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 Replies: 7 / Views: 1,690 |
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New Member
Canada
8 Posts |
Hey everyone, I am brand new to the forum here. This is the first forum that I have signed on specifically for coins. I am happy to say that I am a silver collector. :) I have a couple tubes of proof like half dollars from the years 1958,1961 and 1962. I was wondering what these are worth? I am brand new to numismatics, so please bear with me. I understand that there is proof like and uncirculated and I just found that out with my coins. I have a few uncirculated coins from 1961, but mostly all proof like. Their condition is pretty much untouched. Some have toning on them though. I checked ebay and there is one out of thousands of hits, but is a Buy It Now, so is not representation of what they are worth. Thank you all for your help and I look forward to spending more time on here. Cheers! |
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Pillar of the Community
Canada
2366 Posts |
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New Member
 Canada
8 Posts |
Hello Kuh_85. Thank you for the reply. I may still be confused though. Is there is difference in worth between uncirculated and proof-life(cameo design)? Some of my coins have a frosted insignia, while other coins are shiny all the way around.
Thanks!
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Pillar of the Community
Canada
2366 Posts |
Proof-Like, Brilliant Uncirculated, and to some extent Uncirculated all refer to slightly different things. Uncirculated is frequently used to refer to MS (Mint State) coins as well as UNC coins. Basically, all these coins come from sets and the different finishes were used during different time periods. So Proof-Like tends to be the older coin sets like back in the 50's and 60's. The last few years only UNC sets have produced. And BU fits somewhere in the middle. I need my Charlton Vol 2 (which I lent out and haven't gotten back yet) to keep it all straight as many people use the terms interchangeably. To further complicate things, ICCS has started labelling coins from BU & UNC sets as NBU (Numismatic Brilliant Uncirculated) over the last few years. Even coinsandcanada.com still uses PL for years long after PL coins were no longer produced. Sorry you asked yet? :-) Also, note that Cameo is not an exclusive indicator of Proof Like vs Circulation. There are many Circulation coins with Cameo (and many with a Cameo comment on their certifications) from the 50's and 60's.
Edited by kuh_85
06/10/2013 9:12 pm
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Pillar of the Community
Canada
2366 Posts |
To answer the rest of your question. Take a look here http://www.coinsandcanada.com/coins...ts-1953-2013 for the 1958 50c. An MS65 (Circulation) lists at $220 whereas a PL65 (Proof Like) is only $25 despite being at the same 'technical' grade level of 65. The way PL coins are handled and packaged into sets makes it much easier for them to remain high grade so, generally speaking, they have lower value. |
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New Member
Canada
8 Posts |
Thanks Kuh_85. Now that my head has exploded, where do I put my remains? :D I am pretty sure I understand what you are saying. I'm screwed... If I wanted to sell some on ebay how would I go about labeling them if I don't know exactly what they are? :D So, if I have a coin that was meant for circulation, but never was, what is that considered? What about an uncirculated condition proof-like? Thanks! |
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Pillar of the Community
Canada
2366 Posts |
Selling ungraded coins on ebay right now you'd probably just get the value of the silver for those years. Maybe a buck or two more for the 58s. A circulation coin that has no circulation wear is called MS for Mint State although it is also frequently referred to as Uncirculated on ebay. All proof-like coins are uncirculated (note the lower case u!) by definition as they are issued in sets. You occasionally find a proof. proof-like or specimen coin that someone has cracked out of the set and spent for face value but after that treatment face value (or its precious metal content if applicable) is about all it's worth. |
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New Member
Canada
8 Posts |
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Replies: 7 / Views: 1,690 |
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Posted 06/10/2013 7:40 pm
