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Mint Sets In...mint Sets Out. Argh.

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 Posted 05/30/2014  1:00 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Mint sets are NOT simple business strikes. They are handled differently and struck better. Higher pressures and I thnk twice but could be wrong there. Mnt sets are supposed to be the highest levelof quality for the business strike type coins. Graded MS 69 and 70 coins almost always come from mint sets, NOT unc business strike coins. I doubt you could pull many 68s from those let alone 69 or 70.
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 Posted 06/01/2014  12:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Mint sets are NOT simple business strikes. They are handled differently and struck better. Higher pressures and I thnk twice but could be wrong there.
As far as I know, you are correct except the last part; only proofs get the second strike.

Also, I think that along with the higher pressure, the minting speed is slower, allowing more time for the metal to flow.
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 Posted 06/01/2014  02:21 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
@jbuck - that's my understanding too. UNC sets get only one strike.
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 Posted 06/01/2014  11:52 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
OK, thats what it is, the strike is longer, not the warp speed slam strike of business strike coins.
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 Posted 06/02/2014  1:43 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Yes. Details aside, the important thing is that they are different.
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 Posted 06/03/2014  11:05 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Details aside, the important thing is that they are different.

Yet can't be consistently identified and separated from regular business strikes because they AREN'T that different.
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 Posted 06/03/2014  1:09 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Conder, if you mean after some circulation, no you can not. If you mean straight from the packaging, I would disagree. The difference in the quality and sharpness of strike is usually rather obvious. Granted, I have not handled thousands of coins, but what I have dealt with it is fairly obvious.
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 Posted 06/03/2014  2:36 pm  Show Profile   Bookmark this reply Add cladking to your friends list

Quote:
Conder, if you mean after some circulation, no you can not. If you mean straight from the packaging, I would disagree. The difference in the quality and sharpness of strike is usually rather obvious. Granted, I have not handled thousands of coins, but what I have dealt with it is fairly obvious.


Technically there's no real difference between mint set coins and those made for circulation and this is why the mint misleading told people these coins were identical for more than 30 years. Mint set coins are struck under higher pressure by new dies on special presses etc, etc but there is no fundamental diofference because even regular coins can receive the same amount of detail from just as new of dies.

There is a tremendous difference in average quality and this difference is greatest if strike is a primary concern to the grader. But you can rarely tell with any certainty whether a coin came from a mint set or was regular issue.
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 Posted 06/03/2014  3:06 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
And that is my point. There is a tremendous quality difference between regular circulation strikes coins and mint set coins. And usually you can see that difference. That's why MS 69 and 70 S come from mint sets mainly. I would lay money it is 99% of the time.
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 Posted 06/03/2014  6:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Yet can't be consistently identified and separated from regular business strikes because they AREN'T that different.
I can accept that. I cannot tell MS-69 from MS-70, so it would be arrogant of me to say I could (consistently, if even at all) tell a mint set coin from a normal business strike coin.
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 Posted 06/03/2014  7:53 pm  Show Profile   Bookmark this reply Add cladking to your friends list
There really aren't any MS-70 business strike (mint set or otherwise) moderns. MS-69's are exceedingly rare except in cents. Even MS-68's are not very common. In some denominations and dates the top end tends to be MS-67. Eisenhower dollars tend to top out in 67 but a few dates are still 66 I believe.

Yes, the bulk of these coins do come from mint sets but don't forget there are numerous moderns that don't exist at all in mint sets. Also most varieties don't appear in mint sets. While top end coins tend to come from mint sets this is not a hard and fast rule. Many moderns are scarce in rolls because they weren't saved. A 1969 quarter roll, for instance, is rare. While mint set coins are normally well struck some of the coins are notorious for problems such as '80-D half dollars are scraped about 99.5% of the time. '68 pennies are usually corroded (99.9%).

The Ikes are among the worst mint set coins. There were a few Ike rolls and bags saved and quite a few of the high end coins come from this source.

Mint sets are not the end all be all of modern collecting for many reasons.
Time don't fly, it bounds and leaps.
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 Posted 06/03/2014  10:25 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Exceptions can be found for everything. But on the whole, even by your own admittance, are from Mint sets. And I was making a point by saying MS 69 and 70. I realize the 70 grade is virtually non existent. I should have said the top end graded coins. That aside, the point remains.

Had I a 69 quarter roll, I would again lay money that if I had 40 69 mint sets to pull quarters from, there would be more of the mint set coins grading out higher. And that laid side by side, the majority of them would be identifiable as one or the other.
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 Posted 06/04/2014  5:52 pm  Show Profile   Bookmark this reply Add cladking to your friends list
If you had a hundred rolls of 1969 quarters and one roll of mint set 1969 quarters the best ten coins would be from mint sets. 39 or 40 of the best strikes would be from mint sets depending on luck of the draw.

I'm certainly not disagreeing with you but merely pointing out that usually you can positively identify a coin as either being from a mint set or regular issue. In practice you can usually tell with fairly good regularity but once they're out of the mint set you can't really be sure most of the time.

Finding Gems in mint sets is like shooting fish in a barrel. Finding them in rolls can be almost impossible and is always difficult.
Time don't fly, it bounds and leaps.
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 Posted 06/05/2014  11:29 pm  Show Profile   Bookmark this reply Add junior e to your friends list
The problem that I find is that the mint takes forever to refund Your money.. We send them the money in 30 seconds, and I've waited up to 65 days to get my money back. It's almost like they're punishing us for wanting decent coins.
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 Posted 06/09/2014  12:37 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
I have never wanted a refund, simply replacements. But they refund the money when they receive the returns then turn around and re charge for the new items going out (absolutely stupid way of doing it IMO) and that goes right on in.

I got my replacements yesterday, and while there were still some coins that made me growl, much better on the whole. I went ahead and cut open one set for the Danscos and the other went into the storage box.

Now to straighten out the mess with the returned silver proof sets. *sigh*
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