NNP

PCGS Number: 904791
Coin Date: 1978-S
Denomination (Short): 1c-$1
Denomination (Long): 1c-$1
Variety: Proof Set
Variety 2: 6 Coins
Desg: PR
Mint Mark: S
Mintage: 3,127,781
Strike Type: Proof
Coinage Type: Proof Set
Coinage Years: 1936-
Mint Location: San Francisco
Edge: Reeded
General Notes: <!-- wp:paragraph --> <p><strong>Original Packaging:</strong> The coins were secured in a clear plastic casing with a red, flocked insert and a black, hinged frame. The hinge provided for an easel display of the set, and the words UNITED STATES PROOF SET appeared at the bottom of the frame in raised, silver lettering. A black cardboard box housed the assembled set, and the words “UNITED STATES PROOF SET • 1978” were printed on it in silver script.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><strong>Commentary:</strong> Sales in 1978 were down a bit from the previous year, but not enough to have any real impact on rarity.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>The quality of United States Proof coins, which had been progressing steadily since 1972, took a giant leap in 1978. It seems that the Mint was now determined to produce cameo Proofs exclusively. Chromium-plating of the dies, combined with quick replacement of those dies that had begun to show wear, maintained a consistent quality throughout this year’s production run of Proof sets.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>More skillful preparation of the dies also left fewer polishing lines and other flaws. As a result, the certified grades applied to typical Proofs of this and subsequent years are generally higher than for pre­-­1977 issues.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>With this greater uniformity in die preparation came a concurrent reduction in the number of die varieties. In fact, doubled­-­die obverse and reverse varieties are nearly unknown for Proofs after the early 1970s. Of the few that do exist, most are insignificant in that the doubling is very minor.</p> <!-- /wp:paragraph -->
PCGS #: 904791