This question applies to all coins, not just a nickel

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BillyBob
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Re: This question applies to all coins, not just a nickel

#11 Unread post by BillyBob »

Paul wrote: Wed Mar 17, 2021 5:51 pm I would recommend reading up on this issue, as it can be confusing to the newer and immediate collector.

Most of these "Extension Acronyms" are reserved only for the high MS values. A good example here is "Gem".
This is what I needed to see. I do remember a time when grades were Unc, BU, and Gem BU. Now, there are 19 or 20 mint state grades. If one counted the circulated grades, which I think have MS numbers, then there are probably 30 something.

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Earle42
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Re: This question applies to all coins, not just a nickel

#12 Unread post by Earle42 »

Yes, I was looking for tech improvements as an answer. The second half of your reply answers another question and I'm grateful. So, theorectically, if I had access to 1000 mint sets of a given year and mintmark, say the 1971D, I would have just as good a chance to find an error as I would going through 1000 circulation released Kennedy halves. The chance in 1000 coins might be 0.01%, but it is better than nil.
Yes. Your 1 thousand mint sets would just be regular coins made for circulation that the mint randomly put into plastic to sell for a profit. There is no special selection process to pick which coins go to the banks and which go into mint sets.
Fact Check the grading Companies:
Fact checking grading company shortcomings on NO FG halves:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

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