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According to the Standard Catalog of World Coins, the US Mint produced 11,426 proof sets in 1940 and sold them for $1.89 each. According to the same source, a 1940 proof set is currently valued at US$1,475.00. If you have one, however, I would suggest going to a reputable coin dealer for a better valuation based on the condition of your particular set.

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Q: What is a1940 us mint proof set value?
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