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A Neat Silver Proof Set From Samoa 1974

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Pillar of the Community

Australia
3831 Posts
 Posted 08/29/2013  1:23 pm Show Profile   Bookmark this topic Add gxseries to your friends list Get a Link to this Message Number of Subscribers
Won this silver mint set recently. All these coins were struck in silver proof. I think this was sold slightly more than melt, if not less - haven't looked up what the total weight of silver in this set. Neverthless, found this set very beautiful.

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

A-Neat-Silver-Proof-Set-From-Samoa-1974

My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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serial's Avatar
Australia
539 Posts
 Posted 08/29/2013  7:57 pm  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
nice set, ASW is just a tiny amount over 3 oz's
I look for these myself as they commonly sell for melt of less so they are a good cheap source of silver
and they look good!
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/29/2013  11:38 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
When it comes to pricing I think that quite often, Krause is little better than a random number generator.
Unfortunately for this issue, they got it right!

I remember when they were first issued through the coin dealers. With less than 6,000 sets made, they looked like being very good value for money, especially in off metal sterling silver proof for all coins. They are all very nicely struck.

Alas, the aftermarket has always ignored them, and I have no reason why that would be.
They will always seem to be a very good value buy, but don't expect to make a profit out of them, even in the long term.
Edited by sel_69l
08/29/2013 11:51 pm
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serial's Avatar
Australia
539 Posts
 Posted 08/30/2013  01:50 am  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
great way to stack silver however!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 08/30/2013  03:55 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Certainly a great way to stack silver. Nevertheless, those off metal sterling silver definitive coins have high numismatic interest as well, and it would be a shame to break this set up.
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serial's Avatar
Australia
539 Posts
 Posted 08/30/2013  05:07 am  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
the 1st thing I do when I get them is take then apart and put them in sealed mylar sleeves or 2x2's as the original packaging causes them to tone green after a while.
remember they are a franklin mint product
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sel_69l's Avatar
Australia
21786 Posts
 Posted 08/30/2013  09:00 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Actually, I was under the impression that this set was struck at the Royal Australian Mint.
The technical finish of these reminds me of work by the RAM, but the packaging doesn't.
Can anyone provide more evidence, either way, in this regard?
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serial's Avatar
Australia
539 Posts
 Posted 08/31/2013  04:07 am  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
I believe that franklin mint did there coins until 2011 when RAM took over
http://www.radioaustralia.net.au/in...round/214646
this is a news story about ram taking the contract on
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serial's Avatar
Australia
539 Posts
 Posted 08/31/2013  04:13 am  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
sorry it would appear it was the Singapore mint in 1974
http://www.singaporemint.com/abt_co...te_1970s.php
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Princetane's Avatar
4628 Posts
 Posted 04/01/2021  06:41 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
I just bought one of these sets at the markdown price of $95 NZ and it is stunning.
Coins in perfect shape and still packaging after 47 years. The case is flawless no rust or usual toning you expect on 1970s era material.

A-Neat-Silver-Proof-Set-From-Samoa-1974

Normally I would liberate the coins, but are so happy with their state, what do you guys think?

A-Neat-Silver-Proof-Set-From-Samoa-1974

Close up of the Tala and 50 sene

A-Neat-Silver-Proof-Set-From-Samoa-1974

The set was issued as in 1974 Western Samoa changed their coin designs from shields and words (10 sene and up) and stars and numbers (smaller coins).

The main coins were in base metals, with again the Tala not being a circulating coin (The $1 tala circulating coin came out in 1984 in heptagonal brass).

Like other silver proofs, these coins have the same dimensions and size as base metal but weigh a bit more given the density of silver.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/02/2021  08:09 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Better left where they are.

Keep these coins in their sealed clear flexible packaging.
Nevertheless, somewhat surprising that are still free from toning, because I believe the sealed packaging for these is soft PVC, which hasn't been recommended for long term storage of proof coins for the last 40 years.

Problem is that if they were taken out of the clear sealed packaging, they would then be subject to (perhaps unsightly?) toning due to air exposure and maybe microscopic contaminants that may have found their way into the box over the last 47 years.
Somewhat of a pity that the recesses in the box cannot used for the coins, because the packaging gets in the way.
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jbuck's Avatar
United States
187862 Posts
 Posted 04/02/2021  11:10 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Missed out on this the first time. Lovely looking sets.
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Princetane's Avatar
4628 Posts
 Posted 04/03/2021  12:58 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Thanks sel_69, I am shocked too, how fresh the packaging and the case look.
Even the cardboard box looks nice.

I suspect if these are Singapore mint, they are higher quality than The Royal Mint, Australian and Franklin Mint stuff of the 70s and the plastic is rigid, not soft, suggesting it may be an early type of Mylar or at least a semi hard shell material.

I am loathe to remove these coins if at all, as Auckland is humid and they will blacken in no time and like you said, they were chemically sealed decades ago and a modern thermoshock could have a bad effect on them.
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