Why 2012 mint proof set is so popular ? Now the 2014 set is the lowest mintage

Let discuss why 2012 mint proof set is so popular over $100 per set ? Just because the lowest mintage ? but now the 2014 mint proof set is the lowest instead of 2012, will the 2014 set price going up ? so far we can buy 2014 set near mint issue price.

 

Log in or Sign up to hide this ad.

I could never figure that out either. Why the same coin/same mintage/same condition goes up and down over the years. Who or what determines that? Some coins in the red book have consistently gone "down" over the years..why? What if all of a sudden a hoard of 1936-D 3-1/2 leg Buffalo's hit the market. Would the price go down?

 

@mintcollection

Sometimes, a set has a particular coin in the set that is more collectable than the others which keeps the price high. For example, the 1997 Botanic Gardens Commemorative set had a scarce Jefferson Nickel that was not available anywhere else. The same was true with the 1995 Gold set and the 1995W SAE. Is it possible that the 2012 Proof set had a coin that was more in demand than its counterpart in the 2014 set? I don't know for sure, so maybe someone else will chime in.

Chris

 

Same thing with the 2012, 2013 & 2014 mints sets. Maybe collectors are tired of chasing the lowest mintage when it looks like each successive year may be lower. Once the "dust settles" and mintages stabilize, we should see the lower mintages increase or the 2012 sets come down. Adding to the 2012 sets price is, I believe, the 2012 sets sales were ended with no warning, leaving many without the sets.

 

thanks for your sharing I think this is the main reason!

 

They were, there were a few offerings that were unexpectedly ended which caused a price spike for them.

 

We have to think why mintages are getting lower. There may be less interest in proof sets.

 

When I began collecting in 1969, all the coins available were a proof set and an uncirculated set, Lincoln cent through Kennedy silver clad half dollar. No commemoratives at the time for 15 years and bullion coins were exotic things that came from Mexico (onzas) or South Africa (krugerrands).

Today, I believe there are 77 different proof, reverse proof, uncirculated, enhanced uncirculated and business strike coins that come out of four US mints.

 

I read about that on wednesday WOW

http://www.coinnews.net/2016/01/13/2014-proof-set-and-2014-mint-set-mark-mintage-lows/
2015 Production
http://www.coinnews.net/2016/01/15/us-coin-production-in-2015-tops-17-billion-highest-since-2001/
Coin Collector tonite 4:00 pm-6:00 pm PT
http://www.hsn.com/watch/live