what exactly is a specimen coin?

Started by lacey, October 07, 2012, 07:10:59 PM

Previous topic - Next topic

0 Members and 0 Guests are viewing this topic.

lacey

i see so many sellers on ebay, selling single coins and saying they are either UNC or specimen but all out of a mint set.  I always thought out of mint set, it's UNC.  Out of proof set, it's proof. So what exactly is a Specimen?

Pardon me if I have asked this before.  I have a short memory

Mister T

I thought that a specimen was a regular circulation coin that is struck with extra pressure and or struck more than once.
As I understand it, uncirculated specimen coins are found in uncirculated sets.

chookcity

They used to call the coins in the wedding sets specimen coins. It appears most mint set coins are not specimen coins but selected from coins minted for circulation.
Here for a good time, Not a long time.

markn

A specimen is not a grade, it's a method of manufacture.  Specimens used to be carefully handled and struck regular circulation issues that were kept for mint records or as special presentation pieces.  I guess they still strike specimens for mint records but also for general release (as the wedding sets used to have).  Specimens, like those in the wedding sets do not neccesarily use specially prepared planchets or they'd be called proofs.  But they might be struck multiple times and are handled carefully just like proofs.  Some specimens from earlier times could really be called proofs, so I guess the definition is a little fuzzy around the edges.
Founder: Australian Coin Forum
The Australian Coin Collecting Blog

Australian coin

To break it down, modern coins which you see on eBay from “mint sets” are specimens (I think that mint sets in sealed packaging came out in 1984? Then onwards)
Mint set coins (known as specimens â€" when sold individually) are in fact as markn and others said, pressed in the minting press several times to created a clearer image on the coin, and probably has more pressure in the press too.
These coins should have no marks on them as they are handled with gloves at the mint.

Specimen can mean anything from an example of a coin, to how it was manufactured and presented in packaging. Everyone has there own meaning, so I would not take the word of people on eBay. Take the time to learn coins, the years they were made and what the mint released.
Some people sell coins that were taken from circulation as Uncirculated, and even try to palm them off as specimen, be very careful.

Graham

Quote from: 'Australian coin' pid='1298' dateline='1349656111'To break it down, modern coins which you see on eBay from “mint sets” are specimens (I think that mint sets in sealed packaging came out in 1984? Then onwards)
Mint set coins (known as specimens â€" when sold individually) are in fact as markn and others said, pressed in the minting press several times to created a clearer image on the coin, and probably has more pressure in the press too.
These coins should have no marks on them as they are handled with gloves at the mint.

IMHO
a) Mint sets are not specimen.  
b) Taking them out of the mint packaging does not thereby make them specimen.
c) mint sets are not pressed several times. You only have to look at the quality of the coins to see that.
d) I don't think that what Markn and others were saying.
c) I don't think Markn said mint sets are specimen coins.

purplepennyhunter

Early Mint Sets were supposed to contain specimen coins. I don't know when that changed (early 80's?). What we know as a Mint set now do not contain specimen coins and if you look closely at their quality they don't really prove to be any better than circulation coins from rolls. Same as say a coin from a PNC or a carded 50c, just an unc coin. Coins in wedding sets pre 2010(?) are real specimens, you can see that in their quality.
Co-Founder Australian Coin Forum

Graham

If you want a specimen coin, buy the Wedding sets (the ones before the RAM ruined them by going proof.  I believe them to be sleepers and VERY cheap.  I recall one of the sales persons at the RAM trying to convince a purchaser that the coins were proof.  When I gently pointed out the were in fact 'specimens', he told me he was a RAM employee and knew what he was talking about.  I simply turned over the package, showed him the 'RAM blurb' and told him that he didn't.

markn

Sorry AC but mint set coins are rubbish.  Definitely not specimens.  Supposedly mint sets up until the early 1980's were specimens but there doesn't seem to be any concrete information confirming or denying this.  Other than wedding sets pre 2010 the only circulation design coins that I'm sure are specimens are 1970 Cook 50c in plastic cases..
Founder: Australian Coin Forum
The Australian Coin Collecting Blog

markn

Quote from: 'Graham' pid='1308' dateline='1349663388'When I gently pointed out the were in fact 'specimens', he told me he was a RAM employee and knew what he was talking about.  I simply turned over the package, showed him the 'RAM blurb' and told him that he didn't.

:scratch_one-s_head:You'd think an employee would have at least read the back of their own product.

The reading I have done suggests that specimen and proof used to be used pretty interchangeably, I don't think that can be the case these days.
Founder: Australian Coin Forum
The Australian Coin Collecting Blog

Australian coin

Had a looksee at the RAM page and they don’t make modern specimen coins, they make UNC.

Uncirculated (UNC)
Uncirculated coins are manufactured in much the same way as circulated coins except for the following:

More attention and time is given to the preparation of the die surface finish,
The coins are struck with greater pressure than the circulating coins to improve the sharpness of the design.
More care and attention is applied at each step in the coining process to minimise damage, consequently a much lower production rate of about 30,000 coins per press per day is achieved.
Uncirculated coins are packaged individually into plastic sleeves, presentation folders or occasionally presentation cases.

Well there you go.

lacey

OK That's pretty much how I see it too and I definitely agree with this - c) mint sets are not pressed several times. You only have to look at the quality of the coins to see that.

I have often wondered how sellers can say a coin is a specimen, when they have taken it out of a mint set.  Some of the coins I can see in my mint sets are terrible.  On the other hand, the Wedding Set coins are beautiful.  I wonder who the RAM asked about changing the Wedding Sets to proof coins?  They sure didn't ask me.


Thanks for the replies.

markn

Quote from: 'lacey' pid='1317' dateline='1349674808'I wonder who the RAM asked about changing the Wedding Sets to proof coins?  They sure didn't ask me.

Or me.  The Wedding set coins were  the most beautiful decimal coins around IMHO and something distinctly different from the rest of the RAM detritus they are pumping out these days.  Now they are just a proof set in different packaging.  Bad move RAM.
Founder: Australian Coin Forum
The Australian Coin Collecting Blog

purplepennyhunter

We didn't invite the RAM to join the forum, should we?
Co-Founder Australian Coin Forum

chookcity

Quote from: 'purplepennyhunter' pid='1320' dateline='1349680579'We didn't invite the RAM to join the forum, should we?

Will they???
Here for a good time, Not a long time.