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 Replies: 20 / Views: 4,979 |
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Valued Member
 United States
198 Posts |
Thanks Coop. So many mysterious techniques in the minting process it's hard to tell up from down. Is there a chance that maybe the "sms" 1964 coins are just well timed marketing on refinished dies of the 64's minted in '65? Just wondering because I've seen quite a few similarities and there's no REAL answer to the SMS question. Why are they not in the Coneca listings if they're so special and unique? You'd think one of each denomination would be attributed to 100% certainty...Your explanation makes absolute sense but I'm wondering if someone had a BU coin exactly like this one in the 90's and capitalized on it being unique. Probably a new thread in itself. I guess until I see one in person I'll hold off on calling bull
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Bedrock of the Community
United States
62064 Posts |
Finding one of those coins in circulation would be like looking for a certain shaped piece of sand on the beach. They would probably be easier to find in mint sets that someone saved and now are selling or they may have passed and family is getting rid of them. (to them they are just change) So being in the right place at the right time would probably be the only way to find these. A lot of new collectors will find a coin and instantly think they have found the holy grail. We see people sell coins like this on ebay and shake our head. Best to take the time to see what is out there and know what to look for. Then you will find something that is collectable. Grading coins: Sometimes when you see a coin listed as a certain grade on sites, you will have to consider this fact. Sellers who grade their coins grade them about two levels higher and buyers grade them two levels lower. So it is common to see an error when judgment is made on coins. The key is knowing what is being common to find and something that is very rare. You ever see an auction that the coin is totally incorrect the way it is listed? I usually check their other coins and often find stuff that they missed and are not selling off as a regular coin. Other times, they are just consistently wrong. LOL But that is what I do when searching for coins on ebay. |
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Valued Member
United States
198 Posts |
Im still thinking they're just refinished dies for the date freeze minting of the 1964's. Do you happen to have a close up of the devices like I showed on my nickel? I can't find one anywhere. The extremely heavy lines on the devices outer edges make me wonder. I know that's not normal. They're deeply struck and made different lines around the outsides than other 1964's. The nickel is pointed out by being "extremely well struck, but lacking detail in the lower cheek" by Heritage. What's that even mean? I can only assume the sharpness of Strike they refer to to be the sharpness of the perimeter of the devices if his cheek is no big deal? Same with Lincoln. "Extremely well struck".. But still can't make out his beard? That makes no sense...
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Bedrock of the Community
United States
62064 Posts |
Edited by coop
05/13/2016 2:48 pm
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Valued Member
United States
198 Posts |
Are they considered scratches then? Like the lettering and such looking as if there are ice cicles hanging from them? If they were put into service, wouldn't they have the same markers and be considered SMS as well? I'm not being argumentative, just trying to get to the bottom of these. Is "probably" and "most likely" the best way to sell these for $30,000/nickel in 2016? How do I get ahold of pictures of the die devices that are up close 40x of the SMS coins?
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Valued Member
United States
198 Posts |
I actually just ordered a 1964 Mint Set from California where the silver pieces look promising. They were in an art auction where someone was selling them from an estate sale. All uncirculated still in their acrylic case. Maybe they'll be what I'm after. Seems like somebody selling art may be the best bet on finding the rare set.
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Bedrock of the Community
United States
62064 Posts |
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Pillar of the Community
United States
2563 Posts |
Even if it were, there wouldn't be much value because of the condition. Imo
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Valued Member
United States
198 Posts |
I'm going with coop on this one but I'm sure no matter what the condition it would be worth at least $100 if it were an example of an SMS. The Poor Man's Special Strike lol
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Rest in Peace
United States
18456 Posts |
jimmyjohns , with all do respect because all of us have our own opinions about ever single thread or post. And my opinion says your over valuing your coin by $99.99 .  |
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Valued Member
United States
198 Posts |
Lol I didn't mean this coin was worth anything. I meant if someone came across a beat up SMS that got lost along the way I'm sure it would be worth something still. I'm not valuing mine at anything over .01 I stated I agreed with Coop on it being nothing in that same post but thanks for clarifying again.
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Pillar of the Community
United States
2189 Posts |
Am I understanding this right and I'm asking because I really don't know. At issue is SMS Special Mint Sets and the coins have die polish lines & that creates value?
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Valued Member
United States
198 Posts |
Supposedly that's a big factor in determining their extreme value..I don't believe the hype after 2 full weeks of research and finding ZERO concrete info on the supposed special strikes. They were described as Refinished Dies and that's all they are. Proof dies that were refinished and put back into service for business strikes IMO. The reason there's only a handful of full steps and sharp strikes is BC they wore out so fast. The polishing has the satin finish because they sandblast the proof dies and in using them as a business Strike, the planchets weren't polished to mirror finish.
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Valued Member
United States
198 Posts |
Have any of you found an Over Date yet?
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Pillar of the Community
United States
901 Posts |
Value is what someone is willing to pay for it. In most cases that is how much can I resell it for. With most people it is still to close to paying your tax time. Good luck  |
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Replies: 20 / Views: 4,979 |
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Posted 05/13/2016 1:58 pm
