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Chernann

Seeking information - difference between Prestige vs Proof sets

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Chernann    10
Chernann

I'm looking at acquiring a Natura proof set, but after some research I couldn't find any information about the difference between a Prestige set or a Proof set. Is this just the packaging or is there a difference in the strike/blank quality?

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PBGold    10
PBGold
I'm looking at acquiring a Natura proof set, but after some research I couldn't find any information about the difference between a Prestige set or a Proof set. Is this just the packaging or is there a difference in the strike/blank quality?

 

Packaging basically and a lower release on the Prestige sets.

 

Prestige in wood box, Proof in Leatherette. The coins themselves are exactly the same and are proof quality.

 

The term 'proof set' is therefore a bit misleading.

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Chernann    10
Chernann
Packaging basically and a lower release on the Prestige sets.

 

Prestige in wood box, Proof in Leatherette. The coins themselves are exactly the same and are proof quality.

 

The term 'proof set' is therefore a bit misleading.

 

Thank you for the clarification! In terms of numismatic value, does anyone really care in the aftermarket about what box it came in, especially since they are in a precious metal? I'm approaching this from a background as a US based collector so the large premiums on a box is a new one to me.

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jwither    10
jwither

Actually, I consider the term "prestige set" misleading. The coins are proof strikes so it is a proof set. The US Mint also released "prestige sets" for awhile sometime between the late 1980's and mid-1990's. None that I recall were particularly expensive but all of them were overpriced, at least for awhile. I recall that the difference was that these sets included the proof American Silver Eagle. The difference in the packaging did not justify the price difference. I consider them a marketing gimmick, regardless of where such a set is from, and today the US sets do not carry much of a premium to my knowledge.

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Chernann    10
Chernann
Actually, I consider the term "prestige set" misleading. The coins are proof strikes so it is a proof set. The US Mint also released "prestige sets" for awhile sometime between the late 1980's and mid-1990's. None that I recall were particularly expensive but all of them were overpriced, at least for awhile. I recall that the difference was that these sets included the proof American Silver Eagle. The difference in the packaging did not justify the price difference. I consider them a marketing gimmick, regardless of where such a set is from, and today the US sets do not carry much of a premium to my knowledge.

 

Thanks, this echoes my thinking. I found it confusing that essentially the same coins would command a different premium in a different box (as opposed to having been slabbed). That would make an empty wooden box worth thousands of rand to the right buyer!

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jwither    10
jwither

It is just another way to seperate people from their money by fooling them. And if the premium is several thousand Rand, that is absurd.

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Timeless Value    10
Timeless Value

Proof vs Prestige

 

And in some instances the proof sets and in lower mintage than the prestige sets!!!! Makes you wonder which is more valuable.

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