What is a special mint set?

A special mint set often (referred to as an SMS), is a set of coins issued by the U.S. Mint from 1965 to 1967. These coins are characterized by a better than average strike, since they were struck on higher-tonnage coin presses than circulation strike coins, but they were not struck as Proofs.

Considering this, what is the difference between a proof set and a special mint set?

A: A Proof set consists of specially manufactured specimen coins of brilliant finish, high relief, and exquisite detail. A Mint set consists of Uncirculated coins issued annually by the U.S. Mint, assembled from select early strikes.

Beside above, are mint 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.

Furthermore, what years were special mint sets made?

Special Mint Sets (1964–1967)

Instead, a "Special Mint Set" was made available, containing one example of each denomination produced at the San Francisco Mint.

What is a 1965 Special mint set?

The 1965 set contains five coins: The Lincoln cent, the Jefferson nickel, the Roosevelt dime, Washington quarter and Kennedy half-dollar. Because silver prices had risen far above the nominal value of the dime and quarter, these coins were struck in a special “clad†composition for the first time.

Related Question Answers

Which is better mint state or proof?

Proof coins showcase a greater depth of sharpness, definition, and detail than mint state coins. As PCGS explains, a proof coin is “usually struck from a specially prepared coin die on a specially prepared planchet.

Are Proof coins worth anything?

Rarity: Proof coins are less common than general uncirculated coins, making them highly collectable. Value: Proof coins are typically considered more valuable (but this is not always the case). Condition: Proof coins are shipped in exceptional condition and are usually free from any visual blemishes.

Did they make 1965 proof set?

Mint would not offer Proof or Mint sets in 1965. Instead, Special Mint sets were produced at the San Francisco Assay Office in 1965, and also in 1966 and 1967.

How much is a 1960 proof set worth?

The 1960 proof set with the large date cent in its original government packaging is worth around $28.

Are proof sets worth collecting?

Proof sets issued from 1961 through 1964 are the most common of the pre-1965 proof sets and often trade for minimal premiums over silver spot value. Deep cameo proofs from this period are also prized, often fetching prices many times those of standard proof coins.

What is a 1972 proof set worth?

1972 US Mint Proof Set

The US Mint did sell a 40% silver proof version of the 1972-S Eisenhower Dollar separately. The face value of the coins in the 1972 Proof Set was 91 cents, although the sets were sold at $5.00 each.

How much is a 1967 US special mint set worth?

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Is a 1964 nickel worth anything?

CoinTrackers.com has estimated the 1964 Jefferson Nickel value at an average of 5 cents, one in certified mint state (MS+) could be worth $43. (see details)

Are US Mint proof sets silver?

The 2021 United States Mint Silver Proof Set features 7 proof coins encased in two clear plastic lenses in a beautifully designed package you'll be proud to display. The quarters, dime, and half dollar are struck in 99.9 percent silver.

What year did the US Mint start making proof sets?

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 proof set worth?

PCGS gives a value of $13 to $30 for a 1969-S Lincoln cent in Brilliant Red, depending on grade. The current graded population figures at the service in this tier are 179 in Proof 66; 138 in 67; 153 in 68; and 11 in 69.

What was the first proof set?

The first proof sets through 1964 were minted at the Philadelphia Mint. There were two official releases in 1942: one regular five coin set and a set including a silver wartime nickel. United States currency was debased beginning in 1965, but the sets continued under the name United States Mint Proof Set.

How much is a 1965 Kennedy half dollar worth?

CoinTrackers.com has estimated the 1965 Kennedy Half Dollar value at an average of $4.00, one in certified mint state (MS+) could be worth $65.

How much is a 1964 proof set worth?

The 1964 proof set in its original government packaging is worth around $22.

Why is the 2012 proof set so expensive?

Mint before the Mint stops selling them. Once the Mint stops selling them then that's it, no more sets. So, for some reason the Mint stopped selling the 2012 set about nine months earlier than most sets. This caused the demand for the sets to jump up, which also exploded the price of the sets.

Do mint sets increase in value?

Do US Mint proof sets increase in value? The Market For Proof Sets & Uncirculated Sets There is a relatively soft market for proof sets and uncirculated sets, with the general rule being that prices on modern proof and mint set products usually come down in value within a few years after their issue.

What is a 1977 United States proof set worth?

1977 US Mint Proof Set

The US Mint raised the price of the set to $9.00 from the prior price of $7.00. This price increase came even though the proof set contained the same number of coins with the same $1.91 face value.

Are US Mint coins a good investment?

US Mint coins are a worthy investment choice because of the design (Eagle Design), especially for the Gold bullion coins. Additionally, the US Mint produces a range of commemorative coinage that transcends their intrinsic metal value.

What year proof sets are most valuable?

Proof sets made from 1973 through 1979 afford collectors several varieties to chase down. Most notable is the 1975 no-S Roosevelt dime, which is arguably the most valuable modern United States coin in existence.

What is the value of a 1973 proof set?

With the addition of the dollar coin, the face value of the set increased to $1.91 and the offering price of the set was raised to $7.00. The higher price seemed to impact sales as the mintage dropped to 2,760,339. The packaging for the proof set changed starting in 1973.

Are all S mint mark coins proofs?

The U.S. started producing proof coins as early as the 1850s, but very few were actually minted prior to 1856. All proof sets from 1936-1972 included the cent, the nickel, the dime, a quarter and a half dollar. All proof coins from 1968 and on have the "S" mintmark on them.

What is a 1970 proof set worth?

The 1970 S proof set with the small date cent in its original government packaging is worth around $85. The 1970 S proof set with the no S dime in its original government packaging is worth around $900.

What is a 2000 US Mint Proof Set worth?

2000 US Mint Proof Set Value
2000 Proof Set Value
Values Updated 2021
2000-s 10-Coin Set $7.13
2000-s 5-Coin Quarter Set $4.60
2000-s Silver 10-Coin Set $41.00

Are 1965 quarters worth anything?

Yes, at least one 1965 quarter has a value of more than $7,000 and is considered quite rare. But, no — not all of them are rare: Most 1965 quarters that you'll find in pocket change are worth only face value with wear. Typical uncirculated 1965 quarters are worth $1 to $2.

How much is a 1963 proof set worth?

The 1963 proof set in its original government packaging is worth around $25.

Is 1964 silver half dollar?

In 1964 Kennedy half dollars were made from 90% silver and 10% copper. Coins minted in 1971 and beyond have outer layers composed of 75% copper and 25% nickel bonded to an inner core of pure copper. The coin has a diameter of 30.6 mm and a reeded edge.

What is a 1964 special strike coins?

On the 1964 Special Mint Set

All known 1964 SMS coins have a satiny surface, strong details, and a sharp rim. A lack of contact marks and sometimes die polishing marks identify these coins as being specially struck.

What is a 1965 Canadian proof set worth?

Each set contains 1.109 ounces of silver, in the 10-cent, 25-cent, 50-cent and dollar coins included in the set (the cent and 5-cent coins are base metal), and online auction sales suggest the set is valued at about $22 to $25, or not much more than its silver value.

How much is a 1968 proof set worth?

The 1968 S proof set in its original government packaging is worth around $7. The 1968 S proof set with the no S dime in its original government packaging is worth around $14,500.

How much is a 1971 United States proof set worth?

1971 US Mint Proof Set

The US Mint did sell a 40% silver 1971-S Proof Eisenhower Dollar separately. The face value of the coins in the set was 91 cents, while the sets were sold at $5.00 each.

What is a 1961 proof set worth?

The 1961 proof set in its original government packaging is worth around $25.

What is a proof set in coins?

Proof Sets contain special versions of each coin denomination and design issued by the U.S. Mint in any given year. The term "Proof" refers to how the coin is made – not its condition. Proofs are made in limited quantities with specially buffed and polished dies and coin blanks.

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