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Statue of Liberty Set, Sold for $850 in 1986, sells for $873 now
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<p>[QUOTE="johnmilton, post: 7629159, member: 101855"]By the early 1980s, the Statue of Liberty was in rough shape. As comedian, Bob Hope, joked, "I waved to the Lady of Liberty and she waved back." What was required was a remake of the statue. French artists, who experts in working with copper, came to America to do the work. The project was completed and dedicated on the Fourth of July 1986. </p><p><br /></p><p>Here is a 1986 six piece Statue of Liberty set. The surcharges from the these commemorative coins were used to refurbish the statue. The $5 gold piece sold out very quickly. By the spring of 1986, the six piece was selling for $850. The three piece sets, which were sold in the Proof and Uncirculated formats were selling about half of that. </p><p><br /></p><p>[ATTACH=full]1312514[/ATTACH] </p><p><br /></p><p>After the dedication services were over, the market value of these coins dropped like stone. About 20 years ago, I bought this set for less than $200. Today it's back up to $873 on the Greysheet. </p><p><br /></p><p>Why?</p><p><br /></p><p>It is has nothing to do with the popularity of these coins despite the fact that they are quite nice. It has everything to with the price of gold with a minor boost from the silver dollars. </p><p><br /></p><p>The half dollar in this set one of the best designs in the modern commemorative series in my opinion. It was designed by Edgar Z. Steever IV and Sherl J. Winter who were sculptor engravers at the U.S. Mint. The coin is worth $2 in Proof or Uncirculated according to the Graysheet. </p><p><br /></p><p>[ATTACH=full]1312516[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 7629159, member: 101855"]By the early 1980s, the Statue of Liberty was in rough shape. As comedian, Bob Hope, joked, "I waved to the Lady of Liberty and she waved back." What was required was a remake of the statue. French artists, who experts in working with copper, came to America to do the work. The project was completed and dedicated on the Fourth of July 1986. Here is a 1986 six piece Statue of Liberty set. The surcharges from the these commemorative coins were used to refurbish the statue. The $5 gold piece sold out very quickly. By the spring of 1986, the six piece was selling for $850. The three piece sets, which were sold in the Proof and Uncirculated formats were selling about half of that. [ATTACH=full]1312514[/ATTACH] After the dedication services were over, the market value of these coins dropped like stone. About 20 years ago, I bought this set for less than $200. Today it's back up to $873 on the Greysheet. Why? It is has nothing to do with the popularity of these coins despite the fact that they are quite nice. It has everything to with the price of gold with a minor boost from the silver dollars. The half dollar in this set one of the best designs in the modern commemorative series in my opinion. It was designed by Edgar Z. Steever IV and Sherl J. Winter who were sculptor engravers at the U.S. Mint. The coin is worth $2 in Proof or Uncirculated according to the Graysheet. [ATTACH=full]1312516[/ATTACH][/QUOTE]
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Statue of Liberty Set, Sold for $850 in 1986, sells for $873 now
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