This ANGERED me (grrrlol) but I want to know if I am correct so please help.

I am looking to purchase some coins (1994 & 1997 uncirculated P nickels from the Special Mint Set from each year. They both came with the SMS P Nickel, a special silver dollar (one a Jefferson Nickel silver dollar & the other a flower/plant...thing (lol) silver dollar), a 2 dollar bill, etc.) My understanding is that EVERY nickel from those "Special Mint Sets (SMS) when they get graded will ALL have "SP" in front of the grade and NOT "MS" (SP70 is what I want). I came across this company ('The Patriotic Mint') who has what they ADVERTISE as being "1994 P SMS JEFFERSON NICKEL MS70 FS" and on the encasement (?slab) that the nickel is in (from ICG) it has this on it...."1994 P 5C ICG MS70 FS SPECIAL UNCIRCULATED 5475620140" (that is the cert.# of that coin from ICG). When I went to the ICG site and looked up that number, that same coin does pop up BUT their description is this....."1994-P 5C 5475620140 MS 70 FS (AND) 250 ANNIVERSARY, SATIN."
'I' see this as THEM MISLEADING PEOPLE and I want to know if I am correct when I contact them and 'share' my.... feelings and thoughts (lol.)
Please share with me what 'YOU' feel and/or think. Thank you. (sincerely ),
Michael
PS (even though I'm not 'writing') I don't believe that nickel looks like it IS from that set. It doesn't look it to me.

 

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Your coin was probably graded when that company was located in Colorado. The info on the label was probably picked out by the folks selling it on TV. There are many coins that are described differently by each TPGS. Sometimes the description is even from that of the Mint. Burnished, Satin, Specimen, are examples.

NOTE TO ALL: IF YOU HAVE A QUESTION ABOUT A COIN (other than grade) THAT IS GRADED BY A MAJOR TPGS, rather than asking folks who are not connected in any way to the TPGS, it would seem to make sense to contact the TPGS for an answer to your question. In this case ICG can be reached at:877-221-4424.

 

The coins were struck in a Matte finish according to the Red Book.
ICG may have just called it a Satin Finish.
This one sold in 22 it has nearly the same label as ICG.
MS70FS SMS
https://coins.ha.com/itm/jefferson-...-23217.s?ic4=ListView-ShortDescription-071515

 

It seems you care a lot about the label. I’d rather « buy the coin » if you know what I mean…?!

 

I have an example of the coin, and my source has always referred to it as Satin.

This is the Jefferson nickel business strike, followed by the Satin nickel from The Thomas Jefferson Coinage and Currency Set.



Here is a partial photo of the nickel in the special set.

 

Like I mentioned..it 'looks like' it is 'not' an SMS nickel.... therefore... purchasing a coin that is marketed as one coin (the one I want) and a DIFFERENT coin than what it actually is...is my point...and question...but thank you just the same for your input (sincerely).
PS.(even though I'm not 'writing').... Awesome pictures(lol.) and explanation. Also I have been looking at these for days...MANY hours but my entire point of sharing this is that it is MARKETED as an SMS nickel but I believe it is NOT (an SMS nickel) It's not what is on the label but what that company is advertising that it is. I apologize for (apparently) not being more clear about that. (Sincerely...as opposed to being passive aggressive (lol). I called the grading company but they didn't answer so I will definitely be contacting them tomorrow. I will post what I find out. I (like most people) don't think it's 'right' to advertise something that it is 'not'. And again I could VERY well be wrong.

 

Yes...100%...THAT coin that you sent the link to is without a doubt an SMS nickel but the one I mentioned even though it is MARKETED as an. SMS nickel, it is NOT. Thank you (sincerely) for your reply.

 

Thank you for your reply (sincerely) but my point is that it is MARKETED as an SMS Nickel but it looks liken it is 'not' an SMS nickel.
Also I did but they didn't answer so I will (as I mentioned) be contacting them. I just wanted some other 'thoughts' pertaining to it. Thank you again (also "sincerely").
It just didn't (and doesn't) seem like 2+2 equals 4. But as I mentioned I could VERY well be wrong.lol.
PS (even though I'm not 'writing')...I definitely understand those who do but I personally don't care about the label. I care about the coin being what the label (and the company marketing the coin) states that the coin is. Lol
Thnx again
PPS (lol)...I do have another question because you without a doubt know A LOT more than I do...Is a "Satin" finish the same exact finish as a "Matte" finish?

 

Unfortunately this discussion got off track as the OP does not UNDERSTAD the difference in labeling between a Mint State coin from a Special Mint Set and a Specimen coin struck with a satin surface in some sort of "Special Issue Set."

It appears that the coin he bought (CORRECTLY IDENTIFIED AN LABELED) in the slab is from an inexpensive yearly Mint Set.

 

The 1994-P SMS Jefferson Nickel came from the 1993 250th Anniversary Coin & Currency Set. I have seen all different ways for the TPGs to describe the coin. I have seen NGC put "Coin & Currency" on the label, PCGS put "Jefferson 250th Anniversary Set" on the label, and I have seen nothing but a grade of SP70 put on the label.

The very fact that the coin has been graded MS70 should tell you that the coin is an SMS coin, even if it was graded by ICG. Business strike Jefferson Nickels simply don't go above MS68. So whether they call it "SMS", "Special Unc", or "Satin" it is still an SMS coin from the 250th Anniversary Set.

When you say "but it looks liken it is 'not' an SMS nickel" what do you mean? And why not post a photo of the nickel so that we can give you an informed opinion of the coin?

 

A.....I never purchased purchased the coin.
And
B....I never mentioned that the "COIN" was Mislabeled (labelled incorrectly).
What I did mention was that the 'COMPANY' that is SELLING that coin advertised that coin as being an SMS Nickel but when SMS Nickel (or any other denominations) are from an actual SMS set, when they get graded they ALL have SP in front of the grade...(as in this case SP70) which THIS coin does NOT have on the label. I am NOT questioning the LABEL being correct or not. I have ZERO doubt that it was/is labelled correctly. But the COMPANY that is selling that coin ADVERTISED it as an SMS Nickel. If it was/is and SMS Nickel then it would have SP70 and NOT MS70.
Thank you for your response to my question and please know that when 'I' use capital letters I in NO way am depicting anger or ANYTHING like that but ONLY emphasize THOSE words.

 

PS....No offense meant but I've already lost interest in this topic so thank you again for your input but no need to add anything more.
Thank you again (sincerely)

 

Funny thing. It's a public board. Run by our host, but open to the public.

You don't get to make that decision. Unwatch if you don't care. Oftentimes topics have more people interested than just the OP.

 

Am I reading that coins in Special Mint Sets are "Specimen coins?"

 

So, @Insider is it an SMS coin?

 

That simply isn't true! Even PCGS uses MS69 SMS for this issue sometimes. Other times they use SP69 SMS. It isn't false advertising.

 

PCGS used MS on SMS coins until around 2011/12, when they switched to SP. I think NGC still uses MS.

Apparently NGC does use SP for these 1994-P Jefferson nickels, but not the SMS coins from 1965/67.