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US Mint Proof And Mint Sets Vs. Coin Albums

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CelticKnot's Avatar
United States
12837 Posts
 Posted 11/12/2015  2:08 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Nice photo, GR58. Clearly you need a bigger table.
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mangulator's Avatar
United States
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 Posted 11/13/2015  02:38 am  Show Profile   Bookmark this reply Add mangulator to your friends list Get a Link to this Reply
Yes GR58 Great looking set. I think we might be related LOL! I too have as many Dasco Albums and do prefer them over other brands.

I only asked the question because I have just as many Whittman Albums also along with Harris, Littleton albums and folders.

My Father and my Uncles are why I have been collecting all my life. I have inherited many albums from them over the years and they all seemed to have prefer Wittman albums and folders. Maybe hey had no other choice back then, I don't know.
I can see no difference in quality between Dansco and Whittman. There is a small difference in cost with Whittman being slightly cheaper.
I have five of the best looking albums I have yet to see and they are the single coin only album offered up from Dansco for the Presidential dollars #7186, check it out.

My complaint about the US MINT and BEP stems from my desire to pass along to each of my Grandchildren complete sets of products. It use to be Mint Sets ad Proof Sets along with Eagle and other Prestige Sets. Now with all the additional coins it's hard to keep up. I have been ordering five sets of each just for my Grandkids, hats not counting my own sets. It seems like every year we have another set added. I read that the ATB can go around twice, I don't think I'll be around to complete the second round. In 2009 the Mint and Prof Sets were the largest ever produced! Then you have these regular issues coming out with reverse proof or west point coins or buried sets. It use to be to fill a set you may have a few variety types and if you really wanted a complete set you had to spend a small fortune for issues with missing mint marks etc. Now the Eagle program is a mess.
The same goes with the BEP. They use to offer some nice premium products, but now if you want something it's a mad scramble and if your lucky you get wha you ordered but you better be fast on the computer. Plus the cost! Example $7.95 for a single $2.00 year note plus shipping!
The same with year sets at the post office. Every year the sets get larger and cost more and more!

Sorry about going off on rant there. It just seems that ever since the State Quarter Program started the government has found a way to make money from making money! LOL!


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mangulator's Avatar
United States
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 Posted 11/13/2015  02:48 am  Show Profile   Bookmark this reply Add mangulator to your friends list Get a Link to this Reply
A quick question. Years ago I got a few wall mount display cases for the State Quarters. I can not seem to find them anymore and am wondering if anyone knows of a place you can still get them from?

I put together a bunch for the kids bedrooms and I even put one together using proof coins for my home office. They are like shadow boxes and the ones I got were wood framed with glass front and a forest green coin mounting board with the names of each state in gold leaf below each hole.

If anyone knows where I can get some I would really appreciate it.

Again Thank You to everyone who has shared their opinions and offered up such great advice. This is a great forum!
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CelticKnot's Avatar
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 Posted 11/13/2015  11:49 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Personally I'm split on Dansco/Whitman. I have plenty of each. I prefer the look of the blue and the font used on the covers over the Whitmans, but I do think the Danscos are a bit better quality. Generally I've been using Whitmans for my "from circulation" collections and Danscos for my "UNC/from sets" collections.

And yes, the sheer volume of products the mint puts out annually makes it impossible for the casual (or even serious) collector to keep up. Pick and choose your products, I suppose. There's an article lamenting this in the August 2015 issue of "COINAge". It states that back in 2006, it would have cost around $26,500 to buy one of everything coin- and bullion-related from the mint. I can only imagine what that's up to in 2015.
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mangulator's Avatar
United States
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 Posted 11/13/2015  8:51 pm  Show Profile   Bookmark this reply Add mangulator to your friends list Get a Link to this Reply
If you think about it, the mint is not only making huge profits from us collectors but we are also being used as banks. Think about it, the mint is selling coins way above face value ad which will never hit circulation. What better way to make a profit and have a savings account at the same time.
US the collector purchases from our own government at above face value currency that is then stored away to never be used in commerce and the government then can pUT this currency on the book's as being in circulation.

If you look at what you get, say with a proof set, is the packaging and the production cost even come close to what we pay. I'm curious as to what the Mint and BEP and USPS Make in profits off its own citizens.

I read a while back that the price jumps were due to a law that passed which allowed each branch to keep their profits verses sending all the proceeds to the general fund. I can see if this is true than why not come up with more products. They turn it into big bussiness that way.
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jbuck's Avatar
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 Posted 11/16/2015  11:28 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
...and the government then can pUT this currency on the book's as being in circulation.
NCLT issues are not on the books as being in circulation.


Quote:
I read a while back that the price jumps were due to a law that passed which allowed each branch to keep their profits verses sending all the proceeds to the general fund.
Only the mint has an actual profit and it is turned over to the general fund.
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