Are "chop-marked" coins considered "damaged?"

Monstavet

Will they be graded or body-bagged? Do they ever receive "MS-xx" grades....they are no longer Mint State, right....

Just curious!

airplanenut

The top grading services will bag it (PCGS and NGC) I don't know ANACS' net grading stance, and I think some companies like PCI and maybe ICG will just note on the holder that it is chopmarked.

Technically they aren't mint-state, but they can be uncirculated. Some people like the added historical value, so pay a premium for the chop marks. Others see them as damage and won't touch them with a ten foot pole... or eve twenty foot !

Jeremy

DDR

ANACS will note on the holder that the coin is chopmarked and net grade it.

shirohniichan

SEGS will grade them (not net grade them) and note the chopmarks on the insert.