1964 SMS Proof

Discussion in 'What's it Worth' started by Jamesb411, Apr 15, 2018.

?

How much is it worth? And was I stupid for breaking it out of the case ?

Poll closed Nov 15, 2018.
  1. Yes your and idiot

    80.0%
  2. No it’s worth money

    20.0%
  3. It’s worth 1 cent

    20.0%
Multiple votes are allowed.
  1. Jamesb411

    Jamesb411 New Member

    I shouldn’t have separated it from the set but I thought it would be easier to sell. My grandfather had a extensive collection. Please take a look. People on his site are great I’m glad I signed up.
     

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    JPeace$ likes this.
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  3. TONYBRONX

    TONYBRONX Well-Known Member

    We come to CT. I think you would need to have that coin certified to prove it is SMS!
     
  4. JayF

    JayF Active Member

    Curious, what other coins were in the set ?
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    Proof coins are different from SMS coins. Your coin is a Proof coin.
     
  6. Jamesb411

    Jamesb411 New Member

    There was a 1/2 Dollar, Qtr, dime, nickel, penny. I was taking out the silver ones to sell and I was just going through everything to see what there worth. I’m saving for a car.
     
  7. Jamesb411

    Jamesb411 New Member

    So it’s basically worthless.
     
  8. mikenoodle

    mikenoodle The Village Idiot Supporter

    not worthless, but not worth thousands, either
     
  9. Michael K

    Michael K Well-Known Member

    Book value for a 1964 cent proof may be as much as $1.50, but there's really no market for this. It's just a keeper.
     
  10. JPeace$

    JPeace$ Coinaholic

    Pretty Lincoln. I agree with others value assessment, but it is an attractive coin. I'd keep it.
     
  11. Jamesb411

    Jamesb411 New Member

    Just picked up a roll of these
     

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  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    And? Are you asking a question or....?

    If saving for a car, just picking them up could be a good thing or a bad thing depending on the situation.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    If you're trying to save for a car, spending on coins is going in the wrong direction.

    You're about as likely to "hit the jackpot" buying coins randomly as you are buying lottery tickets.
     
  14. Clawcoins

    Clawcoins Damaging Coins Daily

    Also, don't break up "sets" until you understand what you have.

    Might not want to buy "rolls" until you understand what you are buying especially if you think you are going to "flip" them for instant profit.
     
  15. Jamesb411

    Jamesb411 New Member

    I making offers to people on eBay for ridiculous amounts and if they except him I take him and then resell them and they’re making a lot of money on eBay based on making ridiculous offers for coins I got a roll of quarters silver for $67 so that’s profit right there I’m gonna break them down and sell them individually and I also just picked up a coin from 1811 I believe I was wondering if someone could help me identify it I’m gonna post a picture I’d appreciate it thank you. It’s a error too I believe ?
     

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  16. Jamesb411

    Jamesb411 New Member

    Also I have these worth grading ? Value.
     

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  17. furryfrog02

    furryfrog02 Well-Known Member

    Question - is the only reason you are here to ask people how much you should sell your stuff for? Or are you actually here to learn/participate?
     
    Spark1951 and JDcahill like this.
  18. Clawcoins

    Clawcoins Damaging Coins Daily

    It appears that he's selling his grandfathers collection.
     
  19. furryfrog02

    furryfrog02 Well-Known Member

    So just here to make a quick buck and bounce. Noted. Guess I will pass on answering questions :p
     
    JDcahill likes this.
  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I'm going to lay this out in a way that usually causes more upset than good, at least for folks refusing to see it for what it is.

    You're clearly new to this and are here asking very basic questions, yet apparently think making money off this hobby a cake job. Do you honestly not see any problem with this? If what you said about buying a roll of silver quarters for $67 is true, that's not bad at all, but most everything you've asked about suggests you're on a fool's errand. I promise you that you're far from the first to come up with this bright idea, and are far from the last too. I'll never understand why coins are one of the only fields in which total novices think they can waltz in and make a killing off the backs of those possessing the knowledge they lack, but this kind of thinking infests every aspect of this hobby.

    Perhaps you'll be one of the few who are able to navigate from novice to profit successfully, but don't count on it. You're clearly already straying from the cut and dry and doesn't forebode well for the future. If you really want that car I respectfully suggest you either stick to no-lose situations and be very honest with yourself about your true abilities. If you do not, chances are far greater that you'll either end up with a pile of junk and/or only make money for eBay than of getting that car.


    If the former, I will respectfully join you in not answering further questions, not because I do not wish to be helpful, but because it's not our responsibility to do the OP's work/homework for him. It's one thing to assist collectors, but something else entirely to do it for someone simply out to make a buck and doesn't want to first invest in himself. I am also hesitant to assist someone whose grand plan is to waste the time of others by "ridiculous" lowballing. Folks willing to do this on eBay are almost always willing to jack the next guy in the real world.

    If he wishes to learn and participate, though, this would not be the case.
     
    Spark1951, JDcahill and Bambam8778 like this.
  21. furryfrog02

    furryfrog02 Well-Known Member

    As always, you said it much better than I ever could.
     
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