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 Replies: 11 / Views: 1,396 |
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Valued Member
United States
113 Posts |
I bought a 66 Panamanian Balboa that was listed as nice with "uncirculated details." From the picture it was not evident that it was a proof, but I'm pretty sure it is now that I can see it with my own eyes.
The question I have: Does a lightly handled proof coin sort of have worse stigma about it than a coin actualluy intended for circulation but with unc details?
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Pillar of the Community
United States
917 Posts |
Yeah it does because that proof was not supposed to be handled in the first place. Just for curiosity can you post a picture.
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Bedrock of the Community
13014 Posts |
The proofs also dont handle circulation as well as ms coins
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Pillar of the Community
United States
1812 Posts |
From what I have read over the years, proof coins that enter circulation will never have "uncirculated details" if graded, it will always grade Proof (with the lower grade), such as PR-45 (as the coin was struck with Proof Dies) that is common with proof only issues from the 19th Century that had entered circulation...
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Moderator
 United States
188191 Posts |
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The proofs also dont handle circulation as well as ms coins I disagree. They have a much a stronger strike, so it takes more for them to wear down. Quote:
From what I have read over the years, proof coins that enter circulation will never have "uncirculated details" if graded, it will always grade Proof (with the lower grade), such as PR-45 (as the coin was struck with Proof Dies)... Correct. |
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Valued Member
 United States
113 Posts |
got some photos!  Untitled by eeksy, on Flickr  Untitled by eeksy, on Flickr and one taken outside in the sunlight to show how reflective it is (why I thought it was a proof, not one intended for circ.  Untitled by eeksy, on Flickr Edited by samboyellowsub
09/27/2012 3:38 pm
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Valued Member
United States
113 Posts |
if it wasn't a proof and it was in this condition, it would be in MS shape and I'd be happy with it, but since its a proof and it's like this I almost don't want it. what does everyone else think? I paid 31.75 after shipping.
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Bedrock of the Community
13014 Posts |
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I disagree. They have a much a stronger strike, so it takes more for them to wear down. In terms of wear I agree, but the mirrors on the proofs go real fast in circulation or just start looking terrible imo |
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Valued Member
Canada
220 Posts |
Bottom line, it's a nice chunk of silver at a reasonable price...
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Pillar of the Community
United States
1721 Posts |
I'm sure I'll be corrected if I'm wrong but a proof coin is always a proof coin. It can't go from proof to AU58. It becomes a mis-handled and or less desirable proof coin. Just like an MS quality coin can be proof-like but never be a proof strike coin. Proof is a type of strike not a business strike condition grade. Any thoughts?  |
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Moderator
United States
188191 Posts |
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In terms of wear I agree, but the mirrors on the proofs go real fast in circulation or just start looking terrible imo Yes, on that, I agree.  Quote:
I'm sure I'll be corrected if I'm wrong but a proof coin is always a proof coin. It can't go from proof to AU58. Correct, proof is always proof, but it can go from PR69 to PR58 (and all the way down to PR1). |
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Valued Member
United States
71 Posts |
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Replies: 11 / Views: 1,396 |
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Posted 09/24/2012 11:26 am
