If you are new to collecting coins, there are several terms or types of coins that can be a bit confusing. In this article, we will discuss several common terms that can be applied (but not limited to) to US mints of the United States of America, such as the silver eagle, the platinum eagle, the golden eagle and the gold coins of Buffalo.
Mint or coin state: if a coin is described as a “mint” or “coin state”, it means that the coin was made as an ordinary coin for distribution, but it also means that it just appeared from the mint and does not have spread or damaged. The US Mint sells these coins from normal production.
Evidence. If the coin is marked or has a “proof” in the description, it means that the coin was specially manufactured using high pressure, which gives the coin a brilliant mirror finish. Images on it also have more information. These coins are not intended to be “spent” or distributed. They are collected.
If the coin is described as a year with W added to it (example: 2006-W), it means that it has a mint mark used by the West Point Mint in New York.