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Satin Finish

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jbuck's Avatar
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 Posted 03/04/2015  09:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Your plan sounds reasonable, but I think you only need Mint Sets from 2005-2010. It is my understanding that those were the only years with the satin finish on the Mint Set coins.
True, but technically the mint set coins are not the same as the circulation coins. Regardless of finish, they are still struck with greater care (lower speed, more pressure) and are handled differently after minting.
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coinsearcher83's Avatar
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 Posted 03/04/2015  3:04 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply

Quote:
True, but technically the mint set coins are not the same as the circulation coins. Regardless of finish, they are still struck with greater care (lower speed, more pressure) and are handled differently after minting.


When did this start? I remember reading somewhere that Mint set coins were the same as those for circulation, but that could have changed since then.
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jbuck's Avatar
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 Posted 03/04/2015  3:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
From the US Mint website (look at the current year mint set under specifications)...

Quote:
United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image. The coins are sealed in a blister and displayed in a folder. One folder contains coins bearing the "P" mint mark and the other contains coins bearing the "D" mint mark.

According to Conder101, this has been the case since the late 1980's.
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coinsearcher83's Avatar
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 Posted 03/04/2015  3:26 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
Thanks!
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larsdog's Avatar
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593 Posts
 Posted 03/06/2015  11:00 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
True, but technically the mint set coins are not the same as the circulation coins. Regardless of finish, they are still struck with greater care (lower speed, more pressure) and are handled differently after minting.


Agreed, but are mint set coins not struck with the same dies, and on the same blanks, as circulation coins? And doesn't the "different handling" mean that they are not allowed to bang together after minting? Obviously they are packaged differently.

It seems to me that mint sets can produce in quantity what circulation strike rolls or bags can only produce on occasion - a true MS65+.

Obviously 2005-2010 are exceptions.
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jbuck's Avatar
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 Posted 03/08/2015  12:54 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
As I said, they are technically different, but how you value that difference is your choice. For what it is worth, I personally do not treat them different when filling my album holes. I prefer to get new coins from circulation, but there are more than a handful of mint set coins in my albums.
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GR58's Avatar
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 Posted 03/08/2015  07:40 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Just for fun ....

Any opinion on which Satin coins might be the best to
put away ....for future value.

Guess I am asking/saying ... are there any sleeper coins?
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NJ Bob's Avatar
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 Posted 03/08/2015  1:30 pm  Show Profile   Bookmark this reply Add NJ Bob to your friends list Get a Link to this Reply
If you count the 94 and 97 Jeffs as satin finish, then they would be the ones to have. Particularly the 97, which had a mintage of only 25,000.

Of the rest, I don't think there will be any real sleeper in the bunch.
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NJ Bob's Avatar
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 Posted 03/08/2015  1:32 pm  Show Profile   Bookmark this reply Add NJ Bob to your friends list Get a Link to this Reply
Aside from the satin finish coins, is there really anyway to tell a mint set coin from a well struck circulation coin?
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GR58's Avatar
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 Posted 03/08/2015  3:22 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Of course the 97, 94 Jeffersons and the 98 Kennedy are good coins
to pick up.


I like the 2009 mint sets.

Grey sheet list the value at a few dollars over face.

In the set are a nice set of territory quarters, I like quarters.

But there is the eight Lincoln Cent. The bonus is that those eight Lincoln's
are unique to the mint set, only place the mint released them.

Not only because they are satin finish, but also that they are old copper
style, instead of Z -Lincoln's.

Of course Red Book is high, but they put 2009 Lincoln Cent satin coins at $10.00 each.

My recommendation for the day .....pick up a couple 2009 mint sets, if you can get them at a good price.
Edited by GR58
03/08/2015 3:31 pm
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NJ Bob's Avatar
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 Posted 03/08/2015  3:38 pm  Show Profile   Bookmark this reply Add NJ Bob to your friends list Get a Link to this Reply
What do you think would be a good price?
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GR58's Avatar
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 Posted 03/08/2015  5:42 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I buy them at coin shops ...when they are in the $20.00 range.

I just checked ebay ...saw a couple go for $23 to $25.

There is $14.38 face value in each set. With the right dealer I have
bought these at less than $20.

Of course these will not be a short term flip.

I try to think in the very long term.

I can not think of another 2005 through 2010 satin coin that is a better value
than the 2009 Lincoln's.
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GR58's Avatar
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11951 Posts
 Posted 03/09/2015  10:20 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
To have access to a greysheet this morning.

Greysheet price on a 2009 mint set is buy $16.00 / ask $17.50.

I think this would be a good start point for this set.
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SA4H's Avatar
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2764 Posts
 Posted 03/09/2015  3:27 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I agree about the 2009 Mint Set.
I have enough of my share though (about 10 sets now) so I don't actively looking for them, but I will buy them if I encounter them though.
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Mister Kairu's Avatar
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1911 Posts
 Posted 06/02/2015  4:13 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
So I guess this thread will never die as I too googled it and read through all the comments. Now I know for sure that the unc. sets I have just acquired from 2005-2010 do have satin finished coins from P & D. Even with the special finish, would it be worth trying to send a few of these for grading? Some of the coins in the sets are real beauties I will have to post some pictures later tonight. I almost can't see any marks on some of them. I doubt they would ever get 70's because I am pessimistic :P but some of the coins on the PCGS price guide seem to get up there a bit in price with some 68s, 69s, and 70s.
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