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<p>[QUOTE="BooksB4Coins, post: 2572000, member: 36230"]I realize that circulated/uncirculated can be confusing and were probably poor choices as descriptors, but as Doug said, it doesn't matter where a coin came from; all that matters is its condition. Yes, there are instances when we know a coin's history, but a great majority of the time we do not and is why judging it only on its present condition is so very important. You're certainly correct in that there are mint sets that contain coins that do not meet the definition of "uncirculated" even though they've never been in actual circulation. It's unfortunate, yes, but is a prime example of why each coin must be looked upon as the individual it is and judged accordingly.</p><p><br /></p><p>You absolutely can have a coin that, based upon its merits, grades into the MS range even though it was pulled from change or circulation, so no... you wouldn't be misrepresenting it in the given example. Again, being as we rarely can know a coin's true history (and even if we do, others do not and is why TPGs don't grade based upon customer claims) the only logical approach is to judge it based solely upon what the coin tells us and what we see, and is why a coin pulled from circulation can grade out as "uncirculated" and one that's never been in actual circulation can fall into the "circulated" category.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2572000, member: 36230"]I realize that circulated/uncirculated can be confusing and were probably poor choices as descriptors, but as Doug said, it doesn't matter where a coin came from; all that matters is its condition. Yes, there are instances when we know a coin's history, but a great majority of the time we do not and is why judging it only on its present condition is so very important. You're certainly correct in that there are mint sets that contain coins that do not meet the definition of "uncirculated" even though they've never been in actual circulation. It's unfortunate, yes, but is a prime example of why each coin must be looked upon as the individual it is and judged accordingly. You absolutely can have a coin that, based upon its merits, grades into the MS range even though it was pulled from change or circulation, so no... you wouldn't be misrepresenting it in the given example. Again, being as we rarely can know a coin's true history (and even if we do, others do not and is why TPGs don't grade based upon customer claims) the only logical approach is to judge it based solely upon what the coin tells us and what we see, and is why a coin pulled from circulation can grade out as "uncirculated" and one that's never been in actual circulation can fall into the "circulated" category.[/QUOTE]
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