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Proof refers to a coin that was produced with special care, generally for collectors. Such coins are struck more slowly, and with more force, than coins intended for circulation, and generally are produced on specially polished dies with polished planchets.

Proof is often referred to incorrectly as the condition of the coin - while proof coins are in fact usually in better shape than any circulated or uncirculated coin, that is not necessarily the case. Impaired proofs are proof coins that have damage to the surface, be it cloudiness, staining, scratches or nicks. Since a proof coin is legal tender, it can be spent, so it is possible (although uncommon) to have a proof coin with signs of wear.

Q: What does proof mean on a US coin?

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The current average value of a 1962 US proof set is $29.

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.

PR is a grading system used for proof coins

It's a collectors item the us mint produces

Current retail value is $30.00

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Proof

The current average value of a 1962 US proof set is $29.

"PL" in coin grading means "prooflike". It is used to describe a coin that has mirror fields and fine details resembling a proof struck coin but is not a true proof.

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If you mean a US one dollar Sacagawea coin, only proof and collectors coins sold from the Mint have more than face value.

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.

In coin collecting, it means Brilliant Uncirculated, a very nice coin, but not as good as a Proof coin.

The US Mint does not produce $5.00 Silver Proof coins. Are you sure it's not gold? Is it a US coin? Post new question.

It is the highest grade of proof coin

In the coin business the term "flat pack" refers to older proof sets 1964 and before that are packaged in envelopes not the hard plastic cases that are now used.

The 5 coin proof set has a value of $6, the 10 coin set has a value of $15 and the 10 coin silver set has a value of $48.

The US Bicentennial Proof Set came in two versions: the normal set (1 cent thru dollar coin), and the silver 3-Coin Set (quarter, half dollar and dollar). The normal 5-coin Proof Set is worth about $7 retail - and the silver 3-coin set, $25.