I believe it is the highest quality for a coin, a prf-65 liberty nickel, for example, could auction for about $600
CorrectionPR65 describes a specific grade of a specific type of coin. PR stands for Proof, which means that a coin is specially struck to give it (usually) a mirror-like finish, and is sold to collectors rather than used for spending. 65 is a numeric grade that further describes the coin's quality.Numeric grades for proof coins as well as for uncirculated coins (designated MS, or Mint State) normally run from 60 to 70. 60 is the lowest acceptable condition. Of course MS60 or PR60 are still very nice, but not as good as a higher value. In addition very few coins are so well-struck that they qualify for a grade of 66 or above. That means PR65 describes a coin that's (a) a proof strike and (b) almost but not quite the highest possible quality.
it means that a porfecinal has authenticated and determaned the codition of a coin
PR is a grading system used for proof coins
DCAM stands for Deep Cameo and is reserved for proof coins
RD is not a coin grade. The letters RD are the abbreviation for the color Red. They usually follow the grade of the coin such as MS-60 Rd. This refers to the overall color of the coins surface, used mostly on 1 cent and other copper coins. Other abbreviation's are: B=brown, RB=Red Brown.
PQ= Premium Quality. Bu= Brilliant Uncirculated.
it means that a porfecinal has authenticated and determaned the codition of a coin
PR is a grading system used for proof coins
DCAM stands for Deep Cameo and is reserved for proof coins
In America, "RD" is an abbreviation for "red", a grading-service color designation for copper coins.
PCGS stands for Professional Coin Grading Service. It is a third-party coin grading organization that evaluates and authenticates coins for collectors and investors. PCGS uses a scale from 1 to 70 to grade coins based on their condition and collectible value.
A slabbed coin is a coin that was graded by a grading service. There are many grading services out there. You can use google to find some of them. Having a coin graded can give you the exact value and therefore is easier to determine its value.
PCGS stands for Professional Coin Grading Service, a third-party coin grading organization that evaluates and authenticates coins for their condition and rarity. When you see PCGS on a silver coin, it means that the coin has been professionally graded and encapsulated in a protective holder by the PCGS.
Raw refers to a coin that isn't sold in a case. Higher end coins are usually encapsulated and graded by a coin grading company such as PGS. A raw coin however isn't. Some people may try to assign numeric grades to a raw coin, however until it is graded by a reputable grading company, that number is only a rough estimate and most likely is going to be different than the coin if graded by a grading company.
Proof
PR is used in terms of grading coins to designate that the coin is proof. For example, a perfect proof coin would be graded as PR-70. A nearly perfect proof coin might be graded PR-68 or PR-69, etc.
Mint status
Very fine condition