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 Replies: 19 / Views: 4,308 |
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Pillar of the Community
United States
4333 Posts |
They are "impaired proof". I usually keep one of each year I can find, in best condition, and give away the rest.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
330 Posts |
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Rest in Peace
United States
18456 Posts |
 That's kind of scary in a way to find 28 proof halves in two rolls. think about it. no collector would ever do that , could it be that the collectors' children took them for whatever reason and cashed them in. it's something I've been through when my kids were younger. part of the pros and cons of being a coin collector. lucky for me they didn't take anything of value. |
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Pillar of the Community
United States
4333 Posts |
Quote:
That's kind of scary in a way to find 28 proof halves
in two rolls. think about it. no collector would ever do that , could it be that the collectors' children took them for whatever reason and cashed them in. it's something I've
been through when my kids were younger. part of the pros and cons of being a coin collector. lucky for me they didn't take anything of value. Too many of one thing takes up space...it's a matter of priority...many collectors dump impaired proof coins, they abound! When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Rest in Peace
United States
18456 Posts |
fistfulladirt , with all due respect; how and why would a collector have 28 impaired proof Kennedy halves ? It doesn't make any sense. |
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Pillar of the Community
United States
4809 Posts |
I think that poor storage may be the culprit. I pulled two proof Jeffersons out of roll tonight and both have tiny Verdi going on them in a couple of spots. Otherwise, almost scratch free. Once the coin is compromised, the value plummets and collectors release them to the wild. I picked up a proof dime about a week ago in change at my LCS. They treated the proof as nothing more than a dime. When I brought it to their attention, I got a shrug and a "we do it every day".
Proofs are fun to find in the wild, but as noted above, they are abound.
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Pillar of the Community
United States
1391 Posts |
I'll keep any proof that I find, even if it's damaged. I don't have a very large collection, and keeping proofs just
seems so interesting to me.
My thought goes, "Someone paid a premium for this and now I get it for face? Score!"
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Pillar of the Community
United States
4333 Posts |
Quote:fistfulladirt , with all due respect; how and why would a collector have 28 impaired proof Kennedy halves ? It doesn't make any sense. That's an easy one - through roll hunting hundreds of thousands of half dollars, accumulating proofs, then dumping the unwanted. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
6130 Posts |
^ Not to mention that people often buy old proof sets, cherry pick the proof 69/70 to send in for grading, and dump the rest of the coins. Old proof sets can be had on ebay for about $5 each for $0.92 face value. As long as one of your coins is worth at least $4.08, you can literally spend the rest and still break even. |
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Moderator
 United States
189767 Posts |
Proofs are always very nice finds!  |
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Valued Member
United States
115 Posts |
Don't know the exact trade value but would say some people may consider them about 1.75$
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Pillar of the Community
United States
4333 Posts |
My LCS might pay .45 ea., but not for those from circulation.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
309 Posts |
I am sitting on a lot of circulated proofs that I found crh one day when I retire crh I will through them back into circulation  |
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Moderator
United States
189767 Posts |
Part of me thinks that sounds like fun. Part of me thinks they deserve better.  |
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Valued Member
United States
186 Posts |
Nice finds! I found once maybe a dozen or so S-mint Kennedy proofs for a $500 box (it was at a Bank of America). That said, they aren't worth as much as you think mostly due to them not being silver. I sold some of my duplicate impaired/slider proofs for around $1.15 per coin on ebay a few years ago, so while they aren't worth too much, I still look for dates as anything 1971+ for halves are Proof only for me unless if a rare variety. |
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Posted 01/24/2015 09:15 am
