1981-S ty2 Proof sets?

bushmaster8 · January 17, 2007 2:36AM

Do they really exist in which all 6 coins are the ty2?

Do they really trade for $300-$375 as CW Trends values them?

jmski52 · January 17, 2007 2:39AM

I thought that the "filled S" was only a problem with the SBA, so wouldn't all the rest of the coins have been "clear S" anyway?

keets · January 17, 2007 2:45AM

they each come with Type 1 and Type 2 Mint Marks and the Type 2's tend to carry a bit of a premium, though it's mostly for the Dollar and Cent. i know that i have a complete intact set from 1979 of Type 2's, but the 1981 is considerably harder to differentiate so a complete set might not be noticed as easily.

LanLord · January 17, 2007 2:45AM

<< I thought that the "filled S" was only a problem with the SBA, so wouldn't all the rest of the coins have been "clear S" anyway? >>

Clear and filled S exist for each denomination, getting one with all coins clear is possible, but then so is a royal flush

melikecoins · January 17, 2007 2:45AM

The penny is good too

Glen

keets · January 17, 2007 2:49AM

i scored a 1979 Royal flush in Michigan this past Thanksgiving for only $70!!!

Russ · January 17, 2007 2:57AM

<< I thought that the "filled S" was only a problem with the SBA, so wouldn't all the rest of the coins have been "clear S" anyway? >>

Filled S and clear S is a misnomer for the 1981 set. Both types are clear. It is the 1979 Type 1 that is filled.

Russ, NCNE

cladking · January 17, 2007 3:13AM

Coin World reported that there were quite a few sets of the '81 t II's made though
I've not seen one. It seems there's usually one coin in every set that's t I. My exper-
ience is fairly limited with these though.

EricSan · January 17, 2007 4:27AM

The numbers that I have seen indicate somewhere between 425,000 to 517,000 T2 1979 SBAs exist (about 3.6M overall T1 & T2 combined), and that about 330,000 T2 SBA exist from 1981 (with about 4.0M overall both types).

The clear and filled S is for 1979. The 1981 T1 and T2 are MUCH harder to distinguish as both are clear. Holding certified copies of the 1981S SBAs side by side, I still have difficulty telling T1 from T2 ... but what do I know?

DHeath · January 17, 2007 4:38AM

I haven't seen one in which all the coins were T2. It seems common to find them with half, quarter, nickel. My last invoice was a few T2 SBA's. They are fairly expensive coins in 9 Dcam.

jmski52 · January 17, 2007 5:06AM

<>

Filled S and clear S is a misnomer for the 1981 set. Both types are clear. It is the 1979 Type 1 that is filled.

Thanks Russ, I guess I stopped paying attention around 1980.

bumanchu · January 17, 2007 5:19AM

I have comprised a list of 75 sets that I have purchased that have at least one type two coin in it. I have purchased probably 50 more that are not on the list and I have owned only one set where all six coins were Type 2. Lots of three, four, and five coin scores though.

Mind you I have gone through hundreds of 1981 proof sets. I have three SBA's being graded by PCGS right now.

P.S. Of the approximately 500 Type 2's that I have identified and have had the majority of them graded, I have gotten exactly zero "70s".

wayneherndon · January 17, 2007 7:42AM

I have looked at a lot of sets and never found an all Type 2 1981 set. All Type 2 1979 sets are readily available.

WH

bushmaster8 · January 17, 2007 9:52AM

A local yokel says he has 3 sets (first he has ever picked up) but wants the full boat: $375 ea.

I wonder about the demand. Too esoteric? Or are there enuff hard core Pset collectors to support?

Manorcourtman · January 17, 2007 11:00AM

<< I have looked at a lot of sets and never found an all Type 2 1981 set. All Type 2 1979 sets are readily available.

WH >>

Same hear.

Animalkeeper · January 17, 2007 11:23AM

I dunno.

I collect slabbed proof sets (generally only up to '64). Wouldn't consider my collection complete unless I had the "select" few after '64 that have garnered sufficient collector-attention: at least the "level 7" 1970, 1979 and 1981 "Type 2s" and the 1995 (I really don't know why that year is so expensive but I got a good deal on it).

As has been already said, it is easy to spot the T1 1979 from the T2 but the T2 1981 is tricky. I have a PCGS set but can't honestly tell you I can see the difference easily (kinda why I bought the set in the first place).

I think you can't go wrong buying the "real deal" in the long run but be sure you've reealy got the "real deal". I have returned several 1981s 'cause I couldn't be sure........

RichieURich · January 17, 2007 11:24AM

<< A local yokel says he has 3 sets (first he has ever picked up) but wants the full boat: $375 ea.

I wonder about the demand. Too esoteric? Or are there enuff hard core Pset collectors to support? >>

It is probably a good buy if ALL of the coins are Type 2's. If not, pass.

bumanchu · January 17, 2007 11:45AM

<< A local yokel says he has 3 sets (first he has ever picked up) but wants the full boat: $375 ea.

I wonder about the demand. Too esoteric? Or are there enuff hard core Pset collectors to support? >>

They probably aren't completely Type 2's and may not be at all. I recommend looking at the mintmark with 10x or higher just to be sure. The mintmark looks frosty and flattened and has bulbous serifs on the S.

Even if they are all Type 2's they may not be worth the $375 as PCGS is especially strict on grading these coins. Even MS 69's are not easy to come by. I have a boatload of 68's and more that I am not even going to submit.

So, unless you "just have to have" them, I would pass on that price.

69's are easy to move, 68's take root.

RichieURich · January 17, 2007 11:52AM

<< They probably aren't completely Type 2's and may not be at all. I recommend looking at the mintmark with 10x or higher just to be sure. The mintmark looks frosty and flattened and has bulbous serifs on the S.

Even if they are all Type 2's they may not be worth the $375 as PCGS is especially strict on grading these coins. Even MS 69's are not easy to come by. I have a boatload of 68's and more that I am not even going to submit. >>

IMO the premium on the 1981 Type 2 proof set is for a set in the original Mint holder in which all six of the coins are Type 2's. If you break the coins out and slab them, you have six Type 2 coins that may or may not have come from the same proof set. This set of 6 coins is relatively easy to assemble in slabs, but it is difficult to find all 6 Type 2 coins in one Mint-sealer proof set.

bumanchu · January 17, 2007 12:06PM

<< IMO the premium on the 1981 Type 2 proof set is for a set in the original Mint holder in which all six of the coins are Type 2's. If you break the coins out and slab them, you have six Type 2 coins that may or may not have come from the same proof set. This set of 6 coins is relatively easy to assemble in slabs, but it is difficult to find all 6 Type 2 coins in one Mint-sealer proof set. >>

Yes it is very difficult to find an original complete set and if that is what you want, I suspect it's worth to you would be whatever you were willing to pay.

wayneherndon · January 17, 2007 12:22PM

At wholesale, the price between dealers in a don't-have-to-sell-situation for single 1981 Type 2s is typically a pro-rate of roll Bid from CDN. That makes the six singles worth $231.63 outside the set. Greysheet Bid for the set is $305 making the set worth a $73.37 premium (~ 24%). In reality the premium for a full Type 2 is is a bit larger than that as other proof sets from this era actually trade at a discount to the sum of their parts.

On the contrary, the 1979 Type 2 sets trades at a $16 (19%) discount to the sum of its parts.

WH

Paleodale · January 17, 2007 1:06PM

I bought one back in 1998, A 1981 Ty-II set still sealed in the original mint holder, thru Jack Beymer from a guy he knew who had one.. I talked to Jack at the PAN show last year about the set, and he told me he still has not seen another set since the one he sold to me...

The best way I have found to check for sure is to use at "Least" a sixteen power loop to be sure of the shape of the 'S'...

coindeuce · January 17, 2007 1:07PM

<< Do they really exist in which all 6 coins are the ty2?

Do they really trade for $300-$375 as CW Trends values them? >>

Yes and yes. The 1981 T2 cent is the stopper though. Likely 10 times more rare than the 1981 T2 S.B.A.

PrivateCoinCollector · January 17, 2007 1:10PM

<< The numbers that I have seen indicate somewhere between 425,000 to 517,000 T2 1979 SBAs exist (about 3.6M overall T1 & T2 combined), and that about 330,000 T2 SBA exist from 1981 (with about 4.0M overall both types).

The clear and filled S is for 1979. The 1981 T1 and T2 are MUCH harder to distinguish as both are clear. Holding certified copies of the 1981S SBAs side by side, I still have difficulty telling T1 from T2 ... but what do I know? >>

I have a Type II 81 SBA PR68SCAM! Bought it for a dollar as part of a set with a 79 TII in it. What were the chances that the 81 would be a Type II???? Didn't know what it was until I stared at for about a half hour, as something did not look right. Sent to PCGS then Ta Da! Pop.

ccex · January 17, 2007 2:15PM

Here's the link I use to straighten out this mess.

Steve · January 17, 2007 11:40PM

As a collector I had to have a type 2 1981S Lincoln cent for my proof collection. It is difficult to tell the difference unless you see pictures. Thanks Paul for the Potter link above. Steve

1981-S ty2 Proof sets?

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