What was I thinking ??? Price realized in the last post

JCMhouston · February 9, 2011 12:26PM

As some of you know I built a new desk and moved it in to the study last weekend. THis of course requires me to clean out the old computer desk to get it out of the room. Tonight I found a little cardboard box laying in the back corner of the old desk with these misc. World proof sets, I mean they are pretty coins and all but I'm not sure what my collecting purpose was back then. I actually think I remember when I found these a couple of years ago and meant to put them up on ebay, I guess I forgot.

1970 Great Britain, 1981 East Caribbean States, 1981 Iceland:

There was also a 1971 India Proof set, 1970 Hungary 2 piece commemorative proof set, 1966 Guernsey 4 piece proof set and 1978 and '79 New Zealand proof dollars.

I think this last one was a good find, a 1963 South Africa proof set, got to see what these are worth these days, this one may make the cleanup worthwhile.

ormandh · February 9, 2011 12:37PM

Is the India set from the Bombay mint? If so that is a REALLY expensive set! -Dan

JCMhouston · February 9, 2011 12:43PM

Is it? The plastic case it is in says Republic of India - Proof Coins of 1971, then in the lower right corner I.G. Mint Bombay. I'm sure it must be the cheap one since I own it.

ormandh · February 9, 2011 12:47PM

Is it the nine piece set? If so, those are going for $600.

JCMhouston · February 9, 2011 1:14PM

Well, it does have 9 coins.

spoon · February 9, 2011 2:20PM

I was tempted to ask your price on the 1981s (my birth year) but I always get that same proof set regret.. they just don't fit neatly with how my other stuff is stored and that's kinda grating. But then I also looked in Krause.. you probably didn't do too badly on those!

Iceland = $45, though one was unsold on ebay at $30 so demand is probably slack
ECS = $20 and some folks on ebay seem to think they're worth $55 to 155, though those are more likely insane BINs

Krause says the Indian is only $15, but there's a completed one that went for $646 and one in progress at 265 so far... These were pretty cheap a few years ago, but in the past couple years some modern Indian stuff skyrocketed overnight (or so it seemed to my inattentive eye).

Nice haul cleaning up!

Muygrandeoso · February 9, 2011 3:35PM

Krause has the SA 1963 set at $12, which is silly...I'd pay 4 times that

HTubbs · February 9, 2011 3:42PM

Looks like you hit an unexpected jackpot there, did you check to make sure you didn't have any "cheap" Chinese Dollars stashed away too?

mudskippie · February 9, 2011 5:14PM

Or Unc French Indo-China Piastre

I'll buy them all, ok I better stop dreaming!

questor54 · February 9, 2011 7:20PM

The India proof set should sell VERY well on eBay.

SYRACUSIAN · February 9, 2011 9:56PM

<< <i>Well, it does have 9 coins.

>>

Rare and super popular! It looks like it will pay for the entire desk and leave you some profit on the side, without counting the other sets.

ormandh · February 9, 2011 10:13PM

Very nice! Does it have the box and coa? -Dan

JCMhouston · February 9, 2011 11:00PM

This is the only one without the original packaging, checking through prices last night it looks like whatever I was thinking when I bought these must have been pretty smart at the time.

I had no idea any of these was worth more than $10-15.

7Jaguars · February 9, 2011 11:55PM

Jeff, nice score! Congrats, hope you report on the possible sale(s)...

coinkat · February 10, 2011 10:49AM

congrats

I occasionally buy modern coins - even without having a drink first

wybrit · February 10, 2011 11:28AM

Yeah, what were you thinking, buying modern proof sets that will net you a profit? Most of us smart guys buy modern proof sets and lose 50% of the purchase price!

Looks like you will be able to buy a few bits at NEN after you unload some of these...

JCMhouston · February 10, 2011 11:43AM

Lets not mention that part Wybrit, the wife might be looking at the computer, she already thinks those guys at NEN are somehow related to the devil. When she was looking at our tax bill the other night she wanted me to see if we could claim them as dependants since we are obviously putting a few of their kids through college.

dizzlecc · February 13, 2011 10:43AM

I can understand the pick, every now and then you see some nice coins that are priced at melt and can't resist.

Nice find, some pay back for the effort of upgrading the study.

nicholasz219 · February 13, 2011 11:26AM

That is so funny because when I glimpsed at the sets, I saw all sorts of things I thought I wanted....Like India (then I realized it was not Imperial), Iceland (thought it was Ireland), Great Britain (again, not Imperial)....

Oh well, impulse buys avoided!

JCMhouston · February 17, 2011 12:26PM

$461.78 for the India set, think I'll go out and buy some lottery tickets, I'm feeling lucky.

lordmarcovan · February 17, 2011 3:15PM

Let me be the first to say it...

YOU SUCK!

Kudos to those who pointed out the value of the set. I wouldn't have had a clue.

A while back I was consigned some Soviet mint sets by one of the Darksiders here, and put them on eBay, not believing the response they got. Somebody made an offer I thought was obscenely crazy money, and I let my consignor know about it, but to my astonishment, he told me to stand fast and let the auction run. The sly dog knew all along what he had. That was a similar situation, as I recall, where the Krause value was like $12-15 per set instead of the crazy money they were actually going for. If I remember correctly, they went back to the USSR, not surprisingly.

(Whoops- it's not the USSR anymore. I've listened to the Beatles White Album too many times, I guess. Back to Russia.)

ormandh · February 17, 2011 10:54PM

I was going to say that, LM, but it is your award to give out to deserving members!

koincollect · February 19, 2011 9:27AM

I was buying and selling the India proof sets for $20-30...if only I had known the prices on these would shoot up.

I have got some USSR ones and should put one on ebay to check the prices.

JCMhouston · February 19, 2011 10:06AM

Well I certainly owe a couple of people a beer for pointing out what these were selling for. I was actually going to take it to the office and give to one of my Indian engineers for his kids. So if I make it to CINC, or you guys make it to Houston, drinks are on me.

What was I thinking ??? Price realized in the last post

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