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SP Grades?

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Pillar of the Community
Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/29/2010  11:14 pm Show Profile   Bookmark this topic Add Canadian-Banknotes to your friends list Get a Link to this Message Number of Subscribers
Hello,

I guess everyone can tell from my low post count, but I am relatively new to coin collecting and I have recently started looking at the coins at shows (usually I just look at the banknotes). And a question I have is, what are SP grades? I see coins graded SP-67 (etc) but is that the same as a Unc-67?

When I seen it first I thought it was the same, but now I am really not sure, I also thought later that it could have meant Specimen.


Am I close? or just completely wrong?


Thanks
Pillar of the Community
Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/29/2010  11:24 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Sorry, I forgot to ask if these are not the same as Unc coins, then how does it affect the price? I dont see SP grades in trends.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/29/2010  11:28 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Just realized this is in the wrong thread.

I will create a new one under "Canadian Coin, Bank Note, and Paper Money Grading"
Valued Member
SilverMaple's Avatar
Canada
241 Posts
 Posted 10/30/2010  09:52 am  Show Profile   Bookmark this reply Add SilverMaple to your friends list Get a Link to this Reply
MS means the coins was intended for circulation the finish of this coin is not the same as SP (specimen proof) this particular coin wasn't for circulation so the finish is more like a mirror polished .
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1cent's Avatar
Canada
1051 Posts
 Posted 10/30/2010  8:09 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
Modern specimens come from specimen sets. Modern "UNC" coins from from UNC sets.

The mint makes (in general) three quality levels of collector coins: uncirculated, specimen, and proof. The price levels of these coins also generally fall in the same order, with the proofs having the highest initial cost.
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MrCanada's Avatar
Canada
650 Posts
 Posted 11/06/2010  9:29 pm  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
Spec sets are finished in a brush finish.
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