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Replies: 21 / Views: 4,549 |
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New Member
United States
6 Posts |
Im new to this world and have an opportunity to look through some proof sets and coins tomorrow to purchase. 1968 to 1974 uncirculated mint set. 1975 to 1994 Proof set. I know to look at the 1975 Dimes but what else should I look at. I unfortunately can't buy them all.
Thanks so much for the help.
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Bedrock of the Community
United States
20753 Posts |
I suggest not buying any of those. Proof sets are always going down in value. Mint sets are usually broken open to get the coins for Albums. Just not a lot of people actually saving those.
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Pillar of the Community
 United States
6514 Posts |
...and for what it's worth I've broken open my share of proof sets for albums as well. But I do agree with just carl. They do seem to be loosing their value constantly.
Btw just carl... Congratulations on 20K posts!
Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507
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Bedrock of the Community
 United States
12477 Posts |
The '68-'70 mint sets have a 40% silver Kennedy half in them. Other than that, I can't think of anything of note.
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru 05/03/2021 01:37 am
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Moderator
 United States
188213 Posts |
 to the Community! Your post was moved to the appropriate forum for the proper attention. 
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Pillar of the Community
United States
1613 Posts |
I'll take the other route and suggest buying what you can afford, for as little as you can negotiate. Yes, these have dropped somewhat steadily over the years, however, at some point they will rise simply because of what others mentioned. For every set broken open, and there are thousands sold individually on ebay alone, at some point the original as issued sets will hit low survivor totals. How long is tough to say.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
United States
19947 Posts |
I agree somewhat with others, I'd buy them if the price was right and if I needed some specific coins from the sets. Personally, I don't think they can go much lower than they already are. I'd consider them pretty well already depreciated.
Be sure to inspect each set CLOSELY. The majority of sets have not be properly stored so they corrode over time. I'd also take a close look at the 1970-S proof sets, they are known to tone very nicely and can command a premium if so.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
4692 Posts |
I've been busting out the clad ones from 20xx and spending the coins. Really no numismatic value. The silver ones worth melt.
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Valued Member
United States
128 Posts |
if you just want some of them just to have, maybe grab the bicentennial to have it. Otherwise watch out for oxidation or damage, lots of sets have been hit (if in softer, older packing) or environmental / storage damage. Those have near no value for recent stuff.
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Pillar of the Community
 United States
5772 Posts |
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Moderator
 United States
95740 Posts |
Quote:I'll take the other route and suggest buying what you can afford, for as little as you can negotiate. Yes, these have dropped somewhat steadily over the years, however, at some point they will rise simply because of what others mentioned. For every set broken open, and there are thousands sold individually on ebay alone, at some point the original as issued sets will hit low survivor totals. How long is tough to say. This is where I stand as well. I have been saving Mint sets going back to the Mid '70's. and are up to date so far. I keep them in their OGP and store them. My oldest ones are going up in price a bit now. (My mint sets go back the the early '50's). Lately though I have been buying the sets just to 'break' them out for the Dansco albums I'm assembling.
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New Member
United States
1 Posts |
I get the older "S" ones because they have the Ike dollars in them as well as the JFKs but that is my rationale.
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Bedrock of the Community
United States
17884 Posts |
Mint Set, the 1970 S small date cent. Proof sets 1975 and 1983 no S dimes, 1990 no S cent.
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Pillar of the Community
United States
2271 Posts |
Older mint and proof sets Are pretty hot right now. They have been for a while but no one notices. As an example the coins in the 1974 mint set wholesale for about $11 but the set retails for about $7. This strange situation exists because mint sets are the only source for most moderns and they are running out. Worse is that a lot of the sets are tarnished now and these won't bring any premium at all. Look for nice pristine sets and the DDO '74-D half, the D/D '69 dime, and '70 sm dt cent. Look for any sets that are pristine with no tarnish or haze. If you buy (bought) them then consider cutting them up and soaking the coins in 91% alcohol. These coins just might surprise everyone. Even "common" coins like '74-D quarters do not exist in nearly enough quantity to supply a mass market. The supply is highly limited but the demand is not.
Time don't fly, it bounds and leaps.
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Valued Member
United States
442 Posts |
Price guide on mint sets from PCGS. Although in general I find their price guide 20% over real life. https://www.PCGS.com/prices/detail/.../most-activeSurprised no one has mentions the business strike (not proof) 70 D Kennedy. It was only available in mint sets that year. So album collectors will pay a premium for it. Usually doubles that value of that set from previous ones. Even if their are no varieties in the set. Also last year of the 40% silver Kennedy. I'd grab it if it was the same price as the others. Or maybe even a few bucks more.
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Pillar of the Community
United States
4846 Posts |
I agree with most of the other people here. One thing I want to add is that selling these things is a HUGE pain in the butt. I recently came to acquire 15 or so 80's/90's proof and mint sets, and 8 2000's proof sets for face value. Trying to sell them individually on ebay is basically not an option. Undercutting competition doesn't always result in a fast sale even if it's pristine. Not to mention, undercutting means selling them for maybe 40 cents above face value after fees and shipping! I ended up just breaking up the mint sets and 2000's proof sets and spending them. But I was lucky to find a buyer outside of ebay who took the rest for 2 bucks a piece and paid for the medium flat rate box I had to put them in, because not only are they nearly worthless, they're also super bulky 
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Replies: 21 / Views: 4,549 |