PL is PROOF LIKE, while MS is MINT STATE, OR UNCIRCULATED...
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PL60-69 - Proof-Like. Coin minted for collectors using polished blanks rendering a polished coin with cameo frosted highlights. A common mistake among novice collectors is to mistake MS65 and PL65. With most coins, the MS65 coin would be more desirable despite the fact it is less flashy. MS65 coins had to first be released into circulation whereas PL65 was intentionally struck to be a showpiece for a collector set and was protected and saved. Thusly, although PL65 is to many collectors a more eye appealing coin, MS65 is generally a lot rarer and thusly more costly when comparing PL and MS in the same coin.
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MS66/7+ - A wonder coin, probably without peer in existence. Coins like this are beyond rare. Probably one of the first coins struck from a pair of new dies and immediately properly preserved, i.e. by a museum or V.I.P. given the coin as a presentation on the first day of release or some such situation. Only a few coins total exist in this grade. Normally such a coin would have blazing fiery luster, razor sharp rim edges and all details struck as high and as sharp as the die will allow. Light peripheral toning a possibility.
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PL60-69 - Proof-Like. Coin minted for collectors using polished blanks rendering a polished coin with cameo frosted highlights. A common mistake among novice collectors is to mistake MS65 and PL65. With most coins, the MS65 coin would be more desirable despite the fact it is less flashy. MS65 coins had to first be released into circulation whereas PL65 was intentionally struck to be a showpiece for a collector set and was protected and saved. Thusly, although PL65 is to many collectors a more eye appealing coin, MS65 is generally a lot rarer and thusly more costly when comparing PL and MS in the same coin.
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MS66/7+ - A wonder coin, probably without peer in existence. Coins like this are beyond rare. Probably one of the first coins struck from a pair of new dies and immediately properly preserved, i.e. by a museum or V.I.P. given the coin as a presentation on the first day of release or some such situation. Only a few coins total exist in this grade. Normally such a coin would have blazing fiery luster, razor sharp rim edges and all details struck as high and as sharp as the die will allow. Light peripheral toning a possibility.
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