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1895 Proof Coins With No Shine

 
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 Posted 06/03/2021  1:33 pm Show Profile   Bookmark this topic Add geminiguy90028 to your friends list Get a Link to this Message
I have a question about Proof Coins. Is it possible that proof coins can lose shine and luster over the years, even if in a plastic protective holder? I saw a 1895 coin and read that only Proof coins were struck struck in Philadelphia for that year, but the uncirculated coin has no luster or shine.
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 Posted 06/03/2021  1:37 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Pretty hard to help without pics.



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Edited by Coinfrog
06/03/2021 1:38 pm
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 Posted 06/03/2021  2:08 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply


Yes. But at that point I believe they are considered "impaired". Still a proof though, and dependent on the overall eye appeal may not reduce the market value as much as you'd think. A photo of the one in question would prove highly useful in a more accurate answer.
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 Posted 06/03/2021  2:37 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
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As noted, always supply good photos of both sides of the coin when making inquiries.
This helps us help you.
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 Posted 06/03/2021  6:15 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
I think it depends on the coin. Proofs back then didn't have the mirror finish you see today, and combined with some good old toning, might produce a rather un-shiny coin in a picture. Here's a straight-graded PF64 Morgan from that year:

This is just a random coin I saw on eBay, but some other pictures with different lighting make this coin look much better. Proof liberty head nickels don't always photograph well to show shine/luster either.
Edited by captaincoffee
06/03/2021 6:18 pm
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 Posted 06/03/2021  7:56 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Respectfully disagree with @captaincoffee. Proofs from this era typically had brilliant mirror finishes when struck.
Edited by Coinfrog
06/03/2021 8:40 pm
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 Posted 06/03/2021  8:24 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Mirror field proof coins will loose their shine if they develop a heavy patina.
From my strictly personal point of view, I consider this to be a critical problem, especially with well struck DMPL coins (which also includes Morgans)

I feel reasonably certain, that in most cases, a bright white white DMPL Morgan in MS-65, would command a higher auction price than an equivalent DMPL Morgan in MS-65 that has a heavy patina.

That is why I always prefer modern silver proof coins in fresh, shiny, bright white, and the more valuable examples should be kept in an air-tight capsule to stop a patina from forming.
Bright white is the appearance they originally had, when they first left the coining press.
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 Posted 06/03/2021  9:58 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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 Posted 06/11/2021  4:14 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Something else that has not been mentioned yet is only the 1895 Morgan dollar was issued proof only. All other denominations were business and proof strikes.
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Edited by dave700x
06/11/2021 4:15 pm
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