Presidential Proof Set Pricing
Hysteria has been skewing the pricing for these sets.
The Mint may not have done a very good job on this first set of proofs but wait...it will get better. If you receive spotted, scratched, dinged, or any other kind of blemished coins directly from the Mint...SEND THEM BACK. The Mint will get the message and the quality of the sets will improve markedly.
Dealers who say in their ads that "thousands" of sets were submitted for grading and "no Proof 70s were returned" do so to create a bidding frenzy and entice the less sophisticated coin buyer into buying at a grossly inflated price.
Prices have fallen from a high of "$3,949.00" per set to an average price of around $850.00 per set on 07/14/07.
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