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Uncirculated Mint Sets

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Author Previous TopicReplies: 7 / Views: 1,474Next Topic  
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parkay's Avatar
Canada
287 Posts
 Posted 11/16/2013  4:12 pm Show Profile   Bookmark this topic Add parkay to your friends list Get a Link to this Message Number of Subscribers
How are these seen by collectors? Are they graded as a business strike (MS) or are they classed as NCLT? When you see the two listing in Charlton there is the 2 pricings MS? C and MS? NC

I like to collect Proofs, Specimens, and business strike of each year but not sure if I should be using UNC sets as the business strike or finding them from a roll.
Edited by parkay
11/16/2013 4:14 pm
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Canada
9864 Posts
 Posted 11/16/2013  4:21 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
2010 and earlier UNC sets are not business strikes. In Charlton's they are priced as MS/NC

"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
11/16/2013 4:23 pm
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stampvirgin's Avatar
United States
1247 Posts
 Posted 11/16/2013  4:59 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
If before 2010 UNC sets are not business strikes, what are they?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 11/16/2013  5:08 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Used to be called PL (Proof Like) up until around 1970. After that Charlton Vol 1 calls them MS NC (Non Circulation), Charlton Vol 2 calls them BU (Brilliant Uncirculated) and ICCS calls them NBU (Numismatic Brilliant Uncirculated). coinsandcanada.com calls them all PL

For BU vs circulation - According to Charlton 2013 Vol 1 pg xiii - "The steps in manufacture of both these coins are very close. Business strike coins are now produced at the Winnipeg mint, while coins produced for uncirculated set are struck at the Ottawa mint. The dies are identical with the exception that those used to produce uncirculated coins for sets are polished, the planchets are of a higher quality, the rate of striking is slower, and finally, the coins are removed from the press by hand."
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kuh_85's Avatar
Canada
2366 Posts
 Posted 11/16/2013  5:10 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
So, up until 2010 there are actually four different types to collect - Proof, Specimen, Proof Like/BU (the sets you're asking about) and business strikes. 2011+ there are only three types as BU are no longer distinguished from MS C.
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parkay's Avatar
Canada
287 Posts
 Posted 11/16/2013  7:11 pm  Show Profile   Bookmark this reply Add parkay to your friends list Get a Link to this Reply
Thanks people for the info. kuh_85 I see that in the Charlton book now that you say it. I have never bought newer uncirculated sets but have bought pre 2011 coins that were sold as MS and they were definitely PL so seemed like I was cheating on having a business strike for that year.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 11/16/2013  11:50 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Yes, many sellers don't distinguish correctly between MS, UNC, BU & PL. And to be fair, the definitions tend to be kind of fuzzy and fluid. Usually the ones TPG'd by ICCS or CCCS are correctly identified but they are human and don't always get it 100% either. Just for the record, I'd not be able to tell some of them apart without knowing where they came from either!
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 11/17/2013  02:27 am  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
Since mint set 1968-2000 coins are so inexpensive, I have mixed them with business strikes to build that part of the collection. It was the only way to have a coin for each year in many cases. First examples that come to mind are the 1997 and 1998 quarters.
Edited by DoubleEagle20
11/17/2013 02:30 am
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