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1964 United States Special Mint Set...question About The Value/Worth

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New Member
United States
11 Posts
 Posted 06/26/2016  12:55 pm  Show Profile   Bookmark this reply Add Jane Sherman to your friends list Get a Link to this Reply
The only thing that makes me think these are the real McCoy, is...these have been sitting untouched for 45+ years...piled
under "junk". My parents would not have known (45 years ago) that one specific set/year was more valuable
than others...there was no internet or source to get this info from that many years ago. Other than that, they have
only been in my hands (or rather, in OUR basement for several years). So no one had the incentive to "change them out"
because no one knew any better...until yesterday when I noticed a high value on this particular set. Still, that's not
suggesting they are indeed the real thing...just a good indication that...well, there is a chance. HOPEFUL! And, my father
traveled a lot and was considered highly valuable in many communities through out the U.S. ...so maybe...just maybe.
New Member
United States
11 Posts
 Posted 06/26/2016  12:59 pm  Show Profile   Bookmark this reply Add Jane Sherman to your friends list Get a Link to this Reply
Right, and that is how all the other years appear....with the words and insignia on them...from 1966 on up that I have...
unfortunately, this particular year does not have all the fancy words/insignia...so it is questionable. Thanks for your
comments, they truly are appreciated.
Pillar of the Community
Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/26/2016  1:03 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Yup....worth the effort to check 'em out. As was mentioned previously I would NOT rely on one dealer's opinion...
New Member
United States
11 Posts
Pillar of the Community
Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/26/2016  1:11 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
Some speculated that these were from the estate of former Mint Director Eva Adams. They were thought to be either prototypes of the SMS finish or simply special souvenirs of the last 90 percent silver coinage. The sets have been broken up, and coins are available singly.

Fewer than two dozen Specimen 1964 Kennedy half dollars are known.


Yup....enjoy the uncertainty. Chance of an intact set found just hanging around is slim....but so is Powerball

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Dave H's Avatar
United States
1436 Posts
 Posted 06/26/2016  4:00 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
The article attached stated " Although their finish was satin rather than brilliant, they were likened to the 1965 through 1967 SMS coins.". Does the half in your set have a satiny finish, or is it brilliant/shiny"
New Member
United States
11 Posts
 Posted 06/26/2016  5:09 pm  Show Profile   Bookmark this reply Add Jane Sherman to your friends list Get a Link to this Reply
I really can't tell...almost looks like the nickel and dime have a bit more satin appearance and the quarter and Kennedy half is more shiny...the backs (reverse) looks shinier than the fronts...but as I said...the nickel and dime almost seem a different "finish" than the bigger coins. So that
doesn't help much. LOL Okay, I just compared them to a different SMS....I would have to say these are satin...but pretty darn shiny...but not as shiny as the other set I was comparing them to.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 06/27/2016  9:46 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
As much as I would like this to be a 1964 SMS set.

I would have to take a guess at what I think it is.

These type plastic year set holders were very common.
I think Whitman makes the holders.

My guess is, at sometime 1964 coins were put into one of these
common year set holders, and the holder was placed into a 1966
SMS cardboard box.

I am thinking this because, the 1965 SMS coins came in mylar and
then mylar with coins place in a white envelope. My line of thinking
is that if the 1964 sets were in a holder, best chance is they would
have been like the 1965 sets.

The box your coins are in, looks like the 1966 box. The 1967 box has
a sticker on them.



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Morgans Dad's Avatar
United States
5627 Posts
 Posted 06/27/2016  10:58 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Jane, I would like to Welcome you to this Family!!! That said, I would offer you some coin collecting tips, FIRST, No matter who You have look at Your " inherited coins " NEVER let any coins being looked at Out Of Your Sight, Never.

I would also say there is a strong possibility , IMO, that the set You are showing may be the real deal, stranger things have happened, I would truly be Very happy to hear Your coins are the real deal.

Get at least 2-3 opinions, Far apart from each other as to avoid the chance of ANY improper acts of unprofessional misconduct..... ( This hobby has been known to bring the trust in people dealing coins, NOT all dealers, under strong temptation.)

IMO, All of the coins in " that set " you show should have the same finish on them, Meaning IF you inspect a proof set you will notice the " overall " appearances should be equal, not some very shiny and some dull and not glossy look, etc.....

I wish You all the best and wish you well, Should you decide to " send these or ANY other coins to a grading company, do it yourself, mail them or, IF they are close to You, drop them off to either of one of the top 5 company's in America Today, Most people feel the list in " Quality " and frankly, the best or most popular are PCGS, NGC, ANACS, ICG, AND SEGS. I would also insure ANY coins You decide to mail or hand to any of these grading Company's, Strange things are known to of happened to coins once in the you S Postal System, or any other mailing services.

IF You do decide to send these coins off to be graded You get a lot for Your dollar, You get the authenticity of the coin(s) and a grade or quality of the condition of said coins.Also there are people in the coin collecting World that believe the slab, the plastic holder the company's grading coins place the coins in to protect and showcase the coins. There are also people who collect coins that will only buy " a slabbed coin ".

I would also state that a slabbed coin " usually " will bring in the most $$$$$$$$$ when the coin or coins are sold. What ever you decide to do, Enjoy the thought that these coins are or could be the real deal, Wishing you the best of everything, Mike......... PS, This site and it's Family members are Always willing to offer their knowledge to others to advance their information base as to assist others in making better informed decisions along the way, Be Well.........
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/28/2016  08:04 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Are there pictures of the O.G.P. on a authentic 1964 SMS ?

Is like to see the pics if so....
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/28/2016  08:30 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
There was no "OGP" since they were not minted for sale. As was mentioned previously they were special prototype strikes and eventually ended up in the estate of the Mint director.


Quote:
There are many different theories on why the 1964 SMS coins were produced. These coins could have been produced as prototypes for the 1965 to 1967 SMS coins. The 1964 SMS coins could have also been produced as introductory pieces, possibly even intended to include a 1964-D Peace dollar. Furthermore, it is believed these SMS coins came into existence somehow through the involvement of Eva Adams, U.S. Mint Director at the time. After Eva Adams passed away, her estate was sold off and well-recognized dealer and auctioneer Lester Merkin is believed to have bought many of the coins from her estate. Lester Merkin's collection would then be sold in a Stack's auction in the early 1990s, including some, if not all, of the known 1964 SMS coins.


We can all have our opinions and speculate about how a complete set of seemingly different finish coins somehow were obtained from a former Mint director, put back together in an aftermarket plastic holder and just tucked away for 45 years....or not.

Eva Adams passed away in 1991 so some of the coins could have made their way out of her estate after that date.



Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 06/28/2016  09:58 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
From a online search


Quote:
The 1964 SMS coins are unknown even to many seasoned numismatists," said Huber. "They have a surface texture unlike any other U.S. coins. There are more mysteries posed than facts known about them."

All five denominations show dies that are extensively and haphazardly polished, apparently an intentional texture created by the Mint. The coins show little of the reflectivity of proofs, being rather satiny in appearance, but their squared-off rims, incredible strike sharpness, and excellent preservation identify them as coins that were created and preserved for some special purpose, Huber said.


I would compare the rims to those from a proof set.
You should be able to tell squared rims to business
strike rims. For me the Lincoln Cent is a easy one to see.

These are very rare coins, as Foxwood has been saying. The story goes
that all the 1964 SMS coins minted, ended up in the mint directors possession.
Most experts did not know of them until after she passed.

I feel most if not all these coins would have to have a connection
to Eva Adams.

By looking at 5 coins in a Whitman year set holder, placed in a 1966
SMS box, to me does not make them a set of rare coins. We have not
seen a close up quality picture of the coins. This is one of those
cases, look at the coins not the holder.

I am sure all of us would love for these to be rare coins, I am just
suggesting slow down a little, before sending them off to PCGS.

If possible
Have a very good local coin dealer check them out.
Or
Take them to one of the larger coin shows.

Miss Jane, what area of the country are you in. I am asking so
someone here might know a good coin dealer that could look at
them in hand.

Edit - If they have squared rims .. and are not proofs,
then I would start to be excited.

Edited by GR58
06/28/2016 10:06 am
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yotie's Avatar
United States
3077 Posts
 Posted 06/28/2016  6:09 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
this thread kinda reminds me of the Panama-Pacific set found in a safe deposit box
wishing you the best of luck and some better pics would be awesome
Valued Member
Buzz Killington's Avatar
United States
81 Posts
 Posted 08/18/2016  9:53 pm  Show Profile   Bookmark this reply Add Buzz Killington to your friends list Get a Link to this Reply
If we're being serious, the fact that a regular aftermarket holder was in a 1966 SMS box *does not* make these coins more likely to be the elusive SMS patterns from 1964.

The odds are not greater than 1 in the entire mintage.

Of course, like most people, I have never seen a real 1964 SMS, and wouldn't know what to look for, but safe to say I'll never have the chance to pass one up.
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