A reverse-proof coin is exactly what you might expect it to be, it is the opposite of a proof coin. Instead of having a mirror-like finish in the field, the mirror-like finish is in the details. Collectors are notably attracted to reverse proof coins for their stunning appearance.
Reverse-proof coins are rather rare. They are usually produced for special releases. This makes them an interesting item to collect. A popular choice is the reverse-proof silver American Eagle. Another option is the Canadian Maple Leaf reverse-proof.
How are Reverse Proof Coins Made?
The coins blanks, called planchets, are polished to create reverse-proof coins. The planchets are carefully inspected to ensure there are no imperfections. The dies are also specially prepared and are used to strike more than once to achieve the desired finish. The planchet is stuck using higher pressure than usual.
Before using computers and lasers, mint workers had to manually help produce these coins, making older coins rarer.
The finished product is carefully inspected for errors. Approved products are carefully packaged and most come with a certificate of authenticity (COA). The U.S. Mint produced its first reverse-proof coin in 2006. The 2006 reverse-proof silver and gold Eagles are sought after and a good year to collect.
Reverse-Proof Coins as an Investment
Reverse-proof coins have investment potential. The first benefit is that they have limited mintage making them rarer than their standard counterpart. The second advantage is their beautiful appearance. They are also inspected for perfection. They are often minted to celebrate an historic event adding to their collectability. Many are carefully packaged to protect their value. By carefully selecting coins based on mintage, condition, market demand, and historical relevance, investors may potentially achieve a profit.
The American Innovation Series
The first of this one-dollar series was released in 2018. The American Innovation series features reverse-proof versions. The most recent versions celebrate Ohio, Louisiana, Indiana, and Mississippi.
These coins were released in November of 2023,
- Ohio: The coin celebrates the Underground Railroad.
- Louisiana: This one features the Higgins Boat that was used during World War II.
- Indiana: This one celebrates two vehicals, an early version gas vehicle and a moderns Indy style race car.
- Mississippi: This coin commemorates the first human lung transplant.
These reverse-proof $1 coins were released in November of 2021,
- New Hampshire: This coin celebrates the first home gaming system created by Ralph Baer.
- Viginia: This one commemorates the Chesapeake-Bay Bridge Tunnel.
- New York: This coin features the Erie Canal with a boat being pulling from east to west.
- North Carolina: This coin celebrates the first public university, the University of North Carolina at Chapel Hill.
These reverse-proof coins were sold to citizens directly from the U. S. Mint. In 2023 the U.S. Mint also released a reverse-proof set that included a Morgan and Peace dollar.
Reverse-proof coins, with their unique blend of aesthetic appeal, historical significance, and investment potential, offer a promising opportunity. However, as with any investment, the key to success lies in thorough research and careful consideration of factors such as mintage, condition, and market trends, empowering the you to make informed and confident decisions.