Proof Kennedy Half Dollars, 'Circulated'

MarkW63

Several years I got on this kick of coin roll hunting for 40% silver Kennedy half dollars, yea I sold them on ebay for silver value, and yes, over a period of time I probably searched through $5,000 or more in halves. (don't kick me around to bad for that)
In doing that and looking through so many of them other interesting things turned up. I found several Kennedy half Proofs rolled up.
I didn't take a lot of effort with the picture of the group, but this thread isn't really about specific coin details.
My question is how does (or do they) even grade something like this?
Once its circulated is it even considered a proof anymore?
I mean one look and it obvious they're proofs, just circulated.
I kept them and put them into flips, I do have a small collection on Mint State Kennedy halves that I happened just by pot luck during my coin roll hunting.
In brief, I stopped at this small little country bank where this very friendly teller worked, I ask if they had in rolls of half dollars, she said she would check. She came back and said they had several and how many did I want, I said well, I take as many as $500.00 worth. I couldn't believe what she brought out, it was something like $300.00 worth in get this Mint Rolls! In consecutive order, both Philly and Denver mints! from 2001 through 2010! (Mint State,Not Proofs) I put together a couple of sets for me, tried to move sets on ebay, in the end I finely rolled what was left up and just cashed them in. (Looking back now I see how that was probably a bad idea, I just wasn't into collecting half dollars)
So, that's how I've acquired the proofs, I also did find a LOT of the 40% silver halves.
So, how would the value go on these after they've been circulated, I know less, most of them still have a very nice appearance.

clarkbar04

Those look like they were taken directly from sets and rolled up.

There are proof grades under 60.

MarkW63

@clarkbar04 said:
Those look like they were taken directly from sets and rolled up.

There are proof grades under 60.

When I found them I thought that they've came into a bank, fresh cracked out of mints set then machine rolled back into bankrolls, of course I nabbed them and carefully placed them into coin flips. If there's enough interest in them I can work on better photos of any of them, that 86 of course isn't a Kennedy, but its really a sharp coin.
I found one Kennedy half that was gold plated for some strange reason?

USSID17

Well, let's put it this way. I find proof Kennedy's all the time and throw them back. If they're scratched they're toast.

I guess we all have different priorities. I personally have zero use for them. That's probably why many people break them out of sets and just spend them. Unless of course they are silver. And I've found a few of those in boxes over the years.

MarkW63

I looked up some information on the 86 Liberty Half and with as many of them as they mint I wouldn't think mine would ever be worth much, as nice of a coin as it is.
https://www.pcgs.com/coinfacts/coin/1986-s-50c-statue-liberty-dcam/9619

daltex

Did you see the Walking Liberty pattern I posted in another thread? That's an impaired proof like the coins above (according to your description, I didn't take a close look at your coins). PCGS calls my coin a Proof 55.

I'd think there would be little premium (to face) to impaired modern proofs, always excepting metal content. The coins just aren't that scarce in lower uncirculated grades, like Proof 63-65. I don't mean to blow anyone's mind with the idea of uncirculated proofs. The only possibility is for someone putting together an Everyman Set, and I have no idea if those even exist for modern proofs.

ricko

I used to search rolls of half dollars.... never found much, just one WLH.... no 40% silver. I did find a couple of impaired proofs, did not save them. Already had a set of Kennedy halves, up to about 2008/9 ... then I just stopped. Cheers, RickO

291fifth

I have found a few circulated non-silver proofs of various denominations over a long period. There is essentially no market for them. I just spent the ones I found.

rmorgan

@MarkW63 said:

Once its circulated is it even considered a proof anymore?

A coin that is created as a proof is always a proof regardless of its circulation and condition. So a proof could be graded well below 60 such as 45, 20, etc, but it remains a "proof" coin.

jesbroken

With nearly 7 million minted, the 86S will probably never be worth anything. In fact, the PR70 recently dropped in value from $125 to $80 and the PR69 a ridiculous amount. Nonetheless, it is a beautiful coin and I'll keep mine regardless.
Jim

Treashunt

Once a proof always a proof.

MsMorrisine

proof is a method of manufacture

pcgs will label circulated proofs as PR45 or PR50 etc

also, $5,000 is just getting started

MarkW63

@Treashunt said:
Once a proof always a proof.

So, I take that to mean that proof's circulated or not kind-a has their own value guide?
I've probably toss a bunch of these back into circulation that didn't catch my eye as proof (over circulated) but the ones I came across that JUMPED out as Proofs I kept. Over the years in our family I never remember a proof coin being around (owners of).
So, like this 1972-S I spotted it as a keeper, all of them are FAR better condition than any circulated produced coin that I've just ran across (meaning mint rolled).
And as you can see I'm not trying to hide the fact that I got them out of "Bank Rolls"
The pictures did not capture the gleam of the surface, the background is mirror finished.

Namvet69

I agree that a proof is always a proof although grade condition will vary. Peace Roy

Treashunt

@MarkW63 said:

@Treashunt said:
Once a proof always a proof.

So, I take that to mean that proof's circulated or not kind-a has their own value guide?
I've probably toss a bunch of these back into circulation that didn't catch my eye as proof (over circulated) but the ones I came across that JUMPED out as Proofs I kept. Over the years in our family I never remember a proof coin being around (owners of).
So, like this 1972-S I spotted it as a keeper, all of them are FAR better condition than any circulated produced coin that I've just ran across (meaning mint rolled).
And as you can see I'm not trying to hide the fact that I got them out of "Bank Rolls"
The pictures did not capture the gleam of the surface, the background is mirror finished.

Regardless of wear, a proof is always a proof.
For proof only dates that circulated they will be graded as PR-12 - that is Proof F-12.

@Namvet69 said:
I agree that a proof is always a proof although grade condition will vary. Peace Roy

USSID17

However, with the above mentions I'll add this..

I pulled a clad 86-S Proof Statue of Liberty Commemorative from a circulated boxes of halves a few years ago. I had to look at it 4 times!! The proof luster was completely GONE! It looked like a business strike. No major damage or hits on the coin. Just zero proof luster... I guess just from being handled in circulation all those years, will do that to the coins finish.

I liked it so much, I added it to my 7070 four hole commemorative row. Although it brings the value of the set down a few notches, (lucky if it's worth 50 cents!) the patina and look of the coin matches real close to the Columbian Exposition, Stone Mountain and Oregon Trail commemoratives. I like the consistent look of sets.