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 Replies: 20 / Views: 3,232 |
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Pillar of the Community
United States
2150 Posts |
A lot of folks here on CCF might not be "in the know" when it comes to ultra moderns. I got it, but as I was reading the op's post I was thinking, a bunch of people are not gonna get this.
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Moderator
 United States
189767 Posts |
Maybe that is the point... to see who knows, who does not know, and start a conversation.  |
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Pillar of the Community
 United States
1208 Posts |
Yeah, my post was definately 'tongue in cheek'!  |
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Pillar of the Community
United States
1208 Posts |
I guess now I have to look at other 'price guides' and see
what they have for 2011 and 2012 satin finish values...
That would sure tell which guides are worth a darn.
Edited by ratio411
06/15/2012 6:02 pm
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Pillar of the Community
United States
1027 Posts |
The mint has not stopped striking special uncirculated coins, they only made some changes to make them less expensive to produce. They have not returned to the pre-2005 practice of putting circulation strikes in uncirculated sets. For this reason, even though the nomenclature is misleading, calling the coins "satin finish" just distinguishes them from circulation strikes and is acceptable to me. They are still a special coin, struck only for inclusion in special sets.
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Bedrock of the Community
13014 Posts |
Quote:
Seems like a few have missed the OP's point. Read a little closer, fellow numismatists. I had a feeling there were some coins that dont exist but in all honesty dont follow the satins at all so didnt know for sure |
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Pillar of the Community
United States
1208 Posts |
Quote:
The mint has not stopped striking special uncirculated coins, they only made some changes to make them less expensive to produce. They have not returned to the pre-2005 practice of putting circulation strikes in uncirculated sets. For this reason, even though the nomenclature is misleading, calling the coins "satin finish" just distinguishes them from circulation strikes and is acceptable to me. They are still a special coin, struck only for inclusion in special sets. Um.... Nope. They may have stripped the term "business strikes" from them, but they are nothing special, at all. The "Changes" they made to save money was to discontinue the satin finish. That is all that distinguished them from the business strikes... Therefore without satin finish, they are business strikes. Edited by ratio411
06/15/2012 11:16 pm
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Pillar of the Community
United States
4132 Posts |
According to the mint: Quote:
United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image. And they sell "circulating quality" products for certain coins, like the ATB Quarters. So "uncirculated" set coins are different than business strikes. Whether the numismatic community wants to make a special distinction isn't yet clear. There was a time when it was normal to have a proof as the Philadelphia representative in a set instead of a business strike (Louis Eliasberg's "complete" collection was this way in some cases). Edited by CaptainFwiffo
06/15/2012 11:47 pm
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Pillar of the Community
United States
1208 Posts |
Some of the crap that I have gotten from the mint, I see no need to make a special distinction. They are often lesser quality than some uncs that I get in change from fresh rolls. Certainly not 'satin', as they were discontinued in 2010. Apparently Coins Magazine didn't read the press release. |
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Bedrock of the Community
United States
17884 Posts |
when you are done laghing at Coins Magazine for listing prices for coins that don't exist go get you 2000 redbooks and have another laugh about the silver Sac dollars. |
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Pillar of the Community
United States
6326 Posts |
ACK ! ........  I have GOT to start paying attention when I read these posts ! ..... 
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Pillar of the Community
United States
2295 Posts |
I think it is just an editing error on the Coins Magazine for the 2011-12 satin coins. Email them and see what they say? |
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Moderator
United States
189767 Posts |
Quote:
So "uncirculated" set coins are different than business strikes. Whether the numismatic community wants to make a special distinction isn't yet clear. Actually, mist set coins were different long before the 2005 satin fiasco, since 1968 I believe. The difference being a greater striking force. |
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Pillar of the Community
United States
6326 Posts |
And the "difference" wasn't recognized THEN by most collectors, nor should it be now, in my opinion. If the best BU coin you can find just happens 2 come from a Mint set.... then so be it! ......  |
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Moderator
United States
189767 Posts |
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And the "difference" wasn't recognized THEN by most collectors, nor should it be now, in my opinion. I agree. The difference created by the satin finish was more intentional and noticeable. |
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Posted 06/15/2012 5:50 pm
