Not sharp enough devices, fields not uniformly satin [I originally said reflective which is wrong] enough. I've got rolls of brand new '64s that are better candidates than that one. IMHO.
1964 SMS lincoln cents are Extremely rare. They're almost mythic. The last I heard, there was a total of 22 registered with PCGS. They're like proofs in their execution, but they have a satin finish rather than a typical mirror proof. I don't know if anyone can agree on why they were even struck; experimental? The 65-67 SMS coins actually replaced proof and mint sets for those years and they were nice and shiny.
Both Mint and Proof sets were produced in 1964; and in pretty good numbers as that. Am I to understand your SMS candidate coin came from circulation? What about this particular specimen makes you think it's a SMS issue?
If it is a coin struck with a fresh die and low in mintage it would show no die wear. This coin is obviously a near LDS when you coin was struck. It is just a normal business struck coin.
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