I found this 1968S proof in a bank roll this morning. How does such a coin end up in general circulation? The only explanation I can think of is that was part of a stolen collection. Does anyone else have another idea? Thanks, Joel
1968S Proof from bank roll
Collapse
X
-
Well stolen is one... Bad times is another, cashing in the collection for FV. Also just breaking up a collection -- not wanting to "bother" with the sale of "pennies". Broken out of proofs, the silver and clad sold off, cents "not worth it". Stupidity in general. I have heard collections cashed in because of divorce etc...
There are most likely many many more - beyond StolenArJohn
-
You are over thinking things. It's most likely that the coin was considered unmarketable by a dealer and tossed in the till and turned in to the bank. I have seen that happen a bunch of times. Additionally I have seen where people inherited collections, were told they weren't worth over face value, so they cashed them in. Even I have turned proofs in to the bank because they were damaged. I have done the same thing with a number of wheat cents...and I didn't steal any of them.
Saying that because this coin is proof and ended up in circulation as a result of a crime is a huge stretch.Charles D. Daughtrey, NLG, Author, "Looking Through Lincoln Cents"
[URL="http://www.coppercoins.com/"]http://www.coppercoins.com[/URL]Comment
-
Just like most PSD, we can only guess.....but I have a handful of proofs pulled from circulation....it's fairly common.Comment
Comment