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Impaired Proof Franklin - Any Value?

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187446 Posts
 Posted 11/01/2021  5:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

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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 Posted 11/01/2021  5:20 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list
Pictures, please!
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 Posted 11/01/2021  5:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
An impaired proof Franklin would have the same value as an equivalent business strike of the same grade.
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 Posted 11/01/2021  7:19 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list

Quote:
An impaired proof Franklin would have the same value as an equivalent business strike of the same grade.

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 Posted 11/01/2021  8:45 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list
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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 Posted 11/01/2021  9:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
@sel 691 - Wot?
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 Posted 11/01/2021  9:44 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
Example:
I would consider to buy a PF-62 Franklin for MS-62 money.
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 Posted 11/01/2021  10:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
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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 Posted 11/01/2021  10:13 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list

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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 Posted 11/01/2021  10:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
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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 Posted 11/01/2021  10:38 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list
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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 Posted 11/06/2021  3:03 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list
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.


Impaired-Proof-Franklin---Any-Value?
Impaired-Proof-Franklin---Any-Value?
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 Posted 11/06/2021  3:12 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Not much appeal, admittedly.
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 Posted 11/06/2021  5:39 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Yeah but how about that circulation cameo ?
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 Posted 11/06/2021  6:05 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
I agree; not much eye appeal in this case.
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