Prestige Set-Proof

Discussion in 'Coin Chat' started by Collecting Nut, Oct 13, 2021.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Some may ask, What is a Proof Prestige Set? Simply put, from 1983-1997 the US Mint issued these Proof sets. The only exception is 1985, when no set was issued. These sets were proof issues only with more elaborate packing than those of today.

    The Prestige Set, with their special packaging, contain the proof coins from that year as well as the Commemorative Silver Half Dollar and the Commemorative Silver Dollar for some of those years.

    My only Prestige Set is from 1987. It contains the Commemorative Silver Dollar.
    73FE6390-71BC-4002-9FE0-CA8B19D7DE98.jpeg D284B998-57A4-4D37-BB74-29CDC6E430A4.jpeg 8E1BA2B3-77E2-48CB-8090-8303C59AB829.jpeg 2CDE549D-1525-497E-B3BB-7FFC1B0DF222.jpeg 697ED9A8-B4D9-46C1-8661-BC3181695804.jpeg CFF278C7-90CE-4B98-A87C-57154AA1E030.jpeg 3BBF6C06-7C94-4DE9-8A6A-205CDAE8657A.jpeg 32AD5958-286F-47D3-A2A0-763C09A0C31A.jpeg AE2BBDB8-0B4D-4D42-9DBA-99B2221EBA81.jpeg 38614C23-B044-4024-B604-6ED8860F35CB.jpeg
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    Ran out of photo room so here’s the reverse of the Kennedy Half Dollar.
    7E39076B-4425-4C95-B544-311A80CC34B1.jpeg
     
  4. Mac McDonald

    Mac McDonald Well-Known Member

    I have a 1986...used to have several...always thought they were kind of nice...some of the individual 90% silver dollars in them are more valuable than the entire sets, as listed. Same for many sets.
     
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  5. furryfrog02

    furryfrog02 Well-Known Member

    I have a 1984 (my birth year). It's pretty cool but the dollar is frosty like @Collecting Nut 's pictures.
     
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  6. hotwheelsearl

    hotwheelsearl Well-Known Member

    How does that make any sense? So bizarre.
     
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  7. Inspector43

    Inspector43 Celebrating 75 Years Active Collecting Supporter

    I got a couple for effect. All of these coins were available in other sets.
     
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  8. Sting 60

    Sting 60 Well-Known Member

    I have the complete series and are very nice. Some things to consider if you collect them is the space they take up and whether they will retain value. The later I found not to be true. However, they are a pleasure to look at.
     
  9. Treashunt

    Treashunt The Other Frank

    I also bought one--

    for my son's birth year -- also 1986
     
    expat likes this.
  10. Mac McDonald

    Mac McDonald Well-Known Member

    Indeed. No sense, but cents, apparently. When I first started noticing this I thought it was an error, a typo, etc...then it made "cents" that so many sets are broken up to get the more valuable coins into individual slabs, etc.
     
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  11. hotwheelsearl

    hotwheelsearl Well-Known Member

    My best guess is that people who intent on slabbing just the dollar will have to spend more time and money than its worth to get rid of the rest of the coins they have no use for, and would rather pay a premium for just the one they want?

    Still seems odd, as worst case scenario you throw away the package, and use the rest of the coins as small change at the store, and you still walk away on top.
     
    expat likes this.
  12. beaver96

    beaver96 Well-Known Member

    I have a 2006 Legacy Set and a 2014 Limited Edition Proof Set.
    d.jpg q4.jpg q3.jpg q1.jpg q.jpg d2.jpg
     
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  13. Bambam8778

    Bambam8778 Well-Known Member

    I love these sets and from time to time, you can still get a great deal on them!
     
    Collecting Nut and Eric the Red like this.
  14. GDJMSP

    GDJMSP Numismatist Moderator

    The key word in Mac's comment is "some". And it makes perfect sense when you think about it. It's because of the mintage numbers - some, but not all, of the special dollar coins in the sets had lower mintage numbers. And whether that's a valid reason or not, many collectors think it's a valid reason and so apply a higher value to those coins.

    The exact same thing happens with pretty much all collector issues the mint put out, those with the lower mintage numbers typically have higher prices than others.
     
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  15. Dearborn

    Dearborn Above average collector - Is that an Error?

    They do make a great presentation item.
     
    Collecting Nut likes this.
  16. whopper64

    whopper64 Well-Known Member

    I have a 1983 Prestige Proof set to give to my daughter as part of her birth legacy. All the coins seem to be in pristine shape, no toning or darkening of any coin. This set is valuable to me simply because of my daughter's birth year. She is already mentioning that she will keep the set and pass it off to one of her children.
     
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  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    1983 was the first year of issue for these sets. Very nice to hear that she’ll keep the set and pass it off later in life.
     
    Dearborn likes this.
  18. whopper64

    whopper64 Well-Known Member

    Thanks! I noticed that the 1983 set was the first before I purchased it, and that just added to the thrill of the purchase. Waited several months before a decent price presented itself. Have learned after some painful lessons to wait a while and not buy on impulse. One example of waiting benefits - my collection of ATB quarters is now complete with all the "W" quarters. Waited until the asking prices were reasonable, pennies on the dollar compared to when each one first became available! Can't believe all the so-called collectors paid such inflated prices for most of them.
     
    Dearborn likes this.
  19. Dynoking

    Dynoking Well-Known Member

    Don't throw away the package, it can be resold.
     
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    It pays to be patient.
     
    whopper64 likes this.
  21. hotwheelsearl

    hotwheelsearl Well-Known Member

    I agree, but it seems like if people pay MORE for the single coin than the entire set, then they have little to no concern for the rest of the coins/package in the set.
     
    Dynoking likes this.
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