coin collector case
Uncirculated Coins
These are coin collector case that were never placed in circulation among the general public to be used in commerce. This grade of coin has no wear or defects from handling Handling. Improperly storage of coins in this condition can result in wear on the surface of the coin. Even if the wear is very minor, it will cause the coin to no longer grade uncirculated.
When coins are produced at the mint they are placed in large canvas bags for transport. During transport and handling they receive small nicks and abrasion marks from bumping and rubbing up against each other. These marks are referred to as "bag marks" and they appear more noticeable on larger sized coin collector case, such as half dollars and dollars. Typical "bag marks" do not keep a coin from grading uncirculated. Light bag marks do not keep a coin from being considered uncirculated but they can the grade and value the uncirculated coin might receive.
An uncirculated coin can show tarnish, spotting, or discoloration and still remain in a uncirculated grade of condition. Never clean a tarnished coin, most methods of cleaning will cause wear on a coin that will lower its condition grade and value.
Current grading standards for uncirculated coins range from MS-60 to MS-70 with MS-70 being a perfect ideal condition grade.
Proof Coins
These coins are never placed in general circulation and are minted using highly polished dies. Coins are produced when a base piece of metal is struck between two engraved dies under heavy force. One die is engraved with a design for the front called the obverse of the coin. The other die is engraved with the back or reverse design of the coin.
Coins minted for everyday use are only struck once where proof coins are struck twice or sometimes more to create a highly detailed mirrored surface on the coin sometimes referred to as a cameo. Proof coins are graded much like uncirculated coins using PR 60 to PR70 with the PR 70 grade being extremely rare.
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Uncirculated Coins
These are coin collector case that were never placed in circulation among the general public to be used in commerce. This grade of coin has no wear or defects from handling Handling. Improperly storage of coins in this condition can result in wear on the surface of the coin. Even if the wear is very minor, it will cause the coin to no longer grade uncirculated.
When coins are produced at the mint they are placed in large canvas bags for transport. During transport and handling they receive small nicks and abrasion marks from bumping and rubbing up against each other. These marks are referred to as "bag marks" and they appear more noticeable on larger sized coin collector case, such as half dollars and dollars. Typical "bag marks" do not keep a coin from grading uncirculated. Light bag marks do not keep a coin from being considered uncirculated but they can the grade and value the uncirculated coin might receive.
An uncirculated coin can show tarnish, spotting, or discoloration and still remain in a uncirculated grade of condition. Never clean a tarnished coin, most methods of cleaning will cause wear on a coin that will lower its condition grade and value.
Current grading standards for uncirculated coins range from MS-60 to MS-70 with MS-70 being a perfect ideal condition grade.
Proof Coins
These coins are never placed in general circulation and are minted using highly polished dies. Coins are produced when a base piece of metal is struck between two engraved dies under heavy force. One die is engraved with a design for the front called the obverse of the coin. The other die is engraved with the back or reverse design of the coin.
Coins minted for everyday use are only struck once where proof coins are struck twice or sometimes more to create a highly detailed mirrored surface on the coin sometimes referred to as a cameo. Proof coins are graded much like uncirculated coins using PR 60 to PR70 with the PR 70 grade being extremely rare.
tag : coin collector case
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