Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Decimal NCLT => Topic started by: trout on March 26, 2017, 03:00:18 PM

Title: Standard Proofs V's Silver proofs
Post by: trout on March 26, 2017, 03:00:18 PM
I find it a bit Odd that the standard Proofs decimals are valued higher than the equivalent Silver proof from the same year.
Given that the mintages of the Silver Proofs are far lower than the standard Proofs One would tend to think that the Silver Proofs would be more costly.
It may be that collectors are not including the Silver Proofs into their collections as well as the standard Proofs even though they are both NCLT coins.
Title: RE: Standard Proofs V's Silver proofs
Post by: seedyrom on March 26, 2017, 05:28:57 PM
I place a higher value on a standard proof, as it represents a master, none-better version of a circulating coin.
A silver proof coin doesn't know what it wants to be.
Is it bullion?
Is it a medal/token/homage?

Plus, at the cost of entry, the RAM has made it difficult to love.
Title: RE: Standard Proofs V's Silver proofs
Post by: trout on March 26, 2017, 05:54:04 PM
QuoteI place a higher value on a standard proof, as it represents a master, none-better version of a circulating coin.

I have to disagree with that because the Proofs are now Frosted and much of the fine detail is missing from the Modern Proofs.
For a proof coin to be the ultimate in perfection for a circulating design it shouldn't have a "Frosted" finish at all.
The closest that we have for this type of finish can be found on the early Wedding set coins.
These were struck 2-3 times on specially prepared planchets at high pressure in the same fashion that the pre decimal proofs were produced.
It took me 3 years to get these recognised as "Specimen" strikes by NGC But in the future I would imagine that these will be recognised as early decimal proofs eventually.  

QuotePlus, at the cost of entry, the RAM has made it difficult to love.

I have to agree whole heartedly with that.
The extra $150-$200 to cover the cost of using silver instead of copper/nickel to produce these is ridicules.
However on the secondary market these Silver Proof sets can sometimes be had for close to Spot price if you keep your eyes open :good: