Circulated proof Kennedys

CoinasaurusRex

Since catching the coin collecting bug a couple of months ago, I've taken to buying rolls of Kennedys at the bank. Out of $300 or so worth (so far), I've found a few 40% silver, one 90%, but and three circulated proofs--an 80-s, an 86-s, and a 90-s. What's the deal with the circulated proofs? How do these get there? Is junior raiding Dad's proof sets? And, does anyone collect these; do they have any value? (the mirrors are heavily scratched, the devices cameo; they look rather strange and pitiful that way).

C-Rex

Cam40

Is junior raiding Dad's proof sets?
OR..Dad raiding juniors sets.
do they have any value? (the mirrors are heavily scratched, the devices cameo; they look rather strange and pitiful that way).
In actuality Proofs are rare in grades lower than 60.
The `86 would be the most valuable I think.

hookedoncoins

There are many circulating proofs and their are even some really old circulating proofs. I seem to remember David Lawrence having a PR06 Morgan for sale.

As for who collects them... if you can get it worn down to below VF I think you could sell it to braddick.

-Jarrett Roberts

ccr

I would talk to Russ about the Kennedy Halfs. He`s pretty much considered the offical Kennedy King around here.

morganbarber

I too found a 1976S proof in a roll a few weeks ago. It has amazing mirror surfaces, but of course is more dinged up than any proff should be.

DHeath

I have put quite a few in circulation. If the coin has little value, and has obvious flaws (scratches, etc), I really enjoy spending them knowing someone somewhere will think they're special.

gmarguli

They are either stolen from someone and spent or the owner broke up the set because they really needed money or wanted another coin out of it and didn't know what to do with the rest of the coins.