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what do you think of the new mint sets?
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<p>[QUOTE="cladking, post: 52624, member: 68"]Mint set coins are struck on the old vertical single presses under higher pressure and with new dies. These presses are run more slowly and then the coins are washed and dried. The circulation issue coins are struck on the new horizontal quad presses and the coins are handled by automatic equipment into large bags which are shipped nation-wide and to a few territories and foreign countries. A small percentage are transferred at some point to be wrapped for sale to collectors by the mint. </p><p><br /></p><p>While the processes are much different the mint set coins are merely much more likely to be a high quality than the regular issues. There is no difference between a perfect mint set coin and a perfect regular issue coin. If you have a small quantity of each type though, the differences will be astounding. </p><p><br /></p><p>The mint has only announced a change in the way the dies will be prepared for the mint set coins. They willl be sandblasted and then chrome plated so that these dies will make coins with a little texture like matte which they refer to as "satin finish". Unless other changes are also made then these will have the same problems with planchet flaws, striking errors, and marking that the earlier mint set coins have had. </p><p><br /></p><p>In the past only about 2% of mint set coins have been very choice (gem) and the rest are usually riddled with problems. Since perfect coins were rarely made for circulation and few ever even looked for them, about the only source for gems were in these mint sets. </p><p><br /></p><p>In recent years quality of all mint output has improved and far more people are spending far more time checking circulating coinage for gems. This means that more gems are being produced and saved. Still though, circulation issue gems are in some cases essentially non-existent so if all coins' origin can be known then it will be much more complicated to collect or speculate in these coins. Imagine if only a few thousand of a states issue are made in gem for mint sets and then you'll still need a gem regular issue coin. This also could serve to make collecting either or both more fun and will lead to a charge on the banks for coins to check for nice specimens.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 52624, member: 68"]Mint set coins are struck on the old vertical single presses under higher pressure and with new dies. These presses are run more slowly and then the coins are washed and dried. The circulation issue coins are struck on the new horizontal quad presses and the coins are handled by automatic equipment into large bags which are shipped nation-wide and to a few territories and foreign countries. A small percentage are transferred at some point to be wrapped for sale to collectors by the mint. While the processes are much different the mint set coins are merely much more likely to be a high quality than the regular issues. There is no difference between a perfect mint set coin and a perfect regular issue coin. If you have a small quantity of each type though, the differences will be astounding. The mint has only announced a change in the way the dies will be prepared for the mint set coins. They willl be sandblasted and then chrome plated so that these dies will make coins with a little texture like matte which they refer to as "satin finish". Unless other changes are also made then these will have the same problems with planchet flaws, striking errors, and marking that the earlier mint set coins have had. In the past only about 2% of mint set coins have been very choice (gem) and the rest are usually riddled with problems. Since perfect coins were rarely made for circulation and few ever even looked for them, about the only source for gems were in these mint sets. In recent years quality of all mint output has improved and far more people are spending far more time checking circulating coinage for gems. This means that more gems are being produced and saved. Still though, circulation issue gems are in some cases essentially non-existent so if all coins' origin can be known then it will be much more complicated to collect or speculate in these coins. Imagine if only a few thousand of a states issue are made in gem for mint sets and then you'll still need a gem regular issue coin. This also could serve to make collecting either or both more fun and will lead to a charge on the banks for coins to check for nice specimens.[/QUOTE]
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