1956 Proof Set Packaging Error
OAKSTAR
Posts: 7,746 ✭✭✭✭✭
Thought you guys would like to see this. I won it at a coin club auction. Not sure how rare or common this is but it's pretty cool.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
13
Comments
It's actually a proof set. But still cool.
What you have is a 1956 Proof set in original government packaging.
The mint made a mistake when assembling this set by placing two Proof dimes into the cellophane holder. This type of mistake is unusual but not unheard of (I have seen other sets with a missing coin, with one coin placed into the cello upside down [so that it is not 5 coins with heads on one side and tails on the other] and with the mint seal missing).
Your Proof set is a novelty item and it has enhanced value because of the mistake (better an extra coin instead of a missing coin
).
Further, the 1956 Proof half dollar appears (from the photo that shows about 50% of the reverse of the half dollar) to be the more rare "Type 1" variety.
Most 1956 half dollars are the Type 2 variety, which is much more common. There is a fairly good sized difference in value between a Type 1 and a Type 2 1956 Proof half dollar. You can take a look at CoinFacts (an online encyclopedia of US Coins created and maintained by PCGS) to obtain information, photographs and values of the 1956 Type 1 Proof half dollar.
Nice pick up at the coin club auction.
Ooops! Thanks guys.
And thanks for that additional detailed information @SanctionII !!
EDIT: Yes, good eye!!.. 4 feathers.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Still neat to see!
I've never seen that, very cool.
Click on this link to see my ebay listings.
I have a whole pile of mint and proof sets with such errors. Coming soon to an eBay near you.
DO NOT cut open this set because this set only would have a higher value due to the packaging error. I see no cameos.
Given that the half is the type one reverse this may or may not be true. I imagine that the packing error would bring very little premium, if any. It is more of a cool novelty item.
Personally, if it was mine, I’d cut the half to grade and leave everything else intact. You still keep your novelty that way IMO.
Coin Photographer.
Why don't you post them here on BST?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Plus the type1.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Hmmmm, interesting concept.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
That is super cool between the two dimes and the type 1 Franklin!
At that point the sets been tampered with so its "contaminated".
That envelope has lived a hard life.
More eyes on ebay.
Have you ever posted any of them here on this forum?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Post a link to your eBay listings on the BST then. Seems to be a popular thing to do.
No. I don't find BST to be productive.
Cool
That is unique.... Never saw that 'error' before in mint sets. I would keep it as is... Cheers, RickO
I have never seen an error like this before. I have seen string caught in the packing for a mint set in the 1970s, but not an extra coin.
This might shoot a hole in the believe that all of the 1956 Proof coin mintages are the same for all denominations. Could there be a 1956 Proof set out there that is or was missing a dime?
I have seen multiple times proof sets from this era that are missing coins, this is the second that I have seen with a duplicate coin. It's more common than one might think.
Coin Photographer.
That 1956 proof set with the double dimes is super cool. The Type 1 reverse just adds to the value, imho. This is as exciting (and as rare) as finding a two headed snake in your garden.