Box BC's are the G1 BC at a typical muzzle velocity for the bullet. G1 BC's usually decline with velocity, though you see a few bullet shapes where it can go up. and the 168 has some of that behavior.
I put an Excel plot together to show the drag coefficients for the G1, G7, and 168-grain SMK. You can see the shape of the G7 is much closer to that of the 168-grain SMK than the G1 is.
A ballistic coefficient is chosen to scale a bullet's drag to match that of a reference projectile as closely as it can. Here, your eye quickly tells you that if you apply the right scale factor to the 168 SMK drag curve to cause it to match either of the other curves at Mach 4, it's not going to match as well at Mach 1. Less obvious, without a magnifying glass is that matching them at Mach 2 won't have them matching at Mach 1.5, either. This is what multiple velocity range BC's are intended to improve upon (actually, you want multiple Mach number ranges, but there is an assumption you are shooting in a standard atmosphere). You can also find the best average BC for any particular range, which is what the coach was doing here.
Here, in a standard atmosphere, for a 168-grain SMK fired at 2605 fps (2550 fps at 78 feet from the muzzle, the military test barrel spec for M852) with its velocities after different yardages from the firing line determined by the drag function the BRL measured for this particular bullet, are the best G1 BC's for the first 600 yard increments of range. (Note that this bullet has a dynamic instability (attempts to overcorrect) starting at about 1400 fps and below, and so it can start to tumble at about 700 yards when fired from a 10" twist).
Sierra 168-grain SMK. 2605 fps MV in ICAO standard atmosphere (Mach 1 - 1116.8 fps)
0-100 yd .42704
0-200 yd .42659
0-300 yd .42775
0-400 yd .42788
0-500 yd .42694
0-600 yd .42443
100 fps slower:
Sierra 168-grain SMK. 2505 fps MV in ICAO standard atmosphere (Mach 1 - 1116.8 fps)
0-100 yd .42582
0-200 yd .42776
0-300 yd .42808
0-400 yd .42747
0-500 yd .42609
0-600 yd .42209
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