1964 Silver Proof Set

It is true...if you buy at the right time and sell at the right time it can be done. But, those "right time" sets are an uncommon event and are highly unpredictable.

 

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Buy high, sell low or something like that, right? Buy high, sell higher? Hmmm...

 

There was a time when the 2001 Proof Sets held that position and were selling for as much as $120 each. However, those days have passed and I expect that the days for the 2008 sets will pass as well.

 

AND, this action does not necessarily indicate a "good investment" as much as it indicates a future "coin dealer".

 

LOL, it's true.

 

I like them, along with the SMS sets.

 

I would value a 64 set at about $25 minus marketing fees. I bought two sets in 2005 for about $13/each. As a coin investment, it is one of my better ones but not as good as the stock market.

 

News to me; I've not seen any evidence they're doing anything special with Kennedy halves they weren't already going to do. Where did you hear about any "special Kennedy coins"?

 

the 2014 Gold Kennedy for one...see the US Mint

 

Actually...no official announcement has been made. There has been a lot of hinting...but nothing official.

 

That is a very slippery slope, to start minting PM products willy-nilly, every President or Indian fighter or yahoo, every 50th or 100th anniversary or every denomination in their collective IQ's. You will pay big premiums, and have a big pile, and at the end of the day, what exactly do you have? A big PM-pile whose retail eventually sinks like a stone, under its own weight, just like certain years of Proof Sets we all know. Yes, it will create jobs at the San Francisco mint. No, we will never match the output level of Australia's Perth Mint.

I suppose, with our smaller coin denominations becoming trivialized (1c, 5c, who's next?), there has to be some concrete achievement to justify keeping 3 or 4 Mints open.

Maybe we could pick up a few more bucks minting Peace Dollars for Ukraine.

 

Sorry I'm so late responding, been way too busy lately. The sets are standard five piece brilliant sets. Some of the coins are relatively low grade, in the 63-64 range, but the halves look to be in the 65-67 range. The halves are the money coins, but I bought the lot of ten sets from a dealer at the fun show at the bargain price of 15k about 15 years ago. I will get them graded in a couple of years as he will be entering collage in only three years. I just realized that I'm getting really old.

I'm sorry to report that he has yet to get a grade less than an A, so my St. Gardens set will stay as is for now. Maybe I can get him interested in video games or girls or something.

 

Just look at what the '99 proof sets are bringing. In for the long haul? Wait and pounce. I didn't and have since suffered the consequences ......

 

Would like to hear some opinions. I have two rolls of S-mint 90%-silver Proof Kennedy 50c taken from bags and other sources. They are now impaired proofs by virtue of very light marks here and there. Before I go to a lot of trouble to image and list them, do you think date collectors would be interested, or would they likely hold out for choice Proofs for a few dollars more?

 

Bullion........Impaired proofs are just that.

 

It does prove that someone, someplace, is scrapping Proof Sets for 90% silver. That's fascinating, considering silver's sideways dance for a year now. Of course, they may have torn up the sets when silver surged. I was surprised to find them.

 

I think the interest in girls will come without much prodding from you.

Yes, that is quite a bargain for 10 sets of 1936 proofs. You should do well when and if it comes time to sell.