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Post your impaired proofs!

Ted 1Ted 1 Posts: 891 ✭✭✭✭
edited April 29, 2025 8:10PM in U.S. Coin Forum

Let's see if this interesting topic has any traction.
Curious to see if anyone has an eye for less than perfect graded proofs.

Here's a head scratcher:

California Nationals, Replacement Nationals &
Lowball Sacagawea Dollars (P01-AU50)

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braddick, Omegaraptor, JWP, EagleScout2017, OAKSTAR, Twobitcollector, boxerdad, OKCC, Fancycashcom, JimW, MWallace, Tookybandit, TeacherCollector, jeffas1974, mainejoe, kansasman, Cent1225, SurfinxHI, Soldi, Histman, CurrenSee, jclovescoins, Outhaul, Timbuk3, LEMONHEAD_PENNY, daverickey, Maxcrusha, RedSeals

Comments

  • WaterSportWaterSport Posts: 6,894 ✭✭✭✭✭

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • SanctionIISanctionII Posts: 12,510 ✭✭✭✭✭

    1950 Genuine, Questionable Color

    PF64CAM (too bad the reverse fields are heavily impaired)

  • ShurkeShurke Posts: 640 ✭✭✭✭✭

    @ldhair said:

    What a lovely trime!

  • lsicalsica Posts: 1,618 ✭✭✭✭

    @Ted 1 said:
    Here's a head scratcher:

    I love this, because it makes my head spin thinking of how/why it got in that plastic

    • Why was it put in change in the first place? Did someone need a single coin from the set for an album and just decided to just spend the rest? Was it originally from a theft and the thieves just ripped stuff apart to spend it?
    • AU53? That meant it was in change for a while. Surprised it got passed around so long to let it wear down even that much before someone (collector or not) said "ooh pretty!" and at least stuck it in a drawer.
    • ~$25 in fees for a coin worth maybe a buck (if you could even find someone to buy it)? I mean maybe it's not a ton of money but I mean its 25 bucks you could use to buy a coin. Or a coin book. Or heck lunch for you and a friend at a coin show ;)
    • Its a 1972-S Quarter. A Proof Only Coin. Why slab it at all? Obviously not a high-grade coin. Not a lot of fakes out there to make certification mandatory. Maybe they thought it was the rare Business Strike issue of that date ;)
    • Not seeing any particularly interesting toning on it so thats not the reason
    • and finally - whoever certified it got ripped off. You shoulda got a CAM on it ;)
    Philately will get you nowhere....
  • Ted 1Ted 1 Posts: 891 ✭✭✭✭

    @lsica said:

    @Ted 1 said:
    Here's a head scratcher:

    I love this, because it makes my head spin thinking of how/why it got in that plastic

    • Why was it put in change in the first place? Did someone need a single coin from the set for an album and just decided to just spend the rest? Was it originally from a theft and the thieves just ripped stuff apart to spend it?
    • AU53? That meant it was in change for a while. Surprised it got passed around so long to let it wear down even that much before someone (collector or not) said "ooh pretty!" and at least stuck it in a drawer.
    • ~$25 in fees for a coin worth maybe a buck (if you could even find someone to buy it)? I mean maybe it's not a ton of money but I mean its 25 bucks you could use to buy a coin. Or a coin book. Or heck lunch for you and a friend at a coin show ;)
    • Its a 1972-S Quarter. A Proof Only Coin. Why slab it at all? Obviously not a high-grade coin. Not a lot of fakes out there to make certification mandatory. Maybe they thought it was the rare Business Strike issue of that date ;)
    • Not seeing any particularly interesting toning on it so thats not the reason
    • and finally - whoever certified it got ripped off. You shoulda got a CAM on it ;)

    Her older cousin beside her, same grade.

    California Nationals, Replacement Nationals &
    Lowball Sacagawea Dollars (P01-AU50)

    --- SUCCESSFUL BST TRANSACTIONS ---
    braddick, Omegaraptor, JWP, EagleScout2017, OAKSTAR, Twobitcollector, boxerdad, OKCC, Fancycashcom, JimW, MWallace, Tookybandit, TeacherCollector, jeffas1974, mainejoe, kansasman, Cent1225, SurfinxHI, Soldi, Histman, CurrenSee, jclovescoins, Outhaul, Timbuk3, LEMONHEAD_PENNY, daverickey, Maxcrusha, RedSeals
  • HoledandCreativeHoledandCreative Posts: 2,822 ✭✭✭✭✭

  • BillJonesBillJones Posts: 34,647 ✭✭✭✭✭
    edited June 3, 2025 6:04AM

    Why was it put in change in the first place? Did someone need a single coin from the set for an album and just decided to just spend the rest? Was it originally from a theft and the thieves just ripped stuff apart to spend it?

    I have received S-mint Proof coins in circulation. Part of the reason is that some of these Proof set have such a low price, compared to their face value, that some people have simply cracked them out and spent them rather than try to sell them.

    Also most people don't look at their change in detail. The coin might be a little shinier than normal, but most would not look for the "S" mint mark. Therefore the piece stayed in circulation for a few months.

    Perhaps a kid got into his father’s coin collection and spent it. Perhaps it was in an album and went bad. Most inexpensive albums are not a good “home” for Proof coins.

    The big question is why would anyone spend the money to have it certified? Perhaps it was the last freebie in a PCGS grading plan deal. It certainly makes no economic sense otherwise.

    Here's an 1861 impaired Proof silver dollar that was in my type set for several years. I was attracted to the smooth surfaces.


    A dealer friend saw this piece before a prior owner mess it up by cleaning it. He just shook his head when he saw it. I sold it for a profit to another dealer when I was in business. Believe it or not, I got $1,200 for it.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • VeepVeep Posts: 1,445 ✭✭✭✭

    Modern proofs have such limited value, it’s easier to crack them and cash them in than to try to find a buyer to make 50 cents on a set. Here’s a shot of my change bucket that will get dumped at the bank.

    "Let me tell ya Bud, you can buy junk anytime!"
  • Alpha2814Alpha2814 Posts: 127 ✭✭✭

    Pocket piece

  • lsicalsica Posts: 1,618 ✭✭✭✭

    @Ted 1 said:
    Her older cousin beside her, same grade.

    Ha SUPERB!

    Philately will get you nowhere....
  • @Coinbert said:


    This is the only circulated example of the nine known 1827 Originals.

    Whoa. Is this yours?

  • CoinbertCoinbert Posts: 400 ✭✭✭✭✭

    Yes.

  • privatecoinprivatecoin Posts: 3,580 ✭✭✭✭✭


    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

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