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 Replies: 24 / Views: 3,475 |
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Valued Member
United States
185 Posts |
Thank you for clearing that up a bit.
What makes the satin finish so bad that you guys are glad it is going away? Do you want it back to the way it used to be?
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Pillar of the Community
United States
524 Posts |
TripAces. I think the main problem was the mint changed the coins in the middle of series. So people that buy mint sets to get the BU coins for their set had to go find BU rolls and search for good examples. Then they had to decide weather to add the satin coins to the sets or have them as a subset etc.etc. Now that its ending what do they do with the few years of satin coins. I think Lincoln Cent collectors had to buy 20 coins in 09' to get them all. Kind of a pain. |
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Pillar of the Community
United States
1027 Posts |
My only concern is that it is not clear that the mint is returning to simply pulling business strikes from normal production to make uncirculated sets going forward. If they do that then I am OK with it. If they continue to use special planchets (just not satin finish) and mint them on special presses at elevated forces then I have a real issue with the whole thing. In that case it would be all but impossible to distinguish a SMS coin from a very high quality business strike coins and the latter would lose all of its numismatic value. It had been my which that the mint would continue the satin finish but go ahead and make it a proof coin, striking them twice and giving them individual handling so we could get some MS70s and a lot more MS69s (or more properly SP70 & SP69, Satin Proof). Also, if they do not significantly lower the price of uncirculated sets they swill be taking us all for a ride if the sets are just collections of production coins again.
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Bedrock of the Community
United States
12437 Posts |
Quote:
I bought the 2010 us proof set from the mint...are these satin finish? I bought the 2009 us mint set from the mint...are these business strikes? Every Mint Set issued from 2005-2010 will contain the satin finish coins. Quote:
What makes the satin finish so bad that you guys are glad it is going away? Its not that the satin finish is bad but they implemented it part of the way through the State Quarter program and it added another finish to collect in addition to Proofs and Business Strikes. Mint Sets were formerly a nice source of better than average business strike coins. Business strikes from the last couple years of the State Quarter program, the Territories, and now the ATBs have been notoriously difficult to obtain from banks and commerce. This has left many collectors either unable to obtain business strikes or paying large premiums for them on ebay. |
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Pillar of the Community
United States
2269 Posts |
Quote:Its not that the satin finish is bad but they implemented it part of the way through the State Quarter program and it added another finish to collect in addition to Proofs and Business Strikes. Mint Sets were formerly a nice source of better than average business strike coins. Business strikes from the last couple years of the State Quarter program, the Territories, and now the ATBs have been notoriously difficult to obtain from banks and commerce. This has left many collectors either unable to obtain business strikes or paying large premiums for them on ebay.  |
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Bedrock of the Community
United States
10284 Posts |
I have all of them, satin, brilliant uncirculated and proofs, but I sure am glad to see them go. 10 nickels in 2005 and 5 nickels a year to keep up my set since is ridiculous. Now I just hope they get rid of the Jefferson nickel completely. It isn't the same since they goofed up the obverse design. I am collecting a coin now that I don't even like how it looks because it is still a Jefferson nickel |
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Valued Member
United States
442 Posts |
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Pillar of the Community
United States
880 Posts |
I think they're ugly looking. Not hurting my feelings any
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Pillar of the Community
United States
1027 Posts |
The mint itself never fully embraced the satin finish. They were special coins, struck on special planchets, using special presses and forces and then handled as if they were business strikes and put in cheap packaging. If they had struck them twice and individually put them into lenses, they would have been satin proofs. As it was they were some sort of tweener coin with no real home in numismatics, a coin made for collectors, called uncirculated because the mint doesn't know what to call them or how to make up new words, but treated so poorly that even SP69s were rare.
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Valued Member
United States
163 Posts |
Never seen a satin finish, so I don't really have a genuine opinion on it. Maybe the next time I'm at the coin shop I'll ask to see one.
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Moderator
 United States
188952 Posts |
Quote:Its not that the satin finish is bad but they implemented it part of the way through the State Quarter program and it added another finish to collect in addition to Proofs and Business Strikes. And they have now ended it with one year of the ATB Quarters available in that finish!  My opinion? Good riddance! I will not miss you. I can now continue collecting from circulation knowing that, in a pinch, I can get comparable coins from a mint set. Or can I... Quote:
My only concern is that it is not clear that the mint is returning to simply pulling business strikes from normal production to make uncirculated sets going forward. If they do that then I am OK with it. If they continue to use special planchets (just not satin finish) and mint them on special presses at elevated forces then I have a real issue with the whole thing... |
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Pillar of the Community
United States
659 Posts |
Goodbye and good riddance to satin finish.
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Valued Member
United States
268 Posts |
I wont mis the satin finish in the mint sets, I couldnt tell the difference between the to types anyway. Here is one of each Kennedy 2005 P one is satin finsih the other business strike.   |
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Pillar of the Community
United States
1406 Posts |
I'm confused. Satin finish is definitely NOT done.
"United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature the satin finish introduced in 2005. 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." - US Mints' website for the 2011 sets.
--sorry, I read it wrong. The satin finish is done for 2011. What is a brilliant finish tho? Will it be different then the business strike coins?
Edited by captainkurt
01/12/2011 12:15 am
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Moderator
United States
188952 Posts |
Quote:
What is a brilliant finish tho? Will it be different then the business strike coins? That is the question. It is unknown (to me) whether they will be pulled from the normal business strikes (as they were before 2005) or if they will still be minted in a separate process (as they were since 2005, minus the satin finish planchets). |
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Replies: 24 / Views: 3,475 |
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Posted 12/17/2010 11:49 am
