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<p>[QUOTE="johnmilton, post: 5004188, member: 101855"]There are a many reasons for this. If you are talking about coins from the 1940s through the 1990s, MS-67 coins are very unusual. Many coins were not made well enough to rate that grade. The few coins that were made that well, have since gotten some post mint damage. To me MS-67 grade means "virtually perfect," at least to me. If I can spot something easily without a glass, it's not MS-67.</p><p><br /></p><p>Proof coins represent the best that the mint could make at the time, given the demand. For example in the early 1940 and early 1950s, some Proof coins were "rushed through" without enough die pair changes, in my opinion. Therefore for coins from say 1980s to the present, PR-69 is not unusual. For earlier Proof coins, those are hard to find in PR-67 let along PR-69.</p><p><br /></p><p>Finally there are collectors who have more respect for high grade Mint State coins than high grade Proof coins. You can often buy Proof type coins from the 19th century for less than their Mint State counterparts. Since I like Proof coins more, that works for me, but I am not an average collector.</p><p><br /></p><p>I have given you some broad brush concepts here. If you want more specifics, you might put up another post.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5004188, member: 101855"]There are a many reasons for this. If you are talking about coins from the 1940s through the 1990s, MS-67 coins are very unusual. Many coins were not made well enough to rate that grade. The few coins that were made that well, have since gotten some post mint damage. To me MS-67 grade means "virtually perfect," at least to me. If I can spot something easily without a glass, it's not MS-67. Proof coins represent the best that the mint could make at the time, given the demand. For example in the early 1940 and early 1950s, some Proof coins were "rushed through" without enough die pair changes, in my opinion. Therefore for coins from say 1980s to the present, PR-69 is not unusual. For earlier Proof coins, those are hard to find in PR-67 let along PR-69. Finally there are collectors who have more respect for high grade Mint State coins than high grade Proof coins. You can often buy Proof type coins from the 19th century for less than their Mint State counterparts. Since I like Proof coins more, that works for me, but I am not an average collector. I have given you some broad brush concepts here. If you want more specifics, you might put up another post.[/QUOTE]
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