Closely Uncirculated? WTF?
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14 posts in this topic

47 minutes ago, JT2 said:

No such of a thing it either is or isnt

Of course there is such a thing. A coin can easily be both - not uncirculated, yet almost uncirculated.(with very slight wear). 

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2 minutes ago, MarkFeld said:

A coin can easily be both - not uncirculated, yet almost uncirculated.(with very slight wear).

It is either UNC or Circulated cant be both  AU = Circulated MS = Uncirculated

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12 minutes ago, JT2 said:

It is either UNC or Circulated cant be both  AU = Circulated MS = Uncirculated

Yes, AU is circulated - however, that's not the same thing as saying there's no such thing as close to uncirculated or almost uncirculated. Almost uncirculated is a grade that corresponds to a a degree of circulation, just as XF, VF and other circulated grades are.

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2 minutes ago, DougMo said:

Pretty lame...

yes it is and anyone trying to pass it off as such.... used car salesman talk.................playing symantecs .........

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This kind of deceptive description pops up about every 25 years - kind of like locust. Unethical sellers use "closely uncirculated," "virtually uncirculated," "looks uncirculated," and other slippery language to plant the idea that a coin or medal is uncirculated with slight exceptions. Avoidance of  widely accepted terminology makes it easy to claim buyers misunderstood when the inevitable complaints of over grading occur. Coins described this way invariably turn out to be EF or very low-end AU. (Based on personal experience.)

PS: If the buyer can examine the coin in person, then the label "grade" is useless anyway.

Edited by RWB
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1 hour ago, RWB said:

This kind of deceptive description pops up about every 25 years - kind of like locust. Unethical sellers use "closely uncirculated," "virtually uncirculated," "looks uncirculated," and other slippery language to plant the idea that a coin or medal is uncirculated with slight exceptions. Avoidance of  widely accepted terminology makes it easy to claim buyers misunderstood when the inevitable complaints of over grading occur. Coins described this way invariably turn out to be EF or very low-end AU. (Based on personal experience.)

Whenever I see these terms thrown about, I am reminded that very few countries use “AU” in their grading systems at all. Most go straight from XF to Unc. Either a coin is “stempelglanz” or it isn’t, right? :roflmao:

Edited by VKurtB
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On 2/3/2021 at 11:04 AM, VKurtB said:

Whenever I see these terms thrown about, I am reminded that very few countries use “AU” in their grading systems at all. Most go straight from XF to Unc. Either a coin is “stempelglanz” or it isn’t, right? :roflmao:

"Formerly" stempelglan can't be too far behind.  Sheesh.

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On 2/2/2021 at 8:36 AM, MarkFeld said:

Of course there is such a thing. A coin can easily be both - not uncirculated, yet almost uncirculated.(with very slight wear). 

Kind of like pleading guilty -- with an explanation.

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5 hours ago, Quintus Arrius said:

Kind of like pleading guilty -- with an explanation.

You ARE aware that there are three categories of homicide - felonious, excusable, and praiseworthy. lol

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