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Posted By: Hankron

The answer to that is not so straightforeward, because if a real proof popped up without the cross-hairs (which begs the question: How do you make a hare cross?), at least half the people on the board would say it couldn't be a proof because it didn't have the cross-hairs.

Personally, I have not seen M116 proofs with cross hairs, but that's just me and no doubt you follow the cards closer than I and better count the number of cross hairs that have come up for sale. I would think for a better opinion on the matter, you would want to email someone like Rob Lifson or Kevin Struss. If neither of those guys are aware of M116s proofs, they likely have never come up for sale (the proofs, not the guys).