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<p>[QUOTE="susanlynn9, post: 27468, member: 1258"]I could be wrong, but I don't think you're going to get a definitive answer to this one. Personally, I believe in the literal term of circulated which means if a coin is used in even one transaction, it is circulated even if there is no wear. When describing in terms of Mint State however, the coin could pass through one or more transactions and still be considered Mint State if there is no damage or visible wear. I think this is why the grading went to a numbering system. In my opinion, you could theoretically have a brilliant MS64 coin that is not technically uncirculated if it was received in change or in some way that indicates that it was used for at least one transaction. I am curious to see what the others have to say on this topic, because it seems that this is like so many other areas of numismatics and is predominately subjective.[/QUOTE]</p><p><br /></p>
[QUOTE="susanlynn9, post: 27468, member: 1258"]I could be wrong, but I don't think you're going to get a definitive answer to this one. Personally, I believe in the literal term of circulated which means if a coin is used in even one transaction, it is circulated even if there is no wear. When describing in terms of Mint State however, the coin could pass through one or more transactions and still be considered Mint State if there is no damage or visible wear. I think this is why the grading went to a numbering system. In my opinion, you could theoretically have a brilliant MS64 coin that is not technically uncirculated if it was received in change or in some way that indicates that it was used for at least one transaction. I am curious to see what the others have to say on this topic, because it seems that this is like so many other areas of numismatics and is predominately subjective.[/QUOTE]
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