Why did the mint cap the TRUE 1999 clad proof sets at 750,000?

fivecents · October 21, 2003 9:35AM

The true 1999 clad Proof and Mint set of circulating coins is 10 not 9 coins. Why in heck did the mint sell the SBA 1$ as seperate sets? After all, the 2000 & after sets have the same exact 10 coin configuration that the 1999 sets should have had. I know 1999 was a big transition year.
They limited the proof SBA 1$ mintage at 750,000, this coin(like it or not) is a must for a complete 1999 circulating coin proof set. Even if the mint still has these Proof SBA's still in stock, I think they will become the key to the set for future collectors.

richbeat · October 21, 2003 9:53AM

The 1999 SBA's were struck very late in 1999, way too late to include them in mint and proof sets, which had already been on sale for several months. In fact, it was touch and go as to whether any 1999 SBA's would be struck at all. The timing of the stockpiles dwindling to the point of striking more SBA's (dated 1999) and the end of the year was very close. And it had to be SBA's--the Sac dollar couldn't be struck until 2000 as per the law that authorized it.

fivecents · October 21, 2003 10:10AM

richbeat...Thanks, I remember that happening now.
Still they should have included the SBA1$ with the proof sets even though it was packaged seperately and mailed them out to all the previous buyers of the 1999 sets. It will be interesting to see what happens when one coin in a 2,543,401 mintage proof set has a 750,000 mintage cap.

wondercoin · October 21, 2003 12:09PM

"I think they will become the key to the set for future collectors."

Paul: I probably have 500+ slabbed/capsule coins myself and I would sell most of them right now around cost if anybody wanted them. BOY, I HOPE YOU TURN OUT TO BE RIGHT

Wondercoin

jonesy · October 21, 2003 12:38PM

Does the words Prestige Set work here??

Why did the mint cap the TRUE 1999 clad proof sets at 750,000?

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