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 Replies: 28 / Views: 7,900 |
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Bedrock of the Community
United States
19960 Posts |
I too have lost interest in proof and mint sets for the most part. I've sold a ton of them the past couple of years and intend on selling more. Value wise they are stagnant and they are also common, there's plenty of supply vs demand.
Part of my loss of excitement was seeing mountains of these at my local shop. They seem to come in everyday and my dealer has piles of them. On my last trip he had an employee cutting some open to make proof rolls....a more profitable item than a set.
My philosophy on collecting is changing as I get older. I'm on a determined run to reduce my quantity greatly and go with fewer, higher grade coins.
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Bedrock of the Community
United States
10038 Posts |
If you have any woodworking skill at all, I think a simple solution would be to make a frame that would hold multiple sets for hanging on the wall. It would not be a hard thing (with a router or table saw) to make  Make a channel in 1X1 lumber:  Maybe a woodworker online here like jdfindring or nickelsearcher would be willing to make a deal with you if this idea appeals to you. Seeing a bunch of these mirror surface gems hanging on the wall in displays might be a good way to start enjoying their look again. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
 United States
157 Posts |
Earle42 - I'm not much of a wordworker or craftsman, but taking your idea further, what would be good is a frame or Capitol-style lucite holder for a "modern cameo proof type set" as I contemplated above. Excluding the litany of state/ATB quarters, Presidential dollars, and annual Native American dollar reverses, I think you're left with a frame/holder with 23 holes to fill: Lincoln Wheat 1909-1958 Lincoln Memorial 1959-2008 Lincoln Bicentennial Birth & Childhood 2009 Lincoln Bicentennial Formative Years 2009 Lincoln Bicentennial Professional Life 2009 Lincoln Bicentennial Presidency 2009 Lincoln Shield cent 2010- Jefferson Profile 1938-2003 Jefferson Peace Medal 2004 Jefferson Keelboat 2004 Jefferson American Bison 2005 Jefferson Ocean in View 2005 Jefferson Forward Facing 2006- Roosevelt 1946- Washington Eagle 1932-1998 Washington Bicentennial 1976 Franklin 1948-1963 Kennedy 1964- Kennedy Bicentennial 1976 Eisenhower 1971-1978 Eisenhower Bicentennial 1976 Susan B. Anthony 1979-1981, 1999 Sacagawea 2000-2008 Each of these series (even the wheats and the Frankies) has a recent enough run to allow a DCAM for each at affordable prices. -Brian Edited by bkprewitt
01/13/2012 3:24 pm
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Pillar of the Community
United States
1302 Posts |
If you did want to crack them open, I could use the clad dimes from 1982 on.... just saying.
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Valued Member
United States
194 Posts |
Although I only have a few, I'm no longer enamored with most proof sets either, except the new ATBs. I think they have made a great design decision with these, and (against the tide) I also like some of the matching pucks very much.
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Valued Member
United States
284 Posts |
I love proof sets. I think they are absolutely wonderful looking. Especially the different sets like the Legacy and Prestige sets. I also like the business strikes as well but I really like proof sets. That may just be because I am new at collecting and haven't found myself yet, but I have been slowly buying all the proof sets my local shop has.
Only problem I see with them is that they are common. They are not like an old graded morgan or capped bust dollar so you can't really get a premium on them if you gotta dump them for any reason. I tend to be more of an accumulator rather than a dealer or investor so I don't mind too much myself.
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Bedrock of the Community
United States
10038 Posts |
Quote:
what would be good is a frame or Capitol-style lucite holder Years ago I did this with my Franklins:  3 sheets of plexi - a thin one in the middle. Tapped the screw holes and countersunk the flat-head screw. Not hard to do. |
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Bedrock of the Community
United States
20753 Posts |
Quote:
So now I have 48 years of proof sets sitting around that I'm not really so jazzed about having anymore, even though I've had them all less than a year. I now wish I would have saved my money and simply used it to purchase other things, like silver Roosevelts, silver Washingtons, Franklins, or something else for the modern business strike series in my collection. I sort of agree with you as to lack of interest in Proof sets. I've been collecting them and the Uncirc sets for as long as they've been around or close to that. They all just go into a bunch of boxes and are never looked at again. Many years ago I took them all out of their original boxes for the first time since purchased, put all back into those same storage boxes. Only did that to reduce bulk. No idea how many of each there are in those boxes. Don't really care anymore. Yet year after year I order more from the Mint. I now order a pile for Christmas presents and keep several of each for myself and just don't know why. One of the problems with them is they take up to much room and are normally worth less than paid for. |
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Valued Member
United States
114 Posts |
Earle42 I really like your home made Lucite Holder. Great Idea.  This has me thinking about possibilities for displaying my collection, especially if I ever complete my Century Type set. |
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Bedrock of the Community
United States
10038 Posts |
@wvparadox
Thanks!
A good place to find smaller pieces of plexi - as opposed to buying large sheets - is at a sign shop. Ask them for scraps.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
United States
114 Posts |
Thanks for the tip earle  |
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Bedrock of the Community
United States
10038 Posts |
bkprewitt said: Quote:I'm not much of a wordworker or craftsman, but taking your idea further, what would be good is a frame or Capitol-style lucite holder for a "modern cameo proof type set" as I contemplated above. Excluding the litany of state/ATB quarters, Presidential dollars, and annual Native American dollar reverses, I think you're left with a frame/holder with 23 holes to fill: This sounds like a fun project and is a good suggestion. If I were not trying to get a reference book done for another hobby, I'd like to tackle this. It sure would look nice hanging on a wall. I admit it is all too easy for me to spend time on this forum and with my coins to escape the frustrations Microsoft Word gives when working on the book, but I promised myself I would not take on any woodworking/etc. projects until this book is out the door  . Remind me again in 9 months if you want one and maybe we can work something out   How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
United States
333 Posts |
I really like the carpenter idea for a few proof sets. I think I'd try and pick sets from different eras to make more contrast than a few years in a row. It would probably look nice next to a mounted uncut sheet of dollar bills.
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Previously Banned Member
107 Posts |
My recommendatio is to keep the sets until silver hits $43+ later in 2012 or 2013 .... Then, try selling them on this forum. Someone may want to negotiate a price for the entire lot.
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Pillar of the Community
United States
2271 Posts |
I personally am not a big fan of any coin made only for collectors whether it's an 1804 dollar or a 1970 proof set. I consider all NCLT issues to be a selective market for those who want such coins. However, I do appreciate the quality and rarity of many many proof coins and NCLT and this even applies to proofs which have no corresponding circulation issue. The fact is these US proof sets look really nice and something like a 1970 proof set from India not only looks really good but had a very low mintage and a possible huge demand. A lot of the Franklin Mint proof sets from the '60's to '80's are stunningly high quality from the artwork to the packaging. The mintage compared to the demand may be high in most cases but this takes nothing from the importance or beauty of the coins.
Proof coins certainly have their place and the modern proof will probably be collected by denominational collectors because they have a different mint mark and people will want to have "complete" collections. I save a few of these sets just because they are beutiful and someday I might want to display them with my collections.
One thing nice about the plethora of NCLT coins of the last 30 years is that they "invite" millions of "theme" collectors into the hobby. There are many people who collect things like birds on coins or ships on coins.
Time don't fly, it bounds and leaps.
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Replies: 28 / Views: 7,900 |
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First Page
Posted 01/13/2012 2:52 pm
