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Coin and Paper Money Collecting/US Mint Uncirculated Coin Sets

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Question
My father-in-law has been buying these sets for our children since 1993. I'm looking at one from 1997. It looks like he may have paid $8 for the set. It includes 2 each of the Lincoln cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter and Kennedy Half Dollar, plus a mint mark piece from both the Philadelphia and Denver mints. Could you please let me know what these are worth? Will they ever gain considerable value? What makes these collectable other than their "new" condition?

Thank you!

Answer
Victoria,

The value of these sets depends on demand for them (which generally declines over the years) and available supply (which is usually prettymuch readily available for any year).  So generally speaking, the value of these sets will slowly decline over the years, with a few exceptions.

Current values :

1993 -- $3.00
1994 -- $2.50
1995 -- $4.50
1996 -- $10.00
1997 -- $7.00
1998 -- $3.00
1999 -- $7.50
2000 -- $6.00
2001 -- $10.00
2002 -- $12.50
2003 -- $10.00
2004 -- $18.50
2005 -- $5.00
2006 -- $8.00
2007 -- $15.00
2008 -- $20.00

The collectability of them is in that they are sets of all the coins issued for circulation each year.

I hope this helps,

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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