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Replies: 19 / Views: 4,295 |
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Pillar of the Community
United States
589 Posts |
I could not believe my eyes today when I opened 2 CWR of JFK Halves I got from my bank. I found 28 Proof JFK inside in mint circulated condition  I can see on some of them a few tiny scratches but they really have that beautiful mirror shine. The count is as follows. 6 Bicentenials 6 - 1993 6 - 1991 1 - 2002 3 - 1989 1 - 1978 3 - 1977 1 - 1974 1 - 1973 Now the question is I only need 4 of them for myself but cannot put them back into circulation. What trading value do you suppose I have here?
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Moderator
 United States
15425 Posts |
Sounds like a great score ... congratulations! A bit of additional information is needed ... You stated that the coins were in " mint circulated condition" ... but you also said they were Proof strikes. Which one are they?  If Proof ... they should have a San Francisco mint mark ... but you do not list any mint marks next to the dates. Are they 'S' mint? If Proof with an 'S' mint mark (hopeful for you) ... then the Bicentennial and 1993 issues are either copper-clad or silver clad. Which are they? Address those questions ... and post a few 'typical' photos ... then we can help with approximate trade value. David
Edited by nickelsearcher 01/23/2015 7:20 pm
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Pillar of the Community
 United States
589 Posts |
Thanks David. Your right they are proofs for they all have the S mint mark, but none are silver. I just looked at them closer with a magnify glass and each one has like either a minor blemish or some very tiny scratches on it, but they have no where near the wear as a circulated proof half and the shine is still there . From a distance and under a light they are so appealing. I have no way of posting pics as of yet. I hope I can get an idea on trade value from the forum. Thanks
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Valued Member
United States
312 Posts |
Nice finds! Not sure about trading value...
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Pillar of the Community
United States
1217 Posts |
You could list them for sale on ebay or craigslist. I often get half the value listed on numismedia for circulated proofs. That may give you and idea of what they would be worth in a sale or trade.
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Pillar of the Community
United States
4333 Posts |
They are "impaired proof". I usually keep one of each year I can find, in best condition, and give away the rest.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
United States
330 Posts |
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Rest in Peace
United States
18456 Posts |
 That's kind of scary in a way to find 28 proof halves in two rolls. think about it. no collector would ever do that , could it be that the collectors' children took them for whatever reason and cashed them in. it's something I've been through when my kids were younger. part of the pros and cons of being a coin collector. lucky for me they didn't take anything of value.
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Pillar of the Community
United States
4333 Posts |
Quote: That's kind of scary in a way to find 28 proof halves in two rolls. think about it. no collector would ever do that , could it be that the collectors' children took them for whatever reason and cashed them in. it's something I've been through when my kids were younger. part of the pros and cons of being a coin collector. lucky for me they didn't take anything of value. Too many of one thing takes up space...it's a matter of priority...many collectors dump impaired proof coins, they abound!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Rest in Peace
United States
18456 Posts |
fistfulladirt , with all due respect; how and why would a collector have 28 impaired proof Kennedy halves ? It doesn't make any sense.
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Pillar of the Community
United States
4809 Posts |
I think that poor storage may be the culprit. I pulled two proof Jeffersons out of roll tonight and both have tiny Verdi going on them in a couple of spots. Otherwise, almost scratch free. Once the coin is compromised, the value plummets and collectors release them to the wild. I picked up a proof dime about a week ago in change at my LCS. They treated the proof as nothing more than a dime. When I brought it to their attention, I got a shrug and a "we do it every day".
Proofs are fun to find in the wild, but as noted above, they are abound.
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Pillar of the Community
United States
1388 Posts |
I'll keep any proof that I find, even if it's damaged. I don't have a very large collection, and keeping proofs just seems so interesting to me.
My thought goes, "Someone paid a premium for this and now I get it for face? Score!"
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Pillar of the Community
United States
4333 Posts |
Quote:fistfulladirt , with all due respect; how and why would a collector have 28 impaired proof Kennedy halves ? It doesn't make any sense. That's an easy one - through roll hunting hundreds of thousands of half dollars, accumulating proofs, then dumping the unwanted.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United States
6130 Posts |
^ Not to mention that people often buy old proof sets, cherry pick the proof 69/70 to send in for grading, and dump the rest of the coins. Old proof sets can be had on ebay for about $5 each for $0.92 face value. As long as one of your coins is worth at least $4.08, you can literally spend the rest and still break even.
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Moderator
 United States
188325 Posts |
Proofs are always very nice finds! 
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Valued Member
United States
115 Posts |
Don't know the exact trade value but would say some people may consider them about 1.75$
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Replies: 19 / Views: 4,295 |