2007 US Mint Sets
wondercoin
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Does anyone see where the US Mint has clearly stated that 2007 US Mint sets will contain Satin Finish coins?
Wondercoin
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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Link
Tim
Link
which states "for all future years".
Wondercoin
Now they callously call Satin Finish mint sets uncirculated. And yes they are uncirculated, but so are proofs. Any coins not put into circulation can "BE" called uncirculated. But that was not the original reason for which the phrase was intended.
Lets be serious and admit that calling SF coinage uncirculated is STUPID, since they are NOT released for the purpose of circulation.
I could not agree with you more. Satin Finish coins are not that same as Business ( circulation ) strike coins and should not be allowed in circulation strike registry sets. They should be allowed in the variety sets or sets that allow proof and ciruclation strikes. Even the U.S. Mint states that they are not the same. These are quotes from their press release and their Coin Term Glossary.
"The United States Mint Uncirculated Coin Set contains a complete set of 2007-dated coins from the United States Mints at Philadelphia and Denver. These coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature the satin finish introduced in 2005."
"Special presses using greater force than circulating coins, producing a sharp, intricately detailed image"-----------
UNCIRCULATED: At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force, early strikes from dies, special cleaning after stamping, and special packaging.
" special coining process used to make the coin, which gives it a satin finish. with quality enhancements such as slightly higher coining force, early strikes from dies, special cleaning after stamping, and special packaging"---------------------
BUSINESS STRIKE: a coin produced for general circulation (as opposed to a proof or uncirculated coin specially made for collectors).
I would like PCGS to rethink their decision on Satin Finish coins in Circulation Strike Sets. The highest PCGS graded Washington Dollar in Circulation Strike is MS67 and there are very few of them. Then the Satin Finish coins come out and they will probably grade MS68, MS69 or MS70 which then becomes the top grade. A circulation strike can not compete with a coin that recieves quality enhancements, higher coining force, early die strikes, special cleaning after stamping.
Just my view.
<< <i>Dan
I could not agree with you more. Satin Finish coins are not that same as Business ( circulation ) strike coins and should not be allowed in circulation strike registry sets. They should be allowed in the variety sets or sets that allow proof and ciruclation strikes. Even the U.S. Mint states that they are not the same. These are quotes from their press release and their Coin Term Glossary.
"The United States Mint Uncirculated Coin Set contains a complete set of 2007-dated coins from the United States Mints at Philadelphia and Denver. These coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature the satin finish introduced in 2005."
"Special presses using greater force than circulating coins, producing a sharp, intricately detailed image"-----------
UNCIRCULATED: At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force, early strikes from dies, special cleaning after stamping, and special packaging.
" special coining process used to make the coin, which gives it a satin finish. with quality enhancements such as slightly higher coining force, early strikes from dies, special cleaning after stamping, and special packaging"---------------------
BUSINESS STRIKE: a coin produced for general circulation (as opposed to a proof or uncirculated coin specially made for collectors).
I would like PCGS to rethink their decision on Satin Finish coins in Circulation Strike Sets. The highest PCGS graded Washington Dollar in Circulation Strike is MS67 and there are very few of them. Then the Satin Finish coins come out and they will probably grade MS68, MS69 or MS70 which then becomes the top grade. A circulation strike can not compete with a coin that recieves quality enhancements, higher coining force, early die strikes, special cleaning after stamping.
Just my view. >>
The mint has used virtually the exact same process to make mint set coins
since 1965. Until they started plating the dies in 2005 there was no way to
to positively differentiate mint set coins from any other in all cases. Even PL
coins appear in circulation and on rare occassion circulation issues exceed
not only the average mint set quality but the finest mint set quality.
I would maintain that the SF coins are not wholly distinct from circulation
quality and both should be required for registry sets. Most collectors will
probably collect both so why shouldn't the registry require them?
<< <i>I would maintain that the SF coins are not wholly distinct from circulation
quality and both should be required for registry sets. Most collectors will
probably collect both so why shouldn't the registry require them? >>
Here we go again...another longest thread....
My Registry Sets
No matter how I tried to phrase it, they would not agree to a "Satin Finish" coin coming out in the uncirculated mint sets.
So I got a supervisor...(That was a big help.. :-)
I could only get an agreement that the same minting process that was used in the 2006 sets was to be used again.
Most business's would want the people on the phone to know what they are selling!
Go figure...
They are being released tomorrow at noon. (10/9/07)
Bottomline...
The Satins are coming..The satins are coming..
Heaven help the Presidential Dollars. They are going to get these satins, like it or not.
Up until now, we have only watched the other sets fight the things.
Gardnerville, NV
=========================
Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
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<< <i>Most business's would want the people on the phone to know what they are selling! >>
But remember they have a lock on the coin business. Theres no need for them to worry about losing customers to another minting processor.
Box of 20
Later, Paul.
Later, Paul.
Michael
My Washington Type B/C Set
69s will not come easy. P minted coins are the worst. Most all P denominations look like they had a tiny man with a tiny axe wacking on the coins. Very poor qualtiy to say the least. When you do find a nice coin it takes 10 minutes just to get it out of the packaging. I looked at 20 sets (560 coins) and only pulled out 10 for grading and I am sure they all won't be 69s. I must be nuts!
Michael
It's INSANE with quarters...
Circuluation strike x 5 states x 2 mints
Satin Finish x 5 states x 2 mints
Proof Clad x 5 states
Proof Silver x 5 states
That's 30 coins per year! At $10 each for grading services, that's $300 alone in PCGS fees at the bulk rate. Stop the insanity!
The grading services should label them SP not MS.
SF describes the look of the coin not the approach to minting.
SP is better than SF.
SF does not even describe the look of most of the 2007 coins I have seen.... very disappointing!
<< <i>Got several hundered 2007 mint sets delivered. Denver is the highest quality and Philidelphia is much tougher. Clearly satin finish again, the quality overall is no better and perhaps even worse than 2006. My prediction a set of SF69 will be a bit tougher than 2006 and there may be SF70 coins for the dollars and half dollars but the rest look like SF 69 could be tops. 22 coins this year! dr >>
Doug, i guess yours look better than mine. 600 sets and about 10 total state quarters with any chance of a 69 grade - even 8's would be far and few between. no chance for any 70 grades in any of the coins. A few P pennies may 9 and no D's even close. Very few sacs at 9 level and very few Pres dollars and 95% was just one pres. A few D dimes may 9 and no P's. Zero Nickles will 9. Did anyone else have similar sets with these preliminary results?
(and we have "hunted" out all of the very best business strike $1 coins thus far for 07), we need to do the same on SF $1 pieces. So, we are also "knee deep" into the sorting of 07 Mint sets here as well.
What a major disappointment in the quality of these sets - especially the Presidential dollars. Every hundred SF coins or so yields a decent piece or two worthy of submission. I think we may all have a new appreciation for SF "hunting" by the time 07 is over I am afraid. But, there could be worse things I could be doing all day besides looking at these sets!
Wondercoin
Justin's Presidential Dollar Set
<< <i>Justin's Presidential Dollar Set >>
Great Set
Should be fun filled 2007 Satin Finish year,
<< <i>
<< <i>Justin's Presidential Dollar Set >>
Great Set
Should be fun filled 2007 Satin Finish year,
As long as there is a challenge I will probably build one. I don't really care to build one when there are 5+ perfect sets already lol.
Check my ebay BIN or Make Offers!!
We've been through over 100 sets and I have to agree with your assessment of every denomination. I don't see any 70's personally and the P-25c are not something easy. A lot of coins that have been cheap for '05s or '06s are now going to be very expensive to make. Lincolns are at the top of that list of surprises on poor quality!
I think we're a little behind you as we haven't been through 600 yet, but we have our first orders submitted. We'll see what everyone gets real soon and can compare notes.
We're swimming in mint sets, so better get back to it.
<< <i>
<< <i>
<< <i>Justin's Presidential Dollar Set >>
Great Set
As long as there is a challenge I will probably build one. I don't really care to build one when there are 5+ perfect sets already lol. >>
Zach, there might only be (4) 2006 perfect sets now as ours is retired. While it may look "easy", it's not inexpensive to do. It could take over 1,000 mint sets to find some of the tougher coins. Fortunately for the people with perfect sets, they did it when all the coins were available. Now it is a lot more difficult to do.
<< <i>We're swimming in mint sets, so better get back to it. >>
It must be nice, as I have ordered a lowly 6 sets and still have not received them.
Later, Paul.
Later, Paul.
Sometimes I wonder how they decide who to ship first. Don't feel bad as it seems to be the luck of the draw sometimes.
So, who will produce the great coins this year? Will it be...
1. Coinfame and his "secret weapon" sorter?
2. Mas and his crew?
3. Datentype and his crew?
4. Doug?
5. Wondercoin and "the kids"?
6. ???
Who's playing hard?
Wondercoin
<< <i>So, finally in 2007, we may get to see who is the very finest "hunter" out there. It makes little sense to submit whole sets to PCGS as the waste factor would be enormous. This is pure "down and dirty" careful screening here.
So, who will produce the great coins this year? Will it be...
1. Coinfame and his "secret weapon" sorter?
2. Mas and his crew?
3. Datentype and his crew?
4. Doug?
5. Wondercoin and "the kids"?
6. ???
Who's playing hard?
Wondercoin >>
Mitch,
I know CA is a liberal State, but what are the "Child Labor Laws" out there, I just want to make sure the little ones get paid and you are not taken advantage of their young eyes. Do they get Dental Insurance, paid holidays?
Tim
<< <i>
Zach, there might only be (4) 2006 perfect sets now as ours is retired. While it may look "easy", it's not inexpensive to do. It could take over 1,000 mint sets to find some of the tougher coins. Fortunately for the people with perfect sets, they did it when all the coins were available. Now it is a lot more difficult to do. >>
Seth,
I agree 100%. It would be a lot more difficult to build now than it was when those coins were around and fresh. But IMO, there were enough top pops to allow that many sets to be built for 2006. I personally prefer years where the top pops are a little more difficult to obtain. It never hurts to have a couple keys in high grade. For the 2006 set, every single top pop coin is a pop of 20 or more making it possible for everyone to build a set given enough money. In earlier years however, there are many top pops where they might only be 2 or 5 in a grade. This makes it much more fun and challenging IMO.
Not taking anything away from making those top grades as I know they are difficult.
But I do still have about 100 sealed sets for 2006 that I will look at here one day. Until then, happy hunting on the 2007's.
Zach
Check my ebay BIN or Make Offers!!
By the way, don't tell anyone, but the 2007 Kennedys look great - perhaps some of the nicest coins in the entire 07 Mint sets. The "69's should be flowing! 70's will be the "money coins" I suspect. Now, the nickels.... that is another story.
Wondercoin
<< <i>Okay guys, then it's on. The battle for the title MPH is up for the grabs "Most Prolific Hunter"
The "Secret Weapon" respectfully requests the title of "Most Prolific Huntress".
No fair - you've got a Woman on your team!
Now, when you want to search some more - you say "honey, we need to win the MPH award - let's stay home tonight and work on these coins.
Meanwhile - I need to deal with - get out of that office and see the Sun - you've missed seeing it all week long now.
Wondercoin
I have a good tan, but lately it's mostly from the sun lamp on my desk.
Happy Hunting
Wondercoin
You can get a great tan this way !!!!!
<< <i>Plenty of neat D mint coins found today and very, very few neat P mint coins >>
I still think there will be a small percentage in 69 grade from the D mints. Maybe 1% if the grading standards are like past years and 0% for some denominations.
The fifth president for the year, Ms. Sacagawea looks real nice occasionally but still at most 2% 9's IMO.
Wondercoin
Wondercoin
Out of (2500+) 2006 mint sets, I saw plenty of close candidates for MS70 and have not seen anything yet that would lead me to jump up and down about a potential 70. I think it could happen, but I would need to see the coin. I remember in 2005 that BRC made a lot of 70's after submitting 1000's of mint sets. I'm sure we could pick at most of them and come up with a 69 or two that look the same or better.
<< <i>Mitch,
Out of (2500+) 2006 mint sets, I saw plenty of close candidates for MS70 and have not seen anything yet that would lead me to jump up and down about a potential 70. I think it could happen, but I would need to see the coin. I remember in 2005 that BRC made a lot of 70's after submitting 1000's of mint sets. I'm sure we could pick at most of them and come up with a 69 or two that look the same or better. >>
We didn't submit 1000's of mint sets. We submitted the best coins out of 1000's of mint sets after I screened them. I think an MS70 is possible this year albeit a long shot. Watch the D mint kennedy's closely.