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<p>[QUOTE="Conder101, post: 142512, member: 66"]Why are there 11 grades of MS on coins? Say you have coins from mint sets they never circulated. Why do we need multiple grades on those? Did someone intentioally scratch them? Actually I agree with you I don't see much need for more than one maybe two grades o the waffled coins. But it wasn't that long ago we only had two grades of uncirculated too. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>The mint sells reject coins to the metal reyclers as scrap. The problem was that during shipping the coins were sitill legal coins, so the mint had to provide arned guards and a security convoy to get them to the recycler lest they be stolen. and they had to stay with the oins until they were melted down. After they got the waffler they could run the coins through it to cancel them so they could not be used. Then they could be shipped as scrap metal with no guards needed and the mint no longer cared what the recycler did with them once they were delivered. Well one enterprising promoter purchased a bunch of the waffled scrap from the recyler. If you could find the recyler you could do the same yourself. You just might have to take several tons at a time. They used to do dies the same way. One of the mijor error dealers has said that he has SEVERAL 55 gall drums of dies from the scrapper in his storage area.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 142512, member: 66"]Why are there 11 grades of MS on coins? Say you have coins from mint sets they never circulated. Why do we need multiple grades on those? Did someone intentioally scratch them? Actually I agree with you I don't see much need for more than one maybe two grades o the waffled coins. But it wasn't that long ago we only had two grades of uncirculated too. :) The mint sells reject coins to the metal reyclers as scrap. The problem was that during shipping the coins were sitill legal coins, so the mint had to provide arned guards and a security convoy to get them to the recycler lest they be stolen. and they had to stay with the oins until they were melted down. After they got the waffler they could run the coins through it to cancel them so they could not be used. Then they could be shipped as scrap metal with no guards needed and the mint no longer cared what the recycler did with them once they were delivered. Well one enterprising promoter purchased a bunch of the waffled scrap from the recyler. If you could find the recyler you could do the same yourself. You just might have to take several tons at a time. They used to do dies the same way. One of the mijor error dealers has said that he has SEVERAL 55 gall drums of dies from the scrapper in his storage area.[/QUOTE]
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