WHY DOES THE PRICES IN THIS SITE USE PL ?

General discussions on RCM Products.
COINMAN66
Posts: 6
Joined: Mon Mar 03, 2014 7:14 pm

WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby COINMAN66 » Sat Mar 15, 2014 1:33 pm

AS FAR AS I KNOW PL SETS WERE DISCONTINUIED IN 1967 . WHY DOES THE PRICES HERE GIVE THE PL VALUE WHEN THERE ISNT ANY PL COINS SINCE 1961-1967. CAN ANYONE EXPLAIN TO ME ?

User avatar
Lightw4re
Site Admin
Posts: 515
Joined: Thu Jul 07, 2005 9:08 am
Contact:

Re: WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby Lightw4re » Mon Mar 17, 2014 2:27 pm

There are still PL Sets sold by the RCM. Example :
http://www.mint.ca/store/coin/uncircula ... ydMquLeNIQ

COINMAN66
Posts: 6
Joined: Mon Mar 03, 2014 7:14 pm

Re: WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby COINMAN66 » Mon Mar 17, 2014 5:35 pm

ok so your telling me uncirculated sets are the same as PL sets ? I have a few sets of uncirculated sets. they just say ex 2000 uncirculated set . doesn't say 2000 uncirculated Proof Like set like set .

User avatar
Lightw4re
Site Admin
Posts: 515
Joined: Thu Jul 07, 2005 9:08 am
Contact:

Re: WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby Lightw4re » Tue Mar 18, 2014 11:52 am

COINMAN66 wrote:ok so your telling me uncirculated sets are the same as PL sets ?


Exactly.

COINMAN66
Posts: 6
Joined: Mon Mar 03, 2014 7:14 pm

Re: WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby COINMAN66 » Tue Mar 18, 2014 3:06 pm

not at all PL is PL and uncirculated is uncirculated . Just say they are different and there not the same. I use the Charlton Standard Canadian Coin Catalogue for references. After 1967 is the last year PL prices is used. After that only Circulated from ms 63 to ms 65 then its uncirculated from ms65 to ms67 following SP THEN PR. So when ever I seen PL I just don't understand why.

henrysmedford
Posts: 104
Joined: Sat Jun 29, 2013 10:44 am
Location: Oregon

Re: WHY DOES THE PRICES IN THIS SITE USE PL ?

Postby henrysmedford » Tue Mar 18, 2014 8:52 pm

From -- https://www.jandm.com/script/getitem.asp?CID=5&PID=20




Denomination: 1 cent through $1.00, up to the $2.00 in 1997 sets onwards; Composition: Standard issue coinage metals of nickel and nickel-aureate-bronze as per circulation coinage; Issued: Beginning officially in 1953, although some earlier coins are known in Proof-Like condition.

This limited-edition set features numismatic versions of the seven circulating Canadian coins. Carefully hand-selected, these coins are the best of their kind. Proof-Like sets are a complete set of coinage for a year. The sets contained silver coins up to 1967, and thereafter contained coins made of nickel. Sets from 1953-1960 came in a long white card wrapped in cellophane. This cellophane gradually became brittle and cracked over the years, hence early sets with perfect cellophane are somewhat of a modern rarity and usually command higher prices.

Beginning in 1961, the sets were packaged between sheets of plastic known as pliofilm. The plastic was not entirely satisfactory, hence 1961 sets without spots are scarce and usually cost more. Pliofilm continues as the packaging material, with the spots problem no longer an occurrence.

Most Proof like sets are readily available. There are a few varieties in the packaging style, making a varied collection possible for the specialist. The mint refers to these sets as "Uncirculated sets" although the coinage quality in the sets is substantially higher than coins found in normal circulation, and actually are specifically struck with special blanks and dies for the set to render a highly polished image. In the case of later sets, the so-called "Linen" finish has been adopted. Sets come in their own envelopes, and many have descriptive cards with them. Some early sets can only be found in unofficial holders, the original holders long since destroyed through decay. All in protective covering.


Return to “RCM Products”

Who is online

Users browsing this forum: Bing [Bot] and 1 guest