The differences between proof and mint state coins also referred to un-circulating are not obvious. This is due to a common thought people have that the terms refer to a grade system. In the real sense, the terms refer to the manufacturing process. However, there are various factors that can be used to tell apart the difference between proof and mint state coins.
Appearance is one of these factors. Proofs have a shiny surface which is mirror like on the flat surface. The raised parts have a matte finishing. Based on detail, attention and quality, these are the finest coin types produced by a mint. The non-circulating have a finishing that is frosty and has a luster like appearance. The difference between non-circulating and those in circulation is the enhancements found in the mint states. These enhancements include after-stamp cleaning.
The process of manufacture is also different. In the production of proofs, they are struck using a unique engraving process. Polished special dies are employed to engrave the back and front sides of the blanks. They are then inspected for blemishes and struck severally and slowly by a machine to ensure that the detail is of high quality. They are handled with utmost care, mostly using hands that are gloved. They are then packaged in a unique container to keep away dirt and dust. The non-circulating however are not manufactured using any special process.
The numbers at which the production occurs is a way used to tell them apart. The un-circulating are manufactured in very large numbers and then heaped, arranged and then shipped to various banks. They are usually manufactured by one or more mints. Proofs however are made by one or select few mints and are not made in large numbers.
The packaging for both types is also different. Protective plastic cases house most modern proofs. The non-circulating before 2007 however were packaged in cellophane. There is also a difference in how much money they fetch. Proofs are more expensive since they take much more time, cost and attention to produce.
There are varied reasons for purchase. Investing, historical archiving and as a hobby are some of the reasons to buy the proofs. Lower coin population result to its rarity and hence increased desirability to a collector. They can also serve as gifts or presents and are also used to remember certain events like World War or a hero.
The non-circulating may have flaws caused during production process. The proofs however are perfect. Their grading system also varies from that of non-circulating. They are graded using a PR or PF sign. Most have a PR of between 60 and 70 with PR 70 being rare almost non-existent. The non-circulating are graded by the sign MS.
Coins are part of a people history and culture. Whichever the reason you may have for buying them, ensure that you get the most recent sets from a mint. The older sets can be purchased from a dealer or a collector.
Appearance is one of these factors. Proofs have a shiny surface which is mirror like on the flat surface. The raised parts have a matte finishing. Based on detail, attention and quality, these are the finest coin types produced by a mint. The non-circulating have a finishing that is frosty and has a luster like appearance. The difference between non-circulating and those in circulation is the enhancements found in the mint states. These enhancements include after-stamp cleaning.
The process of manufacture is also different. In the production of proofs, they are struck using a unique engraving process. Polished special dies are employed to engrave the back and front sides of the blanks. They are then inspected for blemishes and struck severally and slowly by a machine to ensure that the detail is of high quality. They are handled with utmost care, mostly using hands that are gloved. They are then packaged in a unique container to keep away dirt and dust. The non-circulating however are not manufactured using any special process.
The numbers at which the production occurs is a way used to tell them apart. The un-circulating are manufactured in very large numbers and then heaped, arranged and then shipped to various banks. They are usually manufactured by one or more mints. Proofs however are made by one or select few mints and are not made in large numbers.
The packaging for both types is also different. Protective plastic cases house most modern proofs. The non-circulating before 2007 however were packaged in cellophane. There is also a difference in how much money they fetch. Proofs are more expensive since they take much more time, cost and attention to produce.
There are varied reasons for purchase. Investing, historical archiving and as a hobby are some of the reasons to buy the proofs. Lower coin population result to its rarity and hence increased desirability to a collector. They can also serve as gifts or presents and are also used to remember certain events like World War or a hero.
The non-circulating may have flaws caused during production process. The proofs however are perfect. Their grading system also varies from that of non-circulating. They are graded using a PR or PF sign. Most have a PR of between 60 and 70 with PR 70 being rare almost non-existent. The non-circulating are graded by the sign MS.
Coins are part of a people history and culture. Whichever the reason you may have for buying them, ensure that you get the most recent sets from a mint. The older sets can be purchased from a dealer or a collector.
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