Proof isn't a grade; it describes a process by which collectible coins are specially minted using high-pressure presses and highly polished dies, resulting in a very sharp image and mirrorlike surface.
Please see the Related Link for a full explanation from the U.S. Mint.
A Proof coin is a particular issue of a coin not a grade of condition.
No. Proof is a type of coin, not a grade. Most coins made are meant for circulation, but some are proof varieties, which are made with a slightly different process to make them much more shiny and are sold to collectors. The highest grade using the Sheldon Scale is MS-70. MS stands for mint state, and it's on a scale from 1 to 70.
The term "proof" has to do with how the coin was produced in the first place, rather than the condition of the coin.
A proof grade can not be given to a uncirculated (Mint state) coin. The term Proof is actually refers to a method of manufacturing, not a grade. But proof coins are identified by the by a prefix of PF before the grade and mint state are MS
It's a collectors item the us mint produces
It is the highest grade of proof coin
A Proof coin is a particular issue of a coin not a grade of condition.
No. Proof is a type of coin, not a grade. Most coins made are meant for circulation, but some are proof varieties, which are made with a slightly different process to make them much more shiny and are sold to collectors. The highest grade using the Sheldon Scale is MS-70. MS stands for mint state, and it's on a scale from 1 to 70.
Even with a Proof coin grade drives value. So from $3,000.00 to $20,000.00.
The term "proof" has to do with how the coin was produced in the first place, rather than the condition of the coin.
PF-65 = Proof-65 a grade that can be given a proof coin.
It has a value from $5 in the lowest proof grade [Proof 60] to $375 in the highest proof grade [Proof 70]
See related answers.
AU means almost uncirculated which is a grade for the coin, depending on the grade on the coin and the year of it, the value of the coin can be from $25 for the most common and lowest grade dollars all the way to $575,000 for the second highest grade, most rare silver dollar(1893S)(no proof 70 silver dollar has ever been found)
pf means proof! and 69 is the grade. grade from 1-70.
PF-69 is not a value, it's a grade. But it does affect the value, the higher the grade the more value a coin has. A PF-69 coin is one grade below a "Perfect" proof coin.
A proof grade can not be given to a uncirculated (Mint state) coin. The term Proof is actually refers to a method of manufacturing, not a grade. But proof coins are identified by the by a prefix of PF before the grade and mint state are MS