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Increasing Mint Set Quality - Are They Still Business Strikes?

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cladking's Avatar
United States
2270 Posts
 Posted 03/02/2026  09:44 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
Other than the satin years and special mint set years are the grading companies able to distinguish? It seems there is some distinction with PCGS blue label vs. specialty labels like 'First Strike'


It's easy to tell random mint set coins from random BU coins but it's much trickier with individual coins because mint set coins can be bad and BU roll coins can be great. I'm quite confident that about 4 or 5% of mint set coins I can get right about every time and most BU roll coins are obviously BU roll coins. The problem is with Gem BU roll coins that are well made by good dies. These can be exceedingly difficult to tell and easily confused with mint set coins.

There are several different appearances of moderns that really catch my eye like one of the first ten coins off a brand new die are stunningly beautiful to me. Another one I like is a BU roll Gem that is obviously not a mint set coin because the luster is wrong. Mint set coins are made with brilliant luster and then they can tone from here but coins without it are from BU rolls and quite scarce. These coins often have other little tells like slightly weaker strikes or older dies.

It's quite unusual you can tell for "certain" that a coin is mint set but give me a big handful of random coins and I'll get most of them right for most dates. Give me a handful of Gems and I'll have a lot of trouble.
Time don't fly, it bounds and leaps.
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cladking's Avatar
United States
2270 Posts
 Posted 03/02/2026  10:13 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

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I am a business strike collector and I am at a crossroads...
Are the new mint sets and future sets leaning toward NIFC and not true business strikes?


Who knows?

But this is largely a philosophical question and can be addressed from my perspective.

Industrial operations have standards at every stage of production. While no standards are universally upheld it is possible for any specific product to come out of a factory perfect after having every single step held to that standard. No matter how rare a perfect example of a standard issue coin becomes it is possible for one to exist. So mint set coins held to ever higher standards could always, at least in theory, be made by presses used to strike business strikes so long as the production parameters and dies remain the same.

This is why I set a few Gem non satin finish states coins even though I was selling by that time. BU roll coins can be quite scarce in Gem.

The last 60 years have been tumultuous times despite the vast advances made by the human race. I think it's important people remember the good things about these times and I hope my Gems help them to remember all the good things as well as the mayhem and destruction. Life is for the living but memory is what persists. It's just common sense the best should survive while everything else falls by the wayside.

Time don't fly, it bounds and leaps.
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jbuck's Avatar
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 Posted 03/02/2026  10:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I am getting reluctant to call them business strikes. Clearly the process has improved dramatically over the last couple years.
As I said in my first reply to this topic and cladking mentioned in his, the process is different. Mint set coins are not made the same way as circulating business strikes. They use different presses, fresher dies, are struck with higher pressure and lower speed, and are (allegedly) given a little more care post-strike than the circulating coins.

You are totally justified in being reluctant to call them the same thing.
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jbuck's Avatar
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 Posted 03/02/2026  10:54 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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But this is largely a philosophical question...
It would be so much easier to answer if they had not abandoned the satin finish.
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cladking's Avatar
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 Posted 03/03/2026  3:06 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

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It would be so much easier to answer if they had not abandoned the satin finish.


Modern coin collecting is certainly going to be complex philosophically going forward with on again off again W mint marks, satin finish, S mint marks, silver 40% + 90%, series, and the poor orphaned regular issue Washington crossing the Delaware quarter.

Who's going to remember all this and the one offs like no mint marks, wrong metal, and muled reverses?
Time don't fly, it bounds and leaps.
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jbuck's Avatar
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 Posted 03/03/2026  3:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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and the poor orphaned regular issue Washington crossing the Delaware quarter.
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Vector Ze's Avatar
United States
450 Posts
 Posted 03/03/2026  5:03 pm  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply
captainkurt wrote:
Quote:
The hobby will keep you young and sharp! I have been stockpiling rolls, mint sets, and collections, for decades in preparation for a quiet retirement. I have visions of a custom coin desk set up with a very big magnifying lens!

I'm 80% set up with that coin 'desk'. Actually, it's a repurposed dinning room table. Serves the purpose.
It's about 63x38", with a swing-arm clamp magnifier, swing-arm clamp digital microscope hooked to a 27" monitor, a clamp mount articulated camera mount, and a desktop computer. Ain't retirement fun? Gotta keep occupied somehow!
Between the coins and the computer, I spend entirely too much time at that 'desk'. My senior kitty is sometimes vocal in his objections, making sure I don't ignore him too much.
It's spring, and I'll soon be engaged in some gardening, which will get me away for a bit more exercise.
I haven't yet completed a task that will probably take the rest of 2026 at the rate I'm going, entering my entire collection in a spreadsheet. I'm at 3,800 entries and counting. I've had some of those coins for nearly 60 years. I figure if I croak unexpectedly, my sister should have some clue as to what all that stuff is. Pity she doesn't show much interest.
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captainkurt's Avatar
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1406 Posts
 Posted 03/04/2026  01:23 am  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply

Quote:
Yet I was surprised at the inconsistent quality of the coins in the sets.


I have sat for hours at my local coin shop searching mint sets and rarely find even one coin in a set that makes it worth buying. Even when sets were still under $10. I still have so many quarters, halves and dollars that need upgrading. Great to hear from you College!

Cladking, you are the primary reason I started looking deeply into my moderns and an avid study of business strike quality. I love your stats and long ago you imparted onto me how rare some moderns are in even chBU.
Quote:
This ranges from as low as .2%..... to 8%........ I usually figure the old sets run about 2% Gem.
I think now more than ever with the surging silver prices collectors will finally begin turning to moderns to fulfill their coin hobby desires.

Jbuck, you are the rock of this forum and always keep the threads rollin'

Vector, Thank you for pivoting my research on this thread toward 'brilliant finish' as those key words launched me in the direction I needed. Ultimately, this lead to finding the pop reports at PCGS for the women's quarters in MS67/68 which prove that there has been a significant shift in quality. This will save me hundreds of $$$ in the next few years in direct purchases from the mint. I believe the secondary markets will easily fulfill my desires for my sets at much cheaper prices. Finding the quality 'business strikes' I am looking for isn't going to be as difficult as it has been for the 70's - 2011.

I will still collect my BU rolls whenever I can find them at decent prices or free from the bank. I have seen coins like what cladking is talking about here...
Quote:
Another one I like is a BU roll Gem that is obviously not a mint set coin because the luster is wrong.
When one pops out of a roll...it's magic, but oh so very rare.

The philosophical question still remains from this thread regarding the mint's product lines. I will ponder it and continue to seek advice. I will also keep the search alive for those 'true' business strike beauty's.

Vector, set another chair out at your table! We go work to do.
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jbuck's Avatar
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 Posted 03/04/2026  09:31 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Jbuck, you are the rock of this forum and always keep the threads rollin'
Thank you.


Quote:
I will also keep the search alive for those 'true' business strike beauty's.
Someone needs to!
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cladking's Avatar
United States
2270 Posts
 Posted 03/04/2026  12:20 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
One of the things I've done since 1965 is to look and see how many nice attractive coins there are in each roll. I make the assumption that it's some distant point in the future w3hen the coins are all degraded and worn and then just count the number of nice attractive coins any collectors might desire for a set. In 1970 this number was about 25 and those nice coins were mostly beautiful XF's and AU's . By 1980 It was down to about 20 and the earlier coins were down to F. By 2000 I had redefined the parameters to include quarters only before 1982, and it was down to 10 and some coins were down to VG.

It went south fast from here. In 2010 there were only 5 nice quarters before 1982 per roll and I had to include grades and conditions I'd have called "dogs" in 1970. It was no longer possible to find many of the key dates at all unless you had a much larger sample size. Now days you're lucky to get two in a roll and these will be common date and mostly in only F condition.

The other coins are gone. You might find an XF but assembling a complete set a complete set of nice looking quarters in better than F is probably impossible.
Time don't fly, it bounds and leaps.
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