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FREE: 1957 Proof Nickel

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Description

The listing, 1957 Proof Nickel has ended.

This coin was part of an ebay auction that I won quite some time ago. I thought I would put up here and see what interest there is on it. This is a 1957 Proof Nickel that I got from a local pick up only auction that was put on at christmas time several years ago by a local merchant. This coin is sealed just as I received it. Appears excellent condition an to have been sealed for a long time. Doubt it was ever circulated looks too good.Listing for 10 days so more have a chance to try for it. Good Luck to all. I will ship on the 21st if you want it sooner you will have to pay shipping. Thanks for looking Worldwide is responsible for any tariffs levied.

Questions & Comments

What dose Proof mean?

Jul 9th, 2011 at 8:03:49 PM PDT by

proof
- a coin produced from polished dies and/or planchlets. Most often each proof coin is struck twice/or more which gives the coin a very sharp degree of detail and mirror like surface. Proof coins are usually made for numismatic purposes, presentations, or souvenirs. Proofs are usually not made to circulated in commerce. Mishandling can lower the value and grade of a proof coin. Proofs are sold by the mint during their year of production at a premium to cover their special manufacturing costs. Sometimes sold only in sets.

Jul 10th, 2011 at 2:53:12 AM PDT by

What's a proof coin?
A newly minted proof coin is also Un-circulated, however it is the way it is made that causes a difference in appearance and qualifies it as a "proof". To understand this, let's look at how coins are made. Coins are produced when two dies strike a blank piece of metal with tremendous force. One die is engraved with the front (obverse) design for the coin. The other die has the back (reverse) coin design on it.

Jul 10th, 2011 at 2:54:29 AM PDT by

A proof coin is made with
a specially polished and treated die!
By treating the die in a special way, the coins it produces have a different appearance. Modern technology allows the high points on the coin design to be acid treated (on the die). The background (field) design of the coin die is polished, resulting in a mirror-like look on the coin it strikes. This gives the finished coin a frosted look (frosting) on the raise parts of the design, with a mirror like finish on the background. This contrasting finish is often called "cameo". (See picture above.) On some older coins a cameo appearance is quite rare. The attribute "CAM", when added to a coin's description, means cameo appearance. "DCAM" means deep cameo, and indicates the cameo appearance is strong and easy to observe.

Jul 10th, 2011 at 2:55:00 AM PDT by

Proof coins are struck twice, or more!
Not only are proofs made using specially treated dies, each coin is struck two or more times by the coin die. By striking it more than once the metal is forced into all the crevices of the die, thereby giving a very fine detail to the image on the coin. This fine detail does not appear on some non-proof coins.

Jul 10th, 2011 at 2:55:37 AM PDT by

Grading proofs
Today's grading of proofs is similar to the grades used for uncirculated coins. The attribute "PR" or "PF" stands for "proof", and is used instead of the MS (mint state) to indicate a proof coin. Proofs (that are also un-circulated) will be graded PR 60 to PR70, with PR70 being rare or nonexistent in some cases. Because a proof coin can be mishandled or receive wear by cleaning or handling, proof grades can extend below PR 60. Example, a PR50 grade proof coin, is one that has had a touch of wear on the high points of the coin. Like uncirculated coins, proofs can experience toning, tarnish or darkening.

Jul 10th, 2011 at 2:56:12 AM PDT by

Rarity and the Cost of Proofs
Because of the extra effort, time, labor and production costs in making a proof coin, the respective government mints often sell them at higher prices. In many instances the production of proof coins is limited. The end result is that usually, but not always, a proof coin of the same date will be more expensive than a non-proof uncirculated.
For most United States gold and silver coins, the proofs have the same amount of precious metal in them as non-proof uncirculated coins.

Jul 10th, 2011 at 2:57:13 AM PDT by

From what i could find on the internet this nickel could be valued anywhere between $5 and $25 since i am no expert that is the best guestimate I could make. One listed with a seller on the internet had a asking price of $12.95

Jul 10th, 2011 at 3:07:59 AM PDT by

i love ur auctions

Jul 13th, 2011 at 1:38:05 PM PDT by

Jul 13th, 2011 at 2:04:24 PM PDT by

Very nice auction .....I hope you do good seeing that i just put up a 1954 proof nickel!!!!! Will be watching :)

Jul 18th, 2011 at 7:12:15 PM PDT by

Thanks and I will be watching yours also

Jul 18th, 2011 at 9:51:25 PM PDT by

1957 Proof Nickel is in the Collectibles | Coins category