Proof set prices

Merc

I buy a proof set now and then just for fun, but I don't collect every year. I was at an auction and saw modern proof sets were expensive for certain years. Now as we know, price is based on supply and demand. The proof set mintages remains high every year, but some go for multiples of other years. I can't believe that demand is that much stronger for a 1995 that a 1996 set. What is goin on here? Did some dealers buy large lots from the mint and are sitting on them to push up the price? Seems like they are set up for a fall.

Year___ Greysheet__ Mintage
1992____ $5_______ 2.6 Million
1993____ $12______ 2.4 Mil
1994____ $19______ 2.3 Mil
1995____ $67______ 2.0 Mil
1996____ $13______ 1.7 Mil
1997____ $47______ 1.97 Mil
1998____ $29______ ?

Myqqy

This is a good question- I imagine the same is true for the silver proof sets, where the values are pretty diverse- does anybody have any theories??

Merc

ttt

Hey, come on. Lets here from people who buy these sets all the time and know what is going on with the market.

clackamas

2004 Mint sets are going for $40+ on Ebay.

IrishMike

What I have read in coin magazines, books and other articles is that large quantities of 95 sets were sold overseas. I don't remember the reasons for this.