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Uncirculated Vs Proof Sets

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GO's Avatar
United States
6563 Posts
 Posted 04/20/2007  10:38 pm Show Profile   Check GO's eBay Listings Bookmark this topic Add GO to your friends list Get a Link to this Message Number of Subscribers
Hey Guys

Not sure if this has been asked before.

I see a Lot of uncirculated mint sets getting a higher value then a proof set. Are the demands for proof sets not as great that would warrant a better supply/demand for an uncirculated set?

Thanks!
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chrycopaul's Avatar
Canada
1106 Posts
 Posted 04/21/2007  12:57 am  Show Profile   Bookmark this reply Add chrycopaul to your friends list Get a Link to this Reply
It is much harder to get a higher quality coin from an uncirculated set than it is from a proof set. Proof coins are intentionally struck and handled for optimal appearance, where uncirculated coins are not held up to those kinds of standards and are therefore harder to come by in the upper grades.
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Metalman's Avatar
United States
7123 Posts
 Posted 04/21/2007  03:31 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I agree with chrycopaul some of it has to do with the individual coins from mint sets ,, but there are also other variables in the pricing of some mint sets ,, and that is actual production numbers ,, less supply = more demand=higher prices .

Metalman
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United States
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 Posted 04/21/2007  10:24 am  Show Profile   Bookmark this reply Add texasmick to your friends list Get a Link to this Reply
Another factor for certain mint sets is that there are twice as many coins.
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littleboy's Avatar
United States
764 Posts
 Posted 04/21/2007  7:22 pm  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
since 2005, uncirculated mint set coins are made differently than regular business strikes. they're struck with more pressure and have a noticable frosted appearance.
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Conder101's Avatar
United States
17884 Posts
 Posted 04/22/2007  04:01 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
I see a Lot of uncirculated mint sets getting a higher value then a proof set. Are the demands for proof sets not as great that would warrant a better supply/demand for an uncirculated set?

You have it backwards. the proof sets tend to be much more popular, so more of them get ordered when they come out. Then later when people start looking for the mint sets in order to get quality P and D coins they find that the sets are scarcer and they have to pay more money in order to acquire them.
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djluster's Avatar
United States
1327 Posts
 Posted 04/22/2007  11:59 pm  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I think the main reason is that alot of people break them up to make sets. I know last week I was in the coin shop and that was what the dealer was doing. he had a guy who wanted a set of UNC Kennedy half dollars so he was going through and cutting them out of the mint sets. He said it was easyer for him to find them that way and plus the buyer know they are UNC. I have done that a few times as well. So I think the value might go up even high in the next 10 year as more collector break up sets.
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