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Proof Set Question

DeadhorseDeadhorse Posts: 3,720 ✭
in U.S. Coin Forum
Just got ten 1964 sealed proof sets. I am certain they have never been opened and resealed based on the source.

Would you open them or leave them sealed? I know about the AH Kennedy and I've never had any luck finding those so far.

My luck notwithstanding, what would you guys do?
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

Comments

  • CaptainRonCaptainRon Posts: 1,189 ✭✭
    I hate secrets, and never could keep one. I would have to open up at least a few. Just for the suprise to see what is inside.
    image
  • Cam40Cam40 Posts: 8,146 ✭
    Personally I,d just cut it open.I,d have to know if it contained the AH.
    Even the 9 in the date on the Roosie comes in two varieties

  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Rip them open!!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • BillJonesBillJones Posts: 34,344 ✭✭✭✭✭
    The sealed Proof set concept was discredited over 30 years ago. Now it has re-emerged to cheat and trick a new generation of collectors. By all means, open the sets. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • MadMonkMadMonk Posts: 3,743 ✭
    I'm with Bill Jones and his good advice, who in my opinion is extremely knowledgeable and accurate in his assessments.
    Today's mighty oak is just yesterday's nut that held its ground.
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    They're more fun for me when they're open. If you know "sealed" sets are
    really sealed then they may be worth a premium, but be careful especially
    when the only thing sealing them is a strip of glue.

    It is possible that the premiums on sealed sets will increase in the future, but
    it's still going to be impossible to know if the sets had been steamed open.
    Capturing this premium is going to mean never knowing what's there.

    Now the bad news. Usually the sets in the truly unopened packages are very
    typical. There will be some near gems and some not as nice but nothing great.
    The coins do tend to be much whiter though.
    Tempus fugit.
  • RussRuss Posts: 48,514 ✭✭✭
    Open them pups!

    I like to open them slowly, carefully and gingerly slide the coins out of the envelope so they are painfully revealed a coin or two at a time. I always pull them out while holding the front of the envelope facing me, so I see the reverse of the Kennedy first. My pulse quickens as I savor the moment. Then I slowly turn it over in fervent anticipation of what I will find.

    But, than, I'm weird.

    Russ, NCNE

    eBay consignment sales | | Collectibles from Resco CCC
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    I like to open the boxes of five mint sets and remove all the Philly packets
    to look at first. Then the Denvers. There are more gems and varieties in
    the unopened ones, but sometimes you hardly notice.
    Tempus fugit.
  • WondoWondo Posts: 2,916 ✭✭✭
    Keep them sealed, but make sure they are stategically placed so that they are within your view at all times. Stew over them, fantasize, pine away!!!! Perhaps the elusive 70DCAM AH is in one, but not knowing is half the fun. Devise as many combinations of grades and variaties that could be possibly contained within. Hold them gently, slowly caressing them to see what "vibes" they produce. Get the Ouji board outa the closet and use its mystical powers to divulge what lies behing the seal. But....

    never, never open them.


    Coin collecting should be fun!! image
    Wondo

  • MadMonkMadMonk Posts: 3,743 ✭


    << <i>Open them pups!

    I like to open them slowly, carefully and gingerly slide the coins out of the envelope so they are painfully revealed a coin or two at a time. I always pull them out while holding the front of the envelope facing me, so I see the reverse of the Kennedy first. My pulse quickens as I savor the moment. Then I slowly turn it over in fervent anticipation of what I will find.

    But, than, I'm weird.

    Russ, NCNE >>



    Sounds like you used to write those Harlequinn novelsimage
    Today's mighty oak is just yesterday's nut that held its ground.
  • fishcookerfishcooker Posts: 3,446 ✭✭

    I would figure the odds are they have been opened, and go ahead and re-open.
  • CockneyCockney Posts: 418
    OPEN THEM.....not just the AH's I recently got a 1960 Small Date Cameo PF 67 outa one........"When Is a penny worth a hundred bucks"

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