1969 S First Proof Set! - Coin Community Forum

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Author	Replies: 18 / Views: 1,052	Page: of 2
Commoncents1 Valued Member United States 58 Posts	Posted 11/30/2024 09:43 am I don't know why I went with the 1969 S for my first set, I guess I just like the number. Question is it worth sending out to get graded or just put them on a shelf? Report this Post to the Staff

Keith67 Pillar of the Community United States 5995 Posts	Posted 11/30/2024 09:51 am Put them on a shelf Report this Post to the Staff
smauggie Valued Member United States 271 Posts	Posted 11/30/2024 09:55 am 1969 is my first proof set as well. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 11/30/2024 09:56 am Good advice I think. Report this Post to the Staff
Commoncents1 Valued Member United States 58 Posts	Posted 11/30/2024 09:59 am Why did you choose it for your first? and I will I was hoping to find the DDO Lincoln Cent but I think it's only an rpm with Machine Doubling. And suggestions what my next one should be? Report this Post to the Staff
nickelsearcher Bedrock of the Community United States 13259 Posts	Posted 11/30/2024 10:05 am A nice set but common coins and not worth the cost of grading. Put it away as-is. Take a look at my other hobby ... http://www.jk-dk.art Too many hobbies .... too much work .... not enough time. Report this Post to the Staff
Tacc Pillar of the Community United States 3341 Posts	Posted 11/30/2024 1:00 pm Don't have a '69 Proof Set personally but I do have the entire 60's Mint Sets and they look really nice. Fine choice of a '69 Proof Set to get started with, and I agree almost certainly not worth grading the individual coins. Report this Post to the Staff
Errers and Varietys Bedrock of the Community United States 54905 Posts	Posted 11/30/2024 10:17 pm Nice coins, but not worth slabbing. Errers and Varietys. Report this Post to the Staff
jbuck Moderator United States 157708 Posts	Posted 11/30/2024 10:18 pm Fantastic! 1969 was the my first proof set as well. Why? Because I was born in 1969. The lens had an ugly crack in it when I got it at age 11, so mine ended up being cracked open. The coins now reside in various Dansco albums. I gifted another 1969 set several years ago. This one is in much better shape and shall remain intact. Coin Collector Since 1978 My Avatar My Old Avatar My 7070 My Eisenhower Dollars CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Commoncents1 Valued Member United States 58 Posts	Posted 11/30/2024 10:30 pm That's what's up J buck I am sure you have quite a collection now. I have just started which seems a little late in Life. But better late then never. Report this Post to the Staff
jbuck Moderator United States 157708 Posts	Posted 12/01/2024 12:17 am Quote: I am sure you have quite a collection now. It certainly makes me happy. Quote: I have just started which seems a little late in Life. But better late then never. Indeed! Enjoy the ride! Coin Collector Since 1978 My Avatar My Old Avatar My 7070 My Eisenhower Dollars CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5124 Posts	Posted 12/01/2024 12:28 am Don't get the concept of spending $ 100 plus to the grading Services to grade a 10 dollar retail Coin set Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4326 Posts	Posted 12/01/2024 09:44 am https://www.numismedia.com/rarecoin...of=b&plus=no Unless you have one of the errors, it's really not worth grading any of them. ANACS used to have a co-service with OSV (https://www.osv.expert/), but I'm not seeing it on the website any more. OSV verified the set was original and then ANACS put the whole thing in a plastic slab. Otherwise, you will end up with six "random" coins with adjacent certificate numbers and no other "proof" they're related. And generally, the economics aren't there. If you submit a six-coin set to PCGS or NGC even at economy rates, it will run you $17-$23 per coin valued up to $300, $30-$40 per coin valued up to $2,500. $102 - $240 plus shipping and insurance. And add the $9 FMV of the set. Even if you got spectacularly lucky and the quarter grades PF69DCAM, finest known, it's got a market value of under $300. The rest will be worth under $30 each. $150 cost, 6x$30 = $180 value after grading. I had a friend who used to make his living as a coin dealer cherry-picking old sets, sending the best coins off to be bulk graded (there is a discount for sending in 100 coins at a time, but you must have 10 or more of each type, so he sat on a lot of inventory to get to those numbers), and then selling them at coin shows. But he made that living clearing $5, $10 a coin. And the business dried up when he had seen every set in a 300-mile radius and couldn't get enough fresh material to sustain the business. Just put it aside and enjoy it as is. -----Burton 50 year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 40 years (joined 1983) Report this Post to the Staff
jbuck Moderator United States 157708 Posts	Posted 12/02/2024 10:57 am Quote: Just put it aside and enjoy it as is. Coin Collector Since 1978 My Avatar My Old Avatar My 7070 My Eisenhower Dollars CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
CelticKnot Bedrock of the Community United States 12310 Posts	Posted 12/03/2024 10:02 pm That's a good-looking set, congrats! Report this Post to the Staff
Commoncents1 Valued Member United States 58 Posts	Posted 12/03/2024 10:36 pm Thank you! I am digging it I am really getting into this collecting route. Not just to make money anymore the history of it all is exciting and learning about the varieties of the coins man it's exhausting but exciting Report this Post to the Staff
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