1993 S Proof Nickel Found In Korea - Coin Community Forum

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Author	Replies: 11 / Views: 1,468
Lembafc Valued Member Korea, Republic Of 489 Posts	Posted 01/05/2017 06:23 am I found this 1993 S proof nickel while I was filling out my first nickel books last night. I had saved about ten rolls of nickels and it was in my third or fourth roll. How often do you all find proof coins in circulation? I live in Korea (I work on base, so have access to a US bank) and I thought it was still pretty insane to find one all the way over here. Check it out: Report this Post to the Staff

Fuzzy317 Moderator United States 14463 Posts	Posted 01/05/2017 06:27 am Wow! nice find Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 01/05/2017 06:36 am I have found a few but not many in the 40+ years I have been in the hobby. When a proof coin is found in circulation it is called an impaired proof. John 1 Report this Post to the Staff
aristarchus123 Pillar of the Community United States 1695 Posts	Posted 01/05/2017 07:38 am Nice find! In 2016, I averaged 1 proof per 8.2 boxes. The don't show up much! Report this Post to the Staff
nss-52 Moderator United States 54280 Posts	Posted 01/05/2017 07:42 am Well, let's think about this for a moment.... How does any proof coin get into a roll of coins? Someone breaks up a proof set. Child, thief, someone desperate for cash, inherited by non-collector, intentional or unintentional .... etc. Then it is spent. What happens then? Some get found and kept, some make their way to the bank. Where does the US bank you have access to in Korea get their coins? I would guess from customer deposits and/or order them from the Federal Reserve (or wherever any bank would get them). You come along, get some coins from the bank and find it. You are happy! Unfortunately, most modern proofs found in circulation (impaired proofs) aren't worth much, but they would fill a hole in a collection. Show your financial support of the Coin Community Family (click here) See my topic on Mexican Numismatic Medals (click here) Edited by nss-52 01/05/2017 07:49 am Report this Post to the Staff
Lembafc Valued Member Korea, Republic Of 489 Posts	Posted 01/05/2017 08:01 am Oh neat. I didn't realize they had a special name. I was really excited to find it and figured that it found its way to me the way nss-52 described. :) The banks we have here are Community Bank and Navy Fed. I use Community bank because they have two locations on post and I imagined that most of the coins/cash that is used here just circulates throughout Korea over and over again. I still find some really old stuff in my rolls and have words in with tellers about saving stuff. That's cool though that finding them isn't impossible. :) Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 01/05/2017 09:27 am Great that you found one. Now you'll have even more reason to make sure nothing cool stays in Korea before you return! Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 01/05/2017 2:34 pm Nice find! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
bpoc1 Rest in Peace United States 4078 Posts	Posted 01/05/2017 3:36 pm Quote: impaired proof A Proof coin that grades less than PR-60; a circulated Proof. I never knew the definition. Good for you, Lembafc. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/05/2017 4:43 pm to the CCF! Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 01/05/2017 9:49 pm and VERY nice! Report this Post to the Staff
Dustin6 Pillar of the Community United States 3516 Posts	Posted 01/06/2017 1:33 pm and cool find! Report this Post to the Staff
	Replies: 11 / Views: 1,468

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