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What's so special about the 1952 proof set?

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Newmismatist
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 Posted 03/07/2012  12:20 pm Show Profile Bookmark this topic Add Newmismatist to your friends list Get a Link to this Message

APMEX lists the 1952 proof set at $279.99. Sets from other years, ranging from 1956 to 1960, range in price from $29.55 to $44.99.

What's so special about the 1952 proof set? Low mintage?

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 Posted 03/07/2012  12:35 pm  Show Profile Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
Yes, the 1952 proof set has a much lower mintage than the 1956 to 1960 sets.
http://lynncoins.com/set_mintages.htm
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 Posted 03/07/2012  12:53 pm  Show Profile Check biokemist6's eBay Listings Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Mintage was a mere 81,890 but the 1950 and 1951 sets had even lower mintages(<60,000) and are more valuable.
ANA R-3151318
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 Posted 03/07/2012  1:20 pm  Show Profile Bookmark this reply Add Teach to your friends list Get a Link to this Reply
The 1950 and 51 sets are going for more than $500 these days.
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 Posted 03/07/2012  2:09 pm  Show Profile Check CoinsKelly's eCrater Listings Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I feel that would be on the high side of a 1952 proof set. My son inherited one and I have been tracking it at $200 or under (it's not for sale, it was his father's). But I know the 1951 and earlier really start to rise.
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 Posted 03/07/2012  2:56 pm  Show Profile Check smokeriderdon's eBay Listings Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
50-55 all command hefty premiums as they have relatively low mintages. I will say this, if you can snag a 56=60 for that price range, do it.
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 Posted 03/08/2012  11:43 am  Show Profile Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Up through 1955 proof sets were mainly purchased just by collectors. In late 1956 it came to the general public's attention that for just $2.10 sets purchased just a couple of years earlier were already bringing a SIGNIFICANT premium. In 1957 EVERYONE jumped on the bandwagon and ordered proof sets. (People went as far as to take out loans in order to buy sets in anticipation of selling them for a profit and repaying the loans.) Mintage went through the roof and by the end of the year the 1957 sets were selling for less than issue price. It was years before the 57 set rose above issue price. (Which was odd because within two years proof set mintages again rose above the 1957 level. Of course on the other hand the 1956 to 64 sets have never been much above melt since then while the older sets have constantly moved up.
Edited by Conder101
03/08/2012 11:45 am
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 Posted 03/09/2012  7:34 pm  Show Profile Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
im still missing the sets below 1956 those are definately on my wish list
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 Posted 03/09/2012  7:56 pm  Show Profile Bookmark this reply Add Newmismatist to your friends list Get a Link to this Reply
I recently bought a 1961 proof sete because I thought it would be cool to have a set from the year I was born. Reading these comments, I'm glad I wasn't born ten years earlier!
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 Posted 03/11/2012  6:37 pm  Show Profile Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I wouldn't mind buying a 52 set.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 01/31/2013  10:00 am  Show Profile Bookmark this reply Add macdon to your friends list Get a Link to this Reply
Re: 1952 mint state coins in cardboard holder

I have a set that I thought was a mint set but was informed that the six coins may be specimen coins because the Canadian Mint did not start issuing mint set until 1954 will that make them more valuable?

I am a newbie to all of the jargon so not too sure of myself yet
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 Posted 01/31/2013  11:26 am  Show Profile Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply

Quote:
I wouldn't mind buying a 52 set.


My wife got me one for my birthday.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 01/31/2013  11:39 am  Show Profile Bookmark this reply Add upstate to your friends list Get a Link to this Reply
cool, Happy birthday!
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 Posted 01/31/2013  1:48 pm  Show Profile Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Yeah, the bad part is its my birth year.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 01/31/2013  4:32 pm  Show Profile Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
Yeah, the bad part is its my birth year.

Could be worse, you could have been born in a Special Mint Set year. Or 1971-1991 with Clad Proof Sets only...
GO: (Coin Collecting is) the only hobby that when you are broke you still have money.

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 Posted 01/31/2013  5:07 pm  Show Profile Check CoinsKelly's eCrater Listings Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply

Quote:
you could have been born in a Special Mint Set year


I know that pain
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