Discussion in 'Coin Chat' started by Tim Sweet, Jun 9, 2019.
NIFC = Not issued for circulation
It that Proofs or Silver Proofs?
Log in or Sign up to hide this ad.
e.g., proof coins or silver proofs, are NIFC. The Kennedy half dollar is no longer issued as a business strike for use in commerce as it used to be. I think it has been 10 years or so since Kennedy halves were issued as circulation coins for people to use when they buy something at the store, so the Kennedy half is now an NIFC coin.
Early proof coins were minted as gifts for dignitaries. They have made it into the hands of collectors as well. They would be considered NIFC.
When dealing with non US coins the term commonly used is NCLT, Non-Circulating Legal Tender.
2003 Kennedy Half Dollar Mintage and Specifications
Circulation Mintage: 2,500,000 (Philadelphia), 2,500,000 (Denver)
Proof Mintage: 2,172,684 (copper-nickel), 1,125,755 (silver proof)
Mint Marks: P (Philadelphia), D (Denver), S (San Francisco)
Composition: 91.67% copper, 8.33% nickel (standard) / 90% silver, 10% copper (silver proof)
Weight: 11.34 grams (standard) / 12.50 grams (silver proof)
Diameter: 30.61 mm
Separate names with a comma.