Satin Finish/Business Strike

Discussion in 'Coin Chat' started by Tim Davia, Mar 2, 2021.

  1. Tim Davia

    Tim Davia New Member

    Have a couple questions,
    My youngest son was born in 2010 and he is wanting all the coins from his birth year.
    I know that in 2010 there where Satin Finish coins. The value seems to be way less than a Business strike. So were the satin finish coins only put into the full uncirculated mint sets? Ive seen the 2010 P&D rolls of pennies in a box directly from the mint. Were those business strike or satin? Id prefer to get him Business strike

    Thanks in advance
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  3. yakpoo

    yakpoo Member

    As I recall, you had to buy the mint sets to get the satin finish coins.
  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    My 2009 sets are also Satin. I believe this started in 2005.
    Maybe @cpm9ball could help?
  5. yakpoo

    yakpoo Member

    Hmm...I thought they began in 2009, but you're right.

    "It happened for just 6 years and never again.... From 2005-2010 the mint made special coins with handsome satin finishes for inclusion in official U.S. Mint Sets. These "limited editions" were struck using burnished blanks and sand-blasted dies, resulting in beautiful coins with a satin-finish surface."
    Last edited: Mar 2, 2021
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  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    These were also handled differently, bag marks and contact are rarely present. It is not uncommon to find these graded MS68 and MS69.
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  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    P&G is correct. The Mint began issuing coins with a satin finish as the Uncirculated Mint Sets in 2005. The program turned out to be a bust and was discontinued after 2010.

    To get the P&D business strikes from the Mint, you had to order bags or rolls (if available). The reason that these coins are more expensive than the coins from the Satin Mint Sets is because it is much harder to find a high-grade business strike in MS68 or MS69.

    NOTE: The Mint did not sell the business strikes in boxes. Those were provided by a subcontractor.
  8. quartertapper

    quartertapper Numismatist

    I guess I did like the look of the satin finish coins in those six years of U.S. mint sets, but I suppose many who purchased the mint sets to get an example of each coin made for circulation weren't actually getting that anymore. A true purist would probably be disappointed with their products for a few years, and the mint may have even lost a few customers with this decision.
  9. tommyc03

    tommyc03 Senior Member

    Just to add-satin finish started with the California coin and ended with the Hawaii coin. D.C. & territories were not included.
  10. tommyc03

    tommyc03 Senior Member

    The interest, early on with state quarters, was a success for the Mint but started to lose traction towards the end when the Mint announced another round of quarters with the ATB series. Those last years of quarters with a satin finish was a gamble and ploy by the Mint to reignite the consumers interest. (IMHO) But now, can you tell me, is any quarter set complete without both satin and buisness strikes? The Mint has you coming and going with all the extras they drop in at any given time.
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  11. quartertapper

    quartertapper Numismatist

    Good point! I have to admire the simple coin collectors who just grab one of each design! No worrying about mint marks, finish, composition, or varieties, etc. The mint could cool it with its product line for a few years. One quarter design per year...just until I finish the ATB collection from circulation. (I refuse to buy them:happy:)
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  12. John Burgess

    John Burgess Well-Known Member

    the mint set coins are the ones with the satin finish, any other format to get them other than the mint set is the business strike finish, with the exception of the proof coins of course.

    it took me 4 boxes of 2005 P cents to find just one I thought was worthy of a higher than average grade back in 2005, however it's a heck of a gamble sending something like that for grading when a MS67 sells for like $20-$80 and a MS68 is top pop and hasn't sold.

    Meanwhile the satin finish coins from the mint set, thousands graded SP68 or SP69, and a SP70 will sell for $1200 or more.

    I guess what I'm saying is, the business strikes, to get graded, it's a heck of a bet on your grading skills and the line between 67/68 is pretty small. but it's the difference between $20 and.... who knows how much really? LOL

    and that's just the cent, this is repeated over and over again for all those years of the satin finish mint sets,,, and the business strike coins.... nice ones are very few and far between.

    with the satin finish, the majority of the coins sent for grading were coming back 68 or 69.

    So, long story longer, if you want a serious chore to find nice business finish examples, go for it. but you can get slabbed satin finish in 68 or 69 for $20 each or less while the vast majority of the business strikes will grade out to MS65 or 66 if you are lucky, or just not worth bothering to send in.
    Last edited: Mar 2, 2021
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