94 satin finish nickel

Discussion in 'US Coins Forum' started by TheNoost, Nov 5, 2008.

  1. TheNoost

    TheNoost huldufolk

    Got some pics of the rest. Doug, RB says mintage 167,703 of the 94 nickel and 25k for the 97. Are you talking about mintage of the Jefferson sets?
    Pics are the best I can do.
     

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  3. GDJMSP

    GDJMSP Numismatist Moderator

    I was going by memory, thought they were both around 30k.
     
  4. mrbrklyn

    mrbrklyn New Member

    don't tell bones....
     
  5. borgovan

    borgovan Supporter**

    167,703 is the correct mintage for the 2004. I normally see these coins going for $70-$100 raw or MS-69 (no steps.)

    The 2007 is the real ringer, with the 25,000 mintage. I usually see these going for $200 or more.
     
  6. mrbrklyn

    mrbrklyn New Member

    what? These are Mint purchases? I lost you guys here.

    Ruben
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    No that's what they sell for now. The sets, not just the nickel.
     
  8. mrbrklyn

    mrbrklyn New Member

    the proof and Satin Mint sets? They had Nickel sets for a while

    Ruben
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Look at post 21 - that's a set. They had one in '94 and another in '97.
     
  10. jaceravone

    jaceravone Member

    Are you still talking about the 94 and 97 nickels? or the nickels in the current mint sets?
     
  11. mrbrklyn

    mrbrklyn New Member

    21 is the Jefferson Commemorative..
    That was packaged with the Nickel sets?

    Ruben
     
  12. mrbrklyn

    mrbrklyn New Member

    Yah see, I'm not the only one that has lost tract.

    Ruben
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    No Ruben, in '94 & '97 they issued commem sets, each had a nickel, a dollar and $2 bill.
     
  14. mrbrklyn

    mrbrklyn New Member

  15. mrbrklyn

    mrbrklyn New Member

    You mean yes Ruben, but they came packaged with a nickel, dollar and $2 bill ;)

    I gotchya now. But the mint is not making anymore of these matte nickels.
    I know the "mint" sets actually are satin finished? ir is that matte?


    Ruben
     
  16. mrbrklyn

    mrbrklyn New Member

    Fromt the mints website: I don't know why we bother with Proofs anymore..

    uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature the satin finish introduced in 2005. The coins are sealed in a blister and displayed in a folder. One folder contains coins bearing the “P” mint mark and the other contains coins bearing the “D” mint mark.
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter

    edit.. so late to the party... sorry
     
  18. GDJMSP

    GDJMSP Numismatist Moderator


    These two nickels had absolutely nothing to do with the annual mint sets. They were entirely different, issued as part of a special commemorative set, two sets actually, 1 in 1994 and 1 in 1997. They were called Coin & Currency sets and issued as part of the commemorative program.

    And no, matte finish and satin finish are not the same thing.
     
  19. mikenoodle

    mikenoodle The Village Idiot Supporter

    In 1994, the Mint offered a Jefferson Coin and Currency set. It consisted of a Jefferson Commenorative Dollar, a $2 bill, and a 1994 -P Matte finish nickel. When they offered these sets, no mention was made of the matte finish on the nickel, but as collectors started to recieve them, it was notred and the entire 167,000 mintage quickly sold out.

    In 1997, The Mint offered a Botanic Garden Coin and Currency Set. This set included a Botanic Garden Commemorative Dollar, a $1 bill, and a 1997-P Matte finish nickel. These sets were basically publicized that they would contain a 97-P Matte nickel, and would be limited to a mintage of just 25,000. These sets were sold out within hours, and have always commanded a premium around the $200 mark.

    This set triggered many of the household limit policies used by the US Mint in the late 90s to try to allow as many people to order them as possible. A limit of 5 per mailing address was placed on the Botanic Garden set and this "share the wealth" program dealt the Mint their first failure in this regard. Barely more than 5000 actual orders were filled for these 25,000 total sets.

    Interesting to note that this is what influenced the price of the 1999 silver proof set. After this failure of spreading the coins around, the US Mint decided that for the 1999 Silver Proof Sets, that they would again limit purchases and limited them to no more than 2 sets per household and no bulk dealer sales. Consequently, the overwhelming majority of these sets wound up in the hands of collectors and not dealers and IMO, more interestingly, showed what happens when dealers can't get enough of a particular Mint issue. They had to pay a premium to buy regular people's extra sets. Most people quickly became aware of the fact that they were scarce, and held them, which in turn, drove up the price on the secondary market.
     
  20. mark_h

    mark_h Somewhere over the rainbow

    Here is the reverse of my 1994P coin - fullsteps or not? As the reverse is a light golden toned. I can't seem to capture this very good. Saw the other post on lighting and I will definetly have to try something different.

    [​IMG]
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    [​IMG]
     
  21. mikenoodle

    mikenoodle The Village Idiot Supporter

    yes Full Steps. Without any question. It is indeed rare that these coins would NOT have full steps.
     
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