sell gold mines
What does proof condition mean in relation to gold coins?
I see a gold coin on Ebay for twice what mine sold for
It was graded as proof .69 and sealed by the grading
company. What does proof mean?
The term proof is not a condition or a grade but a specially made coin distinguished by sharpness of detail and usually with a brilliant, mirror-like surface. Proof refers to a method of manufacture. The term implies mint condition unless otherwise state. Mishandled proofs can grade below mint state. I have some nice looking Morgan dollars that have a mirror-like finish that are not proofs. Dealers as well as collectors call this “proof like.” The key word is like for they are not proof coins. It sounds like the gold coins are proof like but are not proofs. In numismatics there is no proof condition, for condition is a tern used for grade, sound like a sales gimmick to me. Hope this helps.
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BUSINESS IN BRIEF 22/8
Engineers on August 20 successfully installed the rotor of the first turbine of the Son La hydro-electric power plant to enable the country’s largest hydro-electric plant to start running on December 25 as scheduled.
The price of gold is linked to how strong the US dollar is. sell gold mines Because of the great increase of gold over the last ten years, many investors believe it is a good time to buy and speculate. sell gold mines But remember that gold is a commodity, and doesn”t sit and earn interest like a bond in the bank.