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<p>[QUOTE="brg5658, post: 1539683, member: 29751"]I don't think what NGC does is confusing at all in terms of the inclusion in the registry sets. And, for the record, PCGS registry sets are the same regarding the 65-67 coins (proof sets) and 2005-2010 coins (circulation strike sets). <b></b></p><p><b><br /></b></p><p><b>What I DO think is confusing</b> is why the term "<span style="color: #ff0000"><b>SMS</b></span>" was ever adopted for the 2005-2010 satin finish mint set coins by NGC. The coins from 65-67 were issued<b> in place of proof sets</b>. They were struck from specially polished dies and some (but certainly not most) exhibit cameo contrast of the devices from the fields. The 2005-2010 satin finish coins were <b>the only coins available via US issued mint sets</b>. Again, they were struck from specially prepared dies, but they have nothing to do with and are not comparable in any way to the 65-67 series bearing the same "SMS" moniker. PCGS is just as confused, as early on they graded the Satin Finish coins using the "<b>MS</b>" designation and a descriptive line "Satin Finish", and then later started using the "<b>SP</b>" designation. At least NGC has always graded the Satin Finish coins with the "MS" designation, and has simply noted on the holder "SMS". All in all, the release of a new satin mint-set finish in 2005 threw both of the TPGs for a loop, and they basically flew by the seat of their pants for a while.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1539683, member: 29751"]I don't think what NGC does is confusing at all in terms of the inclusion in the registry sets. And, for the record, PCGS registry sets are the same regarding the 65-67 coins (proof sets) and 2005-2010 coins (circulation strike sets). [B] What I DO think is confusing[/B] is why the term "[COLOR=#ff0000][B]SMS[/B][/COLOR]" was ever adopted for the 2005-2010 satin finish mint set coins by NGC. The coins from 65-67 were issued[B] in place of proof sets[/B]. They were struck from specially polished dies and some (but certainly not most) exhibit cameo contrast of the devices from the fields. The 2005-2010 satin finish coins were [B]the only coins available via US issued mint sets[/B]. Again, they were struck from specially prepared dies, but they have nothing to do with and are not comparable in any way to the 65-67 series bearing the same "SMS" moniker. PCGS is just as confused, as early on they graded the Satin Finish coins using the "[B]MS[/B]" designation and a descriptive line "Satin Finish", and then later started using the "[B]SP[/B]" designation. At least NGC has always graded the Satin Finish coins with the "MS" designation, and has simply noted on the holder "SMS". All in all, the release of a new satin mint-set finish in 2005 threw both of the TPGs for a loop, and they basically flew by the seat of their pants for a while.[/QUOTE]
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