will there be no more satin cents and do they rangefrom 2005 till 2010 should i buy an extra page for my dansco for them?
to answer all 3 of your questions: 1) there will be no more satin finish coins 2) 2010 was the last year so yes, 2005-2010 is inclusive 3) I think that if you feel the satin coins in the album will make your set more complete, then by all means do so. There is no right or wrong way to do it and that freedom to do it as you wish is part of the fun of the hobby.
Wish an Album had statin slots. But these are some of the lowest mintage Lincolns. All less then the 1914-d and 12 coins less then the 1931-s. 1909-s VDB 484,000 2010 p-d 527,742 still more to come maybe not many if they stop with new 2011 Mint sets. 2008 p-d 754,755 2009 p-d 774,844 1931-s 866,000 2007 p-d 907,268 2006 p-d 934,360 2005 p-d 1,160,000 1914-d 1,193,000 1909-s 1,825,000 Of the Statin sets I prefer the 2009. as you get 8 cents and they are copper and four type coins.
The 1909s V.D.B. 1914d and 1931s were intended to and did circulate. These special mint coins were not and may never command very high premiums.
Fifty, correct they may never command a premium. But back to my thinking and I was thinking alot about these UNC sets and just the one cent coins. the 2008, 2009 and 2010 are all special(In case a statin may command a premium someday) The 2010 will most likely have the lowest mintage and a one year type coin the Shield. The 2008 is the lowest Memorial cent. And I've spoke of the 2009 enough.
k... time to debunk something that I hear Mike Meszack say all of the time and that is: "The number 1 determining factor in value is rarity!" Complete and utter nonsense! The number 1 determining factor in value is demand. I can list dozens of coins with mintages under 100,000 coins that are all worth less than $100. They are indeed somewhat rare by coin standards (lower than 10,000 would be closer to rare as far as coins go, but either way...) not sought after. These satin coins are available by the truckload in HIGH-END condition. What does that mean? That means that anyone who wants one can have an example in high-end MS. This is not now, nor has it ever been true of 09-S VDBs, 14-Ds, etc. Those coins circulated and as such exist in a variety of conditions from AG-MS. What's more important is that people actively seek these coins every day. Simple economics shows us that when demand for an item is more than the supply of an item, then the price will rise in the marketplace. Satin coins do not have this kind of market pressure because the marketplace is saturated with them. Anyone who wanted one could have ordered it from the Mint. Speculators have stocked up and for quite a long time from now the supply will be far greater than the demand and in such, will keep the value of these coins low whether they have a super-low (even if only by modern standards) mintage.
My 2 cents Yes but don't hold your breath! my pg was $6.99 & free shipping one day a 2005-P&D-2010-P&D SP-67&68 will be worth something like what the early matte wheat are now.but we will most likely be long gone by then.cent will be gone too.since everything is going to debt cards and a cashless&coin less world. :foot-mouth: but it won't be my 1st time
Most of the satin coins are SP-67 and higher. And the fact is that never, ever will they be worth even a fraction of the matte wheats, period. Not even in SP-70. The matte wheats have mintages below 2500 coins, most under 2000. The satin finish coins all have mintages over a million.
When the satin finish was introduced in 2005, I purchased 20 Mint Sets. As I went through a few sets, examining them first with a loupe and then with the stereomicroscope (Yeah, I can be picky like that!) my grading estimates for all coins went something like this......70, 70, 70, 69, 70, 70, 70, 69, 70, 70, 70, 70, 70, 69, 70, 70, 70, 70, 70, 69, 70, 69, 70, 70, 70, 69, 69, 70, 70, 70. That's when I put those that I had already placed in flips into storage boxes, put the other sets that I hadn't examined into another storage box, and they've been sitting there ever since. The next thing I did was cancel my subscription for the Mint Set. Chris
the 2009 Mint set are about $34. spend the $14 dollar half & quarters. Save the nickle dimes and 8 copper cents for $20. getting the copper cent for $2.50. Also keep the free low mintage 2009 nickel & dime. The lincoln is number one coin collected in the world. And the Mike saying "The number 1 determining factor in value is rarity!" Helps in creating demand.
who would have the blank page for dansco album cent least expensive found it on ebay for 5.71 and i need two one for me and one for nephew
I would suggest that value is a function of demand and availability. Availability is interesting...population (rarity) is one factor and demand (or what I like to call Collector Base) is another...but let's not forget about distribution. Evidence suggests that coins, or sets of coins, which are more widely distributed are less likely to come to market at lower prices. With modern coins, the "One per Household" distributions seem to do better (pricewise) over time regardless of the final mintage. Folks seem to be less willing to sell if its their only one (imho).
Mezak's canned statement is that the number one factor determining value is CONDITION not mintage (or demand). Nobody knows what the demand of these 2005-2010 satin coins will be in the future. Often the coins that are disregarded or even frowned upon now are the ones that people gain interest in later on. These sets are quite cheap now (except the 2008) and many are rejoicing the decision to stop producing the satins. Because they did not circulate, they will likely never be on par with the key wheats noted earlier, but who knows what the future holds for these. TC
I see... and... I was wondering... A. What the difference is between these two processes/appearances and B. Which dates of Matte and Satin finish coins were produced between 1907 and 1997. I'm familiar with the 2005-2010 Satin Mint sets and the 1997 Matte finished Kennedy half...but I'm lost after that. It might be interesting to put together a full set of these coins...provided they're not prohibitively expensive.
You can think of the different surface finishes on coins like different types of paint. It's really just a matter of reflectivity. In order, from the lowest finish to the highest finish - lowest is - matte then satin then business strike highest is - Proof That's really about all there is to it. Now, I know of know way to effectively describe the differences in the finishes with words other than to say that one has a higher degree of reflectivity than the next. To understand it, you need to see with your own eyes 2 coins of the same type where each has a different finish. The best examples, and the easiest to obtain, I know of where you can do that are the '94 nickels and the '97 halves. But with both of these there is no satin finish, only matte, business and Proof. You would have to use examples from the satin finish Mint Sets to compare to them. But if you do, make sure that you use examples that actually have the satin finish as many of the Mint Sets were struck with worn dies where the coins ended up having little or no satin finish at all.
Thanks Doug! I thought there may have been a difference in the die preparation process between the Matte and Satin finishes...guess not. It's interesting to hear that some Mint sets have Satin finish coins with no Satin finish. Does this mean that some of the "worn die" coins may pass as UNC when submitted to NGC or PCGS? I'll have look around to see what other post-1907 issues were made in these finishes. A full set (if obtainable) would be fun to put together. Regards, Tom.
Sorry if you misunderstood, but the surface finish of any coin is due to die preparation. That is also why when the die wears that the satin finish coins do not always have a satin finish and why not all older Proofs are cameo.
