Which coins have a higher proof mintage than non-proof?
kranky
Posts: 8,709 ✭✭✭
Proof coins are generally considered to be minted in "limited quantities". But the 1987-P and 1987-D Kennedys have a smaller mintage than the 1987-S proofs of that year. Same goes for the 1970-D Kennedy business strikes vs. the 1970-S proof version (there were no 1970-P Kennedys). Those two cases are because the business strikes were available only as part of the Uncirculated Mint sets.
I don't know what the mintage of the 1996-W Roosevelt is compared to the 1996-S proof, but it may be another example.
Any other occurrences of that situation that you know of?
I don't know what the mintage of the 1996-W Roosevelt is compared to the 1996-S proof, but it may be another example.
Any other occurrences of that situation that you know of?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
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Comments
Bill
Technically, there were more business strike Kennedy's in '87 than there were proofs since both mints were running. 1970, though, proof mintage does total more than business strike mintage.
When one considers that in 1970, there were none minted for regular distribution, proofs exceeded business strikes, total combined was low by modern standards, and it was the last year of silver clad, it becomes a very interesting coin. Second only to the 1964, the 1970 is my favorite.
Russ, NCNE
K S
and '81 dollars, the '96-W dime, and lots of the modern commems. Interestingly
the number of survivors for most modern coins is far greater in proof. They may
have made only three or four million of the proofs, but these coins were cared for
and always had a premium so attrition rates have mostly remained under 2% per
year. The business strikes were merely dumped in circulation so the coins had at-
trition rates approaching 40% for uncirculated coins in the first few years of their
lives. Mint set production is typically much lower than proof set production and the
mint sets have not always had a premium. These coins were not very actively col-
lected so attrition rates on mint sets has also been quite high. Proof circulation
coinage probably out numbers unc by more than 10 to 1 in the 1965-1998 era if
the cents are not included.
(Also excluding coins still in mint sets which aren't in a collection.)
Russ, NCNE
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I love your signature line, any calls from Hollywood yet?
Joe
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
K S