Collecting used mint sets
When collecting older mint sets, it is easy to overestimate or underestimate the value of a particular set. Keep a guide book with you when buying or selling coins. (Also, make sure your book is up to date. You wouldn't walk into a coin shop with a 1984 Red Book and ask to buy a $100 coin for $17.) Small local coin shops are great places to buy the cheaper proof sets and such. Often you can score a $8-$10 set for $3-$6. Don't forget the rare sets. For example, make sure to examine all 1981 proof sets closely. A type one is worth $5, while a type two is worth over $270! Some dealers may forget to double check for such rarities, so you could really get some bang for your buck!
Comments
Kepi
Level 6
Great blog! Thanks for the information ; )
TheNumisMaster
Level 5
Never thought about this... Thanks for the advice! Cheers, NM
user_60373
Level 2
very valuable information. I had no idea different "types" of mint sets were values differently. Thank you for sharing.
coinsbygary
Level 5
Many of these sets can be had for a lower price than their issue price. Good deals abound!
PastorK7354
Level 4
Great info & well written. Thank you. & blessings!
Longstrider
Level 6
Well written blog. Great reminder to stay alert and do your homework.. Thanks.
Liberty Walking Half
Level 5
"buy the book before the coin", or, at least obtain a book in some manner. Mint sets can be fun to collect, especially the ones that have something different about them. Ever consider/collect the SMS sets of 1965-1967?
Prodigy Coins
Level 4
Yes the ‘65-‘67 SMS sets are great to collect.
It's Mokie
Level 6
The best way to get a great deal is to have equal or superior knowledge. Read every book about your favorite area of numismatics, keep up on auction pricing, to include the SOLD section of EBAY, be patient and be prepared to pounce when that prize appears. One recent example I can cite is my 1861-O Half Dollar, most people do not know the die pairings that indicate CSA manufacture, but if you know, then you can use that knowledge to get a CSA manufactured Half at a bargain, relatively speaking, price. Thank You for this blog, it is a good reminder that bargains are out there for those that do their research.
Mike
Level 7
It's happened to me many times. People do not know what there selling and in have done well. I wrote a blog you never know what your buying!! Thanks.
"SUN"
Level 6
You never know where you find a hidden gem.