A proof coin is struck using specially polished dies and usually on a specially prepared blank and often struck twice (or more) to make sure that all designs are fully struck up. On a good proof strike, the fields of the coin (the parts of the coin with no design) will be mirror like while the design of the coin will have a "frosted" appearance.
PF indicates a proof strike, which differs from a standard business strike.
The Carson City Mint did not strike any proof coins
Proof is a certain type of strike, resulting in cleaner detail and a shinier finish. Mint condition refers to regular strike coins, but that haven't been used or spent.
Satin proof coins had a dull luster to them and looked too much like uncirculated business strike coins so they changed to the brilliant proof coins.
Buffalo nickels were produced at 3 US Mint facilities in 1936. Business strike coins are those minted to be released to the public for circulation. Proof coins are specially struck pieces for collectors. The mint at Philadelphia produced 119,001,420 business strike coins plus 4,420 proof grade coins. The mint at Denver produced 24,814,000 business strike coins. The mint at San Francisco produced 14,930,000 business strike coins. The total of all three mints business strikes is 158,745,420 plus 4,420 proof coins.
A business strike has a value from $6 to $17,500. A proof strike has a value from $16 to $35,000. All values depend upon condition, mint mark and variety of the coin.
The Carson City Mint didn't strike proof coins. At that time only Philadelphia struck proofs. Please check again and post a new question.
Not at all. Many countries mint proof coins in the same metals used for circulation-strike coins, e.g., cupronickel, steel, aluminum, etc. However, some countries do mint special proof coins made from silver, gold, and/or platinum as well as those made from less-valuable metals.
Not at all. Many countries mint proof coins in the same metals used for circulation-strike coins, e.g., cupronickel, steel, aluminum, etc. However, some countries do mint special proof coins made from silver, gold, and/or platinum as well as those made from less-valuable metals.
A proof coin of any type and date is one that's specially struck for sale to collectors. The blanks used for proof coins are highly polished and they're struck at slower speeds by high-pressure presses to produce a sharp, better-detailed image. As of 04/2012, an 1896 proof Liberty nickel retails for anywhere from $150 to over $2500 depending on the quality of the strike.
Yes, there are a handful known, according to mint records 1,194 matte proof coins were struck bearing the VDB and 2,352 struck without. All 1909 lincoln cent proofs are matte proofs, that is, they do not look like normal proof coins, rather than having polished fields, they have sandblasted fields and so the fields look rather rough. Like normal proof coins, they were struck using high pressure to get all of the design to strike up fully. However, to the untrained eye they do not look "prooflike" and can be mistaken for a better business strike.
It stands for proof, proof coins are coins that are struck with great care, are struck multiple times to make things stand out, and are generally higher quality. These coins are sold to collectors at a premium over face value. Some proof coins are made out of precious metals such as silver even though regular strike coins do not use silver.