The GreatCollections Coin and Paper Money Glossary
This is a popular resource that explains hundreds of coin related terms, as well as terms relating to our coin auctions. Of course, if you have questions about anything, please do not hesitate to contact us.
Specimen (Graded as SP)
A Specimen (SP) coin refers to a numismatic piece struck with a special process that differs from regular production, often resulting in a higher quality finish, intended for collectors rather than general circulation. These can be graded SP-70, for example, which refers to Specimen-70. In modern times, the SP coins are usually sold by the U.S. Mint direct to collectors.
In classic coins, the grading services sometimes designate Specimen/SP for coins they consider struck for presentation purposes or those that have a special finish. Some Specimens sell for big premiums, especially those graded by PCGS/CAC. NGC has a lower threshold for classic coins they designate as Specimen, as may not command as much of a premium.
In classic coins, the grading services sometimes designate Specimen/SP for coins they consider struck for presentation purposes or those that have a special finish. Some Specimens sell for big premiums, especially those graded by PCGS/CAC. NGC has a lower threshold for classic coins they designate as Specimen, as may not command as much of a premium.
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