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$1 S Proof Presidential's Pulled From Circulation

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New Member

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 Posted 03/15/2018  10:32 pm Show Profile   Bookmark this topic Add JPinNH to your friends list Get a Link to this Message Number of Subscribers
Yup ima newbie. Been at this for six months now. Recently while cherrypicking a roll of dollars I found 4 proofs. They are a 2000 sac, a 2008 J.Q Adams, a 2009 Sac, and a 2011 Grant. Any thoughts on how they made their way into the roll
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 Posted 03/15/2018  10:36 pm  Show Profile   Bookmark this reply Add still lookin to your friends list Get a Link to this Reply
Someone probably needed cigarette money.
New Member
United States
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 Posted 03/15/2018  10:41 pm  Show Profile   Bookmark this reply Add JPinNH to your friends list Get a Link to this Reply
Heee hee hee been there
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United States
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 Posted 03/15/2018  10:46 pm  Show Profile   Bookmark this reply Add JPinNH to your friends list Get a Link to this Reply
So now they have some damage I assume that any value is gone. Or can a couple bucks still be had
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ty88ty2's Avatar
United States
772 Posts
 Posted 03/15/2018  11:27 pm  Show Profile   Bookmark this reply Add ty88ty2 to your friends list Get a Link to this Reply
Value would most likely be gone unless they are of some super low mintage and/or a rare error coin. Which, last time I checked, those would be neither. But, value is relative, I am sure someone somewhere would appreciate them. Pictures might help determine this.

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 Posted 03/16/2018  12:05 am  Show Profile   Bookmark this reply Add JPinNH to your friends list Get a Link to this Reply
OK I'll try and get some pic's. Having insufficient memory issues with the droid
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spru's Avatar
United States
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 Posted 03/16/2018  01:58 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply


Finding proofs in circulation is great and is something I have yet to experience. However, circulated proofs are known as "impaired proofs" because of even light marks on the coin.

Given the coins mentioned, I would say they are all worth face value now.

Pics are great, though, and we all love 'em.
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John1's Avatar
United States
56855 Posts
 Posted 03/16/2018  04:32 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. No premium but,now would be a great time to start your "impaired proof" collection. We all find one every now and then.
John1
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 Posted 03/16/2018  07:13 am  Show Profile   Bookmark this reply Add JPinNH to your friends list Get a Link to this Reply
Ya these are keepers for me. First S proof's I have found.
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Dorado's Avatar
Canada
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 Posted 03/16/2018  09:10 am  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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TJLang's Avatar
424 Posts
 Posted 03/16/2018  09:23 am  Show Profile   Bookmark this reply Add TJLang to your friends list Get a Link to this Reply
I have a album which I refer to as odd coins. That is all coins found wourth saving while hunting my other collections. All these would end up in there.

Nice Find. And welcome aboard.
Edited by TJLang
03/16/2018 09:24 am
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 03/16/2018  11:39 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
Sometimes impaired modern proofs have premiums for low mintage issues, I've also seem them carry premiums in bulk lots but not very much. Extremely low grade modern proofs (like VG grade) would likely carry premiums if slabbed due to low-ball collectors
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jbuck's Avatar
United States
188213 Posts
 Posted 03/17/2018  01:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
People who inherit, steal, or otherwise acquire these coins are just unaware of their true value. They see money, they spend it.
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Debrajc's Avatar
United States
4211 Posts
 Posted 03/17/2018  06:22 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
to the Forum~!

And yes JBuck...it's very sad to hear some of
the coins that have been just "spent".
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GR58's Avatar
United States
11951 Posts
 Posted 03/17/2018  08:45 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Sometimes coin shops will get very overstocked on prof sets. They also will
get some sets that have one or two impaired coins, or sets with damaged
or no boxes.

For sets like these they will often crack them open and dump the coins
at the local banks.
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TJLang's Avatar
424 Posts
 Posted 03/18/2018  12:37 pm  Show Profile   Bookmark this reply Add TJLang to your friends list Get a Link to this Reply
I got a James Madison dollar coin from the bank this weekend.
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