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What would you do with a 1979 Type II Proof set?

LanLordLanLord Posts: 11,714 ✭✭✭✭✭
Would you leave it in the government sealed package or crack it and have the SBA slabbed?

Comments

  • merz2merz2 Posts: 2,474
    LL
    Unless your sure the SBA would grade high,I'd leave it.I assume you mean all of the coins are type 2.
    Don
    Registry 1909-1958 Proof Lincolns
  • I'm not up to the minute on values, but assuming you're looking to maximize profit for selling... if the cent has a shot at 69DCAM, crack it and send both the SBA and cent. If not, and the SBA has any spots or anything, leave it alone. Anything else, probably a toss-up.

    Of course with PCGS giving some 70's these days, there's the chance of buying a winning ticket there too.
  • relayerrelayer Posts: 10,570
    I'd slab it. If it's a 69DC you can get $175 for it (I sold mine on 11/7/02 for that)
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  • cladkingcladking Posts: 28,656 ✭✭✭✭✭
    This is one of the few modern sets that is worth more than the sum of it's parts.
    In fact there is a substantial premium for a complete and intact type II set. Leave
    it as it is unless one of the coins would go MS-70 or the dollar will go MS-69.
    Tempus fugit.
  • It is likely to find '79 Mint Sets & Proof Sets in which only 1 or 2 of the coins are type II. The same can be said for the '81 sets. Some dealers will tell you that it is extremely rare to find one of these sets in which ALL of the coins are type II. I have seen a few examples of these sets in coin shops. And as Cladking says they carry a premium - some dealers ask as much as $1,000 or more for such sets. Not that I'd ever pay that for one.
    knowledge ........ share it
  • WindycityWindycity Posts: 3,501 ✭✭✭✭✭
    I buy proof sets in quantity frequently. I have 5 or 6 type II 79's and an equal number of 81's. I have another 20+ sets with partial type II's. Who buying at a premium for complete type II sets. For a $1,000 each, I'm ready to sell!!!
    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
  • Hmmmmmm - is this Let's Make A Deal ??
    knowledge ........ share it

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