title so those that say "Oh not that guy again." can skip them head of time. First areas are Error coins vs Damage coins and Circulated vs Uncirculated. This will be asked by way of a scenarios/ statements to be refuted/corrected as necessary. 1. Bank wrapped coins may or may not be uncirculated. 2. The Mint does not use generic wrappers for mint rolls. Scenario 1: I purchased a bag of uncirculated coins directly from the US Mint. No middle man or ebay purchase. The coins in that bag are considered uncirculated, even if they look rough from living in the bag. It's not easy distingushing between coins that were damaged at the mint during the die process or just banged up living in the bag. The same is true for purchasing rolls of coins directly from the US Mint. How they are handled before and during the rolling process can damage them. That is considered just plain damage, regardless of the fact it occurred at the MINT. Given these conditions, it is nearly impossible to prove that a coin is uncirculated, unless it is damage free, scratch free, etc. So most of the coins purchased from the US Mint fall into these catagories, therefore claims of "uncirculated" is really only related to the condition and whether it is actually uncirculated. 3. Damage is damage unless it occurs in the actually die stamping of the coin and in some instances damage to a planchet before stamping. OK that is enough for now. Thanks in advance to the 'brave ones' that tackle this post. Tim[/QUOTE]
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