"A collector in 1865 could have bought an entire proof set including the gold coins, but minus the 3-cent nickel for that year. The face value was $42.46 and could be purchased for $46.00 which included 8 cents proofing charge (hey Mint, are you listening?!) and the remainder of the cost to cover for the presentation, which wasn’t generally more than “cheap sulphite paper” [Breen 1977, p. 27]. There are even accounts where a visitor to the mint could directly purchase proof coins of the current year for face value. “Proof coins were also occasionally given out in lieu of regular business strikes when the latter were unavailable.” [Breen 1977, p. 20]"
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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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.