Its weird to think that you have a channel based on something I'm interested, yet I never heard of it until I was a fan of 8-Bit Guy for around 2 years or so. Sad to know you don't use this one anymore, but nevertheless, I'm still a fan of 8-Bit Guy and Keys.
OMG!!! I have loved your 8-bit guy videos forever, but I never knew about your numismatic interests. This is awesome and I wish I had more upvotes and subscriptions to offer!
I only buy proof's now, I love the mirrored finishes on them. In gold they come with much lower mintage's, than standard BU gold coins do ie: 2016 panda bu 30 gram is 600,000 mintage, while the 50 gram Proof Panda, has a mintage of just 20,000!
I truly believe that in 50 years, any proof Silver Eagles without milkspots will be worth $$$$$. In fact I am beggining to believe that true with all coins. I only buy burnished or proof. Sure, I buy rounds for speculative purpose. Lol
Because it’s bin pressed more than once. More time gone into them. Therefore more better detail and shine. People want perfection these days and will pay for it
I have couple of the year 2000 Australia proof silver 1oz coin. I bought it in 2006 for $50'ish...now it's like $200-300. Worth the investment! Wow, I didn't know the 8-bit guys is a coin collector!
I just subbed your channel. Great vid. I fairly new to collecting coins and find I like the proof coins better. Not necessarily for any resale value but more for my own visual pleasure if that makes sense. I do have some regular bullion silver eagles though so I can see the benefit in getting silver closer to spot.
Many thanks, I have been researching "are the coin sets in acrylic worth anything" for a while now, and I think this has helped. Ever heard of - Wonenry Sonucas Approach - (should be on google have a look ) ? Ive heard some unbelievable things about it and my cousin got amazing success with it.
Proof coins were originally made as a trial piece to see how a coin design looks in the best possible presentation. Nowadays, they are a collector coin gimmick and are made in huge numbers. As a result, sometimes, BU versions have lower mintages and end up being worth more. You can buy beautiful old rare Franklin Mint proofs for spot, sometimes even for less than they sold in the 70s. They do have eye appeal but are very delicate and easily marred. I recently bought rolls of Benjamin half silver proofs for spot + 10%. An MS68 BU will cost a way lot more. It takes time to figure all this out. Subbed.
Thank you for your explanation. I just bought two "proof" 2019 Silver Eagles and paid twice as much than the regular "plane Jane" coins. I'm buying silver for long term investment. So moving forward, I'm staying away from the proof coins. Ugh!!!
Proof = Mirror field with frosted features. They have only more value if you buy them from the mints (the process is more expensive) But if you get the coin the value is lost. The value is only more if you find a collector who wants to pay more So a normall piece would be the same .. that is why I collect both. Important DON'T TOUCH THE COIN ... your fingers (fingerprint) will affect the coin(s) Leave the coin in the package and ho;d on the certificate.Don't buy it in China .. this is mostly fake. These days (last decennia) Chinese companies got license to copy old coins
MY INITIAL REACTION IS 'WHAT A WIMP' HOWEVER YOU DO A VERY GOOD JOB PRESENTING BOTH SIDES. I AGREE YOU DO NEED TO DETERMINE YOUR ULTIMATE GOAL, GIVEN ENOUGH TIM HOWEVER YOU CAN DO BOTH, BY TIME I MEAN FIGURE ON A MINIMUM OF 5 YEARS. PREFERABLY 10 TO 20 YEARS FOR A VERY GOOD IN DEPTH APPROACH
The answer is simple you buy proof you well spend more and it won’t warranty more money at the time you sell it. But some people spend money on cigarettes so you doing better.
i have had proofs, i had no clue what proof meant but now i know,. I live in a small area and there are a lot of old coins i find. Because they just go round and round this small town.
but WHY do they retain more value? WHY are they made to begin with? WHAT is their purpose? The Mint doesn't just put out different coins because they look fancyer.
I have been to the Australian miny and seen proof coins getting made they really do take care of thoose coins if they make it the slightest bit wrong they will just put it in a bucket to be taken away I would say about 30% of the proof coins they make are thrown away because of slight mistakes in the process
Whats your take on the freefall on silver prices?17 now how low you think we go 15? 10?..I just won 74 proof ikes in an ebay auction first time i ever got them this cheap.i got lucky.because most sold listings are still $8-12 ea...I would like to know your thought since im rather new..the 74 ikes i won are in tubes there in beautiful cond,,50 are 71s 24 are 72s..tot cost $427 shipped $5.77 ea...Seems like a very fair price dont you think?Ive noticed with silver ikes especially they hold there value more then any other silver coins even when silver is falling.Most sold listings now for blue and brown ikes are closing on ebay for the same price when silver was 22 per oz a couple months back..Why is that?
i bought 2x PF70 and p PF 69 x2 silver kruger coins (50 years aniversery) but never received them yet I bought and paid for them at SA coin, every time i contact them they have a different story just bullshit,any ideas or are there people that rceived there's from SA Coin here in South Africa
@@BrickTamlandOfficial he said penny bud, half dollars, dimes, and quarters were silver before 1965, dollars 1935 and older, while nickels were silver between 1942 and 1945
Moemen Shahawy I'm SO glad you asked. Like everything else, the proper pronunciation of any word can be googled. One can find an audio file next to the phonetic and proper spelling of any word. For me the mispronunciation of words is a fun little game. I don't mean accented distortions or ppl with multiple language speaking abilities making errors. I have tremendous respect for ppl able to speak more than one language.
I was not expecting to see David when I clicked on this video lol.
Same here lol
I like the proofs because in my last reincarnation I was a crow that liked shiny objects.
texman81 you’re either joking, or you’re crazy...
Cookie Crumbler yeah wtf 😂
I think that was a line in a movie I know not everyone is a movie buff. If not he defiantly has a sense of humor.
i purchased my first proof coin this week its more of a long term investment as well as being a great hand down in years to come
Its weird to think that you have a channel based on something I'm interested, yet I never heard of it until I was a fan of 8-Bit Guy for around 2 years or so. Sad to know you don't use this one anymore, but nevertheless, I'm still a fan of 8-Bit Guy and Keys.
OMG!!! I have loved your 8-bit guy videos forever, but I never knew about your numismatic interests. This is awesome and I wish I had more upvotes and subscriptions to offer!
I only buy proof's now, I love the mirrored finishes on them. In gold they come with much lower mintage's, than standard BU gold coins do ie: 2016 panda bu 30 gram is 600,000 mintage, while the 50 gram Proof Panda, has a mintage of just 20,000!
I truly believe that in 50 years, any proof Silver Eagles without milkspots will be worth $$$$$. In fact I am beggining to believe that true with all coins. I only buy burnished or proof. Sure, I buy rounds for speculative purpose. Lol
[touch] 😛
Short and sweet! Thank you!
My big question would be why did they make a proof version in the first place?
Because it’s bin pressed more than once. More time gone into them. Therefore more better detail and shine. People want perfection these days and will pay for it
thank you did not know what they were. not collecting yet but information is great. nice presentation clear concise and understandable
i'm really hard on people but you just nailed it , great voice , straight to the point, you left me wanting more
I have couple of the year 2000 Australia proof silver 1oz coin. I bought it in 2006 for $50'ish...now it's like $200-300. Worth the investment! Wow, I didn't know the 8-bit guys is a coin collector!
Was not expecting the 8-bit guy to show up in this lol
ok did not expect the 8bit guy lol, opened the video and was on another tab and was like "this guys sounds familar" lol nice!
I just subbed your channel. Great vid. I fairly new to collecting coins and find I like the proof coins better. Not necessarily for any resale value but more for my own visual pleasure if that makes sense. I do have some regular bullion silver eagles though so I can see the benefit in getting silver closer to spot.
Aren't You The Guy From 8-Bit Keys?
Many thanks, I have been researching "are the coin sets in acrylic worth anything" for a while now, and I think this has helped. Ever heard of - Wonenry Sonucas Approach - (should be on google have a look ) ? Ive heard some unbelievable things about it and my cousin got amazing success with it.
Proof coins were originally made as a trial piece to see how a coin design looks in the best possible presentation. Nowadays, they are a collector coin gimmick and are made in huge numbers. As a result, sometimes, BU versions have lower mintages and end up being worth more. You can buy beautiful old rare Franklin Mint proofs for spot, sometimes even for less than they sold in the 70s. They do have eye appeal but are very delicate and easily marred. I recently bought rolls of Benjamin half silver proofs for spot + 10%. An MS68 BU will cost a way lot more. It takes time to figure all this out. Subbed.
Hiii I'm coin collecter from sudan
What kind of coins do you collect?
MR Rami Amin I got a platinum 2000 coin trying to sell
PROOF COINS MAY BE A 'GIMMICK'' AS YOU CLAIM BUT THERE IS A STRONG MARKET FOR THIS
'GIMMICK'' THE PET 'ROCK' NOW THAT'S A 'GIMMICK''
USE EAR PLUGS
I have a few proof coins, but not for investment. They had images I really like so i bought them in proof format.
Thank you for your explanation. I just bought two "proof" 2019 Silver Eagles and paid twice as much than the regular "plane Jane" coins. I'm buying silver for long term investment. So moving forward, I'm staying away from the proof coins. Ugh!!!
Very nice video..love it..frm philippines
You should have made more videos, your videos are fantastic !
Whoa...a wild 8bit guy appears!
I always thought the frost was a cameo and the proof sets are one step above mint sets
Proof = Mirror field with frosted features.
They have only more value if you buy them from the mints (the process is more expensive)
But if you get the coin the value is lost.
The value is only more if you find a collector who wants to pay more
So a normall piece would be the same .. that is why I collect both.
Important DON'T TOUCH THE COIN ... your fingers (fingerprint) will affect the coin(s)
Leave the coin in the package and ho;d on the certificate.Don't buy it in China .. this is mostly fake.
These days (last decennia) Chinese companies got license to copy old coins
MY INITIAL REACTION IS 'WHAT A WIMP' HOWEVER YOU DO A VERY GOOD JOB PRESENTING BOTH SIDES. I AGREE YOU DO NEED TO DETERMINE YOUR ULTIMATE GOAL, GIVEN ENOUGH TIM HOWEVER YOU CAN DO BOTH, BY TIME I MEAN FIGURE ON A MINIMUM OF 5 YEARS. PREFERABLY 10 TO 20 YEARS FOR A VERY GOOD IN DEPTH APPROACH
excellent explanation, thank you
The answer is simple you buy proof you well spend more and it won’t warranty more money at the time you sell it.
But some people spend money on cigarettes so you doing better.
i have had proofs, i had no clue what proof meant but now i know,. I live in a small area and there are a lot of old coins i find. Because they just go round and round this small town.
Where can I get a coin case or something for my proof coin like the one's in this video
wait a minute isn't this the old computer guy
Wow beautiful coins
I like your channel 8bit keys too btw haha
considering the 1964 is 40 years older, I will take the 1964
All I want to know is what happened to Morby the lab assistant?
Was this really 5 year's ago ?
K O R i G A N yeah nigga
Cool thx. Now I know. And knowing is half the battle.
cool
Won't they tarnish though if circulated?
but WHY do they retain more value? WHY are they made to begin with? WHAT is their purpose? The Mint doesn't just put out different coins because they look fancyer.
I have been to the Australian miny and seen proof coins getting made they really do take care of thoose coins if they make it the slightest bit wrong they will just put it in a bucket to be taken away I would say about 30% of the proof coins they make are thrown away because of slight mistakes in the process
So in essence it has to do with the quality of the stamp process, correct?
Errors in coins can cost hundreds to thousands more than a proof, so it is best to check coins thoroughly before sending them to a smelter.
I had no idea David was into coin collecting! What?!?!?!
I recognize the set :) apparently were into the same things lol
Just was looking around for coins and I found this
Great video!
Whats your take on the freefall on silver prices?17 now how low you think we go 15? 10?..I just won 74 proof ikes in an ebay auction first time i ever got them this cheap.i got lucky.because most sold listings are still $8-12 ea...I would like to know your thought since im rather new..the 74 ikes i won are in tubes there in beautiful cond,,50 are 71s 24 are 72s..tot cost $427 shipped $5.77 ea...Seems like a very fair price dont you think?Ive noticed with silver ikes especially they hold there value more then any other silver coins even when silver is falling.Most sold listings now for blue and brown ikes are closing on ebay for the same price when silver was 22 per oz a couple months back..Why is that?
Michael Dillon man any time you see silver this cheap you buy. My rule is anything under $17 you buy, always.
Aaaaand subscribed.
you confirmed what I had surmised - thanks.
i bought 2x PF70 and p
PF 69 x2 silver kruger coins (50 years aniversery) but never received them yet I bought and paid for them at SA coin, every time i contact them they have a different story just bullshit,any ideas or are there people that rceived there's from SA Coin here in South Africa
Nice one
So can you legally spend a proof coin?
YES! BUY THEM!
COOINZ!
Dr Who yeee yeeee
Nah
another pro of proofs: they are easier to find because they have silver versions to this day
Wait, how is a 2006 qaurter 90% silver?
hey, you're the guy who reviewed old computers
Hey, it’s the8bitguy!
I have the mexican 1oz silver from your desktop background
memeoffline no way
memeoffline looking to get those
I have a few proof coins.
Thought ide just mention it's a lot clearer if you look here
en.m.wikipedia.org/wiki/Proof_coinage
Good but one who doesn't know what is proof is not a collector but maybe a wannabe stacker.
They can stack anything.
I. Prefer the 40%halves most recognized silver v.closer to currency value 😅
Don Desnoo what? I’ll take 90% halves all day
If proof coins don't hype they become worthless often less worth then normal coins with a shortage.
The 8 bit coins
i found a 1971 s penny in a gasstation
if it was 1964 or before it would have silver
@@BrickTamlandOfficial he said penny bud, half dollars, dimes, and quarters were silver before 1965, dollars 1935 and older, while nickels were silver between 1942 and 1945
@@mashedtomato2079 i think it said quarter but they edited it lol.
How is a 2006 .25 proof piece 90% silver? Are those in circulation?
I found a 2012 proof nickel at my job.
Now tell me something i dont know ,,,,,,
Who would buy silver during a zombie apocalypse, lol
that is what I was thinking
You’re an idiot.
Abhishek Kumar Tiwari...The ones with no brains, because we all know zombies don’t attack those with no brains!
Zobies only by fresh brains with proof silver coins.
Not a good comparison.....shoud have done the Silver Eagle standard and Silver eagle proof
I totally agree
Nah
It’s termed as matted finish🤓
I have a couple proof coins I can see my reflection on them like a mirror but I don't know if they are silver how do I find out
Look at the edge of your coin, if you see a copper ring, then its considered a standard proof clad coin with no silver
Do you have a tech channel?
You look real familiar
i think bunc looks better
wtf is the 8bit guy what the hell=? I'm surprised that you like silver and gold incredible to see
Booleeon lol
how's it said then?
Moemen Shahawy I'm SO glad you asked. Like everything else, the proper pronunciation of any word can be googled. One can find an audio file next to the phonetic and proper spelling of any word.
For me the mispronunciation of words is a fun little game. I don't mean accented distortions or ppl with multiple language speaking abilities making errors. I have tremendous respect for ppl able to speak more than one language.
@@FrankySilverFace Shut up
proof coins have a s mintmark
Esther Jacome Not 100% true ... In fact, all pre-65 proofs were minted in Philly .. some modern proofs have been struck at West Point and Philly ..
8-bit guy? wtf
Are you in a lab??
Dillon yeah nigga
Got one check my vids
I'm collecter from sudan
MR Rami Amin got a 2000 platinum coin 4sale
WHAT A WASTE OF TIME !
Thank you that was very helpful for me being a beginner coin 🪙 collector👍🏼