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<p>[QUOTE=&quot;Jaelus, post: 3514057, member: 46237&quot;]I think you&#039;re missing my point, which admittedly is largely a thought exercise, but follow what I&#039;m saying here:</p><p><br /></p><p>Take a coin that leaves the mint as MS70. For this particular coin, MS70 <i>is mint state.</i> The coin then enters circulation and acquires hits and hairlines, reducing the coin to MS63, however, the coin has acquired <i><b>no wear</b></i>. My point is, this coin has to be by definition <i>not mint state</i>. It is not in the state it left the mint! It is circulated, and has acquired detrimental surface conditions from circulation resulting in a poorer state of preservation. Yet we call this coin both uncirculated and mint state, neither of which are true, which is why <i>both</i> terms are meaningless unless you&#039;re talking about a sealed mint product.[/QUOTE]</p><p><br /></p>

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