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 Replies: 9 / Views: 1,678 |
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Valued Member
United States
122 Posts |
I have recently just started going through my coins and I have been posting in the forum beside this one for the last few days so, I am learning a lot. I know I am picking one of my better if not the best coin I have but I was really wondering where this coin might fall in at. I have never had a coin graded so I thought I would see how bad this could hurt. This coin is supposed to be UNC. It is part of the set that listed below in the pics. Thank you advance for any thoughts on this...     Edited by Cobia
02/24/2014 7:47 pm
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Pillar of the Community
United States
2824 Posts |
Its a large date 1960 I am not sure if that the proof or regular one but the glare makes it look that way but there are 5 different varieties 1960 LD, 1960 SD, 1960-D LD, 1960 SD & a 1960 Proof LD only I also noticed that every 10 or so of 1960-d small dates have filled letter or other errors liked cracked skulls. Or Maybe just me
Edited by OcalaFlorida
02/24/2014 8:06 pm
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Pillar of the Community
United States
724 Posts |
It looks like a proof coin for me. If these two dark carbon spots are on the penny, this is really a damaged proof, maybe graded to PF64. Uncirculated mint state is a designation for a coin used in the regular business.
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Valued Member
 United States
122 Posts |
Great , Thank You for taking the time to reply.
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Bedrock of the Community
United States
19935 Posts |
It can't be UNC, it's a proof.
~PR-63/64
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
122 Posts |
Well there ya go, like I was saying I am new to all this.
But if a coin set is placed into a seal wrap or plastic case from the mint, wouldn't that also mean it has not been circulated there for making it an un-circulated coin ? Not being a smartass here I am just trying to understand the verbage and why it is used. That way 6 months from now I will understand all this a lot better.
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Pillar of the Community
United States
724 Posts |
Proof is not intended to be used in circulation. Any conditions below mint state is a damaged proof.
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Bedrock of the Community
United States
12437 Posts |
Quote:
But if a coin set is placed into a seal wrap or plastic case from the mint, wouldn't that also mean it has not been circulated there for making it an un-circulated coin ? There are currently two primary production methods for US coins- Business Strikes and Proof Strikes. Business strikes are struck one time on high speed presses, this applies to circulating designs and Mint Set coins. Proof strikes are struck more than once at higher pressure on polished planchets. Proof coins are struck specifically for collectors. Proofs are not circulated but they are almost never referred to as "Uncirculated" since that term is typically reserved for business strikes. However, you can occasionally find a proof in circulation after someone has freed it from a Proof Set. The set that you have is in an aftermarket case, proof sets issued through 1964 were in clear pliofilm packaging with an envelope. |
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
3077 Posts |
Quote:
Its a large date 1960 I am not sure if that the proof or regular one but the glare makes it look that way but there are 5 different varieties 1960 LD, 1960 SD, 1960-D LD, 1960 SD & a 1960 Proof LD only I also noticed that every 10 or so of 1960-d small dates have filled letter or other errors liked cracked skulls. Or Maybe just me the proof is also LD and SD http://www.numismedia.com/cgi-bin/c...de2=pricesms |
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Replies: 9 / Views: 1,678 |
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Posted 02/24/2014 7:46 pm
