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Why do TPGs sometimes grade proof-only issues as MS?
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<p>[QUOTE="Jaelus, post: 2513581, member: 46237"]Exactly. I don't agree with that definition either. Really what makes a proof a proof is the intent when it is struck.</p><p><br /></p><p>If a mint decided to specially prepare their planchets and dies and strike their coins twice and then released them as business strikes, they would clearly be considered proof-like business strikes, not proofs. Likewise, if a specially prepared die strikes a specially prepared planchet once and the intent is to create a proof, it is clearly a proof.</p><p><br /></p><p>But intent is hard to prove. All you have to look at is the coin most of the time. Here is where mint records and other knowledge about a type can help with the determination, especially with die markers. I've seen coins I would attribute as proofs that are attributed as proof-like, and vice versa. Why? Mint records for one don't indicate proofs were struck, and for another the records show proofs. But of course mint records aren't always reliable and there's no way to tell if a coin was actually intended to be a proof or is just a proof-like strike from proof dies intended to be a business strike, even if proofs were recorded as struck.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2513581, member: 46237"]Exactly. I don't agree with that definition either. Really what makes a proof a proof is the intent when it is struck. If a mint decided to specially prepare their planchets and dies and strike their coins twice and then released them as business strikes, they would clearly be considered proof-like business strikes, not proofs. Likewise, if a specially prepared die strikes a specially prepared planchet once and the intent is to create a proof, it is clearly a proof. But intent is hard to prove. All you have to look at is the coin most of the time. Here is where mint records and other knowledge about a type can help with the determination, especially with die markers. I've seen coins I would attribute as proofs that are attributed as proof-like, and vice versa. Why? Mint records for one don't indicate proofs were struck, and for another the records show proofs. But of course mint records aren't always reliable and there's no way to tell if a coin was actually intended to be a proof or is just a proof-like strike from proof dies intended to be a business strike, even if proofs were recorded as struck.[/QUOTE]
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