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 Replies: 21 / Views: 2,664 |
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Pillar of the Community
United States
3323 Posts |
I am going through a large cache of coins for a friend. His mother pulled piles of silver out of circulation back in the glory days. While looking over several rolls of Franklin half dollars, I found a 1962 proof in the roll. There is a fairly good cameo effect on obverse and reverse. The mirror fields have a fair bit of hairline scratching, but I saw no obvious damage. I also remember that there was little rub on the coin, but it has obviously been in circulation. I would estimate that it would be in the PR55-60 range. Question: is this coin going to have any value above the silver content? Sorry - no photos. I've already put those rolls away and it would take a while to find again. If it would be worth the effort, I would go back and find it for him (should have left it out, but hindsight...) Thanks for the insight! Edit: the coin is actually a 1962. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111
11/01/2021 7:34 pm
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Bedrock of the Community
United States
94367 Posts |
Pretty hard to answer your questions without pics.  |
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Rest in Peace
United States
18456 Posts |
That was a hairy question for me yesterday when I made a statement that an impaired proof Franklin was just silver melt . Without photos it would be harder to evaluate , but your saying it's a circulated PF-55-60 ? Lets see what other members say .  |
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Pillar of the Community
United States
2280 Posts |
We want pics  You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Bedrock of the Community
United States
10029 Posts |
I agree with the above. We can tell nothing legitimate without seeing the coin.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
 United States
3323 Posts |
I was afraid of that. I'll have to reopen about 20 rolls to find that thing. But I'd hate to short change the guy if it might be worth more than melt (my gut says no.)
It'll have to wait until the weekend so I can dig out the coin and camera. Stay tuned and thanks for the replies thus far.
Edit: I found the coin in the third roll - what are the odds?!
It is actually a '62. I will work on photos ASAP.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111
11/01/2021 7:32 pm
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Bedrock of the Community
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94367 Posts |
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Moderator
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187582 Posts |
Quote:
It'll have to wait until the weekend so I can dig out the coin and camera. Stay tuned and thanks for the replies thus far.   |
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Pillar of the Community
United States
2869 Posts |
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Bedrock of the Community
Australia
21786 Posts |
An impaired proof Franklin would have the same value as an equivalent business strike of the same grade.
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Rest in Peace
United States
18456 Posts |
Quote:
An impaired proof Franklin would have the same value as an equivalent business strike of the same grade.   |
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Pillar of the Community
United States
7273 Posts |
An impaired proof would have bullion value unless you can get some one to pay more which I doubt. When I was doing my 20th century type set I decided to pick up a proof Ben, looking through the ones he had if it was PF 65 and higher the coin shop was selling at a premium to melt, anything below PF 64 was at melt/bullion. At $20-$25 for a slabbed proof Ben why would anyone pay more than melt for a lower grade circulated proof?
Edited by hfjacinto
11/01/2021 8:46 pm
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Bedrock of the Community
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@sel 691 - Wot? |
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Bedrock of the Community
Australia
21786 Posts |
Example:
I would consider to buy a PF-62 Franklin for MS-62 money.
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Bedrock of the Community
United States
94367 Posts |
So you're saying an impaired proof 62 would have the same value as an MS-62 graded coin, is that right?
Edited by Coinfrog
11/01/2021 10:07 pm
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Pillar of the Community
United States
7273 Posts |
Quote:
Example:
I would consider to buy a PF-62 Franklin for MS-62 money. I understand where you are coming from but a proof gets ugly really quick in lower grades. The above might work for example on older coins on newer common date Ben Franklin I wouldn't pay over melt for any proof that had circulation wear. But I think the Ben 60 cent piece is just an ugly coin so I wouldn't pay much over melt for 1 in perfect condition. |
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Replies: 21 / Views: 2,664 |
Posted 11/01/2021 09:07 am
