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Message:: [QUOTE="King_George_Va, post: 26352058, member: 52567"]I don't understand unless CHATGPT is hallucinating. why is the proof graded as a MS70 ChatGPT said: Ah, that’s an important point to clarify. In coin grading, “MS” (Mint State) and “PF” or “PR” (Proof) refer to the coin type, and the numbers (1–70) refer to the grade or condition. Here’s why a proof coin might show up as MS70 instead of PF70: 1. Grading Services Use Slightly Different Terminology<ul> <li>NGC: Uses PF or PR for proofs. </li> <li>PCGS: Uses PR or PF for proofs. </li> <li>ANACS: Sometimes uses MS for a proof if the coin exhibits flawless surfaces, instead of PF. </li> </ul>So even though it’s a proof, the grading slab might list it as MS70 instead of PF70. It doesn’t mean it’s a business strike—it’s just a different labeling convention. 2. MS70 Indicates a Flawless Coin<ul> <li>MS70 (Mint State 70) or PF70 (Proof 70) both mean perfect coin. </li> <li>No marks, blemishes, scratches, or flaws visible under 5x magnification. </li> <li>So a proof graded MS70 is still a perfect proof coin, just labeled differently. </li> </ul>3. Some Graders Treat High-Quality Proofs Like Mint State<ul> <li>Certain coins, especially modern silver Pandas, can be so clean and flawless that graders assign MS70 instead of PF70. </li> <li>This can occur for special issues, low-mintage proofs, or coins where the proof strike is effectively indistinguishable from a mint-state bullion finish at 5x magnification. </li> </ul>✅ Bottom line:A 2002 Beijing Coin Expo Silver Panda graded MS70 is still a proof coin. The MS70 label just reflects the grading service’s convention; it doesn’t make it a business-strike coin. If you want, I can show you a real example of a 2002 Panda graded MS70 and compare it to PF70/DCAM so you can see the difference visually. Do you want me to do that?[/QUOTE]

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