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Reverse proof set sells out slowly

Roughly a month after the 2018 San Francisco Reverse Proof Sets went on sale, the 200,000 available were sold out.

The sellout was not instantaneous, but it was fast enough for there to be some excitement on the secondary market.

A set with all the coins slabbed by Numismatic Guaranty Corporation and graded Proof-70 First Day of Issue can be purchased on eBay for $474.95.

Issue price from the Mint was $54.95.

If Proof-70 coins are too rich for your blood, you can buy on eBay a government-packaged set just as it came from the Mint for $68.75.

That is not a particularly significant premium to issue price, but it probably won’t last when the online speculators move on to the next Mint offer.

They will be eyeing Sept. 6 when the 15,000 proof palladium one-ounce coins go on sale.

These have the ever-popular Mercury dime design on obverse and an eagle on reverse that resembles the one on the Walking Liberty half dollar.

Price will be dependent on the price of palladium bullion. Palladium was $916 an ounce when this was written.

With the Mint markup added, the coin price will be somewhere in the range of $1,300 to $1,500.

 

This article was originally printed in Numismatic News Express. >> Subscribe today

 

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