Proof Sets

3144dec

What happens to the value of coins from a proof set when they have been taken from the original govn. packaging and placed in capital holders?

DragonAzz

<< <i>What happens to the value of coins from a proof set when they have been taken from the original govn. packaging and placed in capital holders? >>



I'm sure you are familiar with the sound of a flushing toilet.

Purple73

PURPLE

coinguy89

Well it's not too good of an idea, I would recommend that you keep proof coins in the original government packaging and not tamper with it. This most of the time will insure that the coins are original and haven't been tampered with. With that kind of security people will be more likely to purchase them. Now if your a collector they might look better in Capital Holders, I don't know, thats personal opinion, but you will lose value in the coins, not to mention they might get some wear on them while making this transfer. If it was me, regardless, I would keep them in there original packaging.

kamehameha00

They are worth more in the original government packaging, keep 'em in it. BTW, to the forum!

coinfreak499

DorkGirl

coinguy89

Sorry forgot about the

Russ

It depends on the era of the proof set. For example, there is little or no value difference for sets from the 1960's, but a substantial value drop for sets from the early 1950's. Sets from the 1970's and 1980's are mostly cheap anyway, so again it matters not. From the 1990's on it's a good idea to leave them in the government packaging.

Russ, NCNE

cladking

It also depends on the specific date.

A '90 proof set for example becomes much more valuable as soon as you bust it open. In fact
there are a large number of proof sets for which this is true and even more of the mint sets.
There is robust demand for the singles which make up the modern denomination sets and many
of these coins are only available in the mint and proof sets or are not available in quantity anywhere
else. Most people think the value is in the pakaging so there is always a deficit of the singles avail-
able which causes the high price. If you factor in the very high grade coins that can be found in the
sets than they are worth more still as singles.

While only a low percentage of the proof coins won't sell because of quality, it will be much higher
almost across the board with the mint sets. Generally only 5 or 10% of mint set coins are culls but
for some coins it will range up to 60%.

NoGvmnt

I have a Proof Bicentennial Quarter that was removed from the government packaging and placed in an Airtite holder just after it was produced. It now has beautiful Magenta, Gold and Blue target toning on the obverse and Gold toning all across the reverse.

I'd say in this instance removing the coin from the original packaging has dramatically increased the valus as, most likely, this toning would not have come about had the coin been left in its original packaging.


Jim

BillJones

For sets that date 1955 (box type) and older, it's generally assumed that the coins will be in some sort of non-mint issued holder. Really nice sets in the original boxes from the 1950 to '55 era are worth more to some advanced collectors. But some many experts cite the storeage problems with box sets that many of them get broken out any way.

For sets that date from the 1955 flats to the present, you are MUCH better off leaving the coins in the government holder. The only exceptions are the superb cameo Proof coins that are often sold as certified singles. If you have run-of-the-mill Proofs, they are worth more as a set in the government holder.

IMO run-of-the-mill (non cameo) Proof singles are among the worst buys going. Collectors pay big primiums for them and stick them in albums. All most without exception the coins go bad. That's been my experience. You over pay from the start, and then it goes down hill from there.

richbeat

Welcome aboard!

EvilMCT

Welcome to the boards.

Ken

Russ

<< <i>You over pay from the start, and then it goes down hill from there. >>



Sounds a lot like marriage.

Russ, NCNE

dimples