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Price Difference Between DCAM And Non-DCAM

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Author Previous TopicReplies: 8 / Views: 10,018Next Topic  
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TCL963's Avatar
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 Posted 10/08/2016  11:17 pm Show Profile   Bookmark this topic Add TCL963 to your friends list Get a Link to this Message Number of Subscribers
I am new to coins and am trying to sell many coins that belonged to my dad. I've started to list items on ebay, but I'm not sure about the pricing on DCAM vs. non-DCAM, since I have many of both in the same coin.

Generally speaking, for silver coins is DCAM higher priced? What about gold? I haven't come across any DCAM in his gold collection, but I have on ebay when trying to compare prices on a coin. It seemed DCAM on a gold coin was selling for much less than non-DCAM. Is that correct?

Here's an example on a silver coin:

Price-Difference-Between-DCAM-And-Non-DCAM

Price-Difference-Between-DCAM-And-Non-DCAM

I've been basing my pricing by looking at similar items on ebay, but on this coin there are no graded coins that are not DCAM, so I'm unsure of the pricing.

Sorry for the poor lingo. I'm still trying to learn.
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 Posted 10/08/2016  11:22 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I believe all modern proof coins grade Proof 68 (maybe 69 is the cutoff) or above are all labeled DCAM (or whatever each TPG uses as their proprietary designation)

Now if you are talking classic proofs "cameo" designation is more valuable and start at PF62 (lowest grade I could find)?

Price-Difference-Between-DCAM-And-Non-DCAM

Edited by jack jeckel
10/08/2016 11:29 pm
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TCL963's Avatar
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 Posted 10/08/2016  11:27 pm  Show Profile   Bookmark this reply Add TCL963 to your friends list Get a Link to this Reply
What's the difference between these two coins I have shown? The DCAM is much shinier and vibrant. I have tons like these that are the same coin and some are labeled DCAM and some are not and there's an obvious difference in luster.
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 Posted 10/08/2016  11:33 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
What's the difference between these two coins I have shown? The DCAM is much shinier and vibrant. I have tons like these that are the same coin and some are labeled DCAM and some are not and there's an obvious difference in luster.


The first coin is a proof hence the PF69 (proof) grade.

The second coin is an uncirculated hence the MS69 (mint state) grade.

Description straight form the US Mint:

https://catalog.usmint.gov/faqs-faq...cts-programs

As is the case with most modern commemorative issues the uncirculated versions have a lower mintage than the same proof issues making them scarcer (and possibly or perceived more valuable)

Edited by jack jeckel
10/08/2016 11:43 pm
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TCL963's Avatar
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 Posted 10/08/2016  11:45 pm  Show Profile   Bookmark this reply Add TCL963 to your friends list Get a Link to this Reply
Apparently I have no idea what I'm doing. Is there a price difference between a proof and an uncirculated coin? Thanks for your help.
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 Posted 10/09/2016  07:33 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
To your last question ... Yes .. There is a price difference

The two coins you have pictured are different coins.
The mint offered both the proof and uncirculated version.

For modern commemorative dollars, in most cases, there were more
proofs sold than uncirculated. With lower mintages for the uncirculated
coins, many times they will have a higher value.

For the example you posted
Vietnam Memorial dollars
Mintages
Proof 224,449 (your PF69 DCAM)
Uncirculated 57,290 (your MS69)

To sum up
Most if not all modern proof dollars will be DCAM
Modern uncirculated dollars will not be DCAM

Most uncirculated commemorative dollars have lower mintages
and will sell for a higher price.

But not always, sometimes both versions will be so common they
sell for close to the same price.


For graded coins, slabbed
- If the grade starts with PF it is a proof EX: PR69
- If MS it is uncirculated. EX: MS69
Edited by GR58
10/09/2016 07:53 am
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TCL963's Avatar
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 Posted 10/09/2016  09:00 am  Show Profile   Bookmark this reply Add TCL963 to your friends list Get a Link to this Reply
Thank you both for the help. I'm so glad I asked before I got too far into this.

I read more on here and saw the huge price difference in the 1996 Olympic proofs versus uncirculated and would have really screwed myself on the price by listing the uncirculated ones way too low.

I do have two followup questions...

A proof is still uncirculated, right? Almost all of my dad's coins were graded 69 or 70. If I understand correctly uncirculated means it was never placed into use for currency by the general population?

Is there somewhere that shows the mintage numbers for proofs versus uncirculated like you have listed above? Also, would that show the original purchase price from the Mint? For most of these I have no idea what my dad purchased them for, but I know he bought most of them directly from the Mint.
Edited by TCL963
10/09/2016 09:01 am
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GR58's Avatar
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11951 Posts
 Posted 10/09/2016  11:41 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
See if I can help a little.

The mintages are in the RedBook price guide. Every collector of U.S
coins should have one. It will also give coin prices, but the prices are
considered high.

Proof coins are always proof coins. They have a different process of
minting. Sometimes a proof coin will end up in circulation. If the amount
of wear drops the grade below PR 60, It will become classified
as a impaired proof.

Uncirculated coins fall into graded MS 60 through MS 70. Below MS 60
coins will be considered circulated. Circulated coins fall into grades
between Poor - PO 1 through Almost Uncirculated - AU 58

----------------
1996 Uncirculated (UNC) Olympic coins are the lowest mintage for modern
commemorative dollars. And have better value.

Many of the UNC 1995 and 1996 dollars have low mintages, so check
the prices of those before listing on ebay.

There are several others that have good prices, like the 2001 American Buffalo.

Also .. MS 70 can have a much better value than a MS 69, check
those too.
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TCL963's Avatar
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 Posted 10/09/2016  2:55 pm  Show Profile   Bookmark this reply Add TCL963 to your friends list Get a Link to this Reply
Thanks, GR58. I'll definitely get the RedBook.
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