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TeachMeFinance.com - explain Proof piece historic definition... Proof piece -- One of the first coins struck from a new die, which may be the die for a new coin or a new die for an old coin. It is a perfect coin, specially polished, and is prized by numismatists. New dies for all coins are employed at the beginning of each year bearing the date of the new year and old dies bearing the date of the preceding year are destroyed. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.