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 Replies: 12 / Views: 2,020 |
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Valued Member
United States
315 Posts |
Im buying cheap proof sets, and I'm passing over a lot of them because the penny is in bad shape. The cut seems to be around 1974 or so when they started using a felt backing.
Also, some of them are missing the envelope.
Should I avoid these? I guess I should also note that many of these are deeply discounted as well, any year is pretty much $5-8. From the price guide I use, I usually get them at half price or lower. Edited by Superhal
10/26/2013 6:50 pm
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Bedrock of the Community
United States
17884 Posts |
They stopped using envelopes in 1965. The 64 proof set is in an envelope, there were no proofs in 65 - 67 and then since 68 they've come in a paperboard box.
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Valued Member
 United States
315 Posts |
Something else came up, my proof 1972 doesn't have an Ike, but a price guide I'm using says there is one and its 40% silver. My 73 has an Ike, but there is another that is silver. What other sets came out those years?
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Pillar of the Community
United States
1053 Posts |
Proof sets are confusing for me... I stay away fromthem.  |
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Pillar of the Community
United States
5207 Posts |
Unless you are getting any non silver proof sets for less than $1 over face you are paying too much.
Not saying that 50 years from now they will be worth something because in this day and age everyone cracks them apart because no one is willing to buy them for more than face the same way that the late 1970's / early 1980's silver melt wiped out a lot of silver coins.
If you can get a set on the cheap be sure to cherry pick the best non foggy ones you can get.
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Valued Member
United States
405 Posts |
Jack if you can get me a bunch of sets at $1 + face I will buy them from you for $2 + face. that is quite a bit below market value for the sets from the 70's and early 80's. IMHO
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Valued Member
United States
315 Posts |
At the recent coin show I went to, I overheard dealers saying the same . :( its better just to get the face value of the coins.
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Moderator
 United States
188342 Posts |
Quote:
Something else came up, my proof 1972 doesn't have an Ike, but a price guide I'm using says there is one and its 40% silver. My 73 has an Ike, but there is another that is silver. Correct. No clad proof Eisenhower dollars in 1971 and 1972, so they are not in the proof sets. For 1971, 1972, 1973, and 1974, the mint sold 40% silver proof Eisenhower dollars individually in a brown box. They also sold 40% silver uncirculated dollars individually in a blue envelope. Starting in 1973, the began minting a clad proof for the proof sets. For 1976, the the mint sold 40% silver Eisenhower dollars, Kennedy half dollars, and Washington quarters in the Bicentennial three-coin sets (proof and uncirculated). There were no 40% silver Eisenhower dollars for the last two years (1977 and 1978). |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Something else came up, my proof 1972 doesn't have an Ike, but a price guide I'm using says there is one and its 40% silver. My 73 has an Ike, but there is another that is silver. What other sets came out those years? In 1971 they had a mint set, which did not have the Ike dollar in them), a proof set (that did not have the Ike), a 40% silver unc Ike by itself, and a 40% silver proof Ike by itself. This repeated in 1972. In 1973 the Ike dollar was added to the mint set (P and D), and a clad proof Ike was added to the regular proof set as well. 1974 was the same as 1973. In 1975 the Ike in the mint set and clad proof set was a 1976 bicentennnial, the individual 40% silver unc and proof Ikes went away, and they added Unc and proof 40% silver three coin Bicentennial sets. In 1977 all the 40% silver Ikes went away and you only had the regular clad mint and proof sets. |
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Pillar of the Community
United States
624 Posts |
I love collecting proof sets, but will admit freely that the packaging of the sets from the 70's and 80's are ugly and lack any effort to enhance the natural beauty of the coins.
One other thought about proof sets... collecting the sets has made me really long for the days before they started putting political figures on American coinage. I wish that practice would stop immediately and coinage would return to the iconic figures of the past. No offense, but politicians don't exactly lend beauty to American coins.
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Moderator
United States
188342 Posts |
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I wish that practice would stop immediately and coinage would return to the iconic figures of the past. No offense, but politicians don't exactly lend beauty to American coins.  I love my modern coins, the Eisenhower dollar especially, but I do think we need new and non-political designs that can unite our nation. |
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Valued Member
United States
315 Posts |
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Pillar of the Community
United States
8137 Posts |
Any tips from anyone of doing a set of clad proofs from 1968-2008? What is a good price to pay at a coin shop or show?
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Replies: 12 / Views: 2,020 |
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Posted 10/26/2013 6:46 pm
