United States Mint Opens Sales For 2015 March Of Dimes Special Silver Set On May 4

Again, opinion has zip to do with the value if someone eagerly pays for it...it is not "perceived" or false but a fact. Value or worth has ALWAYS been defined as what someone would pay for a product.

This is not a quick flip issue...these coins (and others from sets) have held these prices for years. It is real and not an opinion. I have been buying them from the Mint, having them graded, and selling them for years.

A painting by Paul Gauguin recently sold for $300 MILLION..stupid money....is it worth it? My opinion is "no way" but obviously someone disagrees....

You're missing my point. I understand that they are paying extra for these special labels. It's just my opinion that they "value" they receive for what they pay and have to give up (being able to look at their coins before deciding which ones to send in) is very poor. The definition of value is "the regard that something is held to deserve; the importance, worth, or usefulness of something." Therefore, demonstrating that something has value goes beyond simple showing that someone will pay more for it.

For an example of what I'm talking about, watch the coin show on Home Shopping Network. They sell most coins for about three times what they can be purchased for on ebay. Therefore, I think the coins purchased on HSN represent a poor value based on what people pay there. Based on the logic you propose, they're worth the price paid simply because someone pays it. Perhaps to them, but not to me. They'll find out for sure when they try to sell their HSN coin purchases.

With these sets (or any where the individual coins are removable from the packaging) you have to send them in the unopened original box from the mint. So, you're not able to look at them prior to sending them in. If the package itself sealed the coins in, like a Coinage and Currency Set or a proof set, you could look at them first. Not with these. There could be a rat turn on a coin and you wouldn't know it until you received it back from the 3rd party grading service.

I'm not going to get into whether labels should or do add any long-term value to a coin. I just want to point out how cheesed off I am to discover that I have to wait until August to get my sets because I wasn't able to place my order in the first hour...

(The following quote refers to the 1885-CC Morgan dollars)




The original mint packaging was cloth bags of 1000 coins, and they stayed that way for close to eighty years before they pulled them out and had the GSA slab and sell them beginning in 1964.

This makes me wonder what is really more valuable: uncirculated 1885-CC Morgans or AU-55 1885-CC Morgans? There are evidently way more UNC's than AU's (taking a guess, there might be 225-thousand UNC's and maybe a couple dozen AU's left).

Also, with all the non-69/70 MoD sets being sent back to the Mint to be melted and used for next years coinage, will the rarity of lower grade (MS64/65) sets raise them in price over the higher grades? I didn't get my order in until about 25 minutes after it opened up, and may not get any since I heard that the Mint will send sets minted later this year to all the people who returned the earlier sets.

I know I'm going to get some of you mad, but I wish the Mint would send future strikes to those you have already placed an order first, and let those who aren't happy with the ones they already got get in the back of the line if they want more.

So do returned sets get shipped to the next customer on the list or do they take 75,000 orders and anything returned gets melted and the final mintage may only be 70,000?

When I return coins to the mint, I always include a note as to exactly what's wrong. I do this in the hope that they won't recycle it on a fellow collector and in the hope that it will somehow help them improve their QC.