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Message:: [QUOTE="lawdogct, post: 58952, member: 1476"]Don't worry about sounding naive or gullible, we all start collecting coins at the same point, the begining <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> The SP designation does refer to a satin finish, but the technique has been around and used by the mint for many many years, just not that often.  The twist here is that the US Mint has replaced the standard uncirculated mint coin sets with sets of satin finished coins.  All the sellers and marketers are still scrambling to name this new type of set.  The most common notation for it is SP, meaning Satin Proof, which is an erroneous name as by definition these are not proof coins. Check out the usmint.gov website for more information and click <a href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?storeId=10001&mpe_id=10103&jspStoreDir=ConsumerDirect&productId=10643&intv_id=10053&evtype=CpgnClick&langId=-1&catalogId=10001&ddkey=ClickInfo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?storeId=10001&mpe_id=10103&jspStoreDir=ConsumerDirect&productId=10643&intv_id=10053&evtype=CpgnClick&langId=-1&catalogId=10001&ddkey=ClickInfo" rel="nofollow">HERE</a> for a direct link to info on the satin finish sets.[/QUOTE]