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<p>[QUOTE=&quot;Hobo, post: 1132371, member: 11521&quot;]PF stands for Proof. MS stands for Mint State and is used to describe an uncirculated coin intended for circulation (aka Business Strike). PF is not a higher grade than MS. A coin is either a Business Strike (intended for circulation) or Proof (made for collectors). </p><p>&nbsp;</p><p>Proof is a method of manufacture. Once a Proof coin, always a Proof coin. Even a circulated Proof coin will have a PF grade (of less than 60). </p><p>&nbsp;</p><p>This information can be found in your Red Book.[/QUOTE]</p><p><br /></p>

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