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 Replies: 15 / Views: 1,615 |
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New Member
United States
3 Posts |
Hello All, Hoping you can point me in the right direction. So I'm curious to hear what other collectors would do. I recently inherited my grandfathers coin collection, containing a few proof sets from 1975, 1979, 1980, and 1981. I've been doing a lot of research on the sets themselves to learn more about them but I'm a little overwhelmed with all the different coin information, dos and don'ts, likes and dislikes within the Coin World. I am fascinated by late my grandfathers hobbies and seem to take up an interest in them as I discover them, coin collecting being the latest. At the moment, I decided to start off small, attempting to collect the remaining Lincoln Cents left from his Whitman Lincoln Cent Coin Folder starting in 1941 (9030). I have about 20 left to complete the folder. Then I plan on moving onto the other folder containing Cents from 1909 to 1940. As far as the proofs go, what would you do? Leave them as is in their original box and packaging and display them somewhere as a memento? Send them in for grading? Wait another 40 years and ask the forum again? I came across a YouTube video explaining the different types of sets and discovered the 1981 set is type 2 with the clear S on all the coins. Don't know much beyond that. I do know that I won't be cleaning them up at all &  So what are your thoughts? Any tips or pointers? Anything you can recommend that would better introduce me to the hobby? I'm curious to hear what got others into collecting and what they enjoy about it most. Thanks!      Edited by CoinNoobie
03/13/2024 11:25 pm
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Pillar of the Community
United States
2003 Posts |
Look at the S mintmarks very closely on the '79 and '81 sets. The type II clear s carries a premium. Can you give us closeups of the MMs so we may identify.
Edited by MisterT
03/14/2024 12:30 am
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New Member
 United States
3 Posts |
Hi @MisterT, Thanks for your time and input, I appreciate it. Here are some close ups of the mint marks. Seems like a mixed bag on the 79 sets, where the penny and dime have the clear S, and the others appear to be blobs. The S on the 81s appear to be uniform (or at least more uniform compared to the 79s) across all coins. However the marks on the Half Dollar and Dime look a little strange to me compared to the others in the set. Let me know what you think? 79 Half Dollar  79 Dollar  79 Quarter  79 Nickel  79 Penny  79 Dime  81 Penny  81 Nickel  81 Dime  81 Quarter  81 Half Dollar  81 Dollar  Edited by CoinNoobie
03/14/2024 01:52 am
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Moderator
 United States
56855 Posts |
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Pillar of the Community
United States
2003 Posts |
The 1980 proof set is nothing special. It appears as though the '79 cent and dime are the clear S type II variety but the rest of the '79 coins are filled S type I. The good news is that the '81 set appears to have the clear S type II on all of the coins. Some sites give a value to this set in the $300 range, but the market value on ebay is well under that. Of course some of the ebay listings are misrepresented as type II because people don't really understand the difference. You have to be vigilant and see closeups of the MMs on some listings. That said, I would keep the '81 set intact for a while. Research what the market value is of the individual coins and perhaps break them out to sell individually if the price is right. The '81 set requires more research on your part. The '81 s Anthony dollar can be quite valuable by itself. |
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Pillar of the Community
Canada
9152 Posts |
 I would just set them aside and collect the rest of what you want, maybe by that time you will have learned more and know which direction you want to go. |
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Moderator
United States
94867 Posts |
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Moderator
United States
187702 Posts |
to the Community! |
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Bedrock of the Community
United States
94367 Posts |
to the CCF! |
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New Member
United States
3 Posts |
Thank you All for the warm welcome and input. I appreciate everyone's feedback! Looking forward to being part of the community and learning new things. I'm tempted to pickup where he left off and continue on his tradition of collecting proof sets in chronological order. as in potentially collecting some proofs from 1982 and beyond. I love the look, feel, and history of the older coins. The older the more interesting to me. Might just add some modern touches and get some of the recent proof sets (2020, 2021, 2022, and so on) and maybe In the future meet both collections in the middle some day. For now, the hunt is on for something I'd like to add to the collection with my own flare!  |
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Moderator
United States
187702 Posts |
Quote:
I'm tempted to pickup where he left off.... In my opinion, you should! I doubt you would regret it and someday your own (grand)children may thank you.  Quote:
For now, the hunt is on for something I'd like to add to the collection with my own flare! Excellent!  |
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Pillar of the Community
United States
1791 Posts |
I see sets for sale on a local auction site all the time and they really don't sell for much, generally $6 to $10 but where a set is sold can make a difference. I wouldn't split a set up until I was looking to sell it. Then I would try to estimate the set value vs. individual coin values.
By the way, I have a number of sets from my father that I haven't even looked at yet.
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Valued Member
United States
450 Posts |
The Lincoln Cent Whitman album is a great place to start your numismatic journey. Many collectors have started with that set. About 15 years ago I finally completed my set 1 (09-40). With the exception of the 14D, 22 no mint mark and the 09S VDB all were found in circulation in the 1960's and 70's. Good Luck and Welcome. |
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Moderator
United States
94867 Posts |
Yep, my very first collection started with the Whitman Lincoln Cent Folder, boy has it grown from there. |
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Pillar of the Community
United States
2003 Posts |
CoinNoobie, be advised that this hobby may cause extreme addiction!
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New Member
United States
3 Posts |
I'm kinda new to collecting but I would leave them just like they are especially the old mint boxes so cool.
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Replies: 15 / Views: 1,615 |
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Posted 03/14/2024 01:28 am
