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Pillar of the Community
United States
3207 Posts |
The modern proof coins I've seen that escape into the wild generally get graded as "impaired" and it's left at that. What about older or rarer proofs? Might they get graded PF-40 or similar? I've never seen a Proof grade under 60. I imagine at some point, unless it has a unique mint mark, a worn proof becomes indistinguishable from a business strike.
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Pillar of the Community
United States
9792 Posts |
Yes there are a lot of older turn of the century proof coins that made it into circulation. They are generally called either impaired proof coins or just PR followed by a numerical grade by the TPG company. Many time the coin can be an easy to tell proof because of the date or mintmark (proof only issues) next up it's by die markers or denticles and rim sharpness. Sometimes I suppose one can't tell after a coin has worn down enough they just pass around as unknown or hidden proofs in collections. Many of the Three Cent coins, Shield nickels and Seated coinage can all be quite tricky to identify in proof circulated or not. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
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Pillar of the Community
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5825 Posts |
Proofs that were damaged will be treated as a DETAILS coin.
Proofs that show circulation or storage wear will be graded like any other circulated coin except will be labeled something like PF-40 rather than XF-40.
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Pillar of the Community
 United States
3207 Posts |
Interesting, thanks for the info. Does anyone have a PF-40 or lower grade? Would love to see a photo.
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Pillar of the Community
United States
3658 Posts |
@nick10, I don't have photos, but I sold a PR-40 1878 Shield nickel three years ago. As @westcoin said, this was a proof-only issue, It was struck during the recession of 1877-78 and likely heavily circulated both then and during the depression of 1893-96. Circulated and occasionally chop-marked proof Trade dollars exist. Circulated proof gold can be found from time to time. |
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Pillar of the Community
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3207 Posts |
fortcollins, very cool, so PR-40 does exist in TPG form, well I assume it was slabbed. Makes sense that recessionary times would cause people to spend the proofs rather than save them. |
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Pillar of the Community
United States
9792 Posts |
I finally found the Two Cent 1873 Proof 15 photos. I had it wrong as a PR08 in another thread, the price was way more than I could afford when I saw it at a dealer table in Texas a few years ago. I found it earlier in a 2006 Goldberg Long Beach auction, it's a really good looking worn proof coin. http://images.goldbergauctions.com/...=36&lot=1553"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440Edited by westcoin
03/01/2019 01:29 am
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Pillar of the Community
United States
3207 Posts |
westcoin, fascinating, I'd never seen such a low graded proof, thanks for the link. Even if it had been a year with business strikes, I suppose experts in 2 cent coins would be able to spot it as proof, but I can't.
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Pillar of the Community
United States
3658 Posts |
@nick10, my 1878 PR-40 Trey wasn't slabbed. It it hadn't been a proof-only issue, it might have passed for a well-struck business strike. It had that blackish surface rot that some of the nickel coinage gets and some pretty heavy dings. It would have been a details coin if submitted just about anywhere.
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Replies: 9 / Views: 1,959 |
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Posted 02/28/2019 08:44 am
