IS IT WISE TO BREAK A VALUABLE COIN FROM IT'S PROOF SET?

KINCOIN

If you know there is a valuable coin in a proof set should you have a coin grading service take it out and slab it?

KINGCOIN KING OF COINS

airplanenut

Sure- waste some more money on your trash.

Jeremy

PS- Turn off the caps- is it THAT hard???

cladking

The market says that almost all coins should be broken out of proof sets. The
total greysheet price of the coins in the set usually exceeds the value of the set.
This will also save the cost of having average coins slabbed just because they
happened to be included in a superior set. This may not apply to some of the
most valuable proofs like the S-less sets, especially poor examples of these coins.
They'll be easier to sell in the set. It also wouldn't apply to the type 2 sets and
several specific dates.

nwcs

Personally, it depends. If my intent is to keep it then I would not submit. If my intent is to sell, then I would submit.

Russ

Jeremy,

You're so harsh.

Russ, NCNE

BNE

Forget it.

its4real

Pat,
While it's true that you may get more value if you break up a proof set, experrience has shown that if you send the set in and let a "grader" person break up the set for you - you will invariably end up with fingerprints on your "proof" coins.

A better way is to open the sets yourself and take a little nail polish remover or lighter fluid and a soft dishcloth and polish them to a high luster BEFORE you put them into a nice soft Poly-vynil 2x2 holder. The vynil should adhere well to the coins - especially if you leave them a little damp with the polish remover.

Now you're ready to submit them and they should be "fingerprint" free.


Notice: I am not responsible for any damage to coins that occurs due to any advice I give on these coin forum boards.

jsharp

While he continues to type in caps, maybe he is trying to call a truce and ask a serious question.

Unfortunately a couple forum members have already stooped to their typical childish level and given smart A$$ responses.

I think it is time that these members either hold their opinions to themselves, or grow up.

John

Twowood

Sounds like a good idea to me providing you're absolutly sure of the grade of the coin. I posted that same question here awhile back and most of the veteran collectors agreed that the chances of finding a GEM in any proof set is slim...but good luck anyway. Twowood

shortdj

In this case just ignore Jeremy and its4real's responses. In the case of your question, you ARE NOT using all caps except in your signature. Just let it slide by. I feel that you are asking a valid question. My answer would be to crack out the one's you feel would be money makers and keep the rest.

JY93

I think that I would leave my valuable proof coin in the set. Too many bad things can happen. I have a 1970 small date that will stay in its set until if and when I decide to sell it, then I might consider encapsulation. But then you have to think about things like the dreaded fingerprint. My opinion, if you plan on keeping it, don't have it graded but if you are selling have the grading service take it out and slab it.

TONEDDOLLARS

I just sent in a 52 proof set to be graded. I'm hoping to get at least 67's back, then they will really be worth something. This set has nice toning on it and is my birth year so I wanted to save it incapsalated in plastic to protect it. I'm not selling it but would love to see the high grades none the less. There is no real rare coin in it but if the half or dime come back 67 with the toning they have wow. Then they will be worth something

KINCOIN

jsharp
Member
Twowood
Member
shortdj
Veteran
JY93
New Member
TONEDDOLLARS
Member
TONEDDOLLARS
Member
BNE
Senior Member

Very acceptable responses from YOU people. Thanks for the advice it is helpfull. A note for some of the others. TITLES for any story or thread should always be capitalized.

KINGCOIN KING OF COINS

ClarkOfKent

<< <i>TITLES for any story or thread should always be capitalized. >>



It makes it harder to read. But, I guess every other poster on this board is wrong, and you're right. You must have the only copy of "How to create a thread title the correct way".... Oooops! I meant, "HOW TO CREATE A THREAD TITLE THE CORRECT WAY". You should sell it on eBay. You could probably get 6 figures for it.

Clark

airplanenut

<< <i>A note for some of the others. TITLES for any story or thread should always be capitalized. >>


Actually, you only capitalize the first letter of important words in a title, along with the first and last words... how much better does this look?

Is it Wise to Break a Valuable Coin from it's Proof Set?

That would be correct and I wouldn't be pissed and annoyed when I try to read because not everything would be in caps. I'll ask you nicely this time: Could you please keep your titles down? No more internet shouting, please (if there is an important word you have to emphasize, put it in all caps- just not the whole thing)

its4real

WHAT HE SAID!