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Proof Coins: Making Money Episode 7

svgAugust 8, 2024Making MoneyUSMINT



rewrite this San Francisco Mint Deputy Superintendent Paul Lewis describes the process of minting proof coins and what makes them unique.. in good article for seo, remove all links and add some tips for making money in professional waySan Francisco Mint Deputy Superintendent Paul Lewis describes the process of minting proof coins and what makes them unique.

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19 Comments:

  • @ericsfc1ea.16

    August 8, 2024 / at 6:20 pmsvgReply

    Would love to see a vid on the extraction of coins from the collar if possible or the processes used to remove the coin from the strike area.

  • @budgetcoinhunter

    August 8, 2024 / at 6:20 pmsvgReply

    So, prior to 1971, were the proof dies just not protected, or what? Ultra Cameo, Deep Cameo, and even Cameo isn't common on proofs earlier than 1971. What changed in the process that year?

  • @mathematician1234

    August 8, 2024 / at 6:20 pmsvgReply

    On August 31, I bought a proof 2023 Peace Dollar and a proof 2023 Morgan Dollar. I ordered these silver dollars directly from the US Mint. They were minted in San Francisco and shipped out of Memphis. I also ordered the fancy white gift box/wrapping, because I wanted to give them as gifts. That was important to me. I chose delivery to my PO Box because that's more secure than my house.

    The good news is that the coins are flawless. They look amazing.

    The bad news is:

    1. The US Mint did not tell me that their delivery service (UPS) does not deliver to PO Boxes. They handed it off to a local delivery agent who also does not deliver to PO Boxes. Tracking said it was held up. The agent would not pick up the phone and would not respond to online messages at their web site. UPS contacted them repeatedly to no avail. A month after ordering I went to the delivery agent's physical address with the tracking number in hand and they handed the package to me. They did that without asking for any ID. The place was a disorganized mess. My package had my name and phone number on the front label, but they never called me. So, it took a full month to get the coins. The US Mint should not let you enter a PO Box for delivery if they cannot deliver to a PO Box.

    2. The US Mint did not tell me when I bought these coins that they did not have the fancy gift box/wrapping in stock. They charged me for them and they did not send them. I enquired, and they said they would send me a refund. I said I didn't want a refund; I wanted the fancy white gift boxes. I wanted to give them as gifts. As a test, I tried a new order, without paying, and their web site still let me pick the fancy white gift box/wrapping. I asked about that and they said no, the gift boxes are not in stock and you are getting a refund. So, they offer fancy gift boxes, sell them to you, take your money, but don't send them. The US Mint should not offer things for sale that are not in stock. It's a bait and switch. When they do make a mistake, they should give the choice of fulfilling the order when the items are eventually in stock. They should not force a refund on me against my will if I don't mind waiting.

    3. One of my coins arrived with a little handwritten paper note inside the box. It was written in shaky ballpoint pen, like the person who wrote it was really old. It says "Check Coin. Was Returned Due To Blemish." That had me worried. I looked closely, and there was an odd red thread inside the Morgan Dollar's plastic capsule, right across Lady Liberty's face. I put on a mask, held my breath, and carefully opened up the capsule and removed the thread, without touching the coin or breathing on it. Then I closed up the capsule. As far as a I can see, the coin is flawless. I guess that the thread is the "blemish" it was returned for. I mentioned the handwritten note when asking where my fancy gift boxes are, but Customer Service ignored me.

    Bottom line: The San Francisco mint proof silver dollars are lovely, but I will now sell these coins because I don't have the nice gift boxes I had my heart set on. The US Mint's web site, delivery service and customer service are deficient.

    So, expect good coins delivered badly.

  • @johnnyb3126

    August 8, 2024 / at 6:20 pmsvgReply

    Great information

  • @dinapopecaten2454

    August 8, 2024 / at 6:20 pmsvgReply

    So the Denver and Philly doesn't make Proffs? All proffs are made in San Francisco? Correct?

  • @jrodjrod4670

    August 8, 2024 / at 6:20 pmsvgReply

    I can not believe how hook I am on coins now 😲

  • @anthonymedford1837

    August 8, 2024 / at 6:20 pmsvgReply

    Beautiful

  • @tutnallman

    August 8, 2024 / at 6:20 pmsvgReply

    All this for an almost worthless one cent coin- remarkable…

  • @darthsilversith667

    August 8, 2024 / at 6:20 pmsvgReply

    Mint.. you’re a mess and things need straightened out ASAP!

  • @xp_studios7804

    August 8, 2024 / at 6:20 pmsvgReply

    Started freaking out when they were cleaning the blanks for a split second lmao

  • @onisan2659

    August 8, 2024 / at 6:20 pmsvgReply

    My brother found a silver proof Tennessee and gave me it

  • @yamaha226

    August 8, 2024 / at 6:20 pmsvgReply

    I love when i buy slabbed proof 70 coins and a month later they have milkspots all over rendering them worth far less now than what i paid.This needs figured out please.

  • @coinhorder9243

    August 8, 2024 / at 6:20 pmsvgReply

    The prices for the mint and proof sets are riddcules and are priced way higher then the resale value of it. The prices need to come down and be sold for what the resale value would be.

  • @Gabriel.4190

    August 8, 2024 / at 6:20 pmsvgReply

    No wonder we're losing money on pennies look at the process involved to make them🙄

  • @railfanadam1944

    August 8, 2024 / at 6:20 pmsvgReply

    Proof coins turn out very beautiful. It's amazing the Mint can do this to coins

  • @Bugsbunny248

    August 8, 2024 / at 6:20 pmsvgReply

    The America the Beautiful quarters are a series of 25-cents quarters, issued by the United States Mint, starting in 2010 and scheduled to continue until at least 2021, but the series may be extended at the option of The Secretary of the Treasury, potentially extending the series to 2033, and after that, i wonder what new quarters will keep coming out.

  • @maribakumon

    August 8, 2024 / at 6:20 pmsvgReply

    What happened to episode 6?

  • @bigrr64

    August 8, 2024 / at 6:20 pmsvgReply

    I just want to say thank you to the u.s. mint for producing these beautiful coins. It is such a pleasure so look at these beautiful beautiful coins I really appreciate all the hard work it goes into it thank you again.

  • @CoinsforAmateurs1

    August 8, 2024 / at 6:20 pmsvgReply

    Interesting and good info- many people ask how that Cameo appearance is produced and now I can direct them to this video! Thanks!

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    Proof Coins: Making Money Episode 7