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Message:: [QUOTE="BUncirculated, post: 1543551, member: 29581"]Paul, try and keep up with me here. If a coin has any signs of wear, regardless of the cause, it is a circulated coin. If coin comes from a bank bag, with signs of wear, it is circulated. Why is it circulated? Because no one, not even the Gods of the TPGs, can determine how the wear came to be present. It could have been any type of friction, which is the direct cause of wear on a coin. FYI, I know you're a Jefferson guru, but with Morgans, there many millions of dollars worth that did make it into circulation. If you haven't read it, Bower's book on Morgans, it tells of this. How those dollars that made it into circulation wound up in bank bags, stored in the vaults at the Mint, and eventually the overflow into the Fed, is by the public exchanging them at banks for paper dollars. But in the same post, Doug stated this, which you omitted:   That criteria he states, he mentioned in post #33 in the same thread: That was in reply to mike's post: Since we all know the inception of the TPGs was in the mid to late 80s, and the cut and paste I made from the PCGS's website from the article dated June 12, 1997, was a copy of the ANA's standards, which were before the TPGs inception, I don't see a collaborative effort between the two.[/QUOTE]