I have the opportunity to buy a 1936 Proof set...

Peaceman

What would you pay for an all original set, in all original case with very nice above average coins.......

Russ

<< <i>all original case >>



Did they come in "cases" in 1936?

Russ, NCNE

Peaceman

Sorry, cardboard holder......

Cam40

they must be toned alot?
they couldnt be brilliant if
they,ve sat in a cardboard holder
for any extented period of time.

coinkat

give it the most serious consideration and obviously look at the coins for hairlines. Good luck

Peaceman

I don't have a picture.... It's a local guy I've had dealings with for a few years who can "get his hands on one" from a private collector. The coins are not overtoned... after talking to him about the set I guess these came from the mint with a staple on the end of it.... this corroded over time and can mess up the coins... ?

Anyway, this particular set has been in the guys family since new... they bought all of the coins (not separatly) in that year that were available..... so the story goes....

Windycity

If original in nice, pay full ask without question.

Myqqy

What's the asking price for a nice 1936 proof set??

mnmcoin

I think what Russ was alluding to was they were not issued in any type of holder...they we issued individually in mini-cellephane sleeve-type envelopes.

By original, maybe you mean that they have not been passed around from dealer to dealer and are in uncleaned-undipped condition?

IF this is the case and the coins are gems, original in nature then you can throw gs out the door...chance are a set like that is a 7 or 8 thousand dollar set, if not more like 9 or 10 grand.

morris <><

pharmer

I too would pay the ask if I had the cash, and I hope that amount will soon be revealed by someone who knows.

Russ

<< <i>I think what Russ was alluding to was they were not issued in any type of holder...they we issued individually in mini-cellephane sleeve-type envelopes. >>



Precisely.

Russ, NCNE

DHeath

Morris has it right. It depends on the set, but if it's the real deal and the coins are nice, the sheet doesn't matter. $8k+ easily.

coinguy1

So called "original" does not necessarily equate with high quality/grade. There is absolutely no way to provide meaningful information/advice, based upon the information presented.

For all we know, the coins could be hairlined to death or 63's or 64's or 65's or whatever. And, the possible differences in grade could amount to thousands of dollars difference in value.

keets

hey Peace

you're a smart guy and know how to grade, so it might be a good idea to have a price in mind while also looking at the set and grading the coins individually for yourself. take notes if you need to on each one and then consider them as individual coins before you start the dicker. a $5000++ purchase is nothing a reputable dealer would expect a collector to rush into, so an overnight decision might be a consideration, especially if he knows you're interested and capable of the paying.

even at $8-$10K, one or two of the coins could be worth the price if they've been cared for.

al h.

darktone

I would like to hear more about the "original holder". The norm was the cellophane sleaves stapled together and put in a box with tissue paper but other methods were used from the info I have gathered. mike

Russ

<< <i>The norm was the cellophane sleaves stapled together and put in a box with tissue paper >>



The mint did not use boxes until they resumed proof set production in 1950. They did use the sleeves from 1936 to 1942, but the coins were not sold as "sets", they were sold as individual coins.

Russ, NCNE

Sequitur

For all we know, the coins could be hairlined to death or 63's or 64's or 65's or whatever.

Wouldn't a big factor in the price of the set be the numismatic value associated with an intact, original 1936 set? Even if the coins aren't spectacular gems, isn't that offset by the fact this potentially is in Mint-issuance condition?

And if the answer is yes, then I think the key thing to ascertain is an answer to the original question about how they were packaged.

In any event, if you can, snap some pics.

Peaceman

From my understanding (I've never seen a picture of what it should look like either) all 5 coins were ordered at the same time. I've looked through Heritage's old auctions.. even teletrade (I know, what am I thinking) and have been watching ebay for a long time and haven't seen one for sale yet........

They must be very difficult to come by? no?

JRocco

They are not easy to come by. Years ago I tried to pick up a set and had several dealers on the lookout for me to no avail. This was before the internet took over.

coinguy1

<< <i>Wouldn't a big factor in the price of the set be the numismatic value associated with an intact, original 1936 set? Even if the coins aren't spectacular gems, isn't that offset by the fact this potentially is in Mint-issuance condition? >>

In answer to both questions - I don't think so.

In a situation like this, where the combined value of the coins is thousands of dollars, that far outdistances any potential (added) value for an intact "original" set. And, I haven't heard anything that leads me to believe there are any special/noteworthy "original" extras to/with the set anyway.

I recently saw a run of pre-1940 Proof sets in the original cellophane (and in boxes). The added value was nearly completely inconsequential. The value of the sets was determined by the quality of the coins themselves.

majorbigtime

<< <i>

<< <i>The norm was the cellophane sleaves stapled together and put in a box with tissue paper >>



The mint did not use boxes until they resumed proof set production in 1950. They did use the sleeves from 1936 to 1942, but the coins were not sold as "sets", they were sold as individual coins.

Russ, NCNE >>



I beg to differ with the professor of moderns and self-proclaimed expert (of "it's a legitimate estate sale" fame), but I've owned '41 and '42 prof sets in small cello envelopes and boxes (like the '50-'53s), so you, like Fonzie, are wrrrrooooong!!

Sequitur

The added value was nearly completely inconsequential. The value of the sets was determined by the quality of the coins themselves.

Thanks very much for the response. An important piece of information to accurately value the transaction.

Sequitur

so you, like Fonzie, are wrrrrooooong!!

Russ

<< <i>I beg to differ with the professor of moderns and self-proclaimed expert (of "it's a legitimate estate sale" fame), but I've owned '41 and '42 prof sets in small cello envelopes and boxes (like the '50-'53s), so you, like Fonzie, are wrrrrooooong!! >>



You don't have a clue, majorbigdoofus. If they were in boxes, somebody stuck them in there after they got them from the mint. Every authoritative source, and every book about mint production during the era clearly states that they did not use the boxes until 1950.

Russ, NCNE

my3cents

and away we go!

magikbilly

I agree with Russ. I don't think there were boxes until 1950, and the coins were sold individually."Cellophane" and "mint tissue" are among the materials used to package these coins. I have heard of the 1c, the 5c and the 10c being sold together.

Billy

Bochiman

Someone needs to do an emoticon based off the old "Rock 'em, Sock 'em Robots"
Especially for times like this....heh heh heh

kryptonitecomics

Mama said knock you out.........................it's on...........ding..ding......round 1 goes to Russ.....................and the next challenger is.....................

majorbigtime

<< <i>you don't have a clue, majorbigdoofus. If they were in boxes, somebody stuck them in there after they got them from the mint. Every authoritative source, and every book about mint production during the era clearly states that they did not use the boxes until 1950.

Russ, NCNE >>



Read Darktone's comment -- I guess our self-proclaimed expert on all matters numismatic thinks Darktone also has his head up his arse! That's two of us who say you're full of it based on personal experience.

Stay with your moderns Mr. Russ. You probably know what you're talking about there, if anyone cares.

ldhair

The boxes started in 1950.

As Mark said the value is in each individual coin.

IrishMike

I've been collecting 35-42 proofs off and on since the sixties. I've never heard of the them being sold other than in cellophane. This doesn't make me an expert, but I have discussed these coins with dealers and other collectors for many years. If you could convince someone this was an original set its possible to sell if for many times what it really is worth. As others have suggested the value really is determined by the condition of the coins. If you haven't been active in collecting them then I suggest before you shell out big bucks you have someone who is familiar with these and can grade them look at them.

There is nothing that would prevent someone from putting lower grade coins in a cardboard sleeve and calling this an original set. I would not doubt at all that this has happened with 50's mint sets. You see sets all the time where some of the coins that have been placed in these cardboard holders don't seem to fit with the others. It probably suggest that the high grade coins were cherry picked out of these sets and replaced. Caveat Emptor.

nwcs

<< <i>Someone needs to do an emoticon based off the old "Rock 'em, Sock 'em Robots"
Especially for times like this....heh heh heh >>

foodude

As far as the packaging for the '36 proof sets, I have never seen a set in the original packaging. However, I just did some checking in my library of coin books, and found the following on page 25 of "United States Proof Sets and Mint Sets" by Ron Guth and Bob Gale (published 2002):

Original Packaging: Each 1936 Proof coin was packaged individually in its own cellophane sleeve, then stapled together with any other coins from the order. The coins were wrapped in tissue paper and shipped in a variety of boxes or envelopes sized to fit the order. Original packaging for for 1936 Proof sets is extremely rare.

One could buy one coin, two coins, etc, or the whole set, etc., hence the reference to stapling other coins in the order together.

I also looked in a Breen book on proofs in 1977 or so, but did not find any mention of how 1936 proof sets were packaged. So the only info I found was the book mentioned above.

Does anyone have any other info the verifies or disputes this description of the packaging?

DHeath

There are a few sellers who advertise these sets, although this one will just broker one.

Link

Peaceman

Well, It will be interesting to see what exactly is for sale. I will post an update once I get some additional information from him (Hopefully some pictures too) I do not have any expertise in this area, so I'm cautious about the whole thing... His price is $7400.

Gemini

When I picked up my 1941 proof set some 30 yrs ago they were in cellophane sleeves stapled together in a gray box.

I bought them from a dealer so I don't know if this is they way they came or not.

The staple had rusted a while later and was affecting the quarters edge with dark tone.

The envelops also brittled and started cracking.

I thought it best to remove the coins and flat packed them in a Capitol holder and kept the original packing for the heck of it.

Many of these early proofs in cellophane developed a light whitish haze which made it tempting to dip or wipe and many were.

To find an nice 1936 original unplayed with set could take some doing.

relayer

Just follow coinguy1's advice.

IrishMike

I made a few calls last night and everyone confirmed to me that these were sold in cello and stapled together. This is similar to the 1950 proof set packaging. The issue price for the entire 36 set was a $1.89. I was also told that if you left the coins in the original packaging they turned black. I guess this is an instance where leaving them in original boxes was not a good idea. Another example of poor foresight by the Mint.

ksteelheader

<< <i>

<< <i>you don't have a clue, majorbigdoofus. If they were in boxes, somebody stuck them in there after they got them from the mint. Every authoritative source, and every book about mint production during the era clearly states that they did not use the boxes until 1950.

Russ, NCNE >>



Read Darktone's comment -- I guess our self-proclaimed expert on all matters numismatic thinks Darktone also has his head up his arse! That's two of us who say you're full of it based on personal experience.

Stay with your moderns Mr. Russ. You probably know what you're talking about there, if anyone cares. >>





Did smoebody step on poor Cary's toes???

darktone

<< <i>The staple had rusted a while later and was affecting the quarters edge with dark tone. >>

I have no problem with the quarters edge

mnmcoin

<< <i>I beg to differ with the professor of moderns and self-proclaimed expert (of "it's a legitimate estate sale" fame), but I've owned '41 and '42 prof sets in small cello envelopes and boxes (like the '50-'53s), so you, like Fonzie, are wrrrrooooong!! >>





So if you saw someone put a 1936 set and stored it in their a**, does that mean that they were all originally issued in a**es.

Pull your head out once in while, before you make a strong claim like the one you did...otherwise you avail yourself the true jackass you've always known you could be.

morris <><

mozeppa

lclugza

I would not buy a 1936 Proof set right now because I think it is WAY overpriced, especially due to the half dollar. I think greedy speculators have run the price up to double waht it ought to be. I'm afraid the price will crash soon.

Edited to fix spelling.

nankraut

Russ said:

You don't have a clue, majorbigdoofus. If they were in boxes, somebody stuck them in there after they got them from the mint. Every authoritative source, and every book about mint production during the era clearly states that they did not use the boxes until 1950.

keets

as posted by foodude on page 2:

As far as the packaging for the '36 proof sets, I have never seen a set in the original packaging. However, I just did some checking in my library of coin books, and found the following on page 25 of "United States Proof Sets and Mint Sets" by Ron Guth and Bob Gale (published 2002):

Original Packaging: Each 1936 Proof coin was packaged individually in its own cellophane sleeve, then stapled together with any other coins from the order. The coins were wrapped in tissue paper and shipped in a variety of boxes or envelopes sized to fit the order. Original packaging for for 1936 Proof sets is extremely rare.

One could buy one coin, two coins, etc, or the whole set, etc., hence the reference to stapling other coins in the order together.

I also looked in a Breen book on proofs in 1977 or so, but did not find any mention of how 1936 proof sets were packaged. So the only info I found was the book mentioned above.

Does anyone have any other info the verifies or disputes this description of the packaging?

taken from Breen's Encyclopedia of U.S. Proof Coins starting on page 225:

while Breen makes no mention of packaging, he does allude to "sets released, sold, or melted..........." and also makes reference to "Many sets have been assembled......." while starting his description of 1936 by saying "Proof sets were once again made for public distribution beginning April 28, 1936." it seems clear that sets were sold but that individual coins were also available, depending on what a collector may have wanted---"No minor proof sets are known to have been made, though individual proof coins were certainly sold outside sets."

logically, the coins would have been placed inside something and then shipped inside something else. why argue about this crap just because you guys don't like each other?? why choose sides just because you like one guy or don't like the other guy??

al h.

Newmismatist

Over 30 years ago I bought a 1942 6 piece proof set from our local dealer - I think he bought it from the original purchaser - the 6 coins were in very yellow, very brittle cellophane, all stapled together - and the staple was somewhat rusty. There was no box (but that doesn't mean that there couldn't have been a box). The six brittle cellophane holders had cracks and splits and the coins were in and old envelope, but not the envelope that they were mailed in from the mint. (I have seen original envelopes that the mint mailed mint sets in - I may even have a few.) Bottom line: The coins had to be removed from the cellophane as they were in danger of falling out - and dinged up edges and scratches don't add value to nice coins. If there are any 1936 "original" sets in their original cellophane wrappers, all I can say is: be real careful when you pick them up!

DMWJR

I'm with Manofcoins . . . we need pics.

keets

i think it's also relevant to the discussion that when the Mint resumed Proof production in 1950 they started using the same procedures they had used in prior years which resulted in initial production of non-Cameo coins with matte-like surfaces. it was almost as though they had to re-learn the art of "Proof-ing." isn't it reasonable to assume that they would have also returned to the same type of packaging?? the cellophane-and-staples seems to bear that out, so why not the boxes?? the only initial change in 1950 would be that individual coins weren't made available, only sets.

al h.

100proof1957

Newmismatist

<< <i>the cellophane-and-staples seems to bear that out, so why not the boxes?? >>



A wild a$$ guess: If you ordered 1-3 coins you got 'em shipped wrapped in cellophane in an envelope between a couple of pieces of cardboard; 4 or 5 coins (or more) probably in some type of "box" as it would certainly be easier to ship them in a box so no damage to the coins - were they in those little grey square boxes like the 50-55 sets came in? No clue.

originalisbest

Anyhoo, there will be no telling until you get to see the individual quality of the coins. I have my fingers crossed for you, all super gems! But who knows, the half, dime and cent might be ideal gems, the quarter a gem but with an errant hairline, and the nickel a noticeable spot on it.

Good luck!