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Question about the 05 Westward Journey Nickel Coin Set
rb7557
Posts: 745
Are the unc nickels satin finish or business strike?
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Usually, if nothing else, somebody at ebay will use the mintages as a selling point. Maybe someone who knows more than us will
step up with some answers.
Gil's WJ thread
Don
<< <i>8halla20 stated that they're satin finish in yesterdays WJ thread. I don't know his source:
Gil's WJ thread
Don >>
Only the mint knows for sure, and they work in mysterious ways.
What's the diff between satin and non-satin, anyway? Which is more valuable for collectors?
<< <i>
<< <i>8halla20 stated that they're satin finish in yesterdays WJ thread. I don't know his source:
Gil's WJ thread
Don >>
Only the mint knows for sure, and they work in mysterious ways.
What's the diff between satin and non-satin, anyway? Which is more valuable for collectors? >>
The mint started using a matte like finish on unc coins last year-it had been used sporadically in the past by them, and is similar to the 'roman proof' finish. The question of value remains to be seen- the satin finish kennedy half included with the RFK commem is highly valued due to its rarity. do a search and you'll find comparison photos -there was lots on this topic when this years mint sets were introduced.
Don
<< <i>
The question of value remains to be seen- the satin finish kennedy half included with the RFK commem is highly valued due to its rarity. do a search and you'll find comparison photos -there was lots on this topic when this years mint sets were introduced.
Don >>
So at this point satin vs. non-satin finishes are no big deal?
I looked at some older satin threads, but nobody seems to have a consensus about what's more valuable to a collector.
This year the Westward Journey Nickel Series™ features a new obverse of Jefferson and two new reverse designs, the "American Bison" and the "Ocean in View." This set includes six nickels, offering both nickel designs for 2005. Included are two uncirculated Philadelphia "P" mint mark nickels, two uncirculated Denver "D" mint mark nickels, and two proof San Francisco "S" mint mark nickels. The coins are sealed in a clear, protective lens.
The above quote is from the Mint website. They use "uncirculated" to describe the mint-state coins in the set. I suspect that they will be true business strikes. Satin finish is a term they have only used in 2005 to describe the 05 Uncirculated Mint sets. The 2004 Nickel sets included business strikes. I guess only time will tell what they use/used. I for one hope they DO NOT use "Satin Finish" coins as they are plentiful in high grades. The true business strikes are non-existant in GEM grades at this point. The difference between the two types is very obvious when a side by side comparison is done. This set may be the only chance collectors/dealers have at obtaining high-grade business strikes. 2005 is truly turning into a sad year for collectors of GEM/ near GEM business strike coins as none/ few have been found. Chris
<< <i>This set may be the only chance collectors/dealers have at obtaining high-grade business strikes. 2005 is truly turning into a sad year for collectors of GEM/ near GEM business strike coins as none/ few have been found. Chris >>
The sets from last year were not that great. I think I had a single MS66 from a set. I think the true sleepers are the Bison and Ocean view Circ coins in high grade. The rolls sucked so bad I simply stopped looking after 50 rolls and only a couple D mint 66 candidates. Wit6h so much open space with the fields and Jeffersons face it is near impossible to find a coin even approaching 65 quality much less 66 or 67. I wonder what a true circ in MS67 would bring on the bay? The pop report shows an MS69 but it must be an error.
<< <i>
<< <i>
The question of value remains to be seen- the satin finish kennedy half included with the RFK commem is highly valued due to its rarity. do a search and you'll find comparison photos -there was lots on this topic when this years mint sets were introduced.
Don >>
So at this point satin vs. non-satin finishes are no big deal?
I looked at some older satin threads, but nobody seems to have a consensus about what's more valuable to a collector. >>
Satin Finish vs. Non-Satin Finish coins are a big deal to some collectors. The problem is that PCGS has not weighted Registry sets. A Satin Finish coin carries the same weight as a non-satin one. The 2005 "non-satin" coins are not only rare in high grades but are costly for dealers to find thus few have been found/made. To add to the problem PCGS has not addressed the issue of business-strike vs. Satin Finish coins. True business strike GEMs will be very valuable in the future if the trend of 05 submissions hold. Chris
My point exactly. I have purchased 9 of this years statehoods in ms69sf and also 5 ms68 business strikes. I am truely irritated that I have to buy 20 quarters to keep my registry set going. I need the sf coins to compete, but I need the business strike coins to have an honest
collection of true "washington statehood quarters circulation strikes 1999 to present." If and when pcgs makes a decision on how the registry is going to be compiled or weighted, I won't have to have to versions of each coin.
I also wanted to mention, tho I am not a collector of slabbed jefferson nickels, I do have an almost complete raw set of these. And some of the nicest ones I've seen of the 04 nicks were in the 04 nickel sets. And that was the reason for this question in the first place. Thank you for the reply's and the link to other threads on this issue.
Roger