Regarding 1956-1964 Washington Quarter proofs in individual cello wraps

Tuddy

First post, TIA, (go easy on me) .......been stacking Ag for about 15 years, US 90%'ers, 40%'ers, ASE's, and Maples....just stacking, not trading/selling, because to me, its an "insurance policy", taking green coupons...umm, i mean FRN's and turning them into hard money, so you could say i'm an intrinsic stacker, but i watch numi situations closely, and here's my question.....i had the good(?) fortune to buy over a $100 FV plus of 1956-1964 Wash proofs, IN individual cellophane wraps, the same kind of cello's that hard candy used to be sold......they're not fugazi's, the buyer is a straight up, some of the cello's have actually yellowed with age, and every coin looks to be PR-65's (maybe)......and i've been looking ALL OVER, Red Book, the net, etc.....to see how proofs were sold back in the day, and cant find any answer. Of course, i see the mintage numbers, but......was it that when a collector wanted proofs, they would come in a string of cello wraps?....which would mean the collector could remove them from the cello wrapps and either slab them or tube them? Sorry if i bored any ya'll, respectfully, Tuddy

291fifth

The raw, individual proofs of that era are not likely to bring much more than melt with silver at its current price level. They once were popular with album collectors but the market has switched to coins that are slabbed and graded by a major third party grader like PCGS or NGC.

I wouldn't worry that much about the cellophane wraps. They didn't come that way and aren't going to get anyone excited.

Fishpro

In that time frame 56’ to 64’ proofs only came as a set from the Mint. Someone removed them from the set and sold them as a single item.

kevinstang

Could it be they just cut the proof set packets up and left coin in its little pocket?

JBK

Agree with all the above.

But...might as well keep them as is. It might get you a larger market if/when you sell.

Tuddy

@Fishpro said:
In that time frame 56’ to 64’ proofs only came as a set from the Mint. Someone removed them from the set and sold them as a single item.

Thanks so much Fish......due respect....when you write that 56-64 only came in sets, where would i get that info from? (not that i dont believe you) i'm always up for info resources on silver backed US coinage).....i been reading threads at this really good website, and realized i might be traveling on a different road than a lot of folks here, i been buying raw rolls since 2005, glassing them when i get them, making sure they're not alibaba chinese counterfeits, etc...then just put them in the safe. i can get away with that, coz i live real rural, big family, and around here, its not a good idea to try breaking into a ranch house, plus i keep my mouth shut........but i sure appreciate your time, respect

Tuddy

@kevinstang said:
Could it be they just cut the proof set packets up and left coin in its little pocket?

when you write little packet, do mean a cello wrap? thanks for your time.

Tuddy

@JBK said:
Agree with all the above.

But...might as well keep them as is. It might get you a larger market if/when you sell.

Thanks JBK.........that was my thinking, keep them as they are, i was just curious HOW they came to be individually cello wrapped. As i far as selling silver coinage for paper dollars? i have little interest and no need to........slightly off topic?
i am dismayed, and pretty angry at the irresponsible monetary policy the Fed is engaging in, just running the printing presses full speed, its going kill the dollar. No, when i trade silver, its going for more cattle, horses, feed, vet bills, etc.
Have a good weekend sir.

TomB

I'm not certain if this is a troll thread or not, given you are asking a question that is so simply answered and claim to have been buying silver for many years. Regardless, I will answer as if it were a real question.

Simply go to ebay or some other site and look through the proof sets listed there for the dates in question and you will find scores, if not hundreds, of images of these sets in their government sold cellophane wrappers and envelopes. There is no need for more discussion at that point since you will see how they were sold and what it means when someone says they were cut out of the set.

JBK

Yes, Google or search Ebay for 1961 proof set, for example, and you'll see the original packaging. Mint sets also came this way for many more years.

My guess is that someone just cut the packages apart. It's mylar, which will protect the coins as long as there are no holes or cuts.

291fifth

The cellophane wrappers you mention were a very common item in the 1950's and 1960's. There is nothing unusual about finding coins from that era in such wrappers.

Smudge

While today the mint is trying to impress with packaging, in those days they were much more frugal.

ricko

@Tuddy.... Welcome aboard... You have the answer to your questions above. I also recommend you get a Redbook and use that to check your silver for other valued varieties/dates/mint marks. Cheers, RickO