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 Replies: 10 / Views: 1,447 |
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Pillar of the Community
United States
5604 Posts |
I have been collecting coins since 1963, one of the many things I like to collect is the proof and silver proof sets. I wonder why the silver set does not come with ALL the coins in the set in the silver as the set would have you believe" The 2009 Silver Proof set".Make them all the silver content or leave the doubles of the coins received in the regular proof set OUT of the silver set. I could imagine what a collectible set of coins they would be, imagine the Nickel in silver, imagine the Native American dollar in silver also, these would, IMO, be a wonderful collectible bunch of coins, also the Presidential dollars, why not a silver set, and last but certainly not the least the Cents, especially the new Bi-centennial ones the LP1,LP2,LP3, AND LP4, just picture these coins in the silver composition.  I know the Mint states they are losing money, but from what I see and read they have not lost a cent on any of the silver content coins, Makes you wonder, and why not!  Any input or comments? |
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Bedrock of the Community
United States
10284 Posts |
A few years ago I would have said heck yeah and thought the same thing myself. We would pay through the nose from here on out if they started that. I say ssshhhh don't give the mint anymore bright ideas on how to make more money off the collectors.
Glad there's still good old coins out there to be collected.
I'm having a hard enough time getting all 5 2009 nickels as it is.
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Moderator
 United States
187702 Posts |
I agree with the sentiment that we should have an option to avoid the duplicates. We have that partially since one can order the silver quarters as a standalone set, but getting both the half dollar and dime in silver and clad results in duplicates.
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Valued Member
United States
265 Posts |
Interesting idea. doesn't seem right to me to have the "golden dollar" in silver or the nickel as a 90% silver coin(maybe a WWII alloy mix would be appealing to the nickel people).
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Bedrock of the Community
United States
12437 Posts |
IMO a terrible idea, leave that to the British Royal Mint which has proof sets available in standard compositions, silver, gold, and platinum. BTW, the silver set(all coins are sterling) is limited to a mintage of 7500 and costs 295 quid for twelve coins  Why should the US Mint produce coins for a proof set in metals that have never been used for a particular denomination? That would be unprecedented for the US Mint(in the sense of anti-debasement or non-wartime usage) and would be one more step towards commercialism* not to mention that it would violate US law. Congress would have to create yet more coinage legislation and probably screw it up in the process like they do with most numismatic-related legislation. The cost of the set would also dramatically increase, possibly doubling- I cringe at the thought of even spending $52.95 for the 2009 set. As for the repetition of coins between sets, I solve that problem by only purchasing the silver set  *I see many people complain about the number of different products offered by the US Mint but those offerings tend to pale in comparison to the numerous offerings of other world mints, many of whom have fully jumped on the commercialized mint-a-coin-for-anything-and-in-any-metal bandwagon. Edited by biokemist6
08/21/2009 3:58 pm
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Pillar of the Community
 United States
5604 Posts |
Referring to an above statement, you have heard of silver in nickels,war time years of 1942-1945, they were made with 35% silver, also we have heard of silver dollars, Trade dollars, Morgans, Peace, Ike's,All had silver in them, so it is not a far fetched idea to think of them being this way today IMO, some coins I agree have not had this metal in the coin, I was only thinking of why it is called the silver proof set, when the silver is not in all the coins.I personally think the idea of a silver dollar is and would be a sweet coin, if we had a present day silver dollar, not the copper, manganese brass, zinc, nickel composition, that in 25+ years will probably be extinct due to corrosion. I guess I would liken it to going to a lumber yard and asking for a 2x4, it does not measure that and has not done so for decades,Why call it a 2x4 if it is not, yet thats the way it is! |
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Pillar of the Community
United States
2734 Posts |
Edited by DNA
08/22/2009 01:41 am
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Pillar of the Community
United States
5604 Posts |
DNA, I am glad to see more than one person has thought of this "showstopper" idea!
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Bedrock of the Community
United States
17884 Posts |
Quote:
The cost of the set would also dramatically increase, possibly doubling- I cringe at the thought of even spending $52.95 for the 2009 set. As for the repetition of coins between sets, I solve that problem by only purchasing the silver set Think that's bad. How about a Prestige Silver Proof Set starting in 2010 that along with the dime half and the silver National Parks quarters.....it also includes the 5 oz silver versions!! A silver proof set with almost 26 oz of silver in it!! :D Quote:
I suggested the very same idea ('All-Silver Proof Set') on August 1st in this thread (in post #8). That's OK people have been suggesting it ever sent the silver proof sets were reintroduced back in 1992. There was a lot of pust to have it done in 2000 when the Sac was introduced. Would the Sac be silver or not? And in 2006 when the President dollars were sill in the decision stage the Mint ran surveys to see of collectors wanted a silver version of them. It looked so likely that if you lookin the 2007 RedBook (I believe that's the one.) you will even find silver president dollars listed in the book. (Book had to go to press before the final decision came down.) SO this idea has a LOOONG history. |
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Pillar of the Community
United States
2734 Posts |
Quote:Conder101: A silver proof set with almost 26 oz of silver in it!  Now we're talking!  I was under the impression that those monster 5 0z. 'Rounds' would not be in Proof finish, and are intended to be sold in the National Parks as souvenirs (as well as the Mint's usual sales venues). It's almost as if some private company proposed to replicate the Quarters as 5-oz. Rounds for souvenir sales, then the gov't figured "Oh, to heck with that, we can make those 'Rounds' ourselves!"  One of my co-workers wishes that the Mint would make real 22k Gold Presidential dollars at West Point with ½-oz. Gold Eagle planchets (just like the 2000-W 22-karat Gold Proof Sacagawea Dollar!), as she put it 'They would be the perfect companions for the Gold First Spouse coins!'  Edited by DNA
08/25/2009 9:57 pm
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Bedrock of the Community
United States
17884 Posts |
I believe the law simply says they need to make them, it doesn't specify what finish they have to be. So the Mint can make them in both Unc and proof if they want. Well I checked the legislation and it doesn't specify the finish. But under distribution it only mentions the Authorized bullion dealers and the Director of the Parks Dept with the irector being able to resell them. There may be a small loophole though. The law states: Quote:
(A) IN GENERAL- In addition to the authorized dealers utilized by the Secretary in distributing bullion coins.... If you include the US Mint as an "authorized dealer" that might open the door for selling proofs. I admit it it's a stretch. And of course they could still sell proofs through the Authorized dealers as well. In fact though nothing in the legislation says that the Mint CAN'T sell these hockey pucks themselves. |
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Replies: 10 / Views: 1,447 |
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Posted 08/21/2009 1:31 pm
