Franklin Mint Proof Set - Barbados On A Rampage

7Jaguars

He who laughs last laughs best!
1984 Barbados Proof Set just closed on the Bay @ $688!
1984 Cayman PS @ 213
1985 Br Virgin Isl @ 215 by memory

Not bad and several of them are on the rise like Trinidad & Tobago

JCMhouston

A lot of those Carribean sets had very low mintages, but no collectors for many years. It only takes a handfull of new collectors to drive them up.

Hyperion

a relative has all sorts of freaky sets that her crazy sibling picked up way way over the legit value, maybe it's time to ebay them all!!!

7Jaguars

Many have gone substantially over issue & some dipped quite a bit before going on a rise. I think that Barbados may have set the Caribbean record but think a Papua set may have gone 950.

lordmarcovan

I had a BIG HUGE BOX full of these FM proof sets a few years back, and sold 'em for a song!

7Jaguars

Too bad on that Sir!
They do have to be in the 1981-85 period and not the earlier. For example, the 1973 Barbados set will only go for about bullion.

lordmarcovan

I might not have had the right dates, but even considering the bullion... ow.

7Jaguars

How about Panama 9 coin sets @ 5.7 ounces silver!

DRG

My mother is from Barbados and iI have always loved the island. I used to buy any Barbados set I could find at a reasonable price. I only have one 1984 Barbados proof set. As I recall I paid about $200 for it. The mintage is very low. As stated I believe it is around 450 sets made...... Not many collectors either.

7Jaguars

And you can't argue with Rihanna for looks or appeal!!

I am looking for a Barbados 1973 MINT SET (as opposed to proof set) - ever seen one?

PS I think I bought my 84 set for about 200 as well which now looks to be a very good price.

cladking

<< <i>
I am looking for a Barbados 1973 MINT SET (as opposed to proof set) - ever seen one?
>>



This one shouldn't be hard with a mintage of 2500 but I can't recall ever having seen one.

The Caribbean sets aren't my favorite but I think people are going to be surprised by many
of these over the long term. It's not just the superb quality, excellent designs, and low mint-
ages but the attrition on this stuff is simply staggering. They get cut up for metal, for money,
and sometimes just because there's never been anything else to do with them. Most of the
packaging is stable but a few like Trinidad and Tobago aren't even good for long term stor-
age.

It just won't take much demand when a few collectors decide they want them and they aren't
available. With middle classes exploding in size all over the world it will and has come to a few
of the smaller countries. Things like common Jamaican proof sets might not do much for a few
generations yet but scarcer coins are most probably going to go much higher almost across the
board. And it's not going to take decades.

7Jaguars

Update: one of these just purchased last month for 50.00 - a previously seen (x1 only in >15 years) - the 1973 Barbados Mint set, that is.

Then just two weeks later the two larger silver coins from the mint set came up again and sold for near to bullion each! Wow, interesting.

I think some of the reported mintages are actually authorized limits and not how many are struck but can not prove this point. Also, those sets sent to Central Banks may languish for years before finally being sold, destroyed, "confiscated", etc. so it is very hard to demonstrate the number originally available or how many currently exist.

coinkat

I see these sets as not being about the number struck but the surviving population- many sets were melted and continue to be melted

7Jaguars

That is my feeling as well, and kind of a cheap game to play as a distraction. I can't find cra- for any sort of reasonable price that fits in my core collection these days.....
Anybody with an interest in these PM me.