So back in 2000 I started to collect/buy mint and proof sets every year from the mint. I recently finished our basement and now have a bit of a storage problem as I had them in the basement tucked away and now I am having problems trying to find a good spot to store them and plus my collecting interest have changed. So from what I have seen on past mint and proof sets is that they rarely or very few ever command a premium and do well long term, so is it or isn't it a wise move to sell them, is there any years that have potential, and what's the best way to sell them (one lot, individual or by the year). What's been your experience with mint and proof sets.
Honestly? You'll be lucky if you break even. The 1999 & 2001 Silver Proof Sets have some potential, but not as much as they did 10 years ago. Chris
that's my thoughts better to sell and put the money into something better, something that I need to finish one of my sets, like a buffalo nickel, washington quarter or peace dollar. Isn't the 2012 or 2011 worth something more than mint price, if I remember there is one year that isn't too bad.
I don't know. I sold all of my Proof & Mint set when the SQ program ended. By the way, be sure to check your 2005 KS SQ Silver Proof to make sure it doesn't have the die dent, FS-901. I was one of the first to discover this and have it graded. When the CPG added it to the 5th Edition in 2012, I sold my NGC PF70 UCAM, FS-901 for $1,000 and a second complete proof set for $750. Chris
Oops! I forgot to post the photos. Note: These photos were taken before the CPG added it to the book.
Any estimate on how many might exist? I'll have to add that to the list of things to look for as I search shops and shows for coins.
When the news first broke on them in 2005, there were only 12 known. A collector in the Southwest supposedly had 10 and I had 2. I haven't bothered to check the PCGS and ANACS census numbers, but I think NGC has only graded 3 or so. The authors of the CPG seem to think that more might be out there. Who knows! Chris
