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Replies: 16 / Views: 2,411 |
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New Member
United States
35 Posts |
I got this Proof California State Quarter in change from a soda machine. I was shocked that someone would spend it at face value. I would guess this reduces its value considerably, or can it still be worth a little more because of the S mint mark? It is obviously scratched, and the mirror finish looks terrible. 
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Pillar of the Community
United States
7018 Posts |
Silver or Clad (has copper on edge)? I'm assuming clad...value 25 cents...In that condition I would set it free and put it back to work.
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New Member
 United States
35 Posts |
It's just a clad, conversation piece only I guess. The frost still looks nice :-)
Edited by KoinKorny 05/11/2021 9:42 pm
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Bedrock of the Community
Australia
21786 Posts |
A circulated proof. As is, value 25 cents. A keeper, anyway.
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Pillar of the Community
United States
1613 Posts |
"Worth face value" is not true at all. One only needs to look at those paying above market average of a mid-grade coin for a coin grading PO-1. ALL coins have a value above face, only in some cases, such as that which this proof falls under and would require a buyer from a much smaller group of collectors. In other words, I am willing to bet that someone is working on a lowest graded proof run for a registry.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo 05/12/2021 09:49 am
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Moderator
 United States
188187 Posts |
I always appreciate a proof rescued from the wild. Nice find! 
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Pillar of the Community
 United States
4618 Posts |
I collected so many coins like this when I worked in a game room back in the 80's. I would also find the broken plastic holders in the trash. I found most of the coins when I collected the quarters from the machines at the end of the day.
A kid paid for a Coca-Cola at the snack bar with a perfect proof Ike that he had just taken out of the plastic case, so I asked him where it came from. He said his grandfather had given him sets of coins like this for his birthday starting the year that he was born, but he didn't really like coins. I offered to buy the coin in the holders, but he never came back into the arcade as far as I know.
I can't imagine just how upset his grandfather would have been if he ever found out what the kid was doing.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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New Member
 United States
35 Posts |
Thanks for all the comments :-) Here is another save from circulation, a 2003 one ounce Walking Liberty dollar my son retrieved from the natural food store he was working at a number of years ago. A young person used it to buy a small natural energy bar or something. My son was the manager and asked if he was sure he wanted to spend it? No problem, he said, so later that day my son put in $1.00 and gave it to me, my son knew it was worth more than a dollar. I do find it odd that many have no concept of what silver is worth. 
Edited by KoinKorny 05/12/2021 6:26 pm
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Pillar of the Community
2145 Posts |
Quote: Here is another save from circulation, a 2003 one ounce Walking Liberty dollar my son retrieved from the natural food store he was working at a number of years ago. That's amazing. With all the dollar coins out there that nobody spends (Ikes, SBA's, Sac's) And nobody called the cops, like the people that try to spend 2$ bills and get accused of passing counterfeits - 
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New Member
 United States
35 Posts |
The scratches were new when I got it, but the dark tarnish shows it was never taken care of. I have it in a plastic sleeve in a vault.
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Moderator
 United States
188187 Posts |
Quote: Here is another save from circulation, a 2003 one ounce Walking Liberty dollar... Fantastic find! 
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Bedrock of the Community
 United States
12818 Posts |
Quote: Here is another save from circulation, a 2003 one ounce Walking Liberty dollar... Technically that is an America Silver Eagle. What an unusual find in the wild! This just reinforces that I need to instill the value of my coins/collection into my son before he decides to go cracking slabs to buy a Snickers bar.
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Pillar of the Community
 United States
5178 Posts |
Herewith We Declare that the American Silver Eagles are NO LONGER NCLT! 
Edited by NumisEd 05/13/2021 2:04 pm
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Moderator
 United States
188187 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote: I do find it odd that many have no concept of what silver is worth. Remember you have to be at least around 60 years old to remember silver in everyday circulation. Many young people today probably don't even have the concept of coins possibly being made of silver, and if they do they have little to no idea which ones might be. If they do it is probably because they have been told that "dimes, quarters, and halves before 1965 have silver in them" but a 2003 ASE isn't a dime, quarter, or half, and it isn't before 1965 so unless they READ what is on the coin they won't know it is silver. And a LOT of young people today don't read if they don't have to. WE know because we are involved with coins as collectibles. But if you were to ask the average non-collector what their coins are made of a sizeable proportion of them probably would have no idea.
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Moderator
 United States
15414 Posts |
Nice find - I refer to that as an impaired proof.
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Replies: 16 / Views: 2,411 |