Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Uncirculated
>
Reply to Thread
Message:
<p>[QUOTE="Becky, post: 91971, member: 4423"]Uncirculated and circulated are mint states. Think of it this way....the mint strikes a coin, sends it to a company to be put into rolls, who send it to your bank, who give it to Walmart. You buy something at Walmart and get these in change. So the coin has been in circulation, but it is in uncirculated(mint state) condition. You also got a nickel from 1952 in change, it will be in circulated condition, (worn). </p><p><br /></p><p>A mint set or proof coin is a whole different story. These coins were made by the U. S. Mint for collectors only. They are put in special packaging to protect them. Sometimes people spend them and you can find them in circulation, but this is rare.</p><p><br /></p><p>A slab is a piece of plastic from a grading company(PCGS, NGC, ANACS). They encapsulate a coin and put their opinion of the grade of that coin in the slab. If this is done by a reputable company, it will guarantee that the coin you are buying is real, and that the grade (the amount of circulation)is correct. Unfortunately, there are many who try to cheat you by slabbing coins that aren't what they say they are.</p><p><br /></p><p>Now show and tell....</p><p><br /></p><p>This is an uncirculated MS64 slabbed coin...</p><p><br /></p><p><img src="http://img.photobucket.com/albums/v156/Becky7474/DSCN0547.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>This is a circulated raw coin.....</p><p><br /></p><p><img src="http://img.photobucket.com/albums/v156/Becky7474/scan.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Buy the Red Book, keep learning, ask lots of questions. Don't buy anything until you buy the book. And then enjoy!! This can be an enjoyable and wonderful hobby, but remember, it is a hobby. :smile[/QUOTE]</p><p><br /></p>
[QUOTE="Becky, post: 91971, member: 4423"]Uncirculated and circulated are mint states. Think of it this way....the mint strikes a coin, sends it to a company to be put into rolls, who send it to your bank, who give it to Walmart. You buy something at Walmart and get these in change. So the coin has been in circulation, but it is in uncirculated(mint state) condition. You also got a nickel from 1952 in change, it will be in circulated condition, (worn). A mint set or proof coin is a whole different story. These coins were made by the U. S. Mint for collectors only. They are put in special packaging to protect them. Sometimes people spend them and you can find them in circulation, but this is rare. A slab is a piece of plastic from a grading company(PCGS, NGC, ANACS). They encapsulate a coin and put their opinion of the grade of that coin in the slab. If this is done by a reputable company, it will guarantee that the coin you are buying is real, and that the grade (the amount of circulation)is correct. Unfortunately, there are many who try to cheat you by slabbing coins that aren't what they say they are. Now show and tell.... This is an uncirculated MS64 slabbed coin... [IMG]http://img.photobucket.com/albums/v156/Becky7474/DSCN0547.jpg[/IMG] This is a circulated raw coin..... [IMG]http://img.photobucket.com/albums/v156/Becky7474/scan.jpg[/IMG] Buy the Red Book, keep learning, ask lots of questions. Don't buy anything until you buy the book. And then enjoy!! This can be an enjoyable and wonderful hobby, but remember, it is a hobby. :smile[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Uncirculated
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...