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