Why '98 SMS Kennedy not part of Proof Registry?

Rover

Hi all, I am new to the board. I have lurked here for quite awhile.

I have noticed that the NGC Registry puts the Matte 98 Kennedy in their proof set, while PCGS has it as part of the MS series. My feeling is that it should be part of the Proof series since it was never meant for circulation. However, this would cause a problem with the PCGS DCAM rating of the set. Is this the reason that PCGS doesn't include in the proof series or is there something else I am missing here??

CarlWohlforth

Hi and welcome.

My understanding is PCGS doens't consider the matte finish SMS coins to be proofs. Proof versions were minted those years so it might be weird to have two different kinds of proofs. Well there already are clad and silver proofs. But those are deep mirrored with frosty cameo, not matte finish.

I guess it is just a matter of how you define proof. I think of the SMS coins as proofs.

egsantos

I agree with Carl,
In 1965,66 and 67 the SMS coins was minted using the proof dies that allowed the Cameo and Deep Cameo finishing.
In 1998 was minted in matte finishing, what not is considered CA or DC, or in the other words, not configured as proof coins.

Edson

Steve27

Interestingly, Red Book has it as a proof coin. The reality is that just as the mint indicated, it's neither MS nor PF, it's SMS.

Rover

Would it make sense then to make it an optional coin in both the MS and Proof sets?

Russ

I think technically it would be considered a proof, even though in modern day it's called an SMS. Matte proofs were done in the past.

Welcome aboard, Rover! You appear to be a collector with excellent taste.

Russ, NCNE

Rover

Thanks Russ! The 92-S I got from you last week was very nice. Out of curiosity do you own a '98 sms? I have a few and can't get over how nice they are. The strike is so crisp, especially on the numbers and lettering. My most PQ DCAM's don't compare (sort of an apples and oranges thing I know, but still).

cointime

Rover,

Welcome to the boards. Here is a link to a previous thread that covers this topic a little. It also was answered by BJ. Her answer does not go into great detail, but it is a n answer.

Ken

braddick

Right! The 1998-S SMS Kennedy:

PCGS: Mint State coin, cannot be featured in the PCGS Proof Kennedy Registry.
NGC: Proof coin, cannot be featured in the NGC Mint State Kennedy Registry.

This is what keeps coin collecting interesting.

TWQG

Why not require it in both the proof and MS sets at both registries
They are like the early matte finish proofs like Russ says. I enjoy owning a few matte jeffersons, cause they're pretty.

CarlWohlforth

I like the Matte format as well. I have both Jeffersons. I have an unslabbed Kennedy in an original JFK/RFK set.

Russ

<< <i>Out of curiosity do you own a '98 sms? >>



Rover,

Nope, don't own any. I've seen them, though, in both 69 and 70 and you're right. It is a beautiful coin with amazing finish and detail. It is also the only slabbed coin I've seen where the difference between the 69 graded example and the one graded 70 was actually visible. On the 69 the matte finish was very nice, on the 70, flat-out stunning.

Russ, NCNE

Rover

OK, I am just thinking out loud here but, it seems to me that if PCGS included it in both sets that demand would go up (and probably prices). And as a result more people would want there raw matte JFK's slabbed. Not a bad thing for PCGS.

any thoughts?