How do I find the values for coin sets, graded coin sets, silver proof sets... etc? I saw a book that my local coin dealer had where he had all the values... is there a way I can find the values or do I have to get one of those dealer books or?
There literally is no "set value". Unless its a tremendously valuable set, all sets are worth the sum of their coins, maybe less. This is because most collectors are trying to ASSEMBLE sets, so only want to buy a few coins from a completed set. Most people do not wish to buy a set complete, since its the chase that is fun.
Mint sets. Proof sets. Graded sets. The dealer had a book that said what they valued them at and uses it as the guide to buy and sell them from. The prices arent the same as what people actually pay for them on ebay and such. Trying to figure out how to find those values. I also have a couple of graded sets and have no idea how to value those.
Oh, sorry I misunderstood. The Redbook, Bluebook, and most price guides have price listings for mint and proof sets.
If it's just for appraisals, I would just use the current redbook, and notate that thus is what you are using on the appraisal. Near the back of the redbook they have proof and mint set values.
I agree. The redbook is a recognized source, although from what I understand actual prices are much more fluid than an annual resource can provide. But I would think that an insurance adjuster would accept them. There are more wrinkles to getting items like coins insured, though, especially if you have more than a set amount. You may need a special rider to insure them, or a separate policy altogether.
One thing you need to be aware of here, listed values for Mint Sets and Proof Sets whether they come from the Red Book, CDN, one of the coin magazines etc., only apply to original sets in original government packaging. If they are not original sets, then they are seldom worth as much. As for graded coins, they are valued individually, not as sets. With one exception, that being the multi-coin slabs where an entire set is in one slab. And the value of all the graded coins is entirely dependent on the specific grades, and any special designations or lack thereof, assigned.
