Modern proof set pricing

Discussion in 'US Coins Forum' started by TaterTot, May 16, 2015.

  1. TaterTot

    TaterTot Active Member

    The new trend!! It's the new iCoin, with flat, minimalist design.
     
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  3. McBlzr

    McBlzr Sr Professional Collector

    100_6288.JPG 100_6291.JPG 100_6292.JPG Sorta back on topic :shifty:

    I was browsing eBay Friday night. I found 3 - 1998 Silver Proof sets for $20 each.
    The US Mint originally sold them for $21 each. The sellers pic was not the greatest, looked like bad lighting.
    So, I jumped & took a chance.
    My quick pics when they arrived today are poor. But, in hand they are very excellent. The Kennedy Halfs look PF69 or PF70. :cool:
     
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  4. GSDykes

    GSDykes Well-Known Member

    Proof sets should only exist as engineering specimens, to rest in a museum so that future generations can see what a 2012 coin looked like, at its BEST - proof (though the frosted ones are not included in this evaluation). But minting thousands and then selling them to collectors is counter productive. If several hundred sets were available, they should be sold only to registered museums, for preservation purposes. In reality, the type collection to own is the UNcirculated sets. These coins better reflect reality, how actual coins look in or before circulation. They are not some fancy relic or artistic embellishments. Its like owning a beautiful gold plated, framed and autographed .45 pistol: OR a real working Colt. Collecting coins is a hobby in which the collector often aims to improve the quality of his/her coins. Roll hunting, change checking, and buying from dealers. But just laying down cash for a shiney artificial multistruck never used coin is again, in opposition to the fun of trying to build and to better a collection, a collection reflecting reality.
    Sure, I can run down and buy a proof Jefferson (six step!!) and slab it and stare at it. It is difficult to put into an album (though slab albums exist, they are bulky and costly). And as mentioned elsewhere the frosted devices destroy the original sculpting, actually a disfigurement. Nay, as for me I will search for MS coins, or buy UNcirculated sets, as to the proof coins -- I will buy only so as to possess an artificial extreme quality example, for show ONLY. Buying proof coins and then flipping for profit purposes, seems so lifeless to me, boring, dull. Proof coins are like royalty, like the upper caste folks, bluebloods, I prefer the masses, the common beauties, the ones you work for, you search for... I guess its time I stop going on and on.....
    GSDykes
     
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  5. Spud Koolzip

    Spud Koolzip Member

    No, the Mint SHOULD NOT have a warning on the dollar coin, "This is real money." If a person is so stupid/careless than he cannot tell the difference between a dollar coin and a Chuck E Cheese token, that is HIS problem, not the mint's. This is akin to people not using dollar coins because they don't like "quarter-sized" dollars.
    Sheeesh. SMH
     
  6. eddiespin

    eddiespin Fast Eddie

    Hey, nice avarar. :rolleyes:
     
  7. TaterTot

    TaterTot Active Member

    Got my 2015 set in the mail today. Definitely very easy to tell how different they are compared to my older 80's sets!!
     
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