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What is the difference between a proof coin and a circulation coin?
Wiki User
∙ 13y ago
A proof coin has a special shiny finish on it and it is made to be sold to collectors, and not used as money.
Wiki User
∙ 13y ago
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What does it mean if a coin is a proof coin?
A proof coin is made from a highly polished planchet (blank) and struck more than once to produce a highly detailed relief. Proof coins are sold to collectors and are not put into general circulation.
What does Uncirculated and Proof mean when referring to coins?
An "Uncirculated" coin is exactly that. It has never been in circulation and is in mint condition, and in the packaging it was sold in. A "Proof" coin is similar to an "Uncirculated" coin in that it has never been in circulation, but they are made on specially polished dies so that they have a very lustrous and shiny appearance. Proof coins might also be made from a metal other than what the normal coin might be made from, such as gold or silver. Proof coins usually cost a lot more to buy irrespective of what they are made from.
What does proof mean in regards to coins?
A proof coin is made from a highly polished planchet (blank) and struck twice to produce a highly detailed relief. Proof coins are not put into general circulation.
What is the difference between circulated uncirculated and proof?
Circulated means the coin has been handled and used. Uncirculated is a coin that hasn't been spent, and is often fresh from a bank roll. Proof is a special strike technique resulting in an extra clean and shiny finish to the coin, and is made specifically for collectors.
What are proof like condition coins?
Proof-like coins have features similar to a proof coin, but may not fit the definition of a proof (for example, they may not be double struck). Proof-like coins have mirrored fields (you should be able to see your reflection in the spots of the coin where there is no design) and are generally of higher quality than coins produced for circulation.
What is the difference between a PF coin and a PR coin?
Nothing, just two different abbreviations for Proof.
What is the difference between a 1916 Halfpenny Proof and a normal 1916 Halfpenny?
A normal coin is what is released into circulation. A Proof coin is one that has been struck on specially prepared and polished dies and hand polished to give a mirror like finish. Proof coins can be minted in the same metals as normal coins, but quite often, they are minted in precious metals. Proof coins are not intended for circulation, but for investors and serious collectors and they are usually packaged for protection and sold in their year of minting for a price much greater than the face value of the coin.
What is a proof variety when referring to a susan b anthony coin?
The term Proof refers to the method of manufacture and is not a variety. A Proof coin of any denomination is not made for circulation, but to sell to collectors.
What does it mean if a coin is a proof coin?
A proof coin is made from a highly polished planchet (blank) and struck more than once to produce a highly detailed relief. Proof coins are sold to collectors and are not put into general circulation.
2000 dollar coin?
The coin is still found in circulation today and it's $1.00 unless it's proof or uncirculated.
Have you a picture of a proof piedfort silver FDC of 1981 Princess Diana's wedding?
No, the coin was not produced as a "piedfort". Apart from the general circulation coin, it was produced as "Proof in silver FDC" , but it looks almost the same as the general circulation 25 Pence coin, except that it made from .925 silver. See the link below.
What is the value of an Australian round 1973 50 cent piece?
Such a coin does not exist. The first and only round Australian 50 cent coin issued for circulation was issued in 1966. There was a round commemorative Proof coin issued in 2006, but not for circulation.
What is the value of a 1992 Canadian penny?
Unless it's a proof coin in its original package, it's an ordinary circulation coin worth 1 cent.
What is the value of a US bicentennial one dollar coin?
If it's from circulation, $1. If it's a proof or uncirculated coin in its original package, $3 to $6.
What is seignorage?
Seignorage is the net revenue that is derived from issuing currence. For exampe, with coins; the seignorage is the difference between the face value of the coin, less the cost of producing, distributing and retiring the coin from circulation.
What does Uncirculated and Proof mean when referring to coins?
An "Uncirculated" coin is exactly that. It has never been in circulation and is in mint condition, and in the packaging it was sold in. A "Proof" coin is similar to an "Uncirculated" coin in that it has never been in circulation, but they are made on specially polished dies so that they have a very lustrous and shiny appearance. Proof coins might also be made from a metal other than what the normal coin might be made from, such as gold or silver. Proof coins usually cost a lot more to buy irrespective of what they are made from.
1999 Susan B. Anthony?
The coins are still in circulation today, only a Proof or Uncirculated coin will have a premium.
