Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Could the TPG's have all the nice coins?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1875568, member: 112"]I think they are as loose or worse they were. Over the years it's proven to be a progressive standard, getting more and more loose as the years pass.</p><p><br /></p><p>But do you understand why the first satin coins were nicer ? Money, it cost money to produce dies. With the satin coins the mint soon discovered a lesson they had learned many years ago with Proofs. That being that if they wanted the desired finish, they had to use more dies because the satin finish wore off quickly - just like the cameo finish does. That caused them to spend more money than they wanted to on dies. So in succeeding years they began striking more coins with each die set, that caused more lower quality satin coins to be produced.</p><p><br /></p><p>The mints goal is not to produce the highest quality coins they can, they are a business and their goal is to make money.</p><p><br /></p><p>A lot of folks try to use the reasoning that the explanation for all the higher grade coins from the TPGs in recent years is because the mint has done something miraculous and started producing higher quality coins. They choose to believe that explanation because they don't want to believe the other one - that the TPGs have merely loosened their standards. The lower quality satin coins after the first year, pretty much proves that the former explanation is not correct, and the latter is.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1875568, member: 112"]I think they are as loose or worse they were. Over the years it's proven to be a progressive standard, getting more and more loose as the years pass. But do you understand why the first satin coins were nicer ? Money, it cost money to produce dies. With the satin coins the mint soon discovered a lesson they had learned many years ago with Proofs. That being that if they wanted the desired finish, they had to use more dies because the satin finish wore off quickly - just like the cameo finish does. That caused them to spend more money than they wanted to on dies. So in succeeding years they began striking more coins with each die set, that caused more lower quality satin coins to be produced. The mints goal is not to produce the highest quality coins they can, they are a business and their goal is to make money. A lot of folks try to use the reasoning that the explanation for all the higher grade coins from the TPGs in recent years is because the mint has done something miraculous and started producing higher quality coins. They choose to believe that explanation because they don't want to believe the other one - that the TPGs have merely loosened their standards. The lower quality satin coins after the first year, pretty much proves that the former explanation is not correct, and the latter is.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Could the TPG's have all the nice coins?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...