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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.
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.
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. Several grading systems have been ...
A set of uncirculated coins packaged and sold by a mint. [1] Mint State (MS) Another term for uncirculated or fleur de coin, usually used in North America. Conditions range from MS-60 to MS-70. mis-strike An off-centre striking of a coin. monster box A large plastic shipping box for silver bullion coins, holding 500 coins.
A coin that has been graded as 60+ on the Sheldon or European grading systems. [2] The process by which a coin is made. The US Mint uses this definition for the coins in the uncirculated coin set that it sells. For these coins, adjustments are made to the minting process which result in a more proof-like finish.
As with just about any asset, a coin's value is determined by its market demand. This means that coins in short supply often see higher demand -- and higher values. With coins, supplies are limited...
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