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Anyone Collect Proof Sets?

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Valued Member
United States
381 Posts
 Posted 09/15/2012  6:01 pm  Show Profile   Bookmark this reply Add Murphy to your friends list
PWinDavis,

I just received a 1976 Proof Set from my Brother for my BD. I don't ever break open sets. Either mint or proof. My Brother on the other hand breaks open sets and even slabbed coins. I can see it from his perspective. He has older coins, all the coins in my sets I can get loose.

I have thought about collecting Mint and Proof Sets. I have my Birth year (1961) and from 2010 to current in proof. I also have 1986, 1987, and 2010 to current in mint sets. I think I'll attempt to pick up the clad ones in lots and wait for the price of silver to drop before getting anything pre 1970.
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United States
10038 Posts
 Posted 09/15/2012  6:15 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

Quote:
You can't go wrong with a subscription to the US mint for Proof sets.

I am not sure I totally agree with this. I used to get them in the 70s and early 80s. They are worth less today than what was spent on them. I once thought the modern silver sets would be good to subscribe to. And I always buy one to save and one to (hopefully) sell at a future date to help pay for the one I keep. But after holding a few for a couple years, the modern sets either lost or stagnated in price. So I cancelled my subscription. If I am patient, I can have the same proof set for cheaper a year or two after they are issued. And I also save money buying at a show or coin shop b/c I don't need to pay shipping costs the mint charges. Now if silver does another spike and stays there, I might actually have a few modern sets that I might be able to say I got a slight profit on. After a few years of it, I am also thinking of canceling my Proof Eagle subscription. I am not sure the price I pay (and shipping!) is not more expensive in the long run.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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Costly TPG ineptitude and No FG Kennedy halves
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Valued Member
United States
349 Posts
 Posted 09/17/2012  11:13 am  Show Profile   Bookmark this reply Add Weezer1878 to your friends list
I picked up a 1960, 61 and 62, all three capital lucite, from my coin dealer this weekend. Pretty excited I found the consecutive years. I picked them up cheap, too.
Edited by Weezer1878
09/17/2012 11:29 am
Valued Member
United States
194 Posts
 Posted 09/17/2012  12:13 pm  Show Profile   Bookmark this reply Add Clint to your friends list
The only times I think I'd break open is if one or more coins were worthy of sending to a TPG (hasn't happened to me yet), and if there was a problem with the packaging (only happened once). Otherwise I leave 'em alone!

ETA: that's re: OGP. For Capital lucite, I usually switch them to Whitman set holders, then slip into ziplock bags. The Capitals I've gotten are usually really scratched up, and have unsightly toning/spotting.
Edited by Clint
09/17/2012 12:16 pm
Valued Member
United States
349 Posts
 Posted 09/17/2012  12:25 pm  Show Profile   Bookmark this reply Add Weezer1878 to your friends list
Yes, I noticed that a couple of the coins are rattling around in the lucite holders and a couple have toning and some spots. I was thinking of cracking them open to save them from further damage.
Valued Member
United States
86 Posts
 Posted 09/17/2012  12:29 pm  Show Profile   Bookmark this reply Add PWinDavis to your friends list

Quote:
, all the coins in my sets I can get loose.


Thanks, that's just what I did. I started looking for the individual coins. I'm keeping the set the way it is.
Pillar of the Community
979 Posts
 Posted 09/17/2012  12:52 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list
i only have the 1987 proof set 3 of them and I paid $12 for all of them as the guy wanted the same amount that he could get on ebay. he bought them new in 1987 because a friend convinced him they would go up in value.
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United States
12839 Posts
 Posted 09/17/2012  2:02 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I started collecting the annual sets (mint, proof, silver proof) in the late 90's, so I have a fair number. A loooooong way to go though. And storage becomes quite the issue as the OGP takes up a lot of room.
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United States
14454 Posts
 Posted 09/17/2012  5:46 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I have a collection from 1939-2012 that I have been adding to from my Grandfathers collection for the past 5 years or so. I was planning on buying the first 3 years of production to add to the set but haven't gotten around to it as of yet
New Member
United States
18 Posts
 Posted 09/17/2012  8:41 pm  Show Profile   Bookmark this reply Add John D to your friends list
I've purchased directly from the US Mint the Silver Proof Sets for each of my 3 oldest kids in the years they were born (2005, 2007, 2009).

I also recently picked up the 2010 & 2012 Silver Proof Sets for our soon-to-be daughter. We are adopting a little girl who was born in 2010, and the adoption should be finalized within a couple of months in 2012 and we can take her home (is there a little "knock-on-wood" icon here? - nevermind, I just did)

I will be giving these sets to each of my kids when they're old/responsible enough to have them.

I have also have been getting the Silver Eagle each birth year for myself.

-John
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United States
3546 Posts
 Posted 09/18/2012  01:26 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list
Hello,

Generally, I do not collect proof sets unless they are silver or are rare like this lucky SBA 'clear S' find that I scooped up at a yard sale for about $ 15:

https://goccf.com/t/116630

This one is also special to me from fact that this was one of the last CCF threads that one of my now-deceased CCF friends, biggfredd, weighed in on with his expertise.

I hope everyone finds this thread useful in their search for rare proof sets valued much more than the average ones.

mdpmedia
Pillar of the Community
United States
5615 Posts
 Posted 09/20/2012  11:38 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list
I too collect ALL Mint sets and proof sets and silver sets.
I have ALWAYS been an original package lover, I enjoy the sets in their beauty. I have all the mint/proof sets from 1952 to date, I really love the mint sets which came on boards of cardboard and there are 3 one for each mint, IF that mint made coinage that year. I have many multiples of many years too, one is NOT enough, some are nicer than others and well, are just there for me to collect.

Bryan, Your Grandfather must of had some collection,I wish I had a family member who collected prior to my starting my first 1941 to date Whitman Cent blue book back in 1963, ( .23 cents )!!! I hope to complete my collection of these sets, IF I can, I also have 20-30 of the SMS and while I would not crack any open, I see some wonderfully frosted cameo's in the bunch that while they have a value in $$$$$, looking at them is PRICELESS.......
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Australia
21788 Posts
 Posted 09/21/2012  01:48 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I do have a few proof coins, but nearly all of them are before about 1960, when Mints around began to market them to collectors and make big profits from their sale.

My problem is that proofs before about 1960 can be very pricey.
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United States
870 Posts
 Posted 09/26/2012  12:54 am  Show Profile   Bookmark this reply Add MartiVltori to your friends list
I'm building a modern type set from 1999 forward using proof sets. And of course liberating them from their packaging. :)
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United States
188770 Posts
 Posted 09/26/2012  2:16 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
And of course liberating them from their packaging.
Well done.
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