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1969 S First Proof Set!

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Valued Member
United States
67 Posts
 Posted 11/30/2024  09:59 am  Show Profile   Bookmark this reply Add Commoncents1 to your friends list
Why did you choose it for your first? and I will I was hoping to find the DDO Lincoln Cent but I think it's only an rpm with Machine Doubling. And suggestions what my next one should be?
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United States
15422 Posts
 Posted 11/30/2024  10:05 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
A nice set but common coins and not worth the cost of grading. Put it away as-is.
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
United States
3535 Posts
 Posted 11/30/2024  1:00 pm  Show Profile   Bookmark this reply Add Tacc to your friends list
Don't have a '69 Proof Set personally but I do have the entire 60's Mint Sets and they look really nice.
Fine choice of a '69 Proof Set to get started with, and I agree almost certainly not worth grading the individual coins.
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United States
74090 Posts
 Posted 11/30/2024  10:17 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
Nice coins, but not worth slabbing.
Errers and Varietys.
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 Posted 11/30/2024  10:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Fantastic!

1969 was the my first proof set as well. Why? Because I was born in 1969.

The lens had an ugly crack in it when I got it at age 11, so mine ended up being cracked open. The coins now reside in various Dansco albums.

I gifted another 1969 set several years ago. This one is in much better shape and shall remain intact.
Valued Member
United States
67 Posts
 Posted 11/30/2024  10:30 pm  Show Profile   Bookmark this reply Add Commoncents1 to your friends list
That's what's up J buck I am sure you have quite a collection now. I have just started which seems a little late in Life. But better late then never.
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188213 Posts
 Posted 12/01/2024  12:17 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I am sure you have quite a collection now.
It certainly makes me happy.

Quote:
I have just started which seems a little late in Life. But better late then never.
Indeed! Enjoy the ride!
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5394 Posts
 Posted 12/01/2024  12:28 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Don't get the concept of spending $ 100 plus to the grading
Services to grade a 10 dollar retail
Coin set
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4591 Posts
 Posted 12/01/2024  09:44 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
https://www.numismedia.com/rarecoin...of=b&plus=no

Unless you have one of the errors, it's really not worth grading any of them.

ANACS used to have a co-service with OSV (https://www.osv.expert/), but I'm not seeing it on the website any more. OSV verified the set was original and then ANACS put the whole thing in a plastic slab.

Otherwise, you will end up with six "random" coins with adjacent certificate numbers and no other "proof" they're related.

And generally, the economics aren't there. If you submit a six-coin set to PCGS or NGC even at economy rates, it will run you $17-$23 per coin valued up to $300, $30-$40 per coin valued up to $2,500. $102 - $240 plus shipping and insurance. And add the $9 FMV of the set.

Even if you got spectacularly lucky and the quarter grades PF69DCAM, finest known, it's got a market value of under $300. The rest will be worth under $30 each.

$150 cost, 6x$30 = $180 value after grading.

I had a friend who used to make his living as a coin dealer cherry-picking old sets, sending the best coins off to be bulk graded (there is a discount for sending in 100 coins at a time, but you must have 10 or more of each type, so he sat on a lot of inventory to get to those numbers), and then selling them at coin shows. But he made that living clearing $5, $10 a coin. And the business dried up when he had seen every set in a 300-mile radius and couldn't get enough fresh material to sustain the business.

Just put it aside and enjoy it as is.


-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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12819 Posts
 Posted 12/03/2024  10:02 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
That's a good-looking set, congrats!
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 Posted 12/03/2024  10:36 pm  Show Profile   Bookmark this reply Add Commoncents1 to your friends list
Thank you! I am digging it I am really getting into this collecting route. Not just to make money anymore the history of it all is exciting and learning about the varieties of the coins man it's exhausting but exciting
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 Posted 12/04/2024  11:11 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
man it's exhausting but exciting
Just remember to breathe!
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2848 Posts
 Posted 12/04/2024  12:47 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list
Nice looking proof set.
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