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Bicentennial Silver Proof Set: Was It An OK Buy?

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Stutzman108's Avatar
United States
140 Posts
 Posted 02/17/2012  4:48 pm Show Profile   Bookmark this topic Add Stutzman108 to your friends list Get a Link to this Message Number of Subscribers
I picked up a Bicentennial Silver Proof set from a new coin shop I found today, and I just want to know if I got "stiffed" in the deal or not. I had no clue it was only 40% silver until I looked at the letter (the lady told me it was 90% when I asked ) I paid $24.50 for it and it came with a certification letter. I'm seeing various prices on E-bay, too various to determine for myself. I mean don't get me wrong, value is not the reason why I bought it, I just need to know if the price was set right so I can feel better about the buy.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 02/17/2012  5:11 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
The silver bicentennial 3-coin set lists at $29 on numismedia.
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hermanwilliams's Avatar
United States
309 Posts
 Posted 02/17/2012  5:22 pm  Show Profile   Bookmark this reply Add hermanwilliams to your friends list Get a Link to this Reply
I think it depends on the overall condition of the coins. Generally these coins in MS go for a little cheaper. If they were just amazing beauties then that may not be too high of a price.
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cc99999's Avatar
United States
1302 Posts
 Posted 02/17/2012  5:33 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
if you know what you are looking for and find that you picked up MS-67 or above coins- then it's a great deal. Otherwise it's a 20-30 dollar item.
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DM1975's Avatar
United States
284 Posts
 Posted 02/17/2012  9:07 pm  Show Profile   Bookmark this reply Add DM1975 to your friends list Get a Link to this Reply
Yes, that is a fair price for the proof set from what I have seen. They are encapsulated still correct? Did you get the small blue cardboard folder that holds them with it as well?
Valued Member
Stutzman108's Avatar
United States
140 Posts
 Posted 02/17/2012  10:33 pm  Show Profile   Bookmark this reply Add Stutzman108 to your friends list Get a Link to this Reply
Yes everything is the way it was when it came from the mint. I got the folder, the coins still sealed in their capsules which are attached to blue velvet holder (nobody has removed them from what I can tell, they are still firmly in place), and a nice little Certificate of Authenticity. The grade of the set appears to be right at MS 66, maybe a 67 or higher (I can see no major flaws that would say otherwise, such as nicks or dings on the coins) but then again I'm no grading expert. Overall the look of the set is very appealing, hence the reason I bought it for my collection I wish I could provide a photo somehow... it would help tremendously.
Edited by Stutzman108
02/17/2012 10:35 pm
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M0nks's Avatar
United States
1770 Posts
 Posted 02/21/2012  6:54 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
thats not a bad buy at all as long as your happy as well then thats all that matters
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wquinn's Avatar
United States
2295 Posts
 Posted 02/22/2012  09:35 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
The NN edition from 2-28-12, in their price guide on page 29, lists the proof set value at $24.50.

I looked on ebay at completed sales and most sold for around $20-$25 (including shipping).

I think you got a decent deal.
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spaceace's Avatar
United States
797 Posts
 Posted 02/22/2012  09:45 am  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
I think that is a reasonable price for that set. It seems to sell for around $23-25 at coins shops around here. It can go from $16-25 on ebay.
New Member
charlesjcoin's Avatar
United States
23 Posts
 Posted 02/22/2012  10:40 am  Show Profile   Bookmark this reply Add charlesjcoin to your friends list Get a Link to this Reply
You did not get ripped off at all. In fact if you happen to have a set that is in a high grade you probably got a deal.
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