What Is "sms"?

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Author	Replies: 2 / Views: 897
hockingzig Pillar of the Community United States 1450 Posts	Posted 10/29/2008 4:34 pm I was looking at a price list and for 1965-66-67 LMC's it lists an SMS variety. What does that mean and where can I read about it? Report this Post to the Staff

jbuck Moderator United States 188052 Posts	Posted 10/29/2008 4:46 pm From the Coin Community Glossary: Special Mint Set A set of special coins-neither business strikes nor Proofs-first struck in limited quantities in 1965 and officially released in 1966-1967- to replace Proof sets, which were discontinued as part of the U.S. Mint's efforts to stop coin hoarding. The quality of many of the 1965 coins was not much better than that of business strikes-but by 1967, some Special Mint Set (SMS) coins resembled Proofs. In fact, the government admitted as much when it revealed how the 1967 issues were struck. In 1968, Proof coinage resume. There have been similar issues since; the 1994 and 1997 Matte-finish Jefferson nickels, for example, are frosted SMS-type coins. There also are a few known 1964 SMS coins, these likely struck as tests in late 1964 for the new 1965 SMS strikings. 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
TreasHunt Pillar of the Community United States 2540 Posts	Posted 10/30/2008 06:39 am Suggestion: Pick up a copy of the Red Book (Guide Book on US coins) it will provide info on these and many other items. Report this Post to the Staff
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