SP Grades? - Coin Community Forum

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Author	Replies: 6 / Views: 20,573
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 10/29/2010 11:29 pm 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? Also, if these are not the same as Unc coins, then how does it affect the price? I dont see SP grades in trends. Thanks Report this Post to the Staff

canadanz Valued Member United States 273 Posts	Posted 10/30/2010 01:25 am In Canadian coinage, SP refers to Specimen strikes, and it is a type of manufacture, not a grade (much like proof coinage). In the US, it refers more or less to Special Strike... some recent Satin Fish coins are grade SP68 for example, and the Special Mint Set coins from 1965-1967 also receive SP grades. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 10/30/2010 09:44 am Thanks canadanz, So I guess an SP-67 grade would not be worth as much as a normal Unc-67? Report this Post to the Staff
canadanz Valued Member United States 273 Posts	Posted 10/31/2010 12:21 am Do you have an example? I can look up the charlton values if you tell me the coin, as I think it really depends on the specifics. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 10/31/2010 3:24 pm Sorry, I dont have an example. I was just wondering because I was just at a coin show, and was going to buy some SP graded coins. Report this Post to the Staff
guppie1160 Valued Member Canada 307 Posts	Posted 11/01/2010 7:42 pm from what I have seen in trends in most cases a high grade business strike carries more value than an sp, or pl coin anyone feel any different Report this Post to the Staff
canadanz Valued Member United States 273 Posts	Posted 11/01/2010 7:57 pm Quote: from what I have seen in trends in most cases a high grade business strike carries more value than an sp, or pl coin Sounds right. SP coins are struck for collectors, while business strikes are generally meant for circulation -- even the pieces that ARE meant for collectors aren't treated with the same care as specimens. As such, specimen strikes in high grades are much more common that business strikes in high grades, leading to higher values for the business strikes. Report this Post to the Staff
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