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Message:: [QUOTE="Tamaracian, post: 5414141, member: 23122"]That is a very nice coin with a pleasing appearance regardless of the "old cleaning".  It is a Business Strike with Type II Reverse and not a proof.  Aside from the lack of a square Rim and requisite sharpness of the Details, the spacing of the Denticles is too far apart vs. the 1892 Type II Reverse Proof.In the early days of the Philadelphia Mint the creation of Hubs and Dies was laborious, relatively expensive, and problematical (e.g. early failure due to improper alloying, heat treatment, and impurities due to the use of coal or coke-fired furnaces and a dirty atmosphere) so the Mint would try to use any and all Hubs and Dies that were still "serviceable" until failure, frequently re-engraving details or polishing the fields, and that is why certain series have Die Varieties or VAMs, or show prooflike fields.  To meet production quotas, Proof Dies--after the required number of proofs were struck for the orders that were received for that year--were sometimes placed into service for Business Strikes; for those coins the details may be sharper but without a true square Rim, the PUPs (Pick-up Points) unique to the Proof design would be present, but the mirrored fields--if present--would not be as deep because the Planchets would not have been specially prepared, and the striking pressure for the SINGLE strike would be less than the Medal Press used for the DOUBLE strike of Proof coins.[/QUOTE]