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What happened in the sixties?
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<p>[QUOTE="SFDukie, post: 47433, member: 2529"]There was a proof set (and uncir roll) craze in the early 60s in the US, similar to the commemorative craze in the 30s (which crashed in 36). One persons' take:</p><p>'What our government does with coinage has a tremendous impact on people’s desire and ability to collect coins. Examples include the government’s resumption of yearly proof set manufacturing in 1950, after an eight-year hiatus. The yearly minting of proof sets beginning in 1950, and the improved packaging of those sets beginning in 1955, helped fuel the post-war coin boom and carried through to the 1960-64-bull market.</p><p><br /></p><p>Government coinage policy can also have a negative impact, as was seen when the government stopped making proof sets from 1965-67, stopped putting mint marks on coins from 1965-67, and, most importantly, took the silver out of coins in 1965. This action put a real damper on coin collecting and stopped the 1960-64-bull market."[/QUOTE]</p><p><br /></p>
[QUOTE="SFDukie, post: 47433, member: 2529"]There was a proof set (and uncir roll) craze in the early 60s in the US, similar to the commemorative craze in the 30s (which crashed in 36). One persons' take: 'What our government does with coinage has a tremendous impact on people’s desire and ability to collect coins. Examples include the government’s resumption of yearly proof set manufacturing in 1950, after an eight-year hiatus. The yearly minting of proof sets beginning in 1950, and the improved packaging of those sets beginning in 1955, helped fuel the post-war coin boom and carried through to the 1960-64-bull market. Government coinage policy can also have a negative impact, as was seen when the government stopped making proof sets from 1965-67, stopped putting mint marks on coins from 1965-67, and, most importantly, took the silver out of coins in 1965. This action put a real damper on coin collecting and stopped the 1960-64-bull market."[/QUOTE]
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