Treasury Sealed 1946 PDS Double Mint Set, Believed To Be Unique, OSV ANACS MS 60 - $35,000 - (Morrison, CO)

From 1939 to 1946 the U.S. Treasury issued double mint sets and mailed them in these sealed canvas bags. There are only 3 sealed sets still known to exist: 1943, 1944, and 1946. From the sets that have been opened, a 1942 and a 1945, we know the coins were placed into 2 paper bank wrappers. A letter from the Treasury is also included inside the bag detailing their order. From 1939 to 1945 sets were issued in the 100's. However in 1946 the Treasury announced in The Numismatist for the first time that sets could be ordered. As a result several thousand sets were ordered in 1946 and beginning in 1947 the Treasury had to find a new way to package and ship the coins, thus the birth of the double mint sets in boards and envelopes as we know them today. For more on the history of double mint sets visit OSV. Expert Since this 1946 bag is still sealed actual grades are not available, however, the 1942 and 1945 sets ranged from 64.70 to 66.47. The uniqueness of the sets is more important both historically and numerically than actual grades. This 1946 set is the only one currently known to exist from that year. It is rumored that another 1946 bag exists, but it has not been seen by ANACS or OSV This was the final year of the "Bag Sets" as 1947 saw the introduction of the cardboard holders housed in envelopes.

Posted in Morrison, CO, Collectibles
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