Clad Proof Sets (Value vs Mintage)

Discussion in 'US Coins Forum' started by Phil Ham, Apr 19, 2014.

  1. Santinidollar

    Santinidollar Supporter! Supporter

    The sheer mintage numbers of these sets is one of the saddest things the Mint ever did.
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    But I guess they sold them all, right ? So they pretty much catered to demand, I guess.

    I guess it was a residue of the adults who collected in the 1940's-1960's....get a family member or friend something to collect. Easiest thing was to just order from The Mint rather than scour coin shops and not know what you are buying.

    Proof sets were all I got back then. Wish someone had skipped 90% of my presents and just gotten me 1 damn Saint-Gaudens or even a few Morgans on the cheap !!! :D
     
  4. coin dog

    coin dog Well-Known Member

    I quit buying the clad proof sets in 2006. They just take up a lot of space, and for the most part, are worth very little. At this point in my collecting career, I have no interest in any coins that do not contain silver or gold.
     
  5. Phil Ham

    Phil Ham Hamster

    The sudden unavailability of the 2020 clad proof set has significantly increased the selling price on the bay. It is currently selling for prices above the $80 as the word on the street is they are sold out. Its mintage is the lowest for a proof set since 1955. It also includes the proof W mint mark nickel, which also adds to its desirability. Proof sets from the 70's, 80's, and 90's continue to wallow in the doldrums. Recent proof sets seem to be holding and even gaining value, perhaps as a result of their ever decreasing mintages. The table and chart are provided for your perusal:


    upload_2021-1-2_16-40-54.png

    upload_2021-1-2_16-44-41.png
     
  6. LakeEffect

    LakeEffect Average Circulated Supporter

    Thanks for keeping this thread alive. It's an interesting situation with the 2020 set.

    It looks like the 2012 set is still going for a premium.

    I haven't bought a clad set in 25 years but the ever-declining mintages is interesting.
     
  7. erscolo

    erscolo Well-Known Member

    There were far more collectors two and three generations ago. I continue to purchase the sets from the Mint, not worrying about their "worth." There is nothing sad about that.
     
    davdo likes this.
  8. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    No, absolutely isn't anything wrong with that.

    If you want to see a circulation coin in the best possible presentation, then the mint sets are the way to achieve that.

    If you pull coins out of circulation you'll find some nice pieces but nothing beats seeing it the way it was really meant by the designer.
     
  9. Mojavedave

    Mojavedave Senior Member

    Thanks for the work and keeping us up to date Phil. Your charts are great

    Dave
     
  10. Phil Ham

    Phil Ham Hamster

    The latest update on the US mint's proof sets. The 2020 value continues to rise with its low mintage and strong demand on the after-market. The 2012 continues to hold value with most other years staying relatively flat. The mintage of the 2021 is going higher than the 2020 set, which was the lowest since 1955.

    upload_2021-12-27_12-30-7.png
    upload_2021-12-27_12-30-30.png
     
    halvessearcher and cladking like this.
  11. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    Give me one good objective reason for the pricing on the 2012 set? I'll give you that in 2013 it was an all time low based on previous mintages.

    But subsequent mintages have simply proved there's very little demand for proof sets so why is it still expensive?

    It's not like there's some huge rarity you could cherry pick out of the set. Even if that was true by now they would largely have been picked over.
     
  12. Phil Ham

    Phil Ham Hamster

    The 2012 set was an unexpectant sellout, which caused a chase for sets on the after market. The result of that event seems to be keeping the value high to this day despite its higher mintage than some of the later year sets that remained on the market for some time. The 2020 set was another set that sold out suddenly. It was most likely caused by COVID-19 and reduced production capabilities because of it. COVID seems to be creating more interest in the hobby or perhaps a reinterest in it. As sets diminish in mintages coupled with more interest in the hobby, they seem to be retaining or increasing in value. Some sets are broken down as collectors fill holes with high quality specimens. For instance, I buy half dollars each year to fill holes in my Kennedy book. It requires half dollars from clad proof and silver proof sets. I've even got P's and D's from mint sets.
     
  13. baseball21

    baseball21 Well-Known Member

    They really screwed everyone that bought the 2021 at much higher prices who thought it was going to be the new modern key when they put it back up for sale after several month
     
  14. Phil Ham

    Phil Ham Hamster

    The latest update on the US mint's clad proof sets. The 2020 value continues to rise with its low mintage and strong demand on the after-market (COVID Set). The 2012 continues to hold value with most other years staying relatively flat. The mintage of the 2021 is set is higher than the 2020 set, which was the lowest since 1955. The 2022 set will most likely exceed the 2020 set when the mint stops selling it in about a year.

    upload_2023-1-1_14-51-50.png
    upload_2023-1-1_14-54-29.png
     
    halvessearcher and bradgator2 like this.
  15. bradgator2

    bradgator2 Well-Known Member

    I dont think the 2022 sets have been available from the mint for roughly 2 months.
     
  16. johnmilton

    johnmilton Well-Known Member

    Have a set of Proof sets from 1936. I’d like to keep the set going, but I’m done with the new clad sets. At least you have some silver if the prices for those sets collapse.
     
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  17. Phil Ham

    Phil Ham Hamster

    Here is my 2023 clad proof set.

    2023 Proof Set - Obverse.jpg 2023 Proof Set - Reverse.jpg 2023 Proof Set - Reverse.jpg
     
  18. johnmilton

    johnmilton Well-Known Member

    Why?

    Do want to the mint to create rarities every year? Do you want the flipper feeding frenzy with many collectors out in the cold? Not I.
     
    davdo, psuman08, Jeffjay and 2 others like this.
  19. KeviniswhoIam

    KeviniswhoIam Well-Known Member

    Great points! I wasn't old enough to know about the GSA Morgan hoards when they became available......my dang relatives needed to get me a bunch of those rather than a chemistry set, erector set, etc!! Dang their lack of insight!
     
  20. -jeffB

    -jeffB Greshams LEO Supporter

    I don't know -- I've gotten a lot more mileage out of the interests sparked by those STEM toys than I would have from a handful of GSA dollars. ;)
     
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