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 Silver Bullion, Gold, & other Bullion Metals
 Are proofs from circulation worth anything?
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searching4silver
Penny Pincher Member


111 Posts

Posted - 07/29/2010 :  11:00:54  Show Profile Send searching4silver a Private Message
I have found a bunch of proofs in boxes i have been searching. Are they worth anything? and if so how much? Will coin dealers buy them?

Kiwiman
Penny Pincher Member



225 Posts

Posted - 07/29/2010 :  12:20:16  Show Profile Send Kiwiman a Private Message
what condition are they in?
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 07/29/2010 :  12:43:53  Show Profile Send beauanderos a Private Message
They would have to be MS60 or better, no scratches like new. Why else would anyone pay for them? I save mine, but it's more for their novelty than value. Maybe you could sell a roll of them on ebay and get about 4x face.

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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searching4silver
Penny Pincher Member



111 Posts

Posted - 07/29/2010 :  12:49:22  Show Profile Send searching4silver a Private Message
They have some scratches. They were just in rolls i searched.
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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 07/29/2010 :  13:08:46  Show Profile Send Cerulean a Private Message
I'm trying to fill a folder with rescued proofs.

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AGCoinHunter
Penny Hoarding Member



USA
685 Posts

Posted - 07/29/2010 :  13:08:56  Show Profile Send AGCoinHunter a Private Message
Not really. Impaired proofs are not worth much over face. Dealers most likely wont buy them. I keep only the best and toss the others back in the coin counter.



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frugalcanuck
Penny Pincher Member



Canada
103 Posts

Posted - 07/29/2010 :  17:34:33  Show Profile Send frugalcanuck a Private Message
How do you know if a coin is a proof?

One box of Nickels

11.65% .999 Ni
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Sheikh_yer_BuTay
Penny Pincher Member



USA
232 Posts

Posted - 07/29/2010 :  21:44:40  Show Profile Send Sheikh_yer_BuTay a Private Message
quote:
Originally posted by frugalcanuck

How do you know if a coin is a proof?



Yeah, my question exactly. I thought "proofs" were all 90% silver. The Red Book says: "Silver proofs are of pre-1965 standards".

So, like Frugal said: How do you know if a coin is a proof?

Also, how do you tell a 1976S half dollar from a 1976S silver clad? My first box has a bunch of 1976 in it.
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 07/29/2010 :  22:39:13  Show Profile Send beauanderos a Private Message
Proofs have mirrored fields and frosted devices. Also the rims are thicker. You'll instantly be able to recognize the difference if you see one.

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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novillero
Penny Sorter Member



USA
86 Posts

Posted - 07/30/2010 :  08:00:25  Show Profile Send novillero a Private Message
In order to see if the coin is silver, look at the rim. Clad will have the darker copper color.

Proofs from 1992 onward come in both 90% and clad. Sooo, the rim is the best way to determine it.

I wouldn't pay more than face for a circulated clad proof. For a circulate silver proof, I'd pay melt. The numismatic value has been destroyed, and let's face it, these proofs are not rare.

That being said, there is a small market for them as fillers in coin books. I see them for sale on other forums.
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BadKarma
Penny Sorter Member



USA
43 Posts

Posted - 07/30/2010 :  08:08:36  Show Profile Send BadKarma a Private Message
Some proofs weren't cameos. Like this Franklin:
You must be logged in to see this link.

Just very smooth fields and very shiny!!!! I like shiny.

If you bowhunt Cape Buffalo, you just might wet your pants!
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 08/02/2010 :  10:31:48  Show Profile Send PennySaved a Private Message
Why is it so easy to find proof halves? I haven't been sorting halves for very long and have found 10 or more of them. I don't have those kind of numbers with nickels (I have found a handful over the last couple of years) and pennies (I have never found a proof penny)

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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zerocd
Penny Hoarding Member



555 Posts

Posted - 08/04/2010 :  13:17:22  Show Profile Send zerocd a Private Message
I often get collecting albums at a discount. My local shop gets used albums and some have holes for proofs.
So I love filling the holes with found proofs. I would never break open sets to put in albums! I get great enjoyment and have filled nearly all the proof holes in two half albums and have several others with less.

I have found several proof nickels and maybe more. I have found a penny or two and one dime.

I don't see any value but I think a completed album that has the proof holes filled will be easier to sell than without.

I doubt they will be sold in my lifetime anyway.

It's all fun.

Life will be very serious for most soon enough.

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searching4silver
Penny Pincher Member



111 Posts

Posted - 08/09/2010 :  10:38:49  Show Profile Send searching4silver a Private Message
So I went to the coin show in Vienna near dc this weekedn and sold my proofs for about 90 cents each. Not bad. Now I am going to continue to look for them and pull them aside.
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