Right now the 2011 silver proof sets have lower mintages than the 2010s but it is likely the 2011 silver proof sets will remain on sale for an extended period of time with ultimately higher mintages..........
If my memory is correct the mintage of 1955 proof sets was around 340K. These sets were first issued in the old style box, tissue paper and 5 individual cello envelopes; and later in the year were issued in the flat pack holder.
Does anyone have any idea what the attrition rate/survival rate is for 1955 proof sets? There must be some loss of the 1955 sets due to loss of sets [i.e., thrown out during house cleaning] and due to damage to the coins in the sets [i.e. using same as pocket change and placing them into the stream of commerce]. Further loss of these sets may have taken place through melting though I suspect that the majority of proof sets melted during the 1979-80 silver run up were from the 1957-1964 years due to their more modest numismatic value compared to the 1950-1956 sets; and that during the recent silver run up the majority of proof sets melted were the 1960-1964 sets and some of the 1992-2009 silver sets [2010 silver sets were probably not melted much due to the sets still being available for purchase from the mint and thus the final mintage figures not being known].
If the 2010 silver proof sets have the lowest mintage since 1955, I wonder how these two years will eventually compare with each other after taking their respective attrition/survival rates into account.
The variety present in 1955 sets [brilliant proofs, Cameo proofs, DCAM proofs, toned proofs and possible varieties/errors] is probably much wider than those of 2010 proofs [DCAM silver and clad coins only with little chance of varieties/errors].
Comments
Rolls of the silver halves are around $325
I broke apart a number of the complete 2010 silver proof sets (1,000) to salvage the halves.
As I recall the math was something like this...........
Cost $57 set
4 presidential proofs............ $8
1 Sacagawea........................$3
Proof cent.............................$3
Nickel proof...........................$0.75
5 silver proof quarters..........$38 (sold in April 2010)
1 silver proof dime................$3
Net cost in remaining silver proof half........about $2
Right now the 2011 silver proof sets have lower mintages than the 2010s but it is likely the 2011 silver proof sets will remain on sale for an extended period of time with ultimately higher mintages..........
Does anyone have any idea what the attrition rate/survival rate is for 1955 proof sets? There must be some loss of the 1955 sets due to loss of sets [i.e., thrown out during house cleaning] and due to damage to the coins in the sets [i.e. using same as pocket change and placing them into the stream of commerce]. Further loss of these sets may have taken place through melting though I suspect that the majority of proof sets melted during the 1979-80 silver run up were from the 1957-1964 years due to their more modest numismatic value compared to the 1950-1956 sets; and that during the recent silver run up the majority of proof sets melted were the 1960-1964 sets and some of the 1992-2009 silver sets [2010 silver sets were probably not melted much due to the sets still being available for purchase from the mint and thus the final mintage figures not being known].
If the 2010 silver proof sets have the lowest mintage since 1955, I wonder how these two years will eventually compare with each other after taking their respective attrition/survival rates into account.
The variety present in 1955 sets [brilliant proofs, Cameo proofs, DCAM proofs, toned proofs and possible varieties/errors] is probably much wider than those of 2010 proofs [DCAM silver and clad coins only with little chance of varieties/errors].