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 Replies: 27 / Views: 3,262 |
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New Member
United States
27 Posts |
So I have been looking to buy a couple frankin half dollars from a family friend, he sent me the image of the coins, to me it looks like the one on the left is a proof, just compared to the look of it next to the other, maybe it is just the year. I am new to the world of coin collecting so I was hoping to gain some insight. I did request a reverse image, just havent had it emailed to me yet. (so I can check mint mark) Here is the image...  |
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Pillar of the Community
United States
3453 Posts |
Hard to tell from the picture but IMHO it is not. I do not see the reflective surfaces that I would expect to in a proof.  |
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New Member
 United States
27 Posts |
I just couldn't tell, is there a reason for the differences between the two coins? one was circuated more than the other... or something else? He was asking $16 each for them, wondering if that was a good deal (fair?)
<----- New to coin collecting :)
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New Member
United States
27 Posts |
ty to the mod who moved this to the right section :)
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Bedrock of the Community
United States
12437 Posts |
 The one on the left has some toning/tarnish while the one on the right does not. However, they both appear to have been circulated with the 1962 having more wear. They are common dates and should not be worth much more than silver value which is currently ~$12. |
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Pillar of the Community
United States
3453 Posts |
Before a final determination is made as to proof (you have my opinion), better pictures really should be posted. EDIT:  with biokemist. Edited by CoinsKelly
01/22/2013 5:16 pm
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New Member
United States
27 Posts |
this is the only picture I have that he sent me... I did ask for an image to be sent from the reverse side though, (still waiting on that)
Edited by kingsnipes
01/22/2013 6:08 pm
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Pillar of the Community
United States
3755 Posts |
Nope, not proof IMO. I would pay only 12 or 13 for the 62 and max 14 for the 58. They just are not high enough grade to warrant 16 bucks. That is the price listed for AU coins on Coin Worlds catalog. And these are NOT AU.
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New Member
United States
27 Posts |
TY smoke... I know he is looking through a coin book to base the value of his coins, I'll have to let him know. Being new to the Coin World it is nice to have a community like this to help :) I just hate to see poeple destroy old coins for silver content... |
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Bedrock of the Community
United States
12437 Posts |
In most cases, US silver coins are not melted for silver content since there is no need to do so. 90% coinage is just another form of silver bullion, think of it as a round bar  , and will typically trade in face value bags of $100 and $1000. |
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Pillar of the Community
United States
3755 Posts |
bio, while that has held true up until now, I am thinking that is starting to shift. Demand for silver for products by all the mints is extremely high and not slowing down. Silver reserves are being depleted at higher rates each year. I think that, more and more, the lower grades coins (I refuse to call them junk) are actually heading to smelting pots and that the percentage being actually melted will keep climbing. But, that's just me.  king, to be able to use any catalog hinges on being able to tell the grade of the coin. That pic is not clear enough to give an exact grade, but are in the VF-XF range. |
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Pillar of the Community
United States
4337 Posts |
Quote:
I know he is looking through a coin book to base the value of his coins and that perceived value is based on his current grading opinion. The good news you'll find here is what you can buy for $16 in that coin. I think its great your taking a leap into the world of coins and I hope you stay a while good luck and have lots of fun in the process  |
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Pillar of the Community
United States
1511 Posts |
I agree with all of the above. One thing I'll add to his estimated grade on these coins I'd that many price guides tend to run high. In other words the FMV (fair market value) is usually lower than they list in the guides. I'd say (in my opinion) the best way to get real world values/FMV is to check out completed ebay listings.. See what people are actually paying for these coins.. Today.. Not a year ago when the book was published. Personally, I think $16 each is a bit high, I'd have to agree that $12-$13 sounds about right, maybe $14 for the '58 but both for $26 would be fair IMO. But again from the photos it's hard to tell the grade. (On a side note, even if these are a D mint ((P/Philadelphia has no mint mark)) the value is the same for either mint for these two dates) |
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Pillar of the Community
United States
7185 Posts |
They are a pair of nice old silver coins and of a series I enjoy and collect. These two will only be worth the "melt" value based on their condition. In that the current value based on the metal is at around $23 for the pair at the time of my posting. The best your friend could do from a coin shop would be about $21 and others will offer less. I would offer the $21 but not more than $23.
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New Member
United States
27 Posts |
SO here are the images of the back... although I dont know where the extra 2 coins came from... ha ha, guess he took the pictures a while ago... ( I think one is a Kennedy half)... anyhow thanks again..   |
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New Member
United States
27 Posts |
text him and he said the 58' is on the right side...
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Replies: 27 / Views: 3,262 |
Posted 01/22/2013 4:45 pm
