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<p>[QUOTE="John Burgess, post: 3645813, member: 105098"]That would be known as an impaired proof coin. It would grade likely in a proof 58 range I'd thinkcomparable to AU58, maybe down to 55. Now you may ask "why don't I ever see proof 58 or PR55?"</p><p><br /></p><p>Because it's pretty valueless on the secondary market. It's fun to find a proof in circulation and makes a nice hole filler but with that much damage no collector of proof coins will want to buy it above face value. It's lost its proof collector value. It doesn't classify as MS or AU at all, it's a proof. Generally below PR60 nobody even bothers with grading anymore and just calls it an impaired proof coin.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 3645813, member: 105098"]That would be known as an impaired proof coin. It would grade likely in a proof 58 range I'd thinkcomparable to AU58, maybe down to 55. Now you may ask "why don't I ever see proof 58 or PR55?" Because it's pretty valueless on the secondary market. It's fun to find a proof in circulation and makes a nice hole filler but with that much damage no collector of proof coins will want to buy it above face value. It's lost its proof collector value. It doesn't classify as MS or AU at all, it's a proof. Generally below PR60 nobody even bothers with grading anymore and just calls it an impaired proof coin.[/QUOTE]
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