What's the different?.

Discussion in 'US Coins Forum' started by elaine 1970, Sep 27, 2007.

  1. elaine 1970

    elaine 1970 material girl

    what's the different between blemish satin finish and proof like or specimen set?. anyone?.
     
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  3. Treashunt

    Treashunt The Other Frank

    blemish satin finish

    I presume has been damaged, else why the blemish.

    Proof like is not a full proof surface, as in proof sets. Common among Morgan silver dollars, with different degree of reflectivity.
    Specimen set: I believe was produced by the Canadian mint as special collector coins.
    (Feel free to correct me, if I am wrong.)
     
  4. elaine 1970

    elaine 1970 material girl

    specimen set

    there were other countries also producing specimen set. like the philippines. by looking at it. it looks like proof like and blemish satin finish.
     
  5. COIN STASHER

    COIN STASHER Senior Member

    By chance do you mean "burnished" satin finish coins, like the 2005-2007 mint sets and the 2006 W and 2007 W American Eagle coins??
     
  6. elaine 1970

    elaine 1970 material girl

    yes

    yes it is burnished satin finish. any different with proof like?.
     
  7. elaine 1970

    elaine 1970 material girl

    price list

    why there were two prices for mint set and proof set listed in any coin magazine or price list?. like there is low and high. what you mean by that?. is that low for buying and high for selling?. or is that low for poor quality and high for better?. anyone?.
     
  8. COIN STASHER

    COIN STASHER Senior Member

    I know that the Coin Dealer Newsletter shows both a "bid" and "ask" price for coins in their publication. These are the prices a DEALER bids for, and asks of another DEALER for coins in various grades (eg. XF, AU, MS60, MS63, and higher).
     
  9. hamman88

    hamman88 Spare some change, sir?

    Yes, blemished and burnished are VERY different.
     
  10. Philly Dog

    Philly Dog Coin Collector

    get out the clearasil :eek:
     
  11. elaine 1970

    elaine 1970 material girl

    i need more explanation

    please give more detail and explanation on low and high for mint and proof set on the magazine or price list. thanks.
     
  12. elaine 1970

    elaine 1970 material girl

    low and high

    maybe i will put it this way. for the low. set with dirty box and coa, case with scratches, missing any original things such as without coa or without box, some coins lost luster, with light scratches and with hairlines, coins with black spot, and so forth. for the high. set with completeand clean coa and box, coins were like perfect and shining and brilliant. set like just acquire from the u.s. mint. if i am wrong. just correct me.
     
  13. GDJMSP

    GDJMSP Numismatist Moderator


    What it means Elaine is that there is no price set in stone - the price varies depending on who is selling it. For example, one dealer may offer his sets for sale at $22; another dealer may offer the very same set for $33. Other dealers may offer their sets anywhere in between those 2 prices. So in the magazines they give a high price as $33 and a low price as $22.

    That's all there is to it.
     
  14. elaine 1970

    elaine 1970 material girl

    why only sets?.

    but the other prices were using average price. why only the sets they are doing that?.
     
  15. jef69la

    jef69la New Member

    It gets confusing huh? I know what I did when I got into coins and it has helped me a great deal and that was read! There's some great books out there . In particular I found "The Coin Collector's Survival Manual" by Scott A. Travers very informative and you might want to pick it up. It's a good place to start and addresses all the questions you've brought up and more.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    Ask them if you want a definitive answer. My guess is because there is so much variation in dealer asking prices.
     
  17. elaine 1970

    elaine 1970 material girl

    question again?.

    will it be a set is better condition than the other?. example: like one set is just like being bought new from the mint. everything intact. the other set is like second handed with dirty boxes, missing coa, toned coins. and so forth. tell me......
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    To a degree that's part of the reason. But the main reason is that with sets you are dealing with several coins - not 1 coin. With 1 coin you see all sorts of price ranges depending on the grade of the coin, yes ? Well, with sets there is no single grade because there are several coins. So when listing values for sets they give a high and a low for that reason. Rather obviously not all sets are equal, some are nicer than others. So the nicer sets sets sell for around the high price and the not so nice sets sell for around the low price. Just that simple.
     
  19. elaine 1970

    elaine 1970 material girl

    continue.....

    but if we sell it to the dealers. maybe they don't classify that way. everything might be the same what they want to pay us. usually at low end.
     
  20. elaine 1970

    elaine 1970 material girl

    comparison

    what is the different between silver dollar before world war II as a proof coin and modern uncirculated dollar as satin finish?. they just look alike to me.
     
  21. elaine 1970

    elaine 1970 material girl

    different

    is there any different between mint direct shipment to customers (250 coin per box) and the $1,000.00 per box which we get it from the bank?.
     
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