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Papua New Guinea 10 Kina - Both These Coins Proof?

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Paul St Louis's Avatar
United States
127 Posts
 Posted 06/17/2022  11:24 am Show Profile   Bookmark this topic Add Paul St Louis to your friends list Get a Link to this Message Number of Subscribers

Papua-New-Guinea-10-Kina---Both-These-Coins-Proof?

My Krause catalog gives these grading definitions:

FM - Franklin Mint, U.S.A.
NOTE: From 1975-1985 the Franklin Mint produced coinage in up to 3 different qualities. Qualities of issue are designated in ( ) after each date and are defined as follows:

(M) MATTE - Normal circulation strike or a dull finish produced by sandblasting special uncirculated (polish finish) or proof quality dies.
(U) SPECIAL UNCIRCULATED - Polished or prooflike in appearance without any frosted features.
(P) PROOF - The highest quality obtainable having mirrorlike fields and frosted features.

Here is where I am confused. When consultation NGC for Papua New Guinea 10 Kina KM# 8a, I only see the coin with the dark mirror like finish and a listing of 1975FM (P) Proof. When I search Papua New Guinea 10 Kina KM# 8 instead, now I see both both 1975FM (M) and 1975FM (U).

How do I learn to tell the difference? I have 2 silver coins with a different look/finish. Are they both proof? Both weigh the same.

Krause and NGC both do not provide the gram weight of a copper-nickel 10 Kina, and the coin size is the same. Supposing one is a copper-nickel, I have no apparent way to determine that by weight, if both C-N and Silver weigh the same.

As an interesting side note, I once bought a certain Panama Balboa coin with erroneous silver content. I believe it was KM# 39.2 BALBOA. It was stamped indicating silver content but had none. Both C-N and Silver coin weighed the same. If I recall right, the only way to differentiate between the 2 was a fine reed for the true silver coin.

So, were C-N New Guinea coins erroneously stamped silver? Is the edge reed the only way to differentiate? I'd like to learn more about this.
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Spence's Avatar
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 Posted 06/17/2022  4:52 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
mirrorlike fields and frosted features


From these pics, it looks to me like both are proof. Yes one looks a little more black and white, but neither one looks like it was a business strike.
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IndianGoldEagle's Avatar
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 Posted 06/18/2022  11:46 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Both are proofs. Always post photos of both sides.
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Princetane's Avatar
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 Posted 07/14/2022  04:51 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Both of your coins are proofs. They issued them in both metals and I would say the coin on the left is Cupronickel and the right is a silver one.

1975 was the first and most common year of this series and surprisingly the Cupronickel one is worth more than the silver one, which contains over an ounce of good silver. Numbers per year drop away after that until 1980 when they stopped issuing the sets.
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Slerk's Avatar
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1557 Posts
 Posted 07/14/2022  05:13 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
And I always thought that these are the letters M, U, P in the NGC catalog.
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