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BU Versus Numismatic BU

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Valued Member
Canada
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 Posted 12/29/2015  11:19 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
All good information to know at least.
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 Posted 12/30/2015  12:07 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
So is it suggested that up to and including 2010 coins in Uncirculated Sets were also double struck


No, PL coins were never double struck. The planchets (blanks) were polished prior to strike and the coins were struck on a slower press with higher pressure, with new dies.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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Quatchi's Avatar
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 Posted 12/30/2015  12:11 am  Show Profile   Bookmark this reply Add Quatchi to your friends list Get a Link to this Reply
Wildflower, have you tried comparing the actual Standard Issue 2010 "uncirculated" set to the 2011-date Standard Issue sets? You may see your difference there. Keep in mind that unlike it's standard issue counterpart, the 2010 Special Edition "uncirculated" set has a circulation finish.
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 Posted 12/30/2015  12:28 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Quatchi, you may have a point. I'll haul out my collection and take a second look as perhaps my 2010 set indeed is the Special Edition.

And thanks very much for that explanation SPP. I'm intending to once and for all satisfy my curiously that the difference is indeed discernible to the eye. Frankly I've always been suspicious that coinage from Uncirculated Sets is being misgraded as MS at an inflated price, particularly with the introduction of steel coin, and that's one of the major reasons I steer away from it.
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falcon's Avatar
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 Posted 12/30/2015  12:04 pm  Show Profile   Bookmark this reply Add falcon to your friends list Get a Link to this Reply
I'm curious to know how ICCS can tell the difference between the latest coins when they grade them.
Without the original packaging I'm not sure you can tell the difference between a coin fresh from a roll or fresh from a gift set.
And I guess if they are both produced with the same press and dies it wouldn't really matter.
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parkay's Avatar
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 Posted 12/30/2015  12:43 pm  Show Profile   Bookmark this reply Add parkay to your friends list Get a Link to this Reply
I agree falcon, as from what I can read starting in 2011 the coins in the sets are just picked from coins that are going into circulation. Where before that they were produced with different presses.
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 Posted 12/30/2015  1:21 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Previous to 2011, most of the special sets were produced in Ottawa, as mentioned with slower and special dies and maybe dropped into a cushion bin, now every coin is mass produced in Winnipeg.
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 Posted 12/30/2015  3:01 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
After my holiday guests depart, I'm thining I'd like to post various versions of MS versus NBU minted shortly before and after 2010 in order to recognize the differences. A learning project -- I'm hoping others will contribute as well:-)
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 Posted 12/30/2015  3:51 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Without the original packaging I'm not sure you can tell the difference between a coin fresh from a roll or fresh from a gift set.


After 2010, it does not matter. The coins for those sets are the exact same as those released for circulation. Same batch of planchets, same presses, same dies...

Even the special coins (like the loon dollars in the gift sets) are MS-63 at best - basically the RCM is making a killing, selling mass produced coinage at collectors prices...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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 Posted 12/30/2015  6:05 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

Even the special coins (like the loon dollars in the gift sets) are MS-63 at best - basically the RCM is making a killing, selling mass produced coinage at collectors prices...


Just a comment......for collectors who choose to pursue up-to-date collections the cost at just over $20 for a finger-print-free and guaranteed Uncirculated set of annual coins is very reasonable as opposed to buying individual coins on ebay especially with shipping costs factored in. I also strongly suspect it's not uncommon for some private ebay sellers to pick coins from circulation and then advertise them as being from MS rolls. It's impossible to prove the source.

Although I can appreciate Uncirculated Sets are not a favourite of all, I maintain they're a perfect economical and convenient starting point for new collectors who then may later choose to go further back in time. Every one of us began somewhere!
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 Posted 12/30/2015  7:26 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I would rather go to my bank, and buy rolls shipped directly from the mint at face value, then cherry pick the best one....
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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 Posted 12/30/2015  9:01 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Agreed, that's ideal....and obviously nothing better than accumulation at face value. But as the use of coin is continually reduced, getting mint rolls from local banks in each denomination is not always a simple task. And in these days of automated manufacturing/minting of steel coin, how many rolls or boxes or rolls does one need to look through to find better than MS-63 and would the average person even have the ability to recognize what they're searching for? There'd never be a way to know aside from paying the cost of grading which makes no sense at all in the case of the average collector who simply might choose to accumulate a decade or more of shiny, finger-printless coins backwards and forward into time.

In my opinion current and recent past years of Uncirculated Sets purchased at a reasonable cost can serve that purpose and therefore sustain and increase appeal of the hobby in general.

That somewhat applies to my own situation, that of conveniently and cost effectively filling gaps in more recent years for the sole sake of completeness, even though I fully realize that those same years will have minimal impact on the value of my entire collection. The option of buying 10, 20 or 30 years of 6x or 7x demonimation singularly, nope that'd be a pfffftttt, way too costly and time consuming. However my personal experience of searching and seeking Uncirculated Sets at a budgeted price over a period of time proved to become both challenging and fun! It's the enjoyment aspect that serves as the rewards of any hobby.....
Edited by wildflowerAB
12/30/2015 9:07 pm
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 Posted 12/31/2015  08:23 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Both methods above work. Most people are unaware of the 2010 change to mass production, and there are tons of "BU" coins for sale out there that are not.

I suspect most new collectors still get started the old fashioned way - by picking out loose coins from circulation.

Best wishes for happy and successful collecting in 2016!
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