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Proof Set Prices

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United States
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 Posted 09/19/2011  10:19 pm Show Profile   Bookmark this topic Add zazosmom to your friends list Get a Link to this Message Number of Subscribers
My son and I were at an antique mall today that had many dealers selling coins. We noticed a huge variation in the prices of the proof sets. The majority of the sets were priced $3-$5, and others were $12-$15 and upwards from $30. None of them were very old and I didn't recognize any obvious differences such as silver. My son bought a 1972 set for $2.89, a 1987 for $3.99 and a 1976 for $6.49. Seeing such a difference in pricing always makes me nervous about what I'm buying. When I looked at a new 2011 set, it was $31.95...why are the ones we were looking at so inexpensive?

Thanks!
Michelle and Zack
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BadThad's Avatar
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19997 Posts
 Posted 09/19/2011  10:36 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Supply and demand.

The 2011 set is pretty new still and it contains a TON of coins, if you didn't notice.
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southsav's Avatar
2225 Posts
 Posted 09/19/2011  10:43 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
zazosmom

My 2009 Red Book shows the following for these Proof sets, are you sure they are Proof sets, vs Uncirculated sets?
Proof Set Iss Price/Curr Value Unc.Mint Set

1972 S Proof $5/$7
1972P/D/S Uncirculated $3.50/$9
1987 S Proof $11/$8
1987 P/D Uncirculated $7/$9
1976 S Proof $7/$12
1976 P/D $6/$10

The 87 S proof set also came out in a Prestige Set which included the Constitution dollar (Silver).
The 76 S also came out in a 3 piece silver set.

Hope this helps.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 09/19/2011  10:55 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Yeah, that '87 has a cent, nickel, dime, quarter and half. A 2011 has a cent, nickel, dime, 5 quarters, a half, and 5 dollars.
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