Why were there no mint sets for 1982 and 1983?

Rooster1 · April 20, 2019 7:35PM

I have a put together set 1983 P and D in cellophane and was trying to find the value.

jedm · April 20, 2019 7:39PM

Ronald Reagan?

Hemispherical · April 20, 2019 7:40PM

During those two years the Mint did not make a Mint set, but the Mint’s gift store were selling gift sets.

The quantities are low and premiums high. Maybe ~$75.

But, there are plenty of proof sets.

Reason: Major federal budget cuts and recession.

Rooster1 · April 20, 2019 8:12PM

@Hemispherical said:
During those two years the Mint did not make a Mint set, but the Mint’s gift store were selling gift sets.

The quantities are low and premiums high. Maybe ~$75.

But, there are plenty of proof sets.

Reason: Major federal budget cuts and recession.

Are these from that gift store?

Hemispherical · April 20, 2019 8:15PM

@Rooster1 said:

@Hemispherical said:
During those two years the Mint did not make a Mint set, but the Mint’s gift store were selling gift sets.

The quantities are low and premiums high. Maybe ~$75.

But, there are plenty of proof sets.

Reason: Major federal budget cuts and recession.

Are these from that gift store?

The top and bottom were made by dealers/other collectors. Not sure of the others. Had to go check. None of those are from the gift store. Made by third parties, i.e., dealers/other collectors.

https://coinweek.com/modern-coins/collecting-us-coins-modern-rarities-1982-1983-souvenir-coin-sets/

Rooster1 · April 20, 2019 8:18PM

Thanks for the replies

fiftysevener · April 20, 2019 8:26PM

If the mint did make '82 sets which cent types would have been included ?

Kudbegud · April 20, 2019 8:42PM

@Hemispherical said:
During those two years the Mint did not make a Mint set, but the Mint’s gift store were selling gift sets.

The quantities are low and premiums high. Maybe ~$75.

But, there are plenty of proof sets.

Reason: Major federal budget cuts and recession.

My brother lived in Denver then so I asked him to get me the souvenir sets,

Hemispherical · April 20, 2019 8:47PM

@Kudbegud They held up well in cellophane after 35+ years.

RogerB · April 20, 2019 8:57PM

There were no government mint sets in 1982-83 because of the severe shortage of Peeps. Later, a solution was found and the shortage ended, thus restoring the supply of mint sets.

Kudbegud · April 20, 2019 9:10PM

@Hemispherical said:
@Kudbegud They held up well in cellophane after 35+ years.

Full disclosure
Those pix are from on line and not my sets. My sets are packed away and would take a bit to get to them. I got both mint and proof sets every year. They are tightly packed so I'm certain they will look just like the ones I posted when my executor goes through my "horde"
I do have a note on these items in my excel inventory so, depending on how diligent and interested my executor is, the "rarity" of these sets will be noted and my charity designee's will get fair value.

dagingerbeasttt · April 20, 2019 10:24PM

@Rooster1 said:

@Hemispherical said:
During those two years the Mint did not make a Mint set, but the Mint’s gift store were selling gift sets.

The quantities are low and premiums high. Maybe ~$75.

But, there are plenty of proof sets.

Reason: Major federal budget cuts and recession.

Are these from that gift store?

Really diggin the toning on the Kennedy.

Edthelorax · April 20, 2019 10:42PM

Would it be improper for me to say that if there was an interest, I would list my extra 1982 P&D souvenir sets from the Mint on BST, here on this thread?

Kudbegud · April 20, 2019 11:37PM

If you post it, they will come

Hemispherical · April 21, 2019 5:10AM

@Edthelorax said:
Would it be improper for me to say that if there was an interest, I would list my extra 1982 P&D souvenir sets from the Mint on BST, here on this thread?

Where’s the link?

CaptHenway · April 21, 2019 5:41AM

An old question. See my comments in this thread.

https://forums.collectors.com/discussion/669077/1982-and-1983-mint-sets

Hemispherical · April 21, 2019 5:50AM

@CaptHenway said:
An old question. See my comments in this thread.

https://forums.collectors.com/discussion/669077/1982-and-1983-mint-sets

Thank you @CaptHenway that was very informative.

thebeav · April 21, 2019 6:15AM

1982 was a little before the time that the mint realized that they could make hundreds of millions of dollars just by putting coins in cellophane or plastic.

ricko · April 21, 2019 6:22AM

@Kudbegud ....Thanks for the pictures... I had not seen these before... Somehow missed @CaptHenway 's thread in 2008.... Oh yeah, I was busy getting ready to retire then... Cheers, RickO

Rooster1 · April 21, 2019 6:45AM

Thanks for everyone's input. I now know the story.

Edthelorax · April 21, 2019 9:44AM

@Hemispherical said:

@Edthelorax said:
Would it be improper for me to say that if there was an interest, I would list my extra 1982 P&D souvenir sets from the Mint on BST, here on this thread?

Where’s the link?

https://forums.collectors.com/discussion/1018460/1982-p-d-souvenir-sets/p1?new=1

ECHOES · April 21, 2019 10:20AM

@Rooster1 said:

Are these from that gift store?

Never seen these, thanks for sharing.

Kudbegud · April 21, 2019 10:37AM

@Rooster1 said:
Are these from that gift store?

Sorry Rooster1, those were assembled by Krause Publications publishers of Numismatic News back then to fill the need and promotion of their coin news paper and magazines.

These are still collectible and several are listed on Ebay along with the Gift Shop "official" souvenir sets. Prices are all over the place for both types. Assembled sets by other organizations and groups are also listed. These could be a sub sub collecting topic to pursue.

Connecticoin · April 22, 2019 7:18AM

@CaptHenway said:
An old question. See my comments in this thread.

https://forums.collectors.com/discussion/669077/1982-and-1983-mint-sets

Thanks. Now I know why my 1977-1981 mints sets looked like s*it when they arrived in the mail.

Why were there no mint sets for 1982 and 1983?

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