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 Replies: 20 / Views: 3,048 |
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Pillar of the Community
United States
3276 Posts |
So I just started collecting and started on a dansco 7070. (i know nothing about coins). I am going to save to get very nice grade coins, but I am wondering what proofs are for some coins. my question is; if you collect, should you not combine regular coins and proofs? should I not include any proof coins in my album? I can't find too much info on proof coins. are they like regular coins but just made very well? are they always worth more?
i just want advice as to what proof coins really are and if I should not include any in my album and if I should just get regular mints.
thanks, michael :)
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Pillar of the Community
United States
7123 Posts |
Welcome to the forum! Proof is the minting process, the coins are struck more than once with higher pressures from specially prepared dies. The fields of the coin are mirror finish and most of the modern proofs will have frosted devices although not all will, in fact on some issues it's very difficult to find coins with frosted devices the ultra moderns will all be frosted since the die preparation method has changed, proofs are struck specifically for collectors. whether or not to include any in your collection is a personal choice, I'm not sure if the 70/70 has slots for proof issues or not since I don't use that particular album as a collection guide. Proof issue  Mint state issue  |
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Pillar of the Community
United States
759 Posts |
If you set up a spreadsheet for the entire 7070 inventory at a very high grade of say, MS65, it would be scary. I think most people are forced to step down some grades for a matched grade set, or mix and match grades. There are some pictures of completed 7070s here with everything from G to Proof and they look beautiful. Basically, collect what you like and can afford.
Metalman covered the proof process. I have proofs in my 7070. Proofs can vary in value from not much over face value to millions, I think.
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Pillar of the Community
United States
1000 Posts |
 There is no right or wrong answer to whether or not to include proofs in your 7070. I did put the silver proof bi centennial coins in mine...They look nice with the american eagle....as for the other pages I am trying to fill it with the best coin I can afford at the time...I have been trying to get EF or better. For me, my personal goal is to be able to see what the coins actually looked like when they were circulating....so an old About good or good graded coin will not be put in my 7070. Good luck and have fun |
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Pillar of the Community
United States
4085 Posts |
I also have a few proof coins in my 7070 - as others have said, it really is personal preference and the "look" you are going for. Some like to collect all coins in roughly the same grade, others go for best they can afford for each slot, and some have even assembled a set of all holed coins or all low grade coins.
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Bedrock of the Community
United States
20753 Posts |
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(i know nothing about coins). Kind of funny since that is one of the typical statements used on ebay to sell coins.  What you should probably do is purchase a copy of the Red Book by Whitman Publishing. Such books can give you a real overview of all types of possible ocins for that collection. And as already mentioned there is no right or wrong way to collect coins. In reality there is no right or wrong way to collect anything. YOU do what YOU want since it is YOUR hobby. |
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Pillar of the Community
United States
8904 Posts |
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I have proofs in my 7070  I personally think the mix of proofs and business strikes adds to the collection's overall look versus serving as a distraction.  and Good luck with your 7070! It's truly a wonderful experience!  and  |
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Pillar of the Community
 United States
3276 Posts |
thanks so much for the replies everyone. I think I will just add a few proofs, like cheap modern ones. and I did purchase a whitman RedBook on ebay. I know it can be off sometimes but it will be a great starter guide. and I will get pictures up once my 7070 album comes in the mail :) I'm excited. and I see some great coins on ebay but I am too scared to buy on there. I can't spot a fake, and I also like to see the coin in real life first. does anyone here stay away from ebay? |
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Pillar of the Community
United States
3276 Posts |
oh and how do I edit my profile information? I would like to change my picture to a coin I actually like. haha.
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Bedrock of the Community
United States
14454 Posts |
you will have to email the picture you want added to susan and she has to be the one to add the avatar for you to use. Here is a faq that tells you the steps to take to get it done https://goccf.com/t/29898 |
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Pillar of the Community
United States
3276 Posts |
is there a list of default pictures I can just choose from?
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Pillar of the Community
United States
1081 Posts |
I have purchased off ebay and have gotten much better at learning to spot real/fake or damaged/cleaned coins. If you're just starting out, I suggest buying third party slabbed coins as they offer much more security in ensuring the coin is genuine, undamaged and graded correctly. However, I would use only PCGS, NGC, ANACS or IGC, other slabbers are much more risky. Also, don't go by the grade in an ebay auction, they are generally high. You should learn to grade the coin yourself so you can determine it's value. The best way to do that is through experience. Good luck. |
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Bedrock of the Community
United States
12437 Posts |
I would recommend getting one more book before you start- The Official Red Book: A Guide Book of U.S. Type Coins. If you are serious about a type collection, this book will be very useful. The regular Red Book just lists values, mintages, and some history but it does not delve into the details and intricacies of each series. Many coin series have their own specialized reference books and you can accumulate a rather large numismatic library that way. This book is a condensed version of that specialized numismatic material and it will be a great reference without being information overload. |
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Pillar of the Community
United States
2605 Posts |
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is there a list of default pictures I can just choose from? Yes! Go to "My CCF" rectangle on top of the page, then to "Edit My Profile". You'll need to reenter your password and then you can change any info about yourself, including choosing an avatar of dozens of default options. Quote:
I would like to change my picture to a coin I actually like. haha. I happen to like your current avatar coin a lot!  |
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Pillar of the Community
United States
3276 Posts |
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Pillar of the Community
United States
1745 Posts |
I have a few proofs in my 7070, I chose my home state Minnesota in a silver proof and a few other moderns. Do what you like. Welcome to the forum and get yourself a RedBook. |
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Replies: 20 / Views: 3,048 |
Posted 01/08/2011 09:02 am
