Proof Set Or Mint Set?

Looks like a typical 1961 proof set from that era. A pinkish info slip came with each set. Both were packaged together in a tan envelop. The tan envelop had the return address for the Treasury in the upper left corner. The year of the proof set was usually in the lower left corner.

Your set looks nice and original! Enjoy it in its original form! Many of these sets have been cut up for slabbing, sold off for silver melt or just plain destroyed the last 60 years!

BTW....The original cost from the Treasury was $2.10 which included the shipping!

Thank you all for your help on this, I just thought all proof coins came from san francisco. The nickel has a deep toning to it, would it just be oxidizing?

This is a proof set, it even says on the COA. Mint sets never came in this packaging.

San Francisco started making S-mint proof sets with the 1968 issue.

The last Philadelphia sets were dated 1964.

No proof sets were issued in 1965, 1966 or 1967. We were blessed with what were called Special Mint Sets (SMS) in those years. They are kind of a cross between mint and proof coins. Some coins in some of those sets actually look "proof".

Not really. Not sure what the latest value on these sets are, but to just keep up with inflation (the official version not real world) they would have to be $12. So in constant dollar terms they really haven't appreciated much at all.

I know that is what you meant. If you had bought 100 sets you would have spent $210. In order to break even at the official rate of inflation you would need to receive roughly $1,200. What are dealers paying for scrap silver? If it is 13X you will get $11.05 per set or $1,105 dollars. If you can get another $100 for all the proof cents and nickels you get $1,205 total. Congratulations your "investment" broke even. Of course if dealers are paying less than 13X you've lost money in terms of actual purchasing power.

I don't consider breaking even after almost 60 years of "growth" to be a great investment.