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 Replies: 12 / Views: 17,407 |
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New Member
United States
4 Posts |
I just got a quarter from the store that looks uncirculated. Its from 1963 and looks brand new, very shinny. The only trademark I can find is on the fron at the bottom of washingtons neck above and a little to the left of the 3. It says JF. Is this a fake coin? The cuts feel very new and feels slightly lighter then other quarters. Edited by Forum Mom to move from Classic US coins to Modern US Coins |
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Valued Member
United States
407 Posts |
Those are the initials of the creator of the obverse and reverse designs of the coin, John Flanagan. There is no reason to think that it's a fake coin. Steve |
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New Member
 United States
4 Posts |
i cannot find anything about this coin or what its worth, could anyone help me out?
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Valued Member
United States
407 Posts |
You've indicated that you found a 1963 Quarter with JF on the front under Washington's neck to the left of the 3. And it's really shiny, brand new. And you wanted to know if it's a fake coin because of the "JF". I told you that the "JF" is the designers initials, and that there is no reason to believe it's fake. Quote:
i cannot find anything about this coin or what its worth, could anyone help me out? I'm now forced to guess that you don't know what a Quarter is. Since it has a picture of Washington on the front and the date 1963, and "JF" under his neck by the 3, I'm guessing that it's a 1963 United States Quarter Dollar. Apparently in mint state ("brand new, very shinny"). Concerning it's value there are 3 distinct and separate answers to that question: 1. It's worth 25 cents. 2. It's worth a $7.20 for the value of the silver content. 3. It's worth more than $7.20 depending on HOW new and shiny it is. For information about this coin, see the following Wiki on the Washington quarter: http://en.wikipedia.org/wiki/Washington_quarterFor more information about the value of this coin based on how new and shiny it is, see the following table: http://www.numismedia.com/cgi-bin/c...de2=pricesmsHope this helps you out this time, Steve |
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Valued Member
United States
407 Posts |
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New Member
United States
4 Posts |
Here is a pic, unfortunately I couldn't get my scanner to show how truly shiny it is. However we can get a look at the quality I suppose. The JF cant be seen but its there.  |
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Valued Member
United States
407 Posts |
Yes, that's a Proof Quarter. It is 90% silver. Since it has been circulated and shows it well on George's cheek and hair it is now an "impaired Proof" and carries no more value than its silver content. About $7.20 +/-.
Steve
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Pillar of the Community
United States
3276 Posts |
How can you tell it is a proof from scans?
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Pillar of the Community
 United States
4618 Posts |
 Panfast Whytlash has it nailed, the coin looks like an impaired proof. It's rare to find a proof in circulation, as they are sold by the mint just for collectors and it's GREAT to find a silver coin of any kind. IF the coin were perfect and I mean no one had ever touched it and it had never rubbed against other coins, it could have been worth $10 to $50 and maybe more. For it to be worth more than $50, it would have to be in the top 1300 1963 proofs minted and they minted 3,075,645! Once a 1963 proof quarter enters into circulation with all the other coins, any value to a coin collector drops to the value of the metal. In this case it's 90% silver and with silver at $40.04 per ounce, the coins value is $7.24 at 5:30 AM central time. The price changes all the time, so by the time you read this, the coin could be worth a little more or a little less. You could try to sell it to a coin dealer, but the chance of getting the full value of the silver is very low. You might get around $6.00. Your best bet would be to try and sell it on ebay, but make sure if you do, you let buyers know it's an Impaired Proof that was found in circulation. The OTHER thing you could do is keep the coin. That would make you a speculator in silver and because you only had to "pay" 25 cents for the coin, you're way ahead of the game. If silver goes up, which overall it has in the last 6 months, you'll get more. How much is the trick of speculating Precious Metals. Just as an example, if you found the same coin 1 year ago, it would only have been worth around $2.75. Nice find.  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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Bedrock of the Community
United States
17884 Posts |
Quote:
The cuts feel very new and feels slightly lighter then other quarters. This is a good time to point out how subjective weight descriptions can be misleading. They say if feels lighter than other quarters when it is actually 10% heavier. |
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Pillar of the Community
United States
687 Posts |
Are you guys sure that's a proof? The reverse looks like a type A to me, but the image is pretty small.
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Pillar of the Community
United States
4618 Posts |
I'm never sure of anything in a photo or scan, but it would make sense that the coin was a proof. The description that Panfast gave matched with the fields of the coin in the scan make me think proof. It was different enough for the OP to track down Coin Community and register, post and then scan the coin, so it must be something different than a normal '63. I've used a scanner with coins that were both proof and proof-like and they looked the same as the scan above. So, based on all the information I had, I said it looked like a proof. I did do an overlay in Photo Shop to see how it matched a known proof and it's almost perfect. Here's what I came up with.  ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
Edited by Yokozuna
08/17/2011 1:50 pm
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New Member
United States
4 Posts |
You guys are awesome, very helpful.
I think i'll hold onto the coin and perhaps in the future it will be worth more.
Again, thanks for being so courteous and helpful.
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Replies: 12 / Views: 17,407 |
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Posted 08/17/2011 01:32 am
