Specimen Strike Is It Worth The Extra Premium?

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Author	Replies: 9 / Views: 1,382
Brian34Jersey Valued Member United States 234 Posts	Posted 04/13/2015 07:59 am I saw some PCGS Lincoln gold dollars for sale SP 67. I have some that are PF 70s. Are SPs worth the extra premium? Report this Post to the Staff

kanga Pillar of the Community United States 5825 Posts	Posted 04/13/2015 08:05 am That's strictly your call. Do they fit into your concept of YOUR collection? How will their purchase affect getting other coin for your collection? Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 04/13/2015 09:18 am As far as I know they didn't make any specimen strikes of the Lincoln dollar. Could those be satin finish pieces out of the mint sets? Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 04/13/2015 10:30 am As Condor posted I am thinking you have satin coins. It looks like PCGS uses the SP XX for satin coins. http://www.ebay.com/itm/2009-D-PRES...em4853ff5185 Some collectors like Satin coins ... Some want business strikes. Satin coins have a lower mintage, because they only come in Mint sets. And pretty much all satin coins are of higher grade Over business strike. So high grades spare common with satin coins. Some of the price guides are starting to show higher prices for Satin coins. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 04/13/2015 10:33 am The satin finish coins were better-handled than Business Strikes, but not as well-done as Proofs. For my money, I can't see a premium (indeed, I'd expect them to be more common in high grade than Business Strikes), but everyone's tolerance differs. Report this Post to the Staff
jbuck Moderator United States 188052 Posts	Posted 04/13/2015 12:12 pm I agree, those would have to be the satin finish. 2010 was the last year for it. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 04/13/2015 12:34 pm Quote: I saw some PCGS Lincoln gold dollars for sale SP 67. I have some that are PF 70s. Are SPs worth the extra premium? To the contrary, I think that it's likely more difficult to find a MS67 business strike than a SP67 satin. Report this Post to the Staff
jbuck Moderator United States 188052 Posts	Posted 04/13/2015 12:40 pm I agree. The SP were minted to be high grade, the circulation strikes were not. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 04/13/2015 12:52 pm Just to be clear ... IMO ... A MS67 would be worth more than a SP67 Because a MS67, business strike would be much harder to find. Where a SP67 would be common. I think it is more common to have SP68 and SP69 grades for satin coins. Satin coins are just lower mintage. Edited by GR58 04/13/2015 12:54 pm Report this Post to the Staff
jbuck Moderator United States 188052 Posts	Posted 04/13/2015 3:23 pm I agree. They are lower mintage, but not so low as to affect the pricing. The reason being that fewer care to differentiate them from the business strikes. Similar with how coins with much lower mintages than the 1909-S VDB will sell for a lot less than the 1909-S VDB. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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