What are uncirculated mint sets?
Emily Phillips The Uncirculated Sets, or Mint Sets, contain specimens of coins that are typically minted for general circulation. The first such sets were sold in 1947 in cardboard panels with two coins for each issue, thus showing the obverse and reverse of each one.
When did the US Mint start making uncirculated coin sets?
1947
Start of a Tradition: Origins of U.S Mint Sets In 1947 the U.S. Mint offered official uncirculated mint sets that were specially packaged by the government for sale to coin collectors.
How do you get uncirculated coins from the Mint?
The easiest way to buy from the U.S. Mint is via their Web site, usmint.gov. You can also buy through the toll-free ordering line, 1-800-USA-MINT (872-6468).
What are uncirculated mint sets worth?
U.S. Mint Set Average Prices and Values
| Date & Type | Total Sets Sold | Total Face Value |
|---|---|---|
| 1956 Double set * | 45,475 | $2.64 |
| 1957 Double set * | 32,324 | $3.64 |
| 1958 Double set * | 50,314 | $3.64 |
| 1959 Single set | 187,000 | $1.82 |
What year did the US Mint start making proof sets?
1936
History of U.S Proof Sets The U.S. Mint started assembling proof sets in 1936, and selling them directly to collectors. These first proof sets were made available to collectors only when they purchased one of each coin on the same order, to receive a complete annual set.
What is a 1969 mint set worth?
USA Coin Book Estimated Value of 1969-PDS Uncirculated Mint Set is Worth $7.69 or more in Uncirculated (MS+) Mint Condition.
Are US Mint Uncirculated coin Sets worth anything?
A glance at the pricing data reveals all mint sets made from 1947 through 1953 still in their original government packaging are worth $1,000 or more. Mint sets made from 1954 through 1958, which are more common, are also valuable, selling for about $450 and up.
How much are US mint coin sets worth?
U.S. Mint Set Average Prices and Values
| Date & Type | Total Sets Sold | Avg. Sell Value |
|---|---|---|
| 1951 Double set * | 8,654 | $750.00 |
| 1952 Double set * | 11,499 | $700.00 |
| 1953 Double set * | 15,538 | $500.00 |
| 1954 Double set * | 25,599 | $275.00 |
Is it better to buy proof or Uncirculated coins?
Proof coins and Uncirculated coins are both popular among buyers of gold and silver, but for a few different reasons. Proofs are almost always going to demand a premium when compared to raw Uncirculated coins, but they also carry a better presentation, quality, and a higher degree of scarcity.
Where can you buy uncirculated coins?
Uncirculated modern United States coins , such as the Lincoln penny or the Jefferson nickel , can be collected directly from circulation or rolls of coins from your local bank. Some modern coins from the Denver mint are scarce on the East Coast. Conversely, coins from the Philadelphia mint are scarce on the West Coast.
What is the value of a 1963 uncirculated coin set?
Mass / Weight: 0 grams USA Coin Book Estimated Value of 1963-PD Uncirculated Mint Set is Worth $65 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.
What is an uncirculated Penny?
The term “uncirculated coin” refers to the condition of a coin that indicates that it has never circulated in the regular money supply in the economy. In other words, the coin shows no signs of wear on any of its surfaces. Uncirculated modern United States coins, such as the Lincoln penny or the Jefferson nickel , can be collected directly from circulation or rolls of coins from your local bank.
What is mint set?
U.S. Mint Sets A United States Mint set is a government compiled set of each denomination of coin from each mint that is minting that coin for circulation. Mint sets issued by the Treasury from 1947 to 1958 contained 2 of each regular issue coin, from each issuing mint, packaged in cardboard holders that offered little to no protection.
