Whats the difference between a satin finish coin and a business strike, how are they issued . When looking at a coin how to tell wethar its a satin finish or a business strike. confused help. Thank you for your answers
I can only answer how they are issued for the presidential dollars. The presidential dollars in the uncirculated mint sets and uncirculated presidential dollar sets (available as either P, D or both) are satin finish. I assume that this is how they will be supplied in the future. The uncirculated rolls and bags obtained from the mint or from banks are all business strikes. For other series like American Silver Eagles, the satin finish is offered somewhat idiosyncratically; one year it is offered, the next not. I'm not an expert in distinguishing them, but a bit of a matte look compared to the smoother and shinier look of the business strike coins. Also, because of special handling, they're likely to be much more free of dings (bag marks).
All of the coins issued in the Annual Mint Sets, or other annual sets like the Pres. dollars, have the satin finish, they are the only ones which do. When the coins are struck using new dies the satin finish is easier to indentify. But as the dies wear the satin finish becomes much less noticeable and the coins look more like regular business strikes. It's kind of hard to describe the difference in the finishes with words, it's something you have to see for yourself. The luster is different - the way the coin reflects light. It's something similar to comparing the way the luster on a BU Morgan looks as compared to the luster on a BU Peace dollar. Once you see a satin finish coin side by side with an ordinary business strike, you'll know how to recognize it.
This is a satin finished lincoln pcgs the differince is in the fields this pic is not the best but i hope it help's
Hi, there is a presidential set for sale at this site that contains all three varieties. You can zoom in to see the set. hsn.com
Amazing that they can sell a set of coins that anyone can acquire for $38.90 from the mint and from your local bank (one proof set $14.95, one uncirculated dollar P&D set $15.95, and 8 business strikes at face value), for $99 just by putting it in a fancy box.
I was'nt telling him to buy them, i just wanted him to see the picture(you can sort of see a little difference between the satin & regular strikes). Alot for packaging, but it looks nice though i guess.