Mint Sets - Coin Community Forum

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Author	Replies: 5 / Views: 1,371
Jvandy Valued Member United States 99 Posts	Posted 12/29/2013 2:40 pm I am new to collecting and was wondering what would have more numismatic value, a proof set or uncirculated. Thanks Report this Post to the Staff

stampvirgin Pillar of the Community United States 1247 Posts	Posted 12/29/2013 2:43 pm Proof, though some years didn't have proof sets.. Report this Post to the Staff
Foxwoods Man Pillar of the Community United States 4901 Posts	Posted 12/29/2013 3:38 pm Actually if you are looking for "numismatic value" I would say neither. With the silver proof sets you at least have intrinsic silver value but presently even that is offset by the large premium with new sets. Older sets can be purchased near spot but that is intrinsic not "numismatic value". Of course as an outlier there is the 2012 silver proof set that seems to be doing quite well Edited by Foxwoods Man 12/29/2013 3:46 pm Report this Post to the Staff
babysitr Pillar of the Community United States 1339 Posts	Posted 12/29/2013 4:34 pm Always check your older sets for variety coins,, DDO's ect... Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 12/29/2013 5:23 pm Unless you get EXTREMELY lucky and score a set with an error coin, neither set will grow in value significantly ahead of inflation. They are good if you like sets of uncirculated/proof coins, but they have been a poor "investment" since the 1980s--a set bought for $15 back in the 90s might sell for $25 now, but the dollar is only worth about half as much by comparison. Proof sets are more expensive than mint sets, but I'd define "value" as (Price realized) - (Initial cost), adjusted for inflation. If you are looking for a good "investment", your best bet is to hunt through coin rolls, particularly if you work close to the cash distribution channels. Uncirculated rolls of 2009 coins (especially cents and nickels) will probably see hefty premiums over the next couple decades, and you can make a quick buck on ebay by selling unbroken mint rolls of coins that are known to have errors and/or varieties. Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 12/29/2013 5:43 pm Firstly to the community. Numismatic value and investment value are two different things. Since you asked about numismatic value, that is the question to be answered. Proof is a method of manufacture. Proof coins are pressed with highly polished dies, at a higher pressure and hand fed into the press , stamped twice and hand placed into protective lenses. They are sold at a premium as collector sets. Mint coins are mechanically bulk fed, pressed once and bulk retrieved from a hopper and encased in plastic wrap. Due to the higher quality and labor intensive manufacture the resale value of proofs is greater. To me, numismatic value is , the value of the coin above face. If a mint set penny is worth five cents, four cents is it's numismatic value. If that same cent in proof form is worth 25 cents, then it.s numismatic value is 24 cents. To me, I prefer mint sets, they just seem more like "coins" to me, proofs just seem like " collector rounds " to me. Report this Post to the Staff
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