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Satin Finish Is Done

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The_Duke's Avatar
United States
1745 Posts
 Posted 12/16/2010  10:11 pm Show Profile   Bookmark this topic Add The_Duke to your friends list Get a Link to this Message Number of Subscribers
It looks they are getting rid of the satin finish.

http://mintnewsblog.blogspot.com/20...icially.html
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eaglefoot's Avatar
United States
6326 Posts
 Posted 12/16/2010  10:20 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
















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Scooby Due's Avatar
United States
4000 Posts
 Posted 12/16/2010  10:23 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply


Didn't see that coming!
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 12/16/2010  10:43 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
Such a joyous occasion calls for some dancing fruit.

Maybe now we can get our hands on high quality business strikes from mint sets again.

-XoG
Valued Member
tornandfrayed75's Avatar
United States
447 Posts
 Posted 12/16/2010  11:16 pm  Show Profile   Bookmark this reply Add tornandfrayed75 to your friends list Get a Link to this Reply
Glad to see them go!!


Will the satin finish coins and sets become "rarities" in the future and hold high premiums?

Will future Dansco albums have holes for all of them?
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littleboy's Avatar
United States
764 Posts
 Posted 12/16/2010  11:53 pm  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
I don't know whether I like this or don't like this.
New Member
lexic's Avatar
United States
16 Posts
 Posted 12/17/2010  12:11 am  Show Profile   Bookmark this reply Add lexic to your friends list Get a Link to this Reply
Now my ATB collection will be inconsistent. :( I was really hoping it would be a set without changes.
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TripAces's Avatar
United States
185 Posts
 Posted 12/17/2010  10:59 am  Show Profile   Bookmark this reply Add TripAces to your friends list Get a Link to this Reply
I guess I am kinda confused with this....I am still a newbie and still learning so dont get mad with this question:

What is the difference? I bought the 2010 us proof set from the mint...are these satin finish? I bought the 2009 us mint set from the mint...are these business strikes? I am buying the ATB Quarters and presidental dollars from a local dealer.....they are uncirculated......these are business strikes right?

Thanks for your patience with my learning.... :)
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BluesZone's Avatar
United States
524 Posts
 Posted 12/17/2010  11:21 am  Show Profile   Bookmark this reply Add BluesZone to your friends list Get a Link to this Reply
The satin finish coins were only in mint sets not proof sets. As far as what you got from your dealer we can't know without seeing them but if they were in the soft packs from mint sets they are satin.
Bedrock of the Community
United States
20753 Posts
 Posted 12/17/2010  11:26 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Won't be missed by to many for sure.
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TripAces's Avatar
United States
185 Posts
 Posted 12/17/2010  11:28 am  Show Profile   Bookmark this reply Add TripAces to your friends list Get a Link to this Reply
Thank you for clearing that up a bit.

What makes the satin finish so bad that you guys are glad it is going away? Do you want it back to the way it used to be?
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BluesZone's Avatar
United States
524 Posts
 Posted 12/17/2010  11:49 am  Show Profile   Bookmark this reply Add BluesZone to your friends list Get a Link to this Reply
TripAces. I think the main problem was the mint changed the coins in the middle of series. So people that buy mint sets to get the BU coins for their set had to go find BU rolls and search for good examples. Then they had to decide weather to add the satin coins to the sets or have them as a subset etc.etc. Now that its ending what do they do with the few years of satin coins. I think Lincoln Cent collectors had to buy 20 coins in 09' to get them all. Kind of a pain.
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clairhardesty's Avatar
United States
1027 Posts
 Posted 12/17/2010  12:50 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
My only concern is that it is not clear that the mint is returning to simply pulling business strikes from normal production to make uncirculated sets going forward. If they do that then I am OK with it. If they continue to use special planchets (just not satin finish) and mint them on special presses at elevated forces then I have a real issue with the whole thing. In that case it would be all but impossible to distinguish a SMS coin from a very high quality business strike coins and the latter would lose all of its numismatic value. It had been my which that the mint would continue the satin finish but go ahead and make it a proof coin, striking them twice and giving them individual handling so we could get some MS70s and a lot more MS69s (or more properly SP70 & SP69, Satin Proof). Also, if they do not significantly lower the price of uncirculated sets they swill be taking us all for a ride if the sets are just collections of production coins again.
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biokemist6's Avatar
United States
12437 Posts
 Posted 12/17/2010  1:13 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
I bought the 2010 us proof set from the mint...are these satin finish? I bought the 2009 us mint set from the mint...are these business strikes?

Every Mint Set issued from 2005-2010 will contain the satin finish coins.

Quote:
What makes the satin finish so bad that you guys are glad it is going away?

Its not that the satin finish is bad but they implemented it part of the way through the State Quarter program and it added another finish to collect in addition to Proofs and Business Strikes. Mint Sets were formerly a nice source of better than average business strike coins. Business strikes from the last couple years of the State Quarter program, the Territories, and now the ATBs have been notoriously difficult to obtain from banks and commerce. This has left many collectors either unable to obtain business strikes or paying large premiums for them on ebay.
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Spider5689's Avatar
United States
2269 Posts
 Posted 12/17/2010  4:44 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply

Quote:
Its not that the satin finish is bad but they implemented it part of the way through the State Quarter program and it added another finish to collect in addition to Proofs and Business Strikes. Mint Sets were formerly a nice source of better than average business strike coins. Business strikes from the last couple years of the State Quarter program, the Territories, and now the ATBs have been notoriously difficult to obtain from banks and commerce. This has left many collectors either unable to obtain business strikes or paying large premiums for them on ebay.


Bedrock of the Community
United States
10284 Posts
 Posted 12/17/2010  4:57 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I have all of them, satin, brilliant uncirculated and proofs, but I sure am glad to see them go.
10 nickels in 2005 and 5 nickels a year to keep up my set since is ridiculous. Now I just hope they get rid of the Jefferson nickel completely. It isn't the same since they goofed up the obverse design. I am collecting a coin now that I don't even like how it looks because it is still a Jefferson nickel
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