It’s possible your coin proof sets hold some value, though their worth can vary significantly based on a number of factors.
Here’s a breakdown to help you understand:
- Age and rarity: Generally, older proof sets, particularly those from 1955 or earlier, tend to be more valuable due to their lower mintage numbers and historical significance. Some of the earliest proof sets, like the 1936-1939 sets, are particularly sought after by collectors.
- Condition: Coins in pristine, uncirculated condition, especially those still in their original Mint packaging and free from damage, will command higher prices. The presence of original packaging, boxes, documents, and Certificates of Authenticity (COA) can also add to the value.
- Errors and varieties: Keep an eye out for errors like missing mint marks. These anomalies can significantly increase a proof set’s value. For example, the 1971 proof set with a nickel missing the “S” mint mark sold for $1,000, and a 1983 proof set with a Roosevelt dime missing its mint mark sold for $780.
- Mint marks: Most proof coins minted after 1968 have an “S” mintmark, indicating they were produced at the San Francisco Mint. Finding a proof set from that era without the “S” mintmark makes it exceptionally rare and valuable.
- Precious metal content: Silver proof sets, particularly those minted from 1992 onwards containing 90% silver, hold intrinsic value based on the current market price of silver, in addition to their numismatic value.
If you’re looking to sell your proof sets, obtaining a professional appraisal is recommended. You can find reputable coin appraisers by checking with:
- Coin collectors and enthusiasts in online communities or local clubs.
- Certified appraisers or accredited companies like those certified by the Numismatic Guaranty Corporation or Professional Coin Grading Service.
- Local coin shops or dealers.
Important Tip: When considering selling your proof sets, remember that selling the entire set together will likely yield a higher value compared to selling individual coins.
Is there a market for proof sets?
Great question! Some US proof sets can be worth quite a bit. For example, those made between 1947 and 1953 that are still in their original packaging can be worth $1000 or more. Generally speaking, unless damaged, your US proof set should be of some interest to our collectors.
Why is the 2012 proof set worth so much?
From my experience, 2012 US Mint Silver Proof Set
A: The mintage in 2012 was the lowest in many years, making the sets difficult to find. As a result, the Price Premium is very high due to the relative scarcity of these sets.
Are proof coin sets a good investment?
Thanks for asking. To some investors, proof coins are the best way to invest in their favorite coins. By stacking proof coins, you might be able to add numismatic value and rarity to your collection. For investors who want to diversify their portfolios with rare bullion, proof coins are a must-have.
What to do with uncirculated coin sets?
From my experience, Uncirculated Coin Sets
These treasures have never been in circulation and are struck with a pristine finish making them perfect for display or gifts.