Uncirculated Mint Sets Pricing

pennyholic · September 10, 2011 10:56AM

I am just wondering about these sets and how pricing is determined. I am just confused when I see pricing for a 1995 set in the coin dealer newsletter go for 5.25 when the issue date was 8.00. On top of that it seems at some point around 2005 these sets were around 25. Prices have come down on most of these and yet over the years you would think many are broken up. Can the experts shed some light on these why the price goes up, down and the only one making money on them is the HSN. I just bought a big box of them and paid less then bid just because the guy wanted to get rid of them. I understand they are not a good investment but just could not refuse. Oh and I just picked a random set 1995 to pick on with about 1 million mintage but this is about all the sets.

llafoe · September 10, 2011 11:04AM

Supply and Demand

LindeDad · September 10, 2011 11:06AM

Most of the time there is a rush to these when issued as usually the best coins for grading come from then and there is a core collector group they get Proof and uncirculated sets every year. As the fad wears off and everybody that wanted a set got theirs from the mint the premunium over face value starts to diminish.

I have listed sets on eBay that I could not get face value out of by the time I paid the fees and shipping.

rec78 · September 10, 2011 11:33AM

I dunno but proof sets are the same way. The market is very deflated for clad Proof sets and clad mint sets these days. If you have the storage space and plan to save them for many years eventually some of them will increase in value. Most dealers don't want to be bothered with them when it is so easy to make more money buying silver or gold. If investor focus ever changes form silver and gold to clad coins, (which I doubt) then, they may start to rebound a little.

Bochiman · September 10, 2011 3:09PM

<< <i>Supply and Demand >>

Speaking of your ex-wives again, or the reason the pricing on the mint sets are different from their issue price?

ricko · September 11, 2011 12:46AM

They take up a lot of space and rarely provide ROI. I stopped buying them. Rarely, a mint error may show up in a set, but very rarely. Cheers, RickO

cladking · September 11, 2011 6:19AM

Proof sets have been hit pretty hard because there are so many out there and many people
and dealers need to liquidate their holdings. Also keep in mind that post-1994 proof sets have
never really been hit with price decreases as more come on the market. This was always nor-
mal for all the older sets because they were overbought and as more become available the
price tanked. This process was interrupted by the states quarter program which caused more
demand to materialize for recent date sets which absorbed the excess and prevented the price
decline. Now they've all been hit at once.

The early mint sets (pre-1978) have held up pretty well because attrition has already decreased
their numbers so much that they can't come on the market in vvery large numbers in just the
three years of the great recession. Some of the later date mint sets have held up because of
lower mintages. The earlier proof sets have held up better as well which is probably indicative
of the attrition on them as well.

fivecents · September 11, 2011 6:35AM

I am still sitting on 100+ 2009 mint sets. The cents in the 2009 mint set have a lower mintage that the 1931-S lincoln. Will they ever be worth than mint issue price? Hopefully sometime in my lifetime.

razzle · September 11, 2011 7:08AM

It may also be true that these mint and proof sets have a known demand prior to issue because of subscriptions.

Uncirculated Mint Sets Pricing

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