Satin Finish vs. Business Strikes

Discussion in 'US Coins Forum' started by nds76, Jun 14, 2005.

  1. nds76

    nds76 New Member

    The question remains, will there be any premium of single mint set coins compared to the regular business strikes?

    David
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. GDJMSP

    GDJMSP Numismatist Moderator

    There's no way to answer that question - only time will tell.
     
  4. nds76

    nds76 New Member

    GDJMSP, I have noticed that the satin finish coins seem slightly darker and lack the luster that a coin fresh from a roll has. The satin coin fields are impressive, but I feel the business strike coins are more flashy. Just my opinion.

    David
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    The different luster is to be expected. Because of the satin finish the luster is more subdued. Some folks will like this - others will not. It just depends on your taste preference.
     
  6. crystalk64

    crystalk64 Knight of the Coin Table

    I don't think the difference is great enough to warrant a premium. The average collector will not notice the difference if the coins are removed from the package. Those who really compare and study will definitely see the difference. As GDJMSP stated, time will tell.
     
  7. nds76

    nds76 New Member

    Should definately be interesting to see how this plays out. But I gotta say I prefer the regular business strikes just for the fact they're more flashy. The satin finish sorta looks kinda milky smooth if that makes any sense and is just kinda dull looking. I wonder if this is just some experiment that went wrong and if the mint will continue with this new process.

    David
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    From the US Mint's web site -


    And the satin finish is not new either. It's been used from time to time for almost 100 yrs. There are $20 St. Gaudens, Peace dollars, Buffalo nickels - and other coins that have had the satin finish. But this is the first time it has been used on Mint sets.
     
  9. nds76

    nds76 New Member

    How do you all feel about the new finish? Which do you prefer? The satin finish or the regular business strikes?

    David
     
  10. SilverDollarMan

    SilverDollarMan Collecting Fool

    I heard some idiot on SAH, saying that the new sets r handled differently and that there should be a minimum of MS-67 in those satin sets. He also said " U'll never see a bag mark".... Has anyone else heard of this? Thanks

    My Kennedy half, I believe D set, has two reed marks.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator


    Dunno - haven't seen either personally. I've seen the satin finish on the older coins - always kinda liked that because it was different. But in a way I'm a lot like you - I love to see a coin with lots of luster ;)
     
  12. sjnebay

    sjnebay New Member

    Has anyone read about the SMS money-making scheme at NGC?
     
  13. lawdogct

    lawdogct Coin Collector


    that a type of satin finish? or a different thread topic? ;)
     
  14. GDJMSP

    GDJMSP Numismatist Moderator


    I have. I'll agree it is clever marketing, but I don't see where it will change much for them in the number of sets that are submitted - which would translate into more money if it did. For those that haven't read about it - in a nutshell - NGC has decided to slab the coins as SMS ( Special Mint Set ) - much like the '65, '66 & '67 SMS coins.

    Of course it will likely be a short lived designation - for they won't really be special at all if the mint continues issuing the satin finish mint sets in years to come as they say they will.

    For those who wish to read about it - Click Here
     
  15. crystalk64

    crystalk64 Knight of the Coin Table

    Well guys/gals I must back track a bit after giving my mint set a real good eye balling! The Mint has created a whole new set of coins here and with this being the FIRST year for a full set of satins, well I would suggest you brace yourself on where the are going or should I say, gone already. Rolls of these satin buffalo's are already in the $50 to $60 range and this is just the first week. I wouldn't mind buying a roll as there is no way I intend to purchase 40 mint sets. Actually I am already curious as to which coins in the set will escalate in value the quickest as you must give the Mint credit this is a first! I am definitely on a buffalo hunt again so all you guys cut those mint sets open and send the buffalos to me!!! I think we are looking at the lowest mintage coins this year and they are all satin!
     
  16. nds76

    nds76 New Member

    Maybe the mint should have lined the mylar with lace...LOL!!

    David
     
  17. crystalk64

    crystalk64 Knight of the Coin Table

    I think black lace would have been a great effect but almost sure they would increase the price of the set to cover the lace!
     
  18. nds76

    nds76 New Member

    Do you think we'll see separate SMS pricing for these coins along with the regular strikes?
     
Draft saved Draft deleted

Share This Page