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US PROOF Coin Sets:

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   SILVER COINS:

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American EAGLES:

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AUSTRALIA SILVER

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Johnson Matthey Silver Bars

Kookaburra Birds

LUNAR silver coins 1st Series:

   Year of RABBIT -1999

   Year of DRAGON-2000

   Year of SNAKE -2001

   Year of HORSE -2002

   Year of the GOAT-2003

   Year of MONKEY - 2004

   Year of ROOSTER- 2005

   Year of the DOGS -  2006

   Year of the Pig-Boar -2007

   Year of the MOUSE - 2008

   Year of the OX - 2009

   Year of the TIGER-2010

Maple Leaf silver

Mercury Head Silver Dimes

Morgan Silver Dollars

National Parks 5 oz Silver America The Beautiful Coins

NTR Metals Silver - new!

PANDA silver coins

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1 Pound Silver Eagles 

Silver PONIES

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PCGS State Quarters

RABBIT coins

Roosevelt Dime SETS

TITANIC Maple Leaf

Unicorn silver dollar

US Silver EAGLES

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Walking Liberty Half Roll

 

    GOLD COINS:

US GOLD coins (new) :

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  1/10th oz. Proofs

  1/4th ounce $10 Eagles

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  1 ounce gold coin  

US (old) GOLD Coins :

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  Liberty Head $5

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American gold Eagles

PCGS American Eagles

ANGEL coins

Australia Gold

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BARS + Ingots - GOLD

   1 and 2 1/2 gram gold

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Canada Maple Leafs

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Chervonetz -Russia

Chinese PANDAS

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gold DUCATS

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FLOWERS on coins:

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  Orchis, Snowdrop, Fuchsia 

Old FOREIGN  gold

FRANCE Gold coins

GOAT gold coins

GOLD BARS-Ingots

GRIZZLY BEAR gold

HORSES -Pony gold

KANGAROOS coins

Krugerrand gold

LUNAR GOLD coins 1st Series:

  Year of MOUSE -1996

  Year of OX or BULL '97

  Year of the TIGER -1998

  Year of RABBIT -1999

  Year of DRAGON -2000

  Year of  SNAKE -2001

  Year of the HORSE-2002

  Year of the GOAT -2003

  Year of MONKEY - 2004

  Year of ROOSTER - 2005

  Year of the DOG - 2006

  Year of the Pig-Boar - 2007

MAPLE LEAF -gold

MEXICO gold

MONKEY gold coins

MOUSE gold coins

MOVIE STAR coins-

(The Cinema Gold coins)

 Elvis Presley, Marilyn Monroe,

Bruce Lee, Gone With the Wind,

 Grace Kelly, Charlie Chaplin,

Audrey Hepburn, James Dean, The Flintstones

NUGGET coin- Australia

OX-Bull gold coins

PANDA Bear coins

Older PANDA Gold

Philharmonic (music)

Gold PONIES

PRINCESS DIANNA

RABBITS on coins

Peter Rabbit gold coins

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2005 Rooster coins

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UNICORN  coin

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PCGS-NGC Graded Coins:

Nickels - 2004 to 2006+ Buffalos

Nickel SETS PCGS Proofs

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1976 Silver Bicentennial coins

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1878-1904 Dollars NGC Morgan

1922-1934 silver dollars Peace

Ike dollars PR69 DCAM

Susan Anthony Dollars PR69

Sacagawea dollars PR69

Presidential Dollars PR69

MS-69 Silver Eagle Dollars

Sets of MS69 Silver Eagles

Silver Eagles PR69 & sets

20th Anniversary eagles

American GOLD Eagles:

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1 oz BUFFALO gold

US Platinum Eagle coins

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PROOF COINS 

WHAT ARE THEY?  

 Uncirculated

Proof

   To understand the difference between a proof and un-circulated coin, let's first answer the question,

"What is an un-circulated coin?"

   Uncirculated means a coin has not had any wear, such as the wear a coin might experience when it is used in commerce. Handling a coin, as well as improperly storing a coin, can result in wear on the surface of the coin.  This wear, even if very minor, will cause a coin to no longer grade uncirculated.

"Bag Marks"

   When coins are minted they often bump into each other and receive small nicks and abrasion marks during the production process. These marks also occur as coins are transported in large canvas bags.  These marks, sometimes called "bag marks", are more noticeable on larger coins, such as half dollars and dollars.  Typical "bag marks" do not keep a coin from grading uncirculated.  However, they can be an indicator of how high of a grade the un-circulated coin might receive.

 

   Current accepted grading standards provide for a range of uncirculated grades, from the grade of MS-60 to MS-70.  MS60 would be a lower grade (yet still) un-circulated coin with normal bag marks for that type of coin.  Anything below MS-60 would not be considered uncirculated. MS70 would be the perfect "ideal" coin. Some coins are rare in grades MS65 to MS70, and even unheard of in MS70 grade.  (The attribute "MS" stands for "mint state".)

 

   An uncirculated coin may show tarnish, toning, spotting, or discoloration and still remain in uncirculated condition.  Experts recommend you "never clean a tarnished coin", because most cleaning will cause wear on a coin, and thus lower its grade (and often its value).

 

What's a proof coin?

   A newly minted proof coin is also Un-circulated, however it is the way it is made that causes a difference in appearance and qualifies it as a "proof".  To understand this, let's look at how coins are made.  Coins are produced when two dies strike a blank piece of metal with tremendous force. One die is engraved with the front (obverse) design for the coin.  The other die has the back (reverse) coin design on it.  

 

A proof coin is made with

a specially polished and treated die!

   By treating the die in a special way, the coins it produces have a different appearance.  Modern technology allows the high points on the coin design to be acid treated (on the die).  The background (field) design of the coin die is polished, resulting in a mirror-like look on the coin it strikes. This gives the finished coin a frosted look (frosting) on the raise parts of the design, with a mirror like finish on the background. This contrasting finish is often called "cameo".  (See picture above.) On some older coins a cameo appearance is quite rare. The attribute "CAM", when added to a coin's description, means cameo appearance. "DCAM" means deep cameo, and indicates the cameo appearance is strong and easy to observe.

 

Proof coins are struck twice, or more!

   Not only are proofs made using specially treated dies, each coin is struck two or more times by the coin die. By striking it more than once the metal is forced into all the crevices of the die, thereby giving a very fine detail to the image on the coin.  This fine detail does not appear on some non-proof coins. 

Grading proofs

   Today's grading of proofs is similar to the grades used for uncirculated coins.  The attribute "PR" or "PF" stands for "proof", and is used instead of the MS (mint state) to indicate a proof coin. Proofs (that are also un-circulated) will be graded PR 60 to PR70, with PR70 being rare or nonexistent in some cases.  Because a proof coin can be mishandled or receive wear by cleaning or handling, proof grades can extend below PR 60.  Example, a PR50 grade proof coin, is one that has had a touch of wear on the high points of the coin. Like uncirculated coins, proofs can experience toning, tarnish or darkening. 

 

Rarity and the Cost of Proofs

   Because of the extra effort, time, labor and production costs in making a proof coin, the respective government mints often sell them at higher prices.  In many instances the production of proof coins is limited.  The end result is that usually, but not always, a proof coin of the same date will be more expensive than a non-proof uncirculated. 

For most United States gold and silver coins, the proofs have the same amount of precious metal in them as non-proof uncirculated coins. 

 

Mint Marks on Coins

   Often U.S. proof and uncirculated coins will have a letter (mint mark) on the coin, indicating which United States government mint produced it.  Sometimes governments will make proof coins at a different mint than the regular (circulation strike) coins.  The US government has minted coins at these mints in the past: 

P - Philadelphia *

S  - San Francisco

W - West Point

D -  Denver

D - also used for Dahlonega GA mint on old gold coins **

CC - Carson City (old silver coins) **

C - Charlotte NC mint - on old gold coins **

O - New Orleans **

 

* Plain, with no mint mark, usually indicates it was made at the Philadelphia mint.

** Coins are no longer produced at these mints.

Copyright © 2003-2004 J. Lynn and www.Lynncoins.com

 

See our inventory of proof US coin sets:

2010-2011

National Parks

America The Beautiful

Quarters

"Silver"

proof

 STATE

QUARTERS

1999 to 2009

Proof "SILVER" Quarter Sets from 1999 to 2005

Click Here

2006 to 2010

Proof coin sets

Click Here

2000 to 2005

Proof and Mint

coin sets

Proof Coin Year SETS from 2000 to 2005

Click Here

1990 to 1999

US Coin Sets

U.S. Proof Year SETS from the 1990's

Click Here

1980-1989

Proof sets

1980's proof coin sets

 Click Here

1970-1979 US Proof

Coin Sets

Click Here

1960 to 1979 United States proof coin sets

Older 1960's-

Proof and Mint sets

Click Here

US "PROOF" condition SILVER EAGLES

American Silver Eagle Dollars in Proof condition 

Older proof sets
coming soon

 

For more information about independent coin grading services such as PCGS or NGC click here.

 

For more information about coin collecting terminology.

Click Here.

 To visit the "Coin Collecting Terms" website

 

 

 

See more collectibles by clicking on the Menu in the left column.

Prices may change without advance notice.   Quantities of some

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Various companies may advertise or be reviewed on this site, including some that we receive compensation from. Although many advertisers are screened before we allow them to advertise on our site, it does not mean we guaranteed their services, products, or promises.  Please use your good judgment and evaluate the companies yourself before doing business with them. We are not licensed as investment advisors and, accordingly, do not make any recommendations regarding clients personal investment portfolios.

All metal prices quoted, information, and opinions you see on this site come from what is expected to be reliable sources. Precious metals data and other facts may show past performance and this does not guarantee future results.  Do the possibility of error, omission, and events beyond our control, no warranty or guarantee is expressed or implied as to the accuracy of any information or quote. We recommend that you carefully examine and research the risks and rewards associated with investing in physical precious metals before you make a purchase.
Often precious metal purchases, bullion, and coins need to be held long term to realize substantial gains. Investing in metals, or anything for that matter, involves risks including possible decreases in your investment value at times.  Common advice includes: "Don't use your grocery or mortgage money to invest in anything." Please use your good judgment and always verify prices, transaction costs, and information before you make any transaction.
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 LYNN COINS + SPORTS CARDS STORE

John Lynn & Company
Post Office BOX 56
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Phone: (731) 787-6645

Email us at: jlynn@aeneas.net

 

Copyright © 1999-2004 JLYNN                                   Thank you for visiting us at http://lynncoins.com         No inventory is kept on the premises.

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