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 Copper Penny Bullion Investing
 Proof?
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frugalcanuck
Penny Pincher Member


Canada
103 Posts

Posted - 08/16/2010 :  22:23:20  Show Profile Send frugalcanuck a Private Message
How do you know if a coin is a proof or not?

Is it just that the coin looks brand new?

One box of Nickels

11.65% .999 Ni

Kiwiman
Penny Pincher Member



225 Posts

Posted - 08/16/2010 :  22:29:03  Show Profile Send Kiwiman a Private Message
It will have an "S" mint mark and the background will usually be mirror like, note that 68-74 lincon "S" mints are not proof but do have lower mints
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Kiwiman
Penny Pincher Member



225 Posts

Posted - 08/16/2010 :  22:29:53  Show Profile Send Kiwiman a Private Message
also "S" wheats are not proofs.
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frugalcanuck
Penny Pincher Member



Canada
103 Posts

Posted - 08/16/2010 :  22:38:32  Show Profile Send frugalcanuck a Private Message
is there any way to tell for Canadian coins?

One box of Nickels

11.65% .999 Ni
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didou
Penny Sorter Member



Canada
47 Posts

Posted - 08/17/2010 :  07:55:58  Show Profile Send didou a Private Message
I'm not a expert in Canadian Proof coins and still trying to learn, i hope someone who know better will jump in, if not here what i think :

I don't know a definite way to tell if it's proof or specimens or circulating finish.
Royal Canadian Mint didn't 'admit' making proof coins for a while even if they actually does.

1998-present proof coins should have a W mint mark bellow the queen, for Winnipeg Mint.
Some recent coins (at least quarter) are made of silver for the proof coins and easy to tell with a magnet.

If your have a high-contrast with the queen and the field of the coins, called Ultra heavy cameo, heavy cameo, cameo depend on the strength of the contrast. Also called frosted because the logo/queen look icy and dull compared to the mirror-like background of the coins. I think that's what proof mean, anyhow keep all of them they have good value.

The specimens are supposed to be "Brilliant relief on a satin background" seem like the opposite of a cameo proof.
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