How To Liquidate Large Volume Of Proof Sets

You should be able to get 10 % back of Greysheet
at any reputable dealer or wholesaler
Maybe even a touch better for retail fresh sets.
Envelope with no ink or pencil , card, insert ,
no spotted or toned coins .

Did you consider selling them here at ccf or is that too much work

Have you tried contacting them? If you're looking to maximize your return in the process, most of the above suggest dealers/sellers who would need to get them cheap enough to make a profit. I think you are targeting a collector, correct?

Most people still hate modern coins and even more hate modern NCLT issues. I've seen dealers who paid half of bid back when bid was only 50% over face value!!! In the old days they'd resell them to anyone offering bid or ship them for 10% over.

Now days modern mint and proof sets have a solid demand and most of the sets are gone now. It is difficult to assemble very many sets because there are so few left. Yes, proof sets still exist in significant numbers but not like they used to be when there was little demand and three million of each date.

Now days prices have soared on the mint sets and firmed on the proof sets. These are popular sellers and many are being sold at retail prices and even higher. There are buyers everywhere offering 10 to 20% over bid especially on the older sets.

Singles are in high demand.

The oldest sets are a little more difficult to sell but their prices have gone up substantially. The reason they are hard to sell is many sets are tarnished or otherwise skunked and nobody wants these. This suppressed the bid price. If they are nice sets they are easily sold at a nice premium to market.

These markets have changed a great deal in the last couple years. It used to be you could cut up a $6 mint set purchased retail and sell the parts for $12 wholesale!! But these days are gone. Now the set is $12 and most of the coins are so ugly they can't even be wholesaled.

I would keep my eye on them because the demand keeps growing and the sets are gone. The coins that were in them are gone as well because this is a consumer society. Even many of the sets being retailed today are being consumed by the general public because most collectors hate moderns.

Well I've listed the 2005 and 2006 sets here at ccf in lots of 20 at prices lower than anywhere else I found online.

I used to be able to go to any of the larger coin shop and sit for hours going through hundreds and hundreds of mint sets. One dealer had nearly 500 1970 mint sets and hadn't pulled out even the sm dts. I left most of them because sets were about $20 at the time and I was looking for 25c Gems and PL half dollars. I couldn't afford to buy many. He'd have sold them at bid as they came but I made sure that every set was correct and had a nice fresh envelope so I took sets with no envelopes or ratty ones at ask. I think I got the better end of the deal.

One time I walked into a shop just as a guy was finishing cutting about 800 1970 mint sets. He pulled all the half dollars and almost all of the sm dts and he let me take all the rest at face value.

I've seen dumpsters full of mint and proof set packaging and sets being unloaded from large trucks with fork lifts.

But now days nobody has this kind of stock. Even the wholesalers don't keep the kind of stock they used to and the demand for sets and singles just keeps increasing slowly every single year. Wholesalers are beginning to make stronger offers for BU rolls because these have always been tough.

Incidentally I'm working on Gem one cent coins I acquired between about 1992 and 2000 right now. These have been very well stored in safety deposit boxes and I'm going to try to get the tarnished ones cleaned up (~30%) and pull out a few that might grade ultra high for sale. The rest will go right back in the box. Most people would be very surprised by the miniscule percentage that grade highly enough to be worth the grading costs. I believe someday, perhaps long after I'm gone, Gems will be seen as the best deal in numismatic history. Less than 2% of mint set coins were Gem and most are gone now. They are widely available enough to collect but tough enough to be a challenge. It simply wouldn't require much demand to eliminate the supply and push prices sharply higher.

I'm seeing more and more anomalous prices in these markets and have been selling into strength. I'd much rather be buying in these markets but it's time to sell. I'm sure there are a lot of frustrated buyers out there.

Really?!

I doubt if the shops around here get more than a few hundred per year and most of these are post-96. I don't see the kind of numbers there used to be. The biggest buyer around here used to get over a thousand per year of the pre-'96 sets and the majority of these were shipped to the big wholesalers. Of course hundreds and hundreds were cut up and put in the cash register during periods of low prices. It is not at all unusual to walk into a coin shop and see a dealer cutting up sets or to get change from a transaction and seeing mint set coins in the change.

They made millions of these sets and none are rare, obviously but the point is that most are gone and are never coming back. This is very important because so many of the coins in the sets now are ruined by the plastizer and many were very poorly made to start with.

If most of the sets are gone and most of the survivors are ruined then where are the 2% of mintage Gems?

Of course most collectors hate clad but this isn't the point. the point is a new generation of collectors is coming around who have much less reason to hate clad coins. Most new collectors can't understand why one cent and five cent collections stop at 1964. There were no changes to these coins but collectors went from saving millions every year to saving very few because there was no demand. The mint wanted people to stop collecting new coins and they succeeded.

Old mint and proof sets are getting much harder to find but the demand is still quite small. Prices have increased substantially on mint sets and are firmer for proofs. Getting 90 to 110% of bid is not very difficult and choice sets can do better. Proof clad Ikes now wholesale for 25% more than the entire set went for just several years ago.

I'm sure there are still plenty of dealers paying 90% of face for sets but they are hardly "market makers". And relatively few are still busting up sets for the cash register.