PCGS graded 1967 Proof Dimes

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Murphcrud
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Joined: Wed Jul 01, 2015 4:33 pm

PCGS graded 1967 Proof Dimes

Post by Murphcrud » Tue Jan 16, 2024 3:05 pm

Why are there so many Canada Mackerel 1967 Proof Like strike coins out there that are graded by PCGS as being Proof? I have seen this many times not only on these coins, but on many others as well. These 1967 dimes seem to be what has caught my eye recently. Anybody?

coinguy
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Location: Golden Horseshoe Area

Re: PCGS graded 1967 Proof Dimes

Post by coinguy » Tue Jan 16, 2024 3:37 pm

There were probably a lot proof sets broken up and sent in for grading.

TBH
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Location: sunshine coast BC

Re: PCGS graded 1967 Proof Dimes

Post by TBH » Tue Jan 16, 2024 11:32 pm

There were no 1967 proof sets.
They are not proof strikes, they are specimen strikes that PCGS has decided to call proof strikes even though the mint did not have the technology to produce proof coins in 1967.

troubadour
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Re: PCGS graded 1967 Proof Dimes

Post by troubadour » Fri Jan 19, 2024 7:38 pm

TBH is right Canadian proofs started in 1981

Probably an UHC PL coin or a Specimen one.

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CanuckCoinGirl
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Re: PCGS graded 1967 Proof Dimes

Post by CanuckCoinGirl » Sun May 04, 2025 11:39 am

Posting again... long, but could be helpful.

Regardless of what collectors or book writers indicate, for the RCM, there is no such thing as Proof-Like coins. The RCM indicates that they are only uncirculated and their uncirculated (or Brilliant Uncirculated, which is the term they do use) are no different than what is found in your pocket based on their production techniques. The benefit of cellophane packaging from the start keeps them untouched, but does not magically make them different. A sandwich brought to your table wrapped in film is not more gourmet than one brought on a plate without film because someone couldn't touch it, nor is it made differently. The packaging allows the RCM to have 'sets' for collectors, gifts, and nice objects for sale - mementos and special things - the premium price for them is not a result of having a different coin, but that they are packaged and value added is from the packaging.

There is the information on 1953 sets - the rare and odd set of coins packaged in paper holders. New dies were created for 1953 with the new Elizabeth Obverse coins and the RCM started seeing the value in producing more than the custom sets they had before. A number of the Mint Sets being sold by the RCM appear to have gotten a mix of coins, but mostly the sets are the business strike. Colonial Acres Auction House has a photo of the 'rare' type 1953 Mint Set that appears to have led to the the Proof-Like term, and there are a few others floating around, but the images look like some BU and Proof coins made it to the cardboard holders together. Generally, or more correctly -unfortunately, the PL term has been used for all the sets that were going to become more common with increase mintage from 1954 onward, which were untouched standard business strikes (with the RCM really starting its new enterprise of becoming a maker of coins for collectors and gift givers).

Proof-Like is a term that has been applied to the RCM coins, despite the process used indicating that it should not be. Let's be clear, the RCM does not use the term PL, and it really isn't correct for any of the uncirculated sets, with the 1953 exception. The uncirculated packaged coins are not added to rolls or moved, so they may have fewer marks on the rims and surfaces that are obvious, which collectors are quick to look for on really lovely uncirculated coins, but even these uncirculated coins can have marking from each other, being stacked, etc.. They should not have wear because of how they are packaged and, thus, should always be in mint state until removed from the film or touched directly. That said, the film is permeable and toning is possible. It's time to stop using PL for Canadian sets. Some years, the coins just look more stunning than other years because of the metals or the surface the images used. The uncirculated coins are part of overall circulation mintage.

Good quality die and the lack of fingers can leave the finishes lovely. These coins are not double struck intentionally. Any double strikes to the uncirculated sets that have been noted result from the same random errors that occur with what we see in circulated coins. Fast double strikes create errors in coins that can make them worth more for the circulation styles. For actual Proof coins with the mirror finish and textured relief, the die is polished and coins are double struck at low speeds to avoid movement of the blanks. Some of this information has morphed into descriptions of the PL coins, but is not how the RCM made their business strike coins. These actual Proof coins and some other RCM coins look different than the Brilliant Uncirculated and circulated coins (the latter two being the same) we might expect to see. Proof coins are carefully reviewed and errors should be removed prior to the packaging.

In 2020 the RCM released an uncirculated packaged set of stunning quarters - Numis-tastic - highlighting their only finishes: BU, SPECIMEN, PROOF, Reverse PROOF, and Matte PROOF. The RCM no longer can sell Numis-tastic sets directly, but Canadian coin dealers may still have some of these. They are lovely. Of course they have coloured coins, glow in the dark coins, relief, etc, that are built on these basic finishes. Different metals can also be used, which leads to different looks, but are still based on the same production processes.

The RCM has updated their website information and it is excellent on their productions for coin collectors.
https://www.mint.ca/store/mint/learn/th ... s-10600012 Here there is a video and details - and even discussion of the cellophane packaging. If you have not been to the RCM in Winnipeg or Ottawa, a tour is good- and there are virtual tours now too.

momomomo
Posts: 194
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Re: PCGS graded 1967 Proof Dimes

Post by momomomo » Sun May 04, 2025 8:14 pm

Hi! :D

PCGS designated some coins as proof for some coins in the 60's including 1967. I don't know why, but the "PR" grade is sometimes marked on some of these coins. You can find some of these here:
https://coins.ha.com/c/search/results.z ... A-K-071316

Is it old slabs? Is it employees f* up? is it both?

Buy the coin, not the holder! :)
or
Buy the coins you like. That's it!

:Cowboy: :Cowboy: :Lecture: :Étudiant:

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