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Trade dollars with chop marks-uncirculated?
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<p>[QUOTE="Detecto92, post: 1460299, member: 75105"]MS-58 is not a grade. Your thinking of AU-58. Mint state starts out at 60. </p><p><br /></p><p>Grading is about wear. If the coin is uncirculated, even if it was cut in half, beaten with a hammer, and painted, it's still an uncirculated coin. There has to be actual wear on the coin itself from circulation.</p><p><br /></p><p>Even if it's been "spent" a few times, as long as there isn't enough wear on the coin's details, it will still be a uncirculated coin. </p><p><br /></p><p>So in theory, if the trade dollar was taken out of a mint bag, used a couple times, and marked, as long as the details of the coin have not worn down enough, it's still an AU coin.</p><p><br /></p><p>NGC does not give a numerical grade to damaged coins. NGC considers chopmarks a form of damage, even though it's history. It will say "unc details".[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1460299, member: 75105"]MS-58 is not a grade. Your thinking of AU-58. Mint state starts out at 60. Grading is about wear. If the coin is uncirculated, even if it was cut in half, beaten with a hammer, and painted, it's still an uncirculated coin. There has to be actual wear on the coin itself from circulation. Even if it's been "spent" a few times, as long as there isn't enough wear on the coin's details, it will still be a uncirculated coin. So in theory, if the trade dollar was taken out of a mint bag, used a couple times, and marked, as long as the details of the coin have not worn down enough, it's still an AU coin. NGC does not give a numerical grade to damaged coins. NGC considers chopmarks a form of damage, even though it's history. It will say "unc details".[/QUOTE]
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