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SMS Coins from the 1990's ..huge sleepers!!!



In 1994 and 1997 a special Matte proof finish on only a "handful" of nickels

The mint experimenting with special satin finish and matte "proof" strikes has a long history.One of my favorite coins in my collection is a matte proof buffalo nickel from 1913.Of course most collectors know about the 1965-67 SMS's but one of the true modern sleepers are the 1994 and 1997 matte proof Jefferson nickels.Mintages of the Jefferson series are usually in the hundreds of millions{even billions}but these 2 coins have mintages of only 167,000 and 25,000 respectively. Although high grade examples of these 2 coins can be found, there are not millions floating around in mint packaging still..unlike almost all other dates. What this means is that while population figures of PF70UCAM state quarters,for example, from all years steadily climb and climb{and values/prices go down and down} as time goes by these 2 TRUE SLEEPERS will only increse/double/triple in value.The satin finish coins of 2005 and 2006 will not have high value unless the grading services CHOOSE to make a conditional rarity out of one of them....and if you still kid yourself and think the tpg services don't do that, good luck getting a 70 on a 1996 gold Eagle.One of the 2 graded 1996 PF70's by PCGS recently sold for $36,000......why only 2????..did the mint have a "bad year" with QC or handling? The other years before and after have many more....and having viewed the coins themselves, they look the same as almost every 69 I've seen...an extra $35,000 for 1 point on a holder based on some guys opinion...wow...wish I had that kind of money to throw around...



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