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Proof Coin Values

Not long ago I was asked what is proof in coin collecting and although it may seem like a basic concept for those of us involved in the business it still is a very good question. Proof coins are made especially for collectors. A proof coin is struck using a special, very high quality minting process which creates a mirror like finish. The term "Proof" refers to how the coin is struck, not to what the coins grade is.

Since these are basically made for collectors they are produced in relatively limited quantities. Proof coin values tend to be based on the number which were produced and the quality of the materials. Also, the subject matter has been known to play a very important role in determining coin proof set values.