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How to Buy Proof Sets

Proof sets̵1;annual sets of coins issued by the U.S. Mint̵1;are struck with special dies, have mirror-like finishes and are never released into circulation. You can buy them directly from the U.S. Mint each year, through local coin dealers, from online dealers or mail-order houses. Make sure you buy from a reputable dealer, though, as counterfeit coins have been creeping into the market.

Things You'll Need

  • List of proof sets you want to purchase
  • Current price list from several dealers
  • Internet access
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Instructions

    • 1

      Decide which proof sets you want to buy. Then, start shopping to compare prices, and don't forget to include shipping and handling in the final total. You will find the best resource of pricing in Coin World, generally accepted to be the bible of the coin collecting industry. (The weekly magazine is available in print or online.)

    • 2

      Consider buying directly from the U.S. Mint if you're purchasing sets from the current year. You can purchase proof sets annually from the U.S. Mint via the Internet or by phone. (See Reference 1) The mint also has a "subscription program" by which you can sign up to have proof sets delivered to you each year. This is obviously the safest and most secure way to buy proof sets. The mint does not sell proof sets from previous years.

    • 3

      Check with your local coin dealer. Most dealers have a selection of proof sets. The advantage of buying from a reputable dealer is that you'll have a chance to look at the sets in person to check for any kind of scratches, flaws or fingerprints (Some dealers have been known to open proof sets and swap out perfect coins for those that are not.) Make sure that any proof set you purchase comes with the original packaging.

    • 4

      Consider online or mail-order dealers who have been in business a long time and have a good reputation. Make sure the dealer has a good return policy because you may want to exchange your proof set if you receive one that is damaged or not up to U.S. Mint standards.

    • 5

      Check the location of any auction site or seller. While you can find good deals, you can also end up with counterfeit coins (see Reference 3). Many counterfeit coins are produced in China, so if a seller's location is China, it is best to move on. Again, check the return policy of any coins you purchase through an online auction.


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