I went to my first coin show yesterday. I spent $22 which I was happy with. I bought a 1967 SMS (proof like) Kennedy Half for $2. Turned out to be a great deal after getting back from the local coin shop and the same coin for sale at $11. I also bought a 1969 Proof Kennedy half for $2, 1964 D AU for $3, and a 1968 proof like Kennedy half for $2. Then I bought the 1976 Bicentennial 3 Coin Silver proof set for $14. Where does this "proof like" term fall into as far as a numbered rating goes? Because after I did some research I found that proof like was a term that applied only to morgan dollars. The coins that I was told were proof like look better than uncirculated. Then today at the coin shop I bought the Dansco Kennedy Half Dollar book with the proof slots and when I got home I called my local bank asking if they had any Kennedy halves. They said they had 3 rolls so I was excited. I went over and traded 3 rolls of quarters for 3 rolls of Kennedy halves and opened them up. Sadly I found nothing before 1971. However, I got many different dates to fill the new Dansco album. Now I need to figure out how to put the coins in the Dansco album.
No, it states a level of luster and polish and eye appeal. I even have an NGC slabbed 2003 MS68RD PL Licoln Cent. It can apply to any non-proof coin.
"Proof like" is not an indication of condition, but rather a result of being struck from new or polished dies. You are mistaken. The term applies to any coin that was struck from proof like dies. Of course, no coin can be in better condition than "uncirculated". Proof like coins often are more eye appealing due to the fact that they have many of the same characteristics as proof coins.
When we lived in Marysville, the Columbus Holiday Inn show (Dublin, right?) was always one of my favorite events. I was always pleasantly surprised by the dealers and their wares and never came home empty handed. A. Columbus area coin stores never excited me. I had some dealings with all of them. One or two were more fun than one or two others. All in all, Columbus not considered a "collector" town. Of course, a big part of your experience at any coin store must be your personal relationship with the owners and clerks and I was not in Columbus long enough for that to happen. B. Are you sure that the two coins were the same? You would be surprised how different two identical coins can be. C. Just remember this happy moment when you go to sell some $11 coin and are offered less than $2 for it. If your hobby were bowling, you would get nothing back for your frames. At least you will get something back on the collectibles you enjoy now. Proof coins are struck from polished dies (is there an echo in here?), on polished planchets. Proof coins are usually struck at least twice. Proof coins are struck in low volumes at low speeds with special handling that can include cotton gloves, padded conveyors, etc. Proof is not a grade. Proof is a method of production. Proof coins can be graded at any number from 1 to 70, depending on their characteristics, including whether or not they circulated, were cleaned, etc. Morgan Dollars are commonly graded Proof-like. The Mint was forced to strike two million of these useless coins per month for over 20 years. They went through a lot of dies. As noted, Proof-like coins are those that come from new dies. Ah! Back to Earth! The best part of coming home is always sitting down with the new treasures. Sounds like you had a great show. You added to your collection. You seem to have found the values you were looking for. Thanks again for what I read as a "postcard from home."