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Commemerative coin question
Alot of the new issues have the same coin, same mint mark, but one unc
and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ |
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#2
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"Russell" wrote in message oups.com... Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I am working on the Modern US Commemorative set in both Unc and Proof but I don't think that is necessary. It depends on your mindset. I would have been perfectly happy putting together a set in Unc but this is the way I started. Others might choose Proof and others might mix and match. If I sold my proofs I might be able to finish it in Unc. I have been thinking about that! It is your collection and I think you get to define it any way you want. Dale My Jefferson Nickel set doesn't include proofs, only Unc :-) |
#3
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"Russell" wrote in
oups.com: Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I don't collect commems, but the same question can go for, say, the US State Quarters sets, too. I started getting the Mint Set and the Proof Set. Why? I don't know. I've since quit buying the Mint Set and will just get the Proof Set of each year from now on. (Mental note: Time to get on ebaY and sell off those Mint Sets.) All depends on which you like better - you certainly don't 'need' to have both, but can, if you like the contrast. Like Dale said, "It is your collection and I think you get to define it any way you want." -- Eric Babula Milwaukee, Wisconsin, USA |
#4
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"Russell" wrote in message oups.com... Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I don't speak for the group, just for me.. This is going to depend entirely on what you want your collection to be.. and it's going to vary from one person to the next.. If you're trying to make a complete collection of Modern Commemoratives (1982 - present).. then yes, you need one of each Unc., Proof, of all the Halves, Dollars, $5.00 Golds., and $10.00 Golds.. some Moderns are only offered as two Halves, two Dollar coins, an Unc and a Proof each.. some add an Unc. and Proof $5.00 Gold, a scant few have a $10.00 Gold instead of (but never in addition to).. a $5.00 Gold.. Thus.. for some issues, there can be eight different coins.. for others four, and for others just two. A few times, The Mint went absolutely nuts issuing commemoratives, such as for the 1996 Atlanta Olympics, and they really ****ed off collectors trying to maintain a complete collection, by making so many different designs.. Some Congresscritter proposes legislation to issue a Commemorative.. the legislation gets modified, voted on, then the guy in the White House signs it, and that legislation determines which denominations will be issued, the limit of how many will be made, when they will start being sold and when they will stop being sold.. very few Moderns totally sell out before their legislated sales period is over.. For example, the wildly popular 2001 Buffalo Dollar was issued as an Unc. and a Proof Dollar and that's it. 500,000 coins total, and it sold out in about two weeks. The recent 2003 "First Flight" Wright Brothers added a $10.00 Gold, to the two types of Dollars, but no Half. The 1991 Mt. Rushmores were Unc. and Proof Halves, Dollars, and a $5.00 Gold.. crazy, isn't it .. There was a George Washington Commemorative a few years ago that was sold ONLY as an Unc. or Proof $5.00 Gold.. no Halves or Dollars at all.. The Mint never sells a Commeorative in JUST Unc. or Proof, they always sell both. Now as to which ones you want to buy, that's a totally personal choice. Again, if you want to build a complete collection of all of them, from 1982 onwards, then you need every Unc. and every Proof of all denominations they offered. And if you really want to get completely complete, you also need the special packaging options, such as the Buffalo Coin And Currency Set, the Lewis And Clark Coin And Currency Set and the Pouch Set, and so on.. in past years, The Mint offered full collections of that year's Commemoratives, all flavors, all denominations in really fancy cherry wood boxes.. but they haven't done that for quite a few years.. Grab yourself the current Red Book and look in the back where the Modern Commemoratives are listed, and you'll have a list of what was issued every year since 1982, how many were made, and a picture of each one. Now I don't know about you, but I'm not made out of money.. If I am going to buy just ONE flavor of a Commemorative of any given issue, I'll usually buy just the Unc. Dollar.. the Unc.s always have a MUCH lower mintage than the Proof of the same coin.. always.. sometimes radically lower, thus, they tend to be worth more later.. although the Proofs are prettier, to most people, which is why they usually sell far more Proofs than Uncs. of the same issue.. Basically, your collection can be considered "complete" depending on how you define the word. The definitive "complete" collection would be one of everything, in every packaging option offered for every Commemorative. And if you try to complete one of those, you're talking about spending some very serious money, in the low five figures.. Then again, you might want to collect them all in matching slabs, at the same grade, from the same grading company, as one regular poster here is doing, for visual consistancy.. if that kind of thing is important to you.. You might want to store them in albums, in slab boxes, it's all a very personal decision.. Harv |
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On Wed, 02 Feb 2005 05:41:39 -0800, Russell wrote:
Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I use to say I would only collect the UNC coins in modern issues, but now I ended up collecting PRF's also. I plan on doing a modern commem set myself, and I plan on it just being all the proof dollars. Like every one else said to each their own. But if you wanted a complete commem set, then you need to consider the UNC's also, especially w/ commems, because a few times the UNC's are actually more valuable than the proof's. -- DW |
#6
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? "Russell" ?????? ??? ??????
oups.com... Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. When I first started collecting modern commemoratives I faced the same dilemma as you. For one reason or another I decided to collect only proofs. I know that many people will say real coins (or more near to "real") are the UNC ones but hey, that was my choice ! Today I have the full set in proof and I am happy with it. Of course UNC commemoratives score higher prices in the secondary market but I do not intend to sell my collection, so I am happy with it:-) Personally I don't find any reason to have both collections, proof and UNC but this is a matter of personal choice. -- E' mai possibile, oh porco di un cane, che le avventure in codesto reame debban risolversi tutte con grandi puttane! F.d.A http://gogu.enosi.org/index.html http://www.romclub.4t.com/rabin.html Russ |
#7
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Russell wrote:
Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ Personally, I tend to purchase only the Proof examples. That's because I view each coin as an artwork in the Modern Commem series and prefer the way they look as proofs. I did buy the Botanic Gardens (on the secondary market) as an UNC because I was impressed by the low mintage. ;-) Alan 'it ain't going anywhere' |
#8
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"Russell" wrote in news:1107351699.837887.188170
@g14g2000cwa.googlegroups.com: Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ The only coins you need in your collection are the ones that you really like, so it's up to you. Personally, I prefer to get the UNC versions because they are generally sold in smaller numbers (rarer), they cost less, and they are a little more forgiving than proofs if you store them in a sub-optimal environment. |
#9
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The proofs are different than uncs, they are "S" mint marked. The commems
are the same coin. "Eric Babula" wrote in message ... "Russell" wrote in oups.com: Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I don't collect commems, but the same question can go for, say, the US State Quarters sets, too. I started getting the Mint Set and the Proof Set. Why? I don't know. I've since quit buying the Mint Set and will just get the Proof Set of each year from now on. (Mental note: Time to get on ebaY and sell off those Mint Sets.) All depends on which you like better - you certainly don't 'need' to have both, but can, if you like the contrast. Like Dale said, "It is your collection and I think you get to define it any way you want." -- Eric Babula Milwaukee, Wisconsin, USA |
#10
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"Russell" wrote in message
oups.com... Alot of the new issues have the same coin, same mint mark, but one unc and one proof. Do you guys think both are need for a collection, or just one example? Just wondering what the group thinks. Russ I agree with the previous posters that you should collect only what appeals to you. Personally, I am missing a few Atlanta Olympics unc dollars, and they are quite pricey, therefore-the reason I am missing them. I collect both proof and unc for the halves and the dollars, but collect proof only for the gold. The reason for proof only in gold is a) they are really pretty b) they cost much less than the uncs, generally. |
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