Proof coins v non proof

In Coincraft's Catalogue of UK coins the 1902 crown in matt proof is
valued at £120 while the non proof is £130.

The mintage figure for the matt proof is 15,123 while the non proof is
256,020, almost 17 times as many.

Are fewer collectors interested in proof coins or is the fact that it's
a matt proof turning collectors off it? Billy

On Sun, 05 Dec 2004 12:03:43 GMT, note.boy
wrote:

In Coincraft's Catalogue of UK coins the 1902 crown in matt proof is
valued at £120 while the non proof is £130.

The mintage figure for the matt proof is 15,123 while the non proof is
256,020, almost 17 times as many.

Are fewer collectors interested in proof coins or is the fact that it's
a matt proof turning collectors off it? Billy

I think fewer collectors are interested in proof coins. In the modern era
of the hobby of coin collecting there has been a bias against coins made
just for the collector. That bias ebbs and wanes but overall I suspect
fewer people want proofs than uncirculated examples. Proof Indian Head
Cents has mintages in the hundreds and yet are only marginally more
expensive than uncirculated coisn from the same year with mintages in the
many millions.

"A. Roy" wrote in message
...
Hello, Jorg Lueke !
You wrote:

I think fewer collectors are interested in proof coins. In the modern
era
of the hobby of coin collecting there has been a bias against coins made
just for the collector. That bias ebbs and wanes but overall I suspect
fewer people want proofs than uncirculated examples. Proof Indian Head
Cents has mintages in the hundreds and yet are only marginally more
expensive than uncirculated coisn from the same year with mintages in
the

many millions.

I would much prefer a sharp, satiny brown, lustrous EF-AU Indian or large
cent over a brilliant MS example, price notwithstanding. I have never
considered including a proof Indian or large cent in my date or type
collection. A combination or personal taste and affordability.

On the other hand, I will admit that a PF69 DCAM modern silver coin does
look better to me than an MS example.

Bruce

On Mon, 6 Dec 2004 12:35:46 GMT-5, A. Roy
wrote:

Hello, Jorg Lueke !
You wrote:

I think fewer collectors are interested in proof coins. In the modern
era
of the hobby of coin collecting there has been a bias against coins made
just for the collector. That bias ebbs and wanes but overall I suspect
fewer people want proofs than uncirculated examples. Proof Indian Head
Cents has mintages in the hundreds and yet are only marginally more
expensive than uncirculated coisn from the same year with mintages in
the

many millions.

I think it's more likely that the survival rate of Proofs is much higher
than business strikes. If the Proof was originally a presentation piece
or
a collector's purchase, it would have been prized, preserved, and passed
down to other generations. Not so with circulating coins.

Higher supply means lower price.

I think proofs generally have lower numbers in the slab censi, so I think
the uncirculateds generally do exist in greater numbers still, but
definitly in a much smaller ratio than the minatge figures give. The fast
majority of business strikes did get circulated.

Hello, Jorg Lueke !
You wrote:

I think fewer collectors are interested in proof coins. In the modern
era
of the hobby of coin collecting there has been a bias against coins made
just for the collector. That bias ebbs and wanes but overall I suspect
fewer people want proofs than uncirculated examples. Proof Indian Head
Cents has mintages in the hundreds and yet are only marginally more
expensive than uncirculated coisn from the same year with mintages in the

many millions.

I think it's more likely that the survival rate of Proofs is much higher
than business strikes. If the Proof was originally a presentation piece or
a collector's purchase, it would have been prized, preserved, and passed
down to other generations. Not so with circulating coins.

Higher supply means lower price.

--
See ya ...
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Alan Roy
CNA #17134 eBay: al-roy

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