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Will The Value Of Mint And Proof Sets Rise In The Future?

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scott3270's Avatar
United States
1116 Posts
 Posted 04/23/2008  11:10 pm Show Profile   Bookmark this topic Add scott3270 to your friends list Get a Link to this Message Number of Subscribers
mint and proof sets are being broken up by the millions for there singles and I must admit even I have thought about doing it to the sets I own. my question is do you think the value of these complete mint and proof sets will rise in the future do to them all being broken up or will the prices stay low like they have been for years
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ratio411's Avatar
United States
1208 Posts
 Posted 04/23/2008  11:18 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
The answer varies from year to year, and exactly
which set... Silver proof, clad proof, mint, etc...

The sets that will shoot up in value are sets that
weren't kept in large numbers. 1999 silver proof, for
example. It just wasn't advertised well enough.
None of the new collectors, or even collectors to be,
at that time knew to grab one.

Now there are far more collectors than in 99,
and they all will be looking for a 99 to complete
their collection. Add the low sales to folks breaking
them apart, and you've got a winner... Assuming that
you bought before they became a winner!

You just have to study those years that you have and
decide which years have single coins in them that
are likely to cause a shortage of complete sets.
An example of a single coin causing a set shortage
is the 70D half. The set would be cheap as dirt if
it wasn't for that coin.
Valued Member
United States
177 Posts
 Posted 04/24/2008  12:26 am  Show Profile   Bookmark this reply Add BobK to your friends list Get a Link to this Reply
Personally I don't think the proof and mint sets from the 70's and 80's will be gaining much of anything in price, at least not for a very long time.

How many people really collect mint sets, as opposed to just buying them as an easy and fairly inexpensive way to fill holes in their albums?

Ratio11 makes a fair point on the 1970 mint set; if you want a 1970D half for your Kennedy collection, it has to come from a mint set. But by the same token, the only way to get the 1987P and D halves for the same collection are from 1987 mint sets. And those are selling today for the same price the Mint issued them at.
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GO's Avatar
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6563 Posts
 Posted 04/24/2008  12:31 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
There is no way to record how many actual intact proof/mint sets are left. The demand might go up slightly but the prices I think will stay relatively the same over the next decade
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/24/2008  09:52 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
People can look and see what the 1999 Silver Proof Set "issue price" cost, compared to what it's worth now (actually has gone down).....and so it's natural to want to buy "all future" and "past" Silver Proof Sets and others so that they might be lucky and have one "shoot up" in value........Well....the State Quarter Series was a moderate phenomenon with good timing.....the "boon" of new collectors was exploding around the country during this series and likely "because" of it.....so.......although one couldn't say that it wouldn't happen again, but ......not too likely very soon IMHO.
Even once they bring the traditional Washington quarter back, post the 50 St. Series, perhaps even with a new design.....I doubt there will be the prices for that Silver Proof Set compared to the 1999 one.......don't get me wrong, it will be very collectable.......just not such a "hike" in value 5 years after it comes out.....possible though I guess.
Broken sets of old or new, won't change what the premium will attain for the "intact" one that someone holds though, regardless, in my opinion either......(and as mentioned, that's an unknowable number "out there" anyway)
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Hollywood's Avatar
United States
1228 Posts
 Posted 04/24/2008  4:50 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
The 1999 silver pr State Quarters rock and will go up in value after august 28th 2008 when the last set comes out
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cladking's Avatar
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2271 Posts
 Posted 04/24/2008  4:53 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Don't buy ANY coin because it might go up.

But I really believe the mint and proof sets will be at far higher prices in the future and this applies especially to mint sets and more especially to gem mint sets. In the long run the demand for the coins in the sets is simply going to exceed their supply. This supply is so pitiful that even a modest increase in demand will wipe out the entire available supply.

Every year the number of these being made available on the market is shrinking. The original owners are getting quite advanced in age and fewer survive. Sets like the '68 were mostly bought by 30 to 55 year olds and these folks are all at least 70 now. Most of the sets this group has already sold has been cut up and the coins put in circulation.

There are no rolls of something like a '69 quarter so this leaves only the mint set and only about one mint set coin in eight of this date is nice. Most have severe problems.

Here's a survival estimate from another site;

It won't allow the link so here's the whole post. It's from August of '05 so numbers would be lower now.

Date.......Mintage.............................Surviving

1965... 2,360,000..............................450,000
1966 .. 2,261,583..............................600,000
1967 ...1,863,344..............................700,000
1968 ...1,980,000..............................350,000
DDO......55,000..................................5,000
1969... 1,727,000..............................300,000
D/D......90,000.................................12,000
1970... 1,838,000...............................500,000
Sm Dt.....200,000...............................60,000
1971... 2,193,396................................350,000
1972... 2,750,000...............................500,000
1973,,,,1,767,691...............................400,000
1974....1,955,981...............................550,000
DDO.......20,000..................................4,000
1975....1,921,488................................650,000
1976... 1,892,513................................600,000
1976....4,758,319(3pc-reg)....................2,000,000
1976.......150,000(3pc-high speed)..............70,000
1977....2,006,869................................ 450,000
1978....2,162,609.................................500,000
1979... 2,526,000..............................1,000,000
1980... 2,815,066..............................1,200,000
1981... 2,893,145.................................900,000
type "d".....16,000................................5,000
'82-P(souv)10,000....................................3,500
'82-D(souv)20,000....................................8,000
'83-P(souv)15,000....................................3,000
'83-D(souv)20,000..................................10,000
1984... 1,832,857..................................850,000
1985....1,711,000..................................800,000
1986... 1,153,536..................................500,000
1987... 2,890,758...............................1,600,000
1988... 1,646,204..................................900,000
RR 50c.....12,000..................................8,500
1989....1,987,915................................1,000,000
1990... 1,809,184................................1,000,000
1991... 1,352,101..................................700,000
1992....1,500,143................................1,000,000
1993... 1,297,431...................................800,000
1994....1,234,813...................................900,000
1995... 1,038,787...................................750,000
1996... 1,457,949...................................600,000
1997...... 950,473..................................650,000
1998....1,187,325...................................800,000

Surviving numbers are guesses and estimates of variety set mintages should be close.

Many of these surviving sets are in collections but the bulk are still owned by the original purchasers or were bought as speculation many years ago or more recently. The absolute quantities aren't as important as the relative quantities.

Some of the coins from the destroyed sets still exist in collections raw or in slabs, but large percentages have been put into circulation. These numbers are substantial, but it should be remembered that large percentages of the coins in these sets are very unattractive and will not even be considered BU. Choice and gem coins can be scarce and in many cases there is virtually no other supply than these sets.
Time don't fly, it bounds and leaps.
Edited by cladking
04/24/2008 8:38 pm
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cladking's Avatar
United States
2271 Posts
 Posted 04/24/2008  8:28 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Here's a Coin World article you might find interesting as well;

http://www.coinworld.com/news/022706/BW_0227.asp
Time don't fly, it bounds and leaps.
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cladking's Avatar
United States
2271 Posts
 Posted 04/24/2008  8:31 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
//Deleted&
Time don't fly, it bounds and leaps.
Edited by cladking
04/24/2008 8:38 pm
Bedrock of the Community
United States
20753 Posts
 Posted 04/25/2008  11:37 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Part of your question is missing. Exactly what do you mean by future? 10 years, 20, 50 or a few hundred? If anyone knew the answer to your question there would either be a run of those or no interest at all. As to how many will be left of any particular year, again no one really knows. I break open about 5 or more proof sets a year myself for albums. At coin shows I see many books of 2x2's with all proofs or all years. Really tuff question.
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