I was just wondering what the feelings about proof sets are. Is there more of a preference for the regular proof sets or silver proof sets. From looking at the pricing of these it seems that some years the regular sets value is higher compared to silver sets value, based on their issue price and vice versa.
It all depends on you and your taste, I guess. I personally like them. Seems most of the silver ones are going higher than the regular, but then I have't watched any auctions recently. To me, the silver proofs have more of a look to them if you know what I mean to them, I guess because of the silver. But I stll like the clad ones too. Phoenix
The values are based on two simple items: 1) mintage, or supply and 2) demand. Most modern sets are common and not worth the re-sale money. However, for an interesting side line, look at the mintages for some of the modern commemorative dollars. There are some very low mintages and someday they may become more popular and highly collectible. A lot of sleepers there.
I dunno, for some reason I likem... can't get enough... I'm working on a complete set from start to current and on going... Clad, Silver, Prestige, etc.. I'm building them... I want atleast one of each year of each type of issue... I'm also building a set of Mint sets from start to current.. Later one once I'm done, I might crack the dupes and get them certified.... I kinda like those big multi-coin slabs NGC has for Proof Sets... I guess because it reminds me of the orignal proof set holders only with a grade...
I like the proof sets because they are attractive well made coins. The worst thing about them is that they are so distressingly common. Three million or more are made each year to a public that buys far more than they are really col- lecting so there are always large numbers available. This overhang is always being whittled down by normal attrition and other reasons but is still massive. In the long run these sets will actually prove to be sleepers because most collectors will add them to their sets and the available supply will not meet the demand. (at least not at hist- orical pricing). Many of the album manufacturers include openings for these because this is the way most collectors want their sets.
Ive just gotten in to the silver set subscription, and I would like to add old ones as time goes on. I prefer the silver ones, no particular reason just like em better.
Good luck with that endeavor smullen and I hope you win the lottery because you'll need it if you're talking about getting sets issued before 1950. 1936 Proof Set $8200 1937 Proof Set $4275 1938 Proof Set $2000 1939 Proof Set $1875 1940 Proof Set $1600 1941 Proof Set $1585 1942 Proof Set $1375 1942 Proof Set, 6 Piece $1550 1950 Proof Set $820 And those are VERY conservative prices:smile
I personally prefer the clad ones... I see the proof sets as basically an example of each of the coins meant to circulate (the original purpose of proofs) and the silver proofs are something made only for the sake of collectors, to me that just feels too artificial. Just my personal taste though. Doesn't mean I never collect commemoratives, if comemmorates something I'm interested in and/or I like the design. But as for proof sets, I stick to the clad ones (for years that only clads were produced for circulation I mean lol...). I keep up with the clad proof sets minted every year now but otherwise am not really working on collecting proof sets by series; would rather spend my time and money working on my type set. But may start working from the most recent I don't have backwards at some point in time.
2007 silver proof set and or clad proof set i plan to buy some of these silver and clad proof set with prez dollar on it. the first year of prez only. after that no more purchases.
Some of the old sets are very expensive now. My oldest is 1957 which is still at a low price. Just wish I ordered more of the 1999 silvers lol
A worthy endeavor :thumb: I worked on doing the same for years, was never able to complete them though. I insisted on only owning completely original sets. And I hand picked every one, doing my best to obtain only the finest examples. When I finally gave up collecting US coins I had the Mint sets back thru '49 and the Proofs thru '52. And I never once even saw an original Proof set for the years from '36 thru '42. So, you're gonna be at it a while - more power to ya
I buy like 3-6 sets a month now... Depending on cash and what I find.... I figure when I get to that point, I'll slow down to one set a year...
"VERY conservative prices" ???? Not sure where you've been shopping but those prices are alt least 10-15% high across the board! If you think 1936 proof sets are conservative at $8200, I'll sell you as many as you want for $8,000. Just give me enough time to order them from mintproducts.com for $7200. http://www.mintproducts.com/index.asp?PageAction=VIEWCATS&Category=222
I like proof sets, as I think they are a fun collector's item. I do not view them as an investment (although there has been a lot of money to be made from some silver sets), but just as a fun collectible. For the most part, proof sets can be completed back into the 1950s at a very reasonable cost. Its a great item to collect for both beginning and advanced collectors.
It will not be long before Americans notice that they are putting states on the quarters, then the proof quarters will be worth something.
Well, you should find someplace else to shop - at least for those sets. Assembled sets in Capital holders, like those at Mint Products, can be found for less, a good bit less. I do believe what Mikjo was talking about are original Proof sets in original mint packaging. I'd be very surprised if you could find one for only $8,000.
