US Mint Notification with 1959 Proof Set

Discussion in 'US Coins Forum' started by DEA, Jan 2, 2021.

  1. DEA

    DEA Well-Known Member

    Perhaps I'm too easily amused but I found this insert in a recently purchased 1959 proof set to be . . . well . . . amusing. Why did I purchase a 1959 proof set? Merely amusement. I have many proof sets that my daddy-o purchased directly from the US Mint in the 80s and 90s, but I have only one each from the 70s and the 60s (I think). Price was right so I took the plunge.

    Anyway, for your enjoyment. I hope you are amused as well. I get the impression Rae V. Biester was receiving or responding to far too many "unnecessary correspondence" from us OCD coin collectors. Did you see that at the bottom right? The Government Printing Office (GPO) even assigned an official number to Mr. Biester's note.

    mint.jpg
     
    Spark1951, Lueds, SammyMann and 11 others like this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Ms.
     
  4. ldhair

    ldhair Clean Supporter

    I remember getting those with sets. Anyone know what years they were included?
     
    DEA likes this.
  5. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Me too, Larry. Guess we's be showing our 'age'...... devil.gif
     
    DEA likes this.
  6. potty dollar 1878

    potty dollar 1878 Well-Known Member

    I think it was mainly in the proof sets from the 50's and 60's
     
  7. DEA

    DEA Well-Known Member

    My apologies to Ms. Biester. I should have known, perhaps. Thanks!
     
  8. Inspector43

    Inspector43 72 Year Collector Supporter

    Well, what a coincidence. I was just today looking at my 1959 Proof Set. It was the first I bought. I still have the envelope with my name and address on it. It still has that little flyer in it and the 2 card stock inserts.
     
    Randy Abercrombie and DEA like this.
  9. DEA

    DEA Well-Known Member

    I'm seeing some toning or ? on the fifty-cent piece. BF looks like he has one of those modern day tattoos (German cross?) there on his cheek. I guessing that's why the price ("my price") was right. I am thinking I need to get these coins out of the "polyethylene-coated cellophane" soon (photo through the cellophane). Opinions?

    cents-50-1959-km.jpg
     
    Inspector43 likes this.
  10. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I have that same letter in my 59 proof set. I too was amused when I read it. I bet you are correct and the mint was already tired of hearing from us sixty years ago!
     
    Inspector43 likes this.
  11. DEA

    DEA Well-Known Member

    I find it even more amusing in the fact that it appears to be a typed on a 4x6 catalog card - typed by someone on a typewriter. A typewriter! Goodness. I haven't used an actual typewriter in perhaps twenty years. I work for the feds so I actually saw one recently in an Oakland GSA office. A real live typewriter!
     
    Spark1951, Lueds and Inspector43 like this.
  12. DEA

    DEA Well-Known Member

    During my quest to learn more about polyethylene coated cellophane, I ran across this URL - http://atlcoin.com/atlcoinblog/2010/07/21/cellophane/. Hard to believe a call in 1956 computes to $12 per minute in today's money? Whew! I call Germany for less than two-cents per minute; it'd be free if my mother had a computer (and knew how to use it).
     
    Inspector43 likes this.
  13. GDJMSP

    GDJMSP Numismatist Moderator

    There's two possibilities. The spotting you're seeing, and that's what it is - spotting, was caused by something that got on the coin before it was packaged in the pliofilm - saliva droplets more likely than not.

    The second possibility is that it's a fake set, and yeah there are some fake sets out there. And they are often packaged and sold with the original paperwork.

    What happens is someone finds a very nice original set, usually a CAM or DCAM. They remove the coins, get them graded and sell them individually. They they take genuine, but lesser quality coins, (sometimes spotted in the same way) put them in new packaging and sell them as original sets.

    About the only way one can identify the fake sets is by the pattern stamped into the pliofilm around the edges and in between the coins. It's different than it is with genuine original sets. And it's usually required that you the two sets - original and fake - side by side so you can tell the difference. Sometimes you can do it with pics but not always.
     
    DEA and GoldFinger1969 like this.
  14. johnmilton

    johnmilton Well-Known Member

    My 1959 set has the same insert message although the printing was a bit more formal.

    1959 Proof Set Alll.jpg

    1959 Proof Set O.jpg 1959 Proof Set R.jpg

    Edited say: I just checked though all of my Proof sets from 1960 to 1964. They have the same message included in the envelope. In later years it became a pink slip instead of a blue slip.
     
    Last edited: Jan 3, 2021
    Inspector43 and DEA like this.
  15. Inspector43

    Inspector43 72 Year Collector Supporter

    @johnmilton My insert is just like yours and I know it came from the US Mint. I still have the original mailing envelope with my name and address on it.
     
  16. DEA

    DEA Well-Known Member

  17. ddddd

    ddddd Member

    DEA likes this.
  18. Conder101

    Conder101 Numismatist

    You'll probably find similar note in earlier proof sets as well. Probably not in 1955's, but I would think 56 and 57 sets would be possible. Especailly 57's, that was the first year that the general public really got into buying proof sets in a big way and they wouldn't know what they were seeing and start writing the mint asking/complaining about the problem. 1955 mintage 378,200 and only part of those were flat packs, 1956 669,384, 1957 1,247,952. By 57 I would definitely expect to start seeing those cards.

    And the cards were also certainly not done on a typewriter, they were probably type set and printed.
     
    Inspector43 likes this.
  19. johnmilton

    johnmilton Well-Known Member

    Buying Proof sets from the mint at the issue price of $2.10 was a profitable activity in the early to mid 1950s. People began to notice this, and the mintages increased every year until 1957 exceeded 1 million for the first time. That mintage exceeded the demand, and the wholesale price fell below the issue price for the first time at $1.81. Perhaps there were those who tried to return the sets when they saw that their investment had soured. The practice of canceling orders is quite common today when the “latest hot new mint issue” turns out to be a dud.
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    History shows us that mint products with the highest value above issue price are those that the fewest wanted at the time of issue. So the question is, can you predict which products will be the least wanted ?

    There was a time I used to try, I was only truly successful once - in 2001. Now who can tell me what coin that was ?
     
  21. Phil's Coins

    Phil's Coins Well-Known Member

    I am afraid that what you see (under the chin & above the 5) are Milk spots and there is no way to eliminate them. Not sure about the "tattoo " on his cheek. I purchased a very large collection of pre 64 prof sets several months ago and it seems like 57-58 were the years of the Milk spots. I have since removed ALL coins from the mint packaging.
     
    DEA likes this.
Draft saved Draft deleted

Share This Page