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<p>[QUOTE="cladking, post: 63971, member: 68"]These sets are the greatest values in the hobby. </p><p><br /></p><p>Sure the typical set that sells for $5 is worth little more than this but that's </p><p>exactly my point. The typical set that sells for $5 will contain about $3 face</p><p>value in coins which will wholesale for about $6 when you cut them out. More </p><p>interestingly is that most of the finest coins made in the last couple of genera-</p><p>tions are found ONLY in these sets. In many cases these coins will have huge</p><p>premiums because they are scarce even in the sets. </p><p><br /></p><p>Huge percentages of mint and proof sets have been busted up and they are get-</p><p>ting increasingly difficult to find. Twenty years ago you could find thousands of</p><p>these sets at the typical mid sized coin show but now days you're lucky to find </p><p>dozens of the mint sets though proof sets are typically a little easier. </p><p><br /></p><p>Not only are the best coins contained in these sets but often the second best </p><p>can be found ONLY in these sets as well. In fact with many of the mint state </p><p>dimes and quarters there is simply no other source for uncirculated examples </p><p>at all. Try finding a coin like a 1969 quarter or '71 dime that didn't come from </p><p>a mint set. You're unlikely to find them even in years of looking. Of course, all</p><p>of the proof coins are found only in the proof sets except for the many millions </p><p>of stragglers which escaped into circulation. </p><p><br /></p><p>The reason these prices are low is really very simple; there is extremely little</p><p>demand. Old time collectors have no interest in later date coins and most of </p><p>the collectors of these are newer, younger collectors. If more than a few start</p><p>collecting these coins then you'll see a very changed price structure but more </p><p>importantly you won't see these sets any more. The few remaining sets will </p><p>quickly be destroyed to make denomination/ date/ mintmark sets. </p><p><br /></p><p>No doubt many are amused by these statements but keep in mind that the '50-D</p><p>nickel achieved a price of nearly $150 in 1964 in todays money. A '50'D nickel is</p><p>far more common in unc than most of the clad quarters and dimes and there are</p><p>nearly twice as many collectors today. </p><p><br /></p><p>Perhaps people will never collect these coins in large numbers and prices will never </p><p>go very much higher but the fact remains the sets are grossly underpriced even rel-</p><p>ative to the current demand which has been growing sharply for years.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 63971, member: 68"]These sets are the greatest values in the hobby. Sure the typical set that sells for $5 is worth little more than this but that's exactly my point. The typical set that sells for $5 will contain about $3 face value in coins which will wholesale for about $6 when you cut them out. More interestingly is that most of the finest coins made in the last couple of genera- tions are found ONLY in these sets. In many cases these coins will have huge premiums because they are scarce even in the sets. Huge percentages of mint and proof sets have been busted up and they are get- ting increasingly difficult to find. Twenty years ago you could find thousands of these sets at the typical mid sized coin show but now days you're lucky to find dozens of the mint sets though proof sets are typically a little easier. Not only are the best coins contained in these sets but often the second best can be found ONLY in these sets as well. In fact with many of the mint state dimes and quarters there is simply no other source for uncirculated examples at all. Try finding a coin like a 1969 quarter or '71 dime that didn't come from a mint set. You're unlikely to find them even in years of looking. Of course, all of the proof coins are found only in the proof sets except for the many millions of stragglers which escaped into circulation. The reason these prices are low is really very simple; there is extremely little demand. Old time collectors have no interest in later date coins and most of the collectors of these are newer, younger collectors. If more than a few start collecting these coins then you'll see a very changed price structure but more importantly you won't see these sets any more. The few remaining sets will quickly be destroyed to make denomination/ date/ mintmark sets. No doubt many are amused by these statements but keep in mind that the '50-D nickel achieved a price of nearly $150 in 1964 in todays money. A '50'D nickel is far more common in unc than most of the clad quarters and dimes and there are nearly twice as many collectors today. Perhaps people will never collect these coins in large numbers and prices will never go very much higher but the fact remains the sets are grossly underpriced even rel- ative to the current demand which has been growing sharply for years.[/QUOTE]
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