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US Mint Notification with 1959 Proof Set
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<p>[QUOTE="johnmilton, post: 5377315, member: 101855"]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.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5377315, member: 101855"]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.[/QUOTE]
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US Mint Notification with 1959 Proof Set
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