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Can you spend proof coins

Updated: 9/14/2023
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Wiki User

15y ago

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Yes, but the question is Why?

Proof coins are specially stuck so that they have mirrored finishes and sharp images, AND they're sold at a significant premium because of that. Plus they're packed in sealed plastic containers to protect them from wear and tarnishing.

So for example if you took a proof half dollar that retails for about 6 bucks and spent it on a candy bar, you'd get 50¢ worth of chocolate and throw away the other $5.50

Every so often a proof coin does turn up in circulation, usually as a result of a child taking it from a parent's collection or a thief being unaware of its value. But once a proof coin has been spent its collector value is pretty much ruined.

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15y ago
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If you mean the current $1 coins, unless they're in a proof or uncirculated set, they're worth exactly the amount shown on the reverse side. Feel free to spend them.


What is a James Buchanan gold dollar worth?

Only proof and collectors coins sold from the Mint have more than face value. Remember, the coins are made of brass, not gold. It's a dollar spend it.


What are Washington dollar coins worth?

All of the business strikes of presidential dollar coins and other modern one dollar coins are face value only. Unless it's a proof or uncirculated coin in it's original Mint packaging spend it.


How much is a 1995 Kennedy half dollar?

If you got it in change or at the bank, just spend it. The 1995 coins were released for circulation, only proof and mint set issue coins have more than face value.


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What is a proof or uncirculated coin?

The term Proof actually refers to a method of manufacturing that produces coins with very sharp details and a mirrorlike surfaces and are called Proof coins. Uncirculated or Mint State coins are coins not released into circulation and have no wear on them.


Are coins worth less in a proof set?

Coins in proof sets are generally worth a bit more than coins used in general circulation.


What is satin proof on a 1936 buffalo nickel?

Satin proof coins had a dull luster to them and looked too much like uncirculated business strike coins so they changed to the brilliant proof coins.


What do you mean by proof?

Proof coins are special coins produced by mints with special dies and polishing to be perfect and to have an extra eye appeal. Thus proof coins are near perfect representations of that particular coin.


What are proof like condition coins?

Proof-like coins have features similar to a proof coin, but may not fit the definition of a proof (for example, they may not be double struck). Proof-like coins have mirrored fields (you should be able to see your reflection in the spots of the coin where there is no design) and are generally of higher quality than coins produced for circulation.


What does matte proof mean?

Matte proof coins are special proofs that have a grainy "sandblasted" look on the surface. Matte proof coins were sometimes made in the early part of the 1900's. Normal proof coins have a mirror like brilliant surface.


What are satin proof coins?

A satin finish on a proof coin gives the field a softer appearance and not the crisp mirror finish found on other proof coins.