March 7, 2008, Newsletter Issue #108: Survival Of The Coin Proof Set

Tip of the Week

Just how many coin proof set and uncirculated set packages remain intact is unknown, but according to Coin World Magazine, the number may be smaller than you might think. Annually, there are an unaccounted number of coin proof set packages opened up due to demand by coin collectors for individual coins within the sets. However, one thing is certain, the demand for individual coins within an intact set can drive up the price of the remaining intact versions.

One coin company in Richmond, VA estimates breaking up a total of 150,000 to 160,000 coin proof sets and uncirculated Mint sets every year. The entire count comes to about 3 million sets broken up over the last two decades.

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