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I looked through about 30-40 1968 mint sets today and.................

SanctionIISanctionII Posts: 12,224 ✭✭✭✭✭
could not find any 4, 5 or 6 steps nickles at all; and further could not find a set with all three Lincolns unspotted. At best I found a single per set that was unspotted. Most sets had all three Lincolns spotted.

I looked at the sets while in a SF Bay Area shop. I stopped by to snoop and the dealer was tied up with multiple customers buying and selling bullion. He said hi and he always lets me paw through all of his proof and mint sets. While waiting for him to finish with his other customers I spent some time brousing through proof and mint sets, including the 68 sets. My experience looking through these sets is similar to that voiced many times over on this board.

The dealer said that he has been extremely busy for about one month now buying and selling bullion. Most of his business has been in bullion and he has not bothered to spend the time keeping his coin cabinets filled. He also said that he expects the high bullion activity to continue and for melt prices to continue to go up. He also said it is not quite as crazy now as it was in 1979-80, but that it is getting closer to the same activity. I was in the shop for about an hour and he had 4 walk in customers with lots of junk silver and gold coins to sell. He also said that he had four other prescheduled appointments for later today.

Comments

  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    If you had taken a glass to the Philly cents I'm sure you'd have seen that all of
    them had carbon spots. About 95% of these are ugly from corrosion and spotting
    and it's been years since I've seen one with no carbon spots at all. This has been
    a progressing problem but only in the last five years has it affected the last 10%
    of the coins.

    In 40 1968 sets there should have been a couple of nice Denver nickels, 4 nice
    Philly nickels, a 50:50 chance of a DDO P dime, three or four nice dimes, 3 very
    choice D quarters, probably a nice (gem) P quarter, a gem S cent and a couple
    Denvers. You'd have little chance of a gem half dollar and there would be a couple
    of gemmy Philly cents but they'd be spotted.

    Thanks for the dealer report. It sound similar to what I've seen except I've usually
    seen a little more retail activity.
    Tempus fugit.

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