What is uncirculated mint condition?
What is uncirculated mint condition?
The term “uncirculated coin” refers to the condition of a coin that indicates that it has never circulated in the regular money supply in the economy. In other words, the coin shows no signs of wear on any of its surfaces.
Can you buy directly from the US Mint?
The easiest way to buy from the U.S. Mint is via their Web site, usmint.gov. You can also buy through the toll-free ordering line, 1-800-USA-MINT (872-6468). Mint usually sells only current coins and coin sets, although you can often find the previous year’s coins and sets for sale, too.
Why is US Mint silver more expensive?
This high premium is due to the additional cost required to make proof coins, including being struck multiple times and using special dies. Unlike uncirculated silver coins, the U.S. Mint does actually sell proof coins directly to the public in addition to dealers and wholesalers.
Why is US Mint more expensive?
The U.S. Mint produces these coins with costs based on the silver content, minting costs and distribution. The Mint sells the coins to a network of wholesalers and dealers who then sell to the public. American Silver Eagle proof coins are made more for coin collectors.
Are US Mint proof sets worth anything?
Proof sets issued from 1961 through 1964 are the most common of the pre-1965 proof sets and often trade for minimal premiums over silver spot value. Deep cameo proofs from this period are also prized, often fetching prices many times those of standard proof coins.
Which US Mint is the best?
The Coin Analyst: The 10 Greatest U.S. Mint Coins of the Decade, 2010-2019
- 2015-W American Liberty $100 High-Relief Gold Coin and Silver Medals.
- 2017-W American Liberty $100 High-Relief Gold Coin and Silver Medals.
- 2017 American Palladium Eagle Bullion Coin.
- 2019 Apollo 11 50th Anniversary Coins.
Do US Mint proof sets increase in value?
The Market For Proof Sets & Uncirculated Sets There is a relatively soft market for proof sets and uncirculated sets, with the general rule being that prices on modern proof and mint set products usually come down in value within a few years after their issue.