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.
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 .
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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