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<p>[QUOTE=&quot;mikenoodle, post: 647254, member: 307&quot;]A coin is a proof coin or a business strike coin whether worn or otherwise.</p><p><br /></p><p>The reason you see a grade of PF68 for example is that the grader (or grading service) has indicated that this coin is a proof coin not a business strike and that it grades 68. This differentiation is done intentionally. With a Mint State coin it receives a grade such as AG3, F12, XF40, or MS63. </p><p><br /></p><p>To sum it up, all business strike coins receive the grade in front of the numerical, all Proof coins receive PF in front of the numerical even in impaired (those deemed to be worn) proofs in grades such as PF40 or PF30.[/QUOTE]</p><p><br /></p>

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