1914 Proof Set..Guess The Grade Or Just Enjoy!!
elwood
Posts: 2,414 ✭
Someone asked me to post pics of this Proof Set. Guess the grade if you like. I'll post the grades later.
Any scratches are on the slabs.
PF-66
PF-67
PF-66
PF-66
PF-66
Any scratches are on the slabs.
PF-66
PF-67
PF-66
PF-66
PF-66
Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins
0
Comments
Love the toning
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
I think the original envelope is what does it for me !
DAN
Tom
<< <i>The coins are GREAT !...........
I think the original envelope is what does it for me !
DAN >>
Knowledge is the enemy of fear
david
<< <i>where did that come from? >>
The Mint
I'll post the grades now. I just don't understand the grading on this set, at all? They have only been submitted once and this is the first time the set has been in holders.
.01...PF-66
.05...PF-67
.10...PF-66
.25...PF-66
.50...PF-66
With all the overgraded coins I see I think they were pretty hard on this set. I guess they don't like totally original and unmolested coins?
This proof set is even more gorgeous in person -- an incredibly cool property. When it was offered at auction in July 1977, it was with a collection of intact proof sets stretching from 1867 to 1916, a set of exactly 2 coins. Before that, Lester Merkin had it and some fuzzy-haired guy catalogued it.
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana
Are the stamps rare ?
Dan
<< <i>C'mon Elwood, tell the kids where the lucky owner bought it! >>
OK.....J.K.
Here's a plug. Purchased from ANR at the FUN Show.
My thanks to ANR and the Consignor!!!!
<< <i>Before that, Lester Merkin had it and some fuzzy-haired guy catalogued it. >>
The fuzzy-haired guy happened to be Walter Breen and here is the envelope from that sale, with Breens written description.
Curious
Oh yes...outstanding set!!!
<< <i>Well, how come there are no $5 or $10 indians in this proof set... >>
I don't think there were actual "Proof Sets" (as we think of today) that were issued. You had to buy each coin individually. In this case the collectro ordered all but the gold coins. I believe some of the 19th Century proof sets were sold as sets or as presentation sets in special boxes or leather cases.
Maybe someone with more knowledge on the subject can respond??
Dan
Gold and silver proof sets were different products, just like a 3 pieces and a 5 piece commem set might be different products today. Most, predictably, only wanted the silver. You'd have to be nuts or incredibly rich to collect double eagles then, right? Imagine collecting $100 bills fresh from the bank by plate block today. Now imagine having to pay $110 for the same bill. Proof Lib $20s were bringing about $21 a piece at auction in this period (seriously!)
Here's a for instance: Robert Garrett, who ran track on the 1896 Olympic team, paid Henry Chapman $38.50 for a 1910 gold proof set on May 11, 1910. The face value was $37.50. A silver proof set with 91 cents face value cost $1.50. The 1911 proof sets cost Garrett the same amount and Henry Chapman told him that that was "the exact cost at the mint."
Garrett got a break on the 1914 sets. The gold proof set + the silver proof set cost him $39.75.
Elwood paid more. Silly coin collector.
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana
WS
<< <i>
Gold and silver proof sets were different products, just like a 3 pieces and a 5 piece commem set might be different products today. Most, predictably, only wanted the silver. You'd have to be nuts or incredibly rich to collect double eagles then, right? Imagine collecting $100 bills fresh from the bank by plate block today. Now imagine having to pay $110 for the same bill. Proof Lib $20s were bringing about $21 a piece at auction in this period (seriously!)
Here's a for instance: Robert Garrett, who ran track on the 1896 Olympic team, paid Henry Chapman $38.50 for a 1910 gold proof set on May 11, 1910. The face value was $37.50. A silver proof set with 91 cents face value cost $1.50. The 1911 proof sets cost Garrett the same amount and Henry Chapman told him that that was "the exact cost at the mint."
>>
Worse yet, if you bought gold sets in the 1860s, you had to pay gold for gold. If you paid with currency, the sets cost over $100!
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
<< <i>What do the wax seals on the envelope say? >>
To tell you the truth I haven't look that closely at the seals. I put the set away when I got home and just brought it out to takes pics and enjoy. Haven't opened it up to look at the tissues either.
I'm headed out to lunch. Let you know when I get back.
That is one I would never part with, and pass on to my kids. With all the history, truely a priceless item. Which would be near impossible to replace.
Where on earth did you get it?
I can't remember ever seeing an early Proof set with the envelope included.
I hope that you are not going to break this set up. It should be kept intact, AND the whole should be worth more than the parts. But sadly that is not always the case. So many of these sets have been broken through the years that they are now becoming quite scarce.
Aerospace Structures Engineer
Thanks!
K
Bust Half & FSB Merc Collector
<< <i>C'mon Elwood, tell the kids where the lucky owner bought it!
This proof set is even more gorgeous in person -- an incredibly cool property. When it was offered at auction in July 1977, it was with a collection of intact proof sets stretching from 1867 to 1916, a set of exactly 2 coins. Before that, Lester Merkin had it and some fuzzy-haired guy catalogued it. >>
John, it's always nice to see you popup on the board. It is also no wonder this set came from ANR.
Go BIG or GO HOME. ©Bill
If that set was mine i would make a barnwood display case for it and the paper work.
It would be so far back in my "BLACK HOLE" and i would only take it out to drool on my birthday.
SLURP!!
..............Absolutely Fantastic..............................................
Thanks for the pic. Amazing find.
<< <i>What do the wax seals on the envelope say? >>
Here's a close up. It says SUPT. U.S.MINT PHILA.
<< <i>That is totally cool! Quick question...does anyone know how the Mint packaged the items in the origianl envelope? Smaller envelopes or ?? >>
Each coin was wrapped individually in their own little wrappers (tissue). They are included with this set but I haven't wanted to unseal the plastic they came in to take a look. I'm saving that as a treat. Someday I'll take a look. Original tissues are very rare and few still exist.
<< <i>I hope that you are not going to break this set up. It should be kept intact, AND the whole should be worth more than the parts. But sadly that is not always the case. So many of these sets have been broken through the years that they are now becoming quite scarce. >>
Bill....That is one of the reasons I purchased the set. To keep it intact. Several of the recent sales of Original Proof Sets, that I know of, have now been broken up. I think it is a shame.
Sometimes it is to Cherry Pick a coin or two out of the set and sometimes it is to replace one of the original, lesser quality, coins in the set with a nicer quality coin. If a person was to do the this it sure would be nice if they'd keep the original coin also, but in many instances it is sold off therefore breaking up the set.
I hope that this set is still intact. Beautiful.
Mike
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
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Finest Toned Ike I've Ever Seen, been looking since 1986