Cheap proof single from the dealers.

Discussion in 'US Coins Forum' started by anchor1112, Sep 11, 2005.

  1. anchor1112

    anchor1112 Senior Member

    i saw some catalogs from the dealers selling cheap common proof single at a bargain. said 40 pc a roll of proof single common date quarters at $1.00 a piece. or $2.00 a piece for kennedy half dollar proof. are they cheap enough?. should i buy some from them?. to take those proofs out from the sets and wrap it into a roll of coins. aren't they gonna damage the proof coins?. like scratch, finger print, dirt and so forth. remember, proof coins are very easy to detect anything and it's very sentitive. because it was very shining and seems to be a perfect coin.
     
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  3. Morgan Dollar13

    Morgan Dollar13 New Member

    You can get a whole proof set for like $5
     
  4. anchor1112

    anchor1112 Senior Member

    cheap proof single

    but the price of all cheap common proof set went up recently. there were no $5.00 a set now. check it out. even the 1987 proof went up.
     
  5. NOS

    NOS Former Coin Hoarder

    I bought a 1985 proof set for only five dollars about two months ago from a coin store. '85s and '87s seem to be the cheapest for some reason.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    Proof coins, of any denomination, sold by dealers in rolls are in that roll for a reason. The reason is the coins are of a low grade and were deemed not worthy of sending in to be slabbed - or they were removed from a Proof set by a collector who did not want them and sold to a dealer at a discount.

    But once any Proof coin has been placed in a roll you can be assured it is of a lower quality than those coins found in intact Proof sets.
     
  7. anchor1112

    anchor1112 Senior Member

    proof single in a roll

    i don't know why proof single can be put in a roll. where that be damage to the proof coin. like scratch and dirt. beside that, if you buy a roll. you have to open it up and check if all those coins were really proof and have no scratch on its surface or black spot. proof coin is very shinny and seems perfect. a little thing wrong put that proof coin unwanted. it is very delicate. i rather buy a proof set and keep it.
     
  8. anchor1112

    anchor1112 Senior Member

    cheap proof single

    what are the minimum price for clad and silver proof single on all denomination?. dollar, half, quarter, dime, nickel and penny?.
     
  9. cladking

    cladking Coin Collector

    Coins can be removed from proof sets and put into rolls with no damage. It
    really isn't a difficult process if care is taken. There will be some significant
    damage on a very tiny percentage of coins and minor things like prints or
    small marks on a few but most coins will be fine. Only the very highest qual-
    ity coins are worth the cost of slabbing and a few other near gems will often
    be held out of the rolls. One thing that is fairly consistent on the wholesale
    market is that culls and problem coins have to be excluded for these rolls to
    sell. This means fewer than 2% of the coins are taken off the top but as much
    as 10% is taken off the bottom. All else being equal most of these rolls are
    slightly better than the average proof set though there is little chance you can
    find a spectacular gem in the rolls.

    Generally I wouldn't recommend the proof rolls for just this reason, but there's
    an even better reason to avoid proof rolls; they're usually more expensive! You
    can buy the sets to make rolls for less than the cost of the rolls and you can
    find the high grade coins in sets.
     
  10. anchor1112

    anchor1112 Senior Member

    Cheap Proof Single

    thanks guys, now i rather buy original set than single proof.
     
  11. anchor1112

    anchor1112 Senior Member

    single proof

    people are talking about quarter, nickel, dollar and half dollar proof. they must forgot the penny and dime. let's talk about these two proof coins.
     
  12. anchor1112

    anchor1112 Senior Member

    cheap proof single

    now the lowest clad proof single for common date quarter is 99 cent each. that is when you buy a roll of proof single quarters. for silver proof single quarter. the lowest is around $2.825 each for statehood silver quarter. and around $2.00 for common date silver quarter.
     
  13. anchor1112

    anchor1112 Senior Member

    sigle proof

    you can buy from the dealers cheap single proof. that is u.s. modern commems dated from 1983 - 1988. buy more at around $8.00 and single piece at $10.00. but all these without box and c.o.a.
     
  14. SeatedLibLover

    SeatedLibLover New Member

    If you want loose proof coins I suggest asking your local dealers if they have any proof sets that are missing the cases or COAs, or have damaged cases or are in some other way impaired, that they can sell you cheap. If you are going to crack them out, it doesn't matter what condition the packaging is in.

    I love going through my dealer's junk bin, and I just bought a 1999 clad proof set, just the state quarters, (no box or coa) for $3.00 because the case was split and the coins all toned. The toning is a golden colored ring around each quarter, and in my opinion is very attractive...I actually would have paid more for them because the toning is really cool, IMO. The dealer thought it was trash though.
     
  15. annie21

    annie21 Senior Member

    single cheap silver proof

    you can bid for single or rolls silver statehood proof quarter at around $2.00 plus or $80.00 per roll. plus shipping. that's is the minimum so far that you can get. and as high as $70.00 per statehood silver proof quarter for 1999 i guess.
     
  16. gmarguli

    gmarguli Slightly Evil™

    There are several proof sets that currently Bid for less than $5. If you factor in that most dealers pay about 10%-20% back of Bid for these sets, there are almost 20 sets that can be purchased by dealers for under $5.

    Do not assume the quality of proof coins in rolls will be low. The main reason these coins are in rolls is that the set was broken up for one of the other coins (usually the 50c or 1c). These coins just aren't worth selling one by one. No dealer wants to sell hundreds of coins at $1.25 each. They'd rather sells a few rolls at $1/coin.

    These coins might still be gem quality. If you're looking for a PF69 or PF70, I wouldn't count on it, but it is not impossible, and PF65-PF68 is very possible. The coins likely didn't get banged around too much. They were probably put directly from the proof sets into the roll.
     
  17. NOS

    NOS Former Coin Hoarder

    It ought to be a crime to butcher and destroy mint/proof sets. It is just disgusting.
     
  18. annie21

    annie21 Senior Member

    single coin

    why not the mint sell single proof coin to the general public. imagine with capsule and sleeves/box. it will be great. like from one dollar to one cent.
     
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