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Well I opened some mint sets and looks like the

Type2Type2 Posts: 13,985 ✭✭✭✭✭
High grades for the Jefferson nickel will be from the mint set this year they look good and not Satin Finish. I'll post pic in a bit.



Edit: To add pic.



imageimage




imageimage


Hoard the keys.

Comments

  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Surfaces look superb, but the rims appear to have chatter???
    Collector of Large Cents, US Type, and modern pocket change.
  • ModCrewmanModCrewman Posts: 4,041 ✭✭✭✭✭
    Wow...very nice coins(s)
  • keyman64keyman64 Posts: 15,548 ✭✭✭✭✭
    They look excellent!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭
    Wow!

    Don't forget there's a small possibility you got all the nice ones.
    tempus fugit extra philosophiam.
  • coolestcoolest Posts: 2,281 ✭✭✭
    What do you mean not satin?

    arent all the mint sets satin?
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Very nice, but I too notice the rims... are they really like that? Or is it the picture? Cheers, RickO
  • MsMorrisineMsMorrisine Posts: 36,008 ✭✭✭✭✭


    << <i>What do you mean not satin?

    arent all the mint sets satin? >>




    not any more.


    sweet coins.

    cherry.


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭


    << <i>Surfaces look superb, but the rims appear to have chatter??? >>



    Well yeah but the rest of the coin looks almost perfect. Is it possible the US Mint is using the higher pressure on the coin presses they used for the SF coins? .... for the mint sets?
    If true........we're back to where the best SF coins could be found....the mint sets! In other words, "forget the circulating coins!"
    There will be nothing rare about the uncirculated coins.

    Leo


    edited; forgot the H in where

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • MsMorrisineMsMorrisine Posts: 36,008 ✭✭✭✭✭


    << <i>

    << <i>Surfaces look superb, but the rims appear to have chatter??? >>



    Well yeah but the rest of the coin looks almost perfect. Is it possible the US Mint is using the higher pressure on the coin presses they used for the SF coins? .... for the mint sets?
    If true........we're back to were the best SF coins could be found....the mint sets! In other words, "forget the circulating coins!"
    There will be nothing rare about the uncirculated coins. >>



    They mention on the product page they use a special process to make these::

    United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature a brilliant finish.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    The rims are not that bad it's the pic, No they can't be Satin they don't look like they are. I am going to pick up some more. image


    Hoard the keys.
  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭
    The only value these coins will generate will come from those who submit these coins and create a small population in the report.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Surfaces look superb, but the rims appear to have chatter??? >>



    Well yeah but the rest of the coin looks almost perfect. Is it possible the US Mint is using the higher pressure on the coin presses they used for the SF coins? .... for the mint sets?
    If true........we're back to were the best SF coins could be found....the mint sets! In other words, "forget the circulating coins!"
    There will be nothing rare about the uncirculated coins. >>



    They mention on the product page they use a special process to make these::

    United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature a brilliant finish. >>



    It's not much different in what they had posted for SF coins. I'm glad you posted this info. I do remember reading it here somewhere not too long ago.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • MsMorrisineMsMorrisine Posts: 36,008 ✭✭✭✭✭
    heh heh

    that first one is looking kind of proof like.


    you think NGC would give it a PL designation if you sent it to them?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I was looking at it and they might.


    Hoard the keys.
  • RWBRWB Posts: 8,082
    Well yeah but the rest of the coin looks almost perfect. Is it possible the US Mint is using the higher pressure on the coin presses they used for the SF coins? .... for the mint sets?

    Here is what happened.

    The Philadelphia Plant Manager recommended eliminating the “satin” finish mint set coins. This was due to collector complaints and the extra cost of dies, finishing and production handling. To continue satin coins would have meant higher prices for a product collectors weren’t enthusiastic about.

    While visiting the Philadelphia Mint in May 2010, this came up as a side discussion to the 5oz silver coins and the difficulties of hand finishing dies, and other issues. The suggestion was made to the Plant Manager that collectors prefer normal uncirculated coins in the mint sets. His question was “How do we make them special in some way…” and there was discussion about the current process.

    The PM wanted to use normal coins taken from the large ballistic bags for mint sets. It was pointed out to him that collectors liked coins that were bright, with sharp details and that had a minimum of surface marks. The bagged coins, while bright, also had large numbers of surface scrapes and marks. These were caused by the rough treatment coins got after they left the press, including being dumped to and from large bags and falling through holes in the floor to the counting equipment.

    We examined coins as they came from the press – before they landed into the receiving bin. It was pointed out that these coins were nearly perfect in every way including an absence of abrasion. (Mechanical contact after striking can leave minute surface marks, so even a coin straight from the Schuler quad press might not be perfect.)

    We then discussed how use standard dies and presses, but change post-striking handling to leave nearly mark-free coins. One thought was to reduce the drop height from press to receiving bin. Another involved replacing the metal bins with ones of wood or soft plastic. Yet another was to interleaf thin layers of coins with paper or cloth sheets to reduce abrasive pressure in the receiving bin. Coins would then be transported in the special bins to the assembly area where the sets were assembled by robot.

    It appears that many of these numismatically practical suggestions were followed. I expect that normal Schuler presses are bring used, but possibly with shorter die runs and a bit more power to the stroke.

    A great deal of credit must go to the Philadelphia Mint Plant Manager for listing to collector input about the satin coins, and being receptive to “outsider” suggestions for improvement.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>It appears that many of these numismatically practical suggestions were followed. I expect that normal Schuler presses are bring used, but possibly with shorter die runs and a bit more power to the stroke.
    >>



    Thanks for the information and thanks far more for relaying collector concerns to the mint.

    But three points:

    They've been using higher pressure on special presses set at lower speeds since 1965 to
    make mint set coins.

    There are superb gems every year in mint sets and they run from .1 to 2% of production.

    They also make superb gems most years for circulation but these can be exceedingly rare
    to non-existent and very few survive because coins made for circulation almost invariably
    end up in circulation. For most moderns it's likely not a single specimen survives.
    tempus fugit extra philosophiam.
  • RWBRWB Posts: 8,082
    Collectors should see a much greater percentage of high quality coins in mint sets for 2011.

    There should be no change in the quality of circulation coins obtained through banks....the handling change is the biggest difference.
  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭
    Great info RWB!

    Shows how wrong I was in another thread by Type 2. Now it boils down to how many MS68, MS69 and perhaps MS70 grades we're going to see for business strikes?


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    WoW here is one more I found just nice. image


    imageimage
    image


    Hoard the keys.
  • MsMorrisineMsMorrisine Posts: 36,008 ✭✭✭✭✭
    I notice all 3 are from Denver.

    are you just not finding P or are you just not looking at P ??
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Just looking at 'D' for now and geting a submission completed to send in. image


    Hoard the keys.

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