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Proof coin

Numismatic ProofProof coinage

Proof Coins & Proof Sets
Proof Coins are specially made examples of regular issue coins historically used as gifts or for presentation.

 


Proof coinage
Word: Word Starts with Ends with Definition
A beautiful example of a proof coin. Notice the deep mirror-like reflectivity of the surface and the detail in the strike.

Proof coinage means special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck in greater numbers specially for coin collectors (numismatists).

What is a Proof Coin?
From Susan Headley, former About.com Guide
See More About: ...

Low mintages for the Barber Dime, Quarter and Half Dollar assure that no more than 250 sets of U.S. Proof coins of 1909 could ever have been assembled.

Silver Clad Proof Coins
In the 1960s, the US Mint replaced silver coins with silver clad versions. Due to the Coinage Act of 1965, 90 percent silver alloy was no longer in use.

Silver Eagle Proof Coins are considered the coin collector editions as they also have decreased mintages and attractive deep cameo mirrored fields. Complete sets of MS69 and PR69 Silver Eagles are becoming very difficult to put together.

Proof Coins
The grading of Proof coins in higher levels is similar to that of Mint State coins. An absolutely perfect coin can be judged as Proof-70.

Proof coins are graded the same as regular mint issued or business strike coins. Proof coins can receive a circulated coin grade. Typically proof coins receive a condition or grade between 60 to 70.

Proof coins are coins which are specially struck for a variety of purposes - the original purpose, as the name implies, was to prove the die; so the earliest proofs are akin to die trials.

Proof coins have been made to the highest standard. Modern proof coins are produced using the most up to date technology as well as incorporating years old handed down skills.

Proof coins are struck using a specific technique to produce highly-mirrored fields and frosted devices. These coins are generally struck with more force, usually twice, and with polished dies.

Proof coins in the Liberty Head half eagle series dated in the 1840s are so rare that no private collector has ever assembled a set.

Proof coins are struck by technicians who hand feed the blanks into special presses. They are produced, examined, and packaged using extreme quality control. It is very unusual to find major proof errors.

Proof coins are ones struck with greater pressure than the usual circulation issues, using specially polished dies and carefully prepared blanks. In some cases more than one strike is made to ensure that the metal flows fully into the design.

Proof coins were handled much more carefully. Unfortunately, proof surfaces tend to magnify even the lightest mishandling into hairline scratches. Indeed, prooflike uncirculated coins generally have bagmarks and hairlines.

Proof coins are versions of normal coins, but produced by special dies, which give proof coins a mirror-like finish. They are collector's items, and more expensive to buy than the normal versions.

Proof Coins are special coins not made for circulation, but are made as specimen examples for collectors. They are usually struck two or more time with at least twice the normal pressure, generally with specially prepared dies to bring out the detail.

Proof coins are graded numerically in a fashion similiar to Mint State coins except they will be noted with a “PR' instead of an “MS' before the grade. For example, a Gem Proof will be graded PR-65.

Proof coins are graded in a similar manner to business strike coins (i.e. Proof-1 through Proof-70).

Proof coins represent the very best of the minter's art. Today, they are manufactured from hand-polished dies, are virtually flawless and are superby presented in customised packaging, with strict limits on production.

Proof coins have shiny fields and frosted devices (designs) whereas reverse proof coins have frosted fields and shiny devices.
Rim
circular raised area around the edges of the coin.

Proof coins are specially struck coins from meticulously prepared and polished Dies and planchets. These coins are then struck with perfect detail and brilliant surfaces.

A Proof coin that grades less than PR-60; a circulated Proof.
incandescent light
Direct light from a lamp, as opposed to indirect light such as that from a fluorescent bulb.

A proof coin graded MS-65 or better
Clad
coins that have a core of one type of metal and an outer layer of another ...

A Proof coin that that is no longer in a proof state, such as a circulated Proof.
incomplete strike
A coin that is missing detail due to a problem during the striking process.

A proof coin with wear or damage resulting from circulation or other handling.
incuse
The opposite of reliefÑdesign elements are impressed into the surface.

A proof coin downgraded because of damage or signs of circulation wear. On the 70 point scale, an impaired proof should always rate less than 60.
Incuse
The part of a coin's design pressed below the coin's surface.

A proof coin which somehow escaped into circulation or was otherwise significantly abused.
N.C.l. -
Abbreviation for Numismatic Certification Institute, Dallas, Texas.

A Proof coin that grades lower than PR-60.

Also see: Mishandled Proof ...

A Proof coin for which the planchet is treated in a manner other than polishing. A dull and frosted finish is achieved. See Matte Finish.
MATURE HEAD
See Young Head.

All Proof Coins
Star Designation
The Star Designation is NGC’s unique identifier of coins with exceptional eye appeal or characteristics that distinguish them from other coins of the same technical grade.

5. A proof coin or medal having a dull, finely granulated surface is called what?
Answer Matte Proof
Online currency price guide ...

~Prez Proof coin Sets delayed
~Production Schedule for upcoming Dollars.
Web ...

Gold Buffalo proof coins were available in only the one ounce weight until 2008, when the Mint also issued proof coins in half ounce, quarter ounce and tenth ounce fractional weights, with face values of $25, $10 and $5, respectively.

A set of one proof coin of each current denomination issued by a mint for a specific year.
Restrike
A numismatic item produced from original dies at a later date. (Example: Mexico 50 Pesos, 1947 coins are still being produced with the date 1947.) ...

Technically a proof coin might have been circulated because they were held by investors and collectors.
Grading Scales ...

matte proof
A proof coin with a granular (rather than mirrorlike) surface produced by dies treated to obtain a minutely etched surface ...

[Old Coins] [The Value Of A Coin] [Guide To Coin Condition] [Coin Values That Go Up] [Value That Rubs Off] [What Makes A Coin Collector] [What To Collect] [Phonies And Coins] [Proof Coins] [Designs On Coins] ...

Matte Proof - A proof coin with a grainy surface appearance produced by dies treated to obtain a minutely-etched surface.

American Eagle Proof Coin: Proof-quality bullion (platinum, silver, gold) coins released by the United States Mint beginning in October 1986.

World Mint & Proof Coin Sets Coin/Banknote Covers Gold Coins British Proof Sets
Coins & Cleaning
1st NEVER CLEAN OR POLISH COINS
How can one tell when a coin has been cleaned, especially if it was cleaned long ago?

Grading Modern Proof Coins
My Thoughts
A lot has been said about the grading services grading modern proof coins PR69 and PR70 DCAM (Deep Cameo). Here are MY thoughts on the subject.

A Proof coin that grades lower than PR-60.
Incomplete strike
A coin that is missing design detail because of a problem during the striking process. An incomplete strike may be due to insufficient striking pressure or improperly spaced dies.

Brilliant - A proof coin that has no contrast between field and portrait/devices. The surface is very reflective.
Cameo - See Cameo
Matte - Proofs coined from 1909-1916 which exhibit a granular sandblast look.

A proof coin or medal with a finely granulated surface. These were mostly produced around the beginning of the 20th century. Today, most proofs have frosted highlights.
Mint Lustre ...

effect. Modern day proof coins are struck from specially treated
dies to give this frosted (cameo) appearance. On older proof coins
the first produced by a die might have a cameo appearance. Later ...

[See Ask; also Singles for an example of how Bid is used in conversation] Blazer An Uncirculated or Proof coin having above-average luster and visual appeal. Veteran coin collector Fred Yee used to ask to see any "braziers" I had in stock.

commercial proof: A proof coin produced with the intention of being sold to the general public
debase: The state act of reducing the precious metal content of a denomination
decimal: Currency in equivalent units of base 10 ...

business strike - A coin intended for circulation in the channels of commerce (in contrast to a proof coin specifically struck for collectors).
choice - An adjective used to describe an especially select specimen of a given grade.

business strike a coin intended for circulation (as opposed to a proof coin specially made for collectors). bust a portrait on a coin, usually including the head, neck and upper shoulders.

This time it is on a proof coin. It is characterized by a more delicate date (as compared to the Large Date variety) and will exhibit a "7" that is relatively level with the rest of the date.

Soon India minted it's own proof coin sets for coin collectors. The legal tender in India is the Rupee which for first 10 years, consisted of 192 pies.

considered to have no numismatic value) mail bid An auction format in which bids are submitted by mail; the highest offer for each lot received by the closing date wins the lot (several other rules usually apply) matte proof A proof coin with ...

Proof set, commemorating regular Proof coins plus commemorative coins of that year.

Its long to describe, but the steps themselves aren't complicated - a non proof coin can be scanned, processed, and saved in about 15 minutes.

and Colonial Proof Coins 1722-1977, F.C.I. Press, Albertson, NY, 1977.
Breen, Walter, Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, F.C.I. Press/Doubleday, New York, 1988.

This was part of a complete proof coin set issued in that year. During his eleven year reign, there were three different portraits used on his coins.

matte proof - matte proof coins are special proofs that have a grainy "sandblasted" look on the surface. medal - an object made of metal that resembles a coin.

Only about 74,000 Walking Liberty ½-dollar proof coins were minted, all from 1936 to 1942, and a few matte-finish proofs in 1916 and 1917, as documented by Walter Brien, but this is disputed.

See also: Proof, Coin, Mint, Collector, Silver