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Like circulated grades, proof coins are graded on the Sheldon scale from 1 to 70, and are preceded by the abbreviation ‘PF’ or ‘PR’ to distinguish them from circulation strikes. Proof coins graded 60 to 70 are mirrored to those of Uncirculated grades with the difference that the coin was not made for circulation.
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted.
U.S. commemorative and bullion platinum, palladium, gold, and silver coins are also often issued in both uncirculated and proof types, sometimes with different mint marks. From 1992 to 2018, the silver coins in silver proof sets contained "coin silver", 90% silver and 10% copper, the same silver content as coins minted through 1964.
The 2009 proof set contained the highest number of coins and the highest combined face value ($7.19) of any proof set as of 2019, containing the four Lincoln Bicentennial cents (with a special composition of 95% copper), all six District of Columbia and United States Territories quarters, five dollar coins, and the standard nickel, dime, and ...
Coin collecting, sometimes called numismatics, can be more than a hobby for some. It can be a money-making investment. The same goes for collecting, saving or reselling old paper money. Learn: 5 ...
Commemorative coins date as far back as the 1890s and were produced over the next several decades. Some of the older coins can sell for thousands of dollars on the collector’s market. But most ...
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