Question on Uncirculated coins...

When coins leave the US Mint to a Federal Reserve Bank and then distributed to local banks in their area, would this unopened sealed box from them (Federal Reserve Bank) be considered "uncirculated" when they arrive at the local bank?

 

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Yes

 

So damage done at the Federal Reserve Bank would be considered as an "uncirculated" damaged coin?

 

It would be post mint damage even if it's uncirculated.

 

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or just mint damage...rather then post mint.

 

Once the coins leave the mint, they are Post Mint Coins.

 

Once they leave the coin press they are post mint. For example if a coin somehow flies out of the press and hits the floor and it's all scratched that would be considered post mint damage.

 

I would speculate that ANY damage to a coin once it leaves the press is "post mint damage." It matters not if said damage happened 3 seconds after minting in the press room at the mint or in the garbage disposal in your sink.

It left the dies, it's post mint damage.

It happened IN the dies, it's an error.

That's the definition.

Z

 

Is it commonplace to have damage from the Federal Reserve Bank? The reason I ask ... I have about 25 or so cents from a box of 2020p cents that the word AMERICA is almost scrapped off. Maybe from their coin wrapping machine?

 

Can you post a picture?

 

Thank you...great answer...love the definition

 

Interesting, it might be damage and it might be from a grease filled die. If you can, let's see it.

 

I will... BUT... there is only low light to do it, so it may be blurry.

 

Here ya go...

 

Ya got me what caused it, but it wasn't during the minting process.

 

I disagree. It is still in the mint process and if they knowingly let it go it is a mint error. IMO

 

There has been a lot of discussion about this over the years. I think it was @Conder101 that pointed out that this should be called "Post Strike Damage" once it leaves the coining chamber.

 

Thank you, I was about to make the point again that that is why I prefer the term Post Strike Damage. Anything that happens to the coin after the dies separate is Post Strike Damage.

When people say Post Mint Damage they start then trying to divine whether or not the damage occured before or after it left the Mint, and that just isn't possible.

Also the M in PMD or Post Mint Damage is actually a shorting of the original word Minting. PMD originally meant Post Minting Damage. Minting, like Strike, implies an action. When people shortened it to Mint, it tends to imply a location not an action.

This is why I use PSD, Post Strike Damage. The meaning is clearer.

 

Dang, that is almost completely scraped off. That is damage, no matter where it occurred.