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Question about "finishes" in Coin Discovery Set — An Introduction to Coin Collecting

BochimanBochiman Posts: 25,556 ✭✭✭✭✭
Help a brother out....

Link to mint site for set

Looking at this, the price is not out of the ballpark (to get for a YN as a gift), but, in keeping with recent mint traditions, it is, imho, more than it should be for what it gives.
That said, I am looking at the finishes (after the "enhanced Sac", who wouldn't check that part out quickly?), and am a tad confused....

Proof - yep, understand that one.
Uncirculated - yep, got that one understood as well
Circulating - ???? What? Are they tossing in a "used" coin?


Seriously, what am I missing as to how they would classify one as uncirculated and one as circulating for the finish???

image

I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

Comments

  • MarkMark Posts: 3,565 ✭✭✭✭✭
    Given the absolute lack of half dollars circulating, it would be hard for the mint to pitch in a circulated half dollar. image

    But here is a better explanation from the mint: Finishes

    Mark
    Mark


  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭


    << <i>Given the absolute lack of half dollars circulating, it would be hard for the mint to pitch in a circulated half dollar. image

    But here is a better explanation from the mint: Finishes

    Mark >>

    They actually do strike circulating halves. I pick up a roll set every year, just because of the low mintage numbers. image

    In 2011 and 2012, they struck about 3.5 million business strike halves, total, both mints. They strike about 1.5 million in silver, mint and proof sets. Astoundingly low for a (sortofa) circulating coin.
  • MarkMark Posts: 3,565 ✭✭✭✭✭
    Backroadjunkie:

    I did not know the mint actually struck circulating halves. Do any of these actually circulate or is the mint taking advantage of our obsession? I can't recall the last time I received a half in change. I can recall the last time I received a dollar--it was in a Walgreen's about 2 years ago.
    Mark


  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>Given the absolute lack of half dollars circulating, it would be hard for the mint to pitch in a circulated half dollar. image

    But here is a better explanation from the mint: Finishes

    Mark >>



    Ah, I see how they play that wording game.
    To me, the strike and finish are really the same... the end purpose is different.

    Their difference with definitions made sense when they did the satin finish for the unc, but they stopped doing that so really, the finish is the same.
    Another bad job by the mint in doing this as I could really see it causing confusion to new collectors as well.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭


    << <i>Backroadjunkie:

    I did not know the mint actually struck circulating halves. Do any of these actually circulate or is the mint taking advantage of our obsession? I can't recall the last time I received a half in change. I can recall the last time I received a dollar--it was in a Walgreen's about 2 years ago. >>

    Pretty much for our obsession, I think. They never see circulation, unless someone buys from the mint store, cherry picks a few and dumps the rest into coinstar.

    The mint makes them available in rolls and bags on their web site. Scroll down to the bottom of the page. Sold out for this year.

    Kennedy Half Dollars

    However, they struck 2.1 million at Denver and 2.5 at Philly. Since the mint sells in D/P roll sets, and bags have 100 D-mint and 100 P-mint coins, 400K went somewhere...
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭


    << <i>

    << <i>Given the absolute lack of half dollars circulating, it would be hard for the mint to pitch in a circulated half dollar. image

    But here is a better explanation from the mint: Finishes

    Mark >>



    Ah, I see how they play that wording game.
    To me, the strike and finish are really the same... the end purpose is different.

    Their difference with definitions made sense when they did the satin finish for the unc, but they stopped doing that so really, the finish is the same.
    Another bad job by the mint in doing this as I could really see it causing confusion to new collectors as well. >>

    The strike is different, says the Mint:

    "U.S. Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image."
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
  • CameonutCameonut Posts: 7,348 ✭✭✭✭✭
    I buy nothing from the mint anymore. IF I ever find anything I like (99% trash) I will buy on the secondary market. (and no trash like first strikes, woo hoo finishes, etc.)

    I now see that the Mint decided to sell more Baseball Hall of Fame coins - EPIC FAIL.

    Not to mention their website behaves like it is on dial-up.

    New young numismatists will be disappointed with the mint. And this old numismatist has had enough after 60 years - the last 10 being jerked around by those jerks.

    My New Years' resolution is to never never never buy anything directly from the us mint.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭


    << <i>

    << <i>Backroadjunkie:

    I did not know the mint actually struck circulating halves. Do any of these actually circulate or is the mint taking advantage of our obsession? I can't recall the last time I received a half in change. I can recall the last time I received a dollar--it was in a Walgreen's about 2 years ago. >>

    Pretty much for our obsession, I think. They never see circulation, unless someone buys from the mint store, cherry picks a few and dumps the rest into coinstar.

    The mint makes them available in rolls and bags on their web site. Scroll down to the bottom of the page. Sold out for this year.

    Kennedy Half Dollars

    However, they struck 2.1 million at Denver and 2.5 at Philly. Since the mint sells in D/P roll sets, and bags have 100 D-mint and 100 P-mint coins, 400K went somewhere... >>

    In case anyone is interested, the circulating 50 cent coins went on sale today...

    Kennedy 2015 Half Dollar, 2-Roll Set
    Also available in 200 coin bags.

    Mint states they have the 1964 portrait.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>

    << <i>Given the absolute lack of half dollars circulating, it would be hard for the mint to pitch in a circulated half dollar. image

    But here is a better explanation from the mint: Finishes

    Mark >>



    Ah, I see how they play that wording game.
    To me, the strike and finish are really the same... the end purpose is different.

    Their difference with definitions made sense when they did the satin finish for the unc, but they stopped doing that so really, the finish is the same.
    Another bad job by the mint in doing this as I could really see it causing confusion to new collectors as well. >>

    From what I understand, the "Uncirculated" finish coins, intended for the Mint Sets, receive better handling than the "circulating" coins. Higher press pressures might also be possible.

    Wording game? More like a Paying Attention game in that, most folks look at the description and automatically assume "circulated" when is actually says "circulating finish". A for the confusion part, try explaining the difference between a well struck 1966 Kennedy Half and a non-cameo 1966 Kennedy SMS Coin? Same difference as the even the "professionals" (i.e. TPGs), cannot distinguish the difference.

    Did you purchase one of these sets Ron?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!

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