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Replies: 21 / Views: 2,662 |
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Moderator
 United States
187446 Posts |
Quote: It'll have to wait until the weekend so I can dig out the coin and camera. Stay tuned and thanks for the replies thus far. 
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Pillar of the Community
United States
2869 Posts |
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Bedrock of the Community
Australia
21786 Posts |
An impaired proof Franklin would have the same value as an equivalent business strike of the same grade.
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Rest in Peace
United States
18456 Posts |
Quote: An impaired proof Franklin would have the same value as an equivalent business strike of the same grade. 
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Pillar of the Community
United States
7273 Posts |
An impaired proof would have bullion value unless you can get some one to pay more which I doubt. When I was doing my 20th century type set I decided to pick up a proof Ben, looking through the ones he had if it was PF 65 and higher the coin shop was selling at a premium to melt, anything below PF 64 was at melt/bullion. At $20-$25 for a slabbed proof Ben why would anyone pay more than melt for a lower grade circulated proof?
Edited by hfjacinto 11/01/2021 8:46 pm
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Bedrock of the Community
United States
94367 Posts |
@sel 691 - Wot? 
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Bedrock of the Community
Australia
21786 Posts |
Example: I would consider to buy a PF-62 Franklin for MS-62 money.
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Bedrock of the Community
United States
94367 Posts |
So you're saying an impaired proof 62 would have the same value as an MS-62 graded coin, is that right?
Edited by Coinfrog 11/01/2021 10:07 pm
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Pillar of the Community
United States
7273 Posts |
Quote: Example: I would consider to buy a PF-62 Franklin for MS-62 money. I understand where you are coming from but a proof gets ugly really quick in lower grades. The above might work for example on older coins on newer common date Ben Franklin I wouldn't pay over melt for any proof that had circulation wear. But I think the Ben 60 cent piece is just an ugly coin so I wouldn't pay much over melt for 1 in perfect condition.
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Bedrock of the Community
United States
94367 Posts |
Sorry, but the suggestion that an impaired proof in any grade is the equivalent of an MS specimen in the same grade is quite far-reaching and unsupportable. I'm sure that @sel 691 did not mean this as it comes across. 
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Pillar of the Community
United States
3848 Posts |
If I had a choice between an impaired proof and a circulated franklin, I would choose the proof every time. A roll of impaired proofs generally sell more than circulated coins. So, especially in bulk, these are more desirable for silver stacking. But the more circulated it gets the less people will be interested.
Also not exactly sure why people need photos to determine the value of an impaired proof. The difference in value is miniscule.
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Pillar of the Community
 United States
3323 Posts |
Photos of the Franklin. It looks much worse under the close scrutiny of the camera and LEDs. After seeing like this, I'm convinced it's worth its weight in silver.  
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Bedrock of the Community
United States
94367 Posts |
Not much appeal, admittedly. 
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Rest in Peace
United States
18456 Posts |
Yeah but how about that circulation cameo ? 
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Bedrock of the Community
Australia
21786 Posts |
I agree; not much eye appeal in this case.
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Replies: 21 / Views: 2,662 |
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