Satin 1936 proofs are out there, but are not as common as the brilliant proofs. They track about the same price for lower grades but command a decent premium over the brilliant proofs for higher grades. From the pictures, this coin sure has the look of a satin proof. Grades above PR-64 are very hard to find. My hunch is that in hand this will settle in the 64/64+ range.
I've purchased two of them for customers over the last several years. One was PR-64 and the other was PR-63. Both examples I handled had readily visible obverse die polishing marks (1) SW-NE below the date, (2) all along the east rim (K-2 to K-5), and (3) W-E above and below LIBERTY. One of them also had weaker polishing marks between Lincoln's head and "TR" of TRUST. I haven't seen any 1936 satin proofs without the first three sets of marks, but what I have seen doesn't mean that all 1936 satin proofs would have these marks.
The seller's photos here are just not clear enough to confirm these marks. I think I can see polishing marks along the east rim, and there are shadows that could be the other marks. I'd love to see pictures with better lighting and less flashback when the coin is in hand.
Best Pic I could get of the die scratches, as you said, all along the east rim, I have seen the die scratch that runs SW from just left of the S of Trust and South from the T of trust on other examples as well.
Hard to explain the color, or the glow of this proof without a video so I'll be posting a video as well, only satin proof I have ever posessed so...it definitely has a unique finish!
Mine
PCGS example
I'd say RB in hand, really hard to capture this coin for me with photography, it still has a reflectivity, not like that of a brilliant proof though.
After seeing the videos, I say there is a chance, mostly the rims....they are real square. My biggest concern is with the obverse, portrait high points, they are weak. On proofs, this doesn't normally occur in my experience since proofs are struck at higher pressures.
I see the die polishing lines along the east rim, and can just make out the SW-NE lines beneath the date. It's certainly possible for a business strike to have similar die polishing lines, but two of the big three are a really good start.
@KYCopperCoins, would you be willing to upload a closeup of LIBERTY? If the die polishing lines are there, as well, I'd be leaning strongly toward this being a satin proof. The color and reflectivity sure look right in your video. I agree with @BadThad, the soft central strike on the obverse is a pause. The squared rims, though. It's hard to look past them.
Its a match here as well when comparing to the die matching PCGS blue toned 1936 proof that I posted above. I'm certain it is a proof at this point, it has proof luster, not business strike luster. Kinda muted is all vs a brilliant proof.
You've handled them before Fortcollins, that sound about right?
Well thanks I learned something from this thread, I would have thought this to be closer to PR63 only for the few carbon specks but it's a nice coin, I will have to look out for one of these Satin finished proofs, I'm not sure I've looked at one in hand before. Once Covid is over I plan to visit Heritage a bit more for viewing as they moved even closer to my house.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.
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Posted 07/29/2020 9:28 pm
