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<p>[QUOTE="gatzdon, post: 260513, member: 8247"]I didn't mean to imply you were wrong, I was merely pointing out that I've found so many proofs in circulation. </p><p><br /></p><p>I've come to the conclusion that all of the following are happening,</p><p><br /></p><p>1. someone receives coins as a gift, doesn't care for them, doesn't think they are worth enough to bother finding a coin shop to sell them, breaks them open, and spends them at face value.</p><p><br /></p><p>2. someone steals a coin collection and either is afraid of getting caught selling them, or doesn't care about the real value and just cashes them in (drug addicts and kids come to mind here)</p><p><br /></p><p>3. coin collector dies, and family members assume it's worthless (remember the stereotype of parents telling kids their baseball card collection is a waste of time/money). they don't bother appraising it and just cash it in.</p><p><br /></p><p>I've found plenty of things in circulation that anybody with an inkling of awareness about coins would never dream of putting in their pocket, let alone spend at face value. I've found a 1912D Barber in XF, 1960 Proof Franklin, 1964 Proof Kennedy, 1965 and 1967 SMS Kennedy, Bicentenial silver proofs and uncirculated, etc...</p><p><br /></p><p>while it's a shame that someone is spending them, my son and I love finding them when we go through rolls.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 260513, member: 8247"]I didn't mean to imply you were wrong, I was merely pointing out that I've found so many proofs in circulation. I've come to the conclusion that all of the following are happening, 1. someone receives coins as a gift, doesn't care for them, doesn't think they are worth enough to bother finding a coin shop to sell them, breaks them open, and spends them at face value. 2. someone steals a coin collection and either is afraid of getting caught selling them, or doesn't care about the real value and just cashes them in (drug addicts and kids come to mind here) 3. coin collector dies, and family members assume it's worthless (remember the stereotype of parents telling kids their baseball card collection is a waste of time/money). they don't bother appraising it and just cash it in. I've found plenty of things in circulation that anybody with an inkling of awareness about coins would never dream of putting in their pocket, let alone spend at face value. I've found a 1912D Barber in XF, 1960 Proof Franklin, 1964 Proof Kennedy, 1965 and 1967 SMS Kennedy, Bicentenial silver proofs and uncirculated, etc... while it's a shame that someone is spending them, my son and I love finding them when we go through rolls.[/QUOTE]
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