Another word for mint condition is mint state. The abbreviation
MS is used when grading coins. If you coin has very little
scratches, dirt, or other ware it could be in mint condition.
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None. A microscope is not need to figure out the mintmark. It is
big enough to see. You can however use a magnifying glass to see
other details better.
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All coins are graded on a scale of 1 to 70, 1 being the worst
condition and 70 being the highest. So the mint state for a Peace
dollar is considered and where from MS60 to MS70. MS is the
abbreviation of mint state.
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In collecting US coins MS is the abbreviation of Mint Sate which
is a numismatic grade for a coin and has no monetary reference.