Values of Mint vs Proof Sets

[kchan1111]

Looking through the prices in Maccs guide. I was wondering if there is a reason why the mint sets seemed to have risen in value more than the proof sets.

For example for the 90s, the mint sets have quadrupled in value, but for some years the proof have gone up just by 25%.

The mints sets would have a higher mintage right? Is it because the proof sets are preserved by collectors and so have a higher survival rates?

:huh::huh:

Thanks in advance for any insights.

[robbiegal]

Is it because the proof sets are preserved by the presentation cases  and so have a higher survival rates?

:huh::huh:
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Thanks in advance for any insights.

[kchan1111]

I see! :thank_you:

You're the best robbiegal!

[serial]

I collected both so I got it covered

[autocoupler]

Not too far off topic I hope. I placed a bid on the 1966 VIP Mint Set that was listed in Downies Auction earlier this week. Didn't go close, it went for $1300 + commission:shock:

[purplepennyhunter]

There was a bidding war on that one. A dealer came out the winner I believe.

[emu666]

There was a bidding war on that one. A dealer came out the winner I believe.

Doesn't that imply it went too cheap?

[purplepennyhunter]

From my memory wasn't the sale price similar to that for sale on Sterling & Currency website a little while back?

[trout]

I think the reason is that more people are collecting Decimal coins now and the Mint sets are a great source of Uncirculated coins and are competing for them at the moment.
The Proof sets are quite expensive to buy which is a bit of a "Put Off" and a lot of collectors don't consider them as part of the collection at the moment.
I differ in that opinion and consider the Proof coins an essential part of the collection if it is considered to be "Complete" IMHO.
Because of the low mintage of the proof sets eventually they will become more sought after as the New Decimal collectors realize that the Proof coins not only look stunning but they really are required for a complete set of coins :ok:

[kchan1111]

If I have that much money to spend I would buy lots of other things. More to look at.

[trout]

If I have that much money to spend I would buy lots of other things. More to look at. Big Grin

I also spend my spare Quids on proclamation coins, US coins, Indian coins  and Canadian coins But the Aussie Decimals are my favorite coins at this stage.
I recall paying less than $100 for a Proof set of 1979 coins that came back from PCGS at these grades.
50c PR69DC
20c PR68DC
10c PR69DC
5c   PR69DC
2c  PR68DC
1c  PR69DC
I am a bit perplexed why a couple of these didn't get a PR70DC grade but that is just the way it is But it does show that for a small sum of money you can still get Outstanding coins at the moment :good:

Anyway the total value of these 6 coins "At the moment" on blue sheet is $1000

[kchan1111]

Anyway the total value of these 6 coins "At the moment" on blue sheet is $1000

Woow that's a great arbitrage!