anyone remember that 42 proof set I started a thread about a while back that came in a holder sort of like a mint set cardboard from 47-58 but it was black? It was in a mailer from the mint that matched the holder in size perfectly? The set was on ebay and I tried to get it but if I remember right it sold for around $2,000? From what I gathered this was one way you could get the entire set. mike
<< <i>I would have absolutely no problem paying a 10-15% premium for a well matched original proof set from this era. >>
TDN, a 10-15% premium over what? That is not meant to be a wise-ass question, as I think any listed set price (such as in the CDN) is almost meaningless. Rather, as I noted previously, the value of the set is determined by the qualities/grades of the individual coins.
For instance, a PR65 1936 Walker is worth roughly $3000 more than a PR63! Such a difference in value easily trumps any premium for a so-called "original" set by a wide margin.
Also, does color-free or virtually color-free constitute "well matched" in your example?
<< <i>anyone remember that 42 proof set I started a thread about a while back that came in a holder sort of like a mint set cardboard from 47-58 but it was black? It was in a mailer from the mint that matched the holder in size perfectly? The set was on ebay and I tried to get it but if I remember right it sold for around $2,000? From what I gathered this was one way you could get the entire set. mike >>
Mike I don't remember the thread, but why couldn't someone just put the coins in a 50's cardboard, insert them in a mint envelope and call them original?
Edited to add: Not that anyone would ever think of doing this.
<< <i>Mike I don't remember the thread, but why couldn't someone just put the coins in a 50's cardboard, insert them in a mint envelope and call them original? >>
Mike it was not a mint set holder. It had places only for the five coins( or was it six)? and was longer and skinnier and was the same size as the mint envelope. Also the black finish had a texture like it was affixed to the cardboard. I am sure if someone wanted to they could rig something up to appear original but I think on this one the envelope from the mint with the right cancelation date kind of makes it appear to be the real thing. I sure wish I would have saved pictures of it. mike
Comments
<< <i>I would have absolutely no problem paying a 10-15% premium for a well matched original proof set from this era. >>
TDN, a 10-15% premium over what? That is not meant to be a wise-ass question, as I think any listed set price (such as in the CDN) is almost meaningless. Rather, as I noted previously, the value of the set is determined by the qualities/grades of the individual coins.
For instance, a PR65 1936 Walker is worth roughly $3000 more than a PR63! Such a difference in value easily trumps any premium for a so-called "original" set by a wide margin.
Also, does color-free or virtually color-free constitute "well matched" in your example?
<< <i>anyone remember that 42 proof set I started a thread about a while back that came in a holder sort of like a mint set cardboard from 47-58 but it was black? It was in a mailer from the mint that matched the holder in size perfectly? The set was on ebay and I tried to get it but if I remember right it sold for around $2,000? From what I gathered this was one way you could get the entire set. mike
Mike I don't remember the thread, but why couldn't someone just put the coins in a 50's cardboard, insert them in a mint envelope and call them original?
Edited to add: Not that anyone would ever think of doing this.
<< <i>Mike I don't remember the thread, but why couldn't someone just put the coins in a 50's cardboard, insert them in a mint envelope and call them original? >>
Mike it was not a mint set holder. It had places only for the five coins( or was it six)? and was longer and skinnier and was the same size as the mint envelope. Also the black finish had a texture like it was affixed to the cardboard. I am sure if someone wanted to they could rig something up to appear original but I think on this one the envelope from the mint with the right cancelation date kind of makes it appear to be the real thing. I sure wish I would have saved pictures of it. mike
Over what you figure the individual coins as breakup value. A well matched set with similar attractive toning is what I would be interested in buying.
As a point of reference, a batch of original proof sets from the 1860's and 70's recently sold with upwards of 50% premiums to breakup value.