Prestige Proof Sets blended two popular Mint programs by combining
the five coins from a regular Proof Set along with one or two modern
commemorative coins issued during the year. The set packaging was
more elaborate than that used for either of the included programs
and thus provided a nice upgrade option for collectors interested in
an attractive display for the coins.
The
first Prestige Proof Set was issued in 1983 and included a silver
dollar commemorating the 1984 Los Angeles Olympic games. Prestige
Proof Sets were issued every subsequent year through 1997 with the
exception of 1985 when no modern commemoratives were issued. The
Legacy Sets issued by the US Mint starting in 2005 resurrected the
concept of Prestige Proof Sets by combining current year proof sets
and commemorative programs. The Legacy Set packing is dramatically
different from that used for Prestige Sets and Legacy Sets have
included commemoratives from two different commemorative programs
while Prestige Proof Sets utilized coins from only one program per
year. It will be interesting to see if over time collectors group
these two types of sets and collect them together.
Commemorative Coins In Prestige Proof Sets
As
mentioned, each Prestige Proof Set contains the regular issued proof
coins for the year (San Francisco mint Proof versions of the Lincoln
Cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter and
Kennedy Half Dollar). In addition, the set contains at least a
silver dollar from one of the modern commemorative programs from the
year. Sets from some years also include a clad half dollar from the
same modern commemorative program. The chart below indicates which
commemorative coins were included in each set:
|
Commemoratives in Prestige Sets |
|
Year |
Program |
Dollar |
Half Dollar |
|
1983 |
Los
Angeles Olympics |
Yes |
|
|
1984 |
Los
Angeles Olympics |
Yes |
|
|
1986 |
Statute
of Liberty |
Yes |
Yes |
|
1987 |
Constitution |
Yes |
|
|
1988 |
Olympics |
Yes |
|
|
1989 |
Congressional |
Yes |
Yes |
|
1990 |
Eisenhower |
Yes |
|
|
1991 |
Mount Rushmore |
Yes |
Yes |
|
1992 |
Olympics |
Yes |
Yes |
|
1993 |
Bill of
Rights |
Yes |
Yes |
|
1994 |
World
Cup |
Yes |
Yes |
|
1995 |
Civil
War |
Yes |
Yes |
|
1996 |
Atlanta
Olympics |
Yes
(Rowing) |
Yes
(Soccer) |
|
1997 |
Botanic
Gardens |
Yes |
|
In
most cases, commemorative coins in the Prestige Proof Sets were
minted at the Mint’s San Francisco Assay Office. The two exceptions
were the Eisenhower and Botanic Gardens Dollars which were produced
at the Philadelphia Mint.
Prestige
Proof Set Production Figures
Prestige Proof Sets got off to a slow start in 1983 with only a
touch over 140 thousand sets selling. The following year was much
better with over twice as many sets selling. The Mint took a pause
in 1985 with no commemorative program but came back in 1986 with the
best selling commemorative program of all time, the Statue of
Liberty program. The result was the best year ever for Prestige
Proof Set sales with nearly 600 thousand sets sold, each containing
a Statute of Liberty Half Dollar and Dollar and accounting for
nearly ten percent of the total production for those two coins.
The
years that followed saw declining sales of Prestige Proof Sets until
1990 when the Eisenhower Commemorative Dollar program proved popular
and pushed sales back over the half million mark for the only other
time in the series history. 1991 sales were about half the 1990
sales and generally continued to decline until the end of the
program. During the last two years, the Mint set maximum sales at
55,000 and 80,000 unit respectively and both sold out.
|
Prestige Proof Set Mintages |
|
Year |
Mintage |
Year |
Mintage |
|
1983 |
140,361 |
1991 |
256,954
|
|
1984 |
316,680 |
1992 |
183,293
|
|
1986 |
599,317 |
1993 |
224,045
|
|
1987 |
435,495 |
1994 |
175,893
|
|
1988 |
231,661 |
1995 |
107,112
|
|
1989 |
211,087 |
1996 |
55,000 |
|
1990 |
506,126 |
1997 |
80,000 |
1990 No S
Proof Cents
In
addition to being one of only two sets with sales surpassing the
half million mark and one of only two sets with coins minted in
Philadelphia, the 1990 set is the only one in which significant
errors were found. A few Proof Sets from 1990 were found to contain
cents that were missing their S mintmark. Similarly, a few of the
Prestige Proof Sets from the year were also discovered with this
error coin making their owners very happy!
Prestige
Proof Set Packaging
Prestige Proof Set packaging consists of a thick album for the coins
that fits inside a sturdy outer box. The first two years, the album
and box were smaller than that used for the later years. The
smaller size box measures 4 3/4 inches wide by 6 1/2 inches long by
1 1/4 inches deep. The larger size box measures 5 1/4 inches wide
by 7 3/8 inches long by 1 1/2 inches deep.
The
binder itself was of three different materials. The 1983 and 1984
sets use a simulated leather material. 1986 and 1987 sets use a
faux suede material. Finally, the albums in the later sets have a
velvetish finish.
The
Mint used a variety of colors of the outer boxes. With the
exception of 1986, the inner album was colored to match the outer
box. For the 1986 Prestige Proof Sets, the Mint used a royal blue
outer box matched with a gray album inside. The following table
shows the colors used for the outer boxes:
|
Prestige Set Box Color |
|
Year |
Box Color |
Year |
Box Color |
|
1983 |
Maroon |
1991 |
Gray |
|
1984 |
Maroon |
1992 |
Maroon |
|
1986 |
Royal Blue |
1993 |
Royal Blue |
|
1987 |
Light Blue |
1994 |
Dark Blue |
|
1988 |
Maroon |
1995 |
Green |
|
1989 |
Brown |
1996 |
Maroon |
|
1990 |
Teal |
1997 |
Green |
The
outer boxes for the first two years are blank while those from 1986
on are imprinted with the Treasury seal and the following:
United Sates
19xx Prestige Sets
For
collectors looking for a closed series to collect, Prestige Proof
Sets are an attractive option. None are particularly difficult to
locate and other than the last two are relatively inexpensive. The
whole run of dates can typically be assembled for $1200 or less
making it affordable for many collectors, especially when assembled
one set at a time.