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1936 through 1955 Proof and Mint sets

BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
In short, I may have the opportunity to buy some proof and mint sets, 1936 to 1955 complete X2. Most are in the original packaging; I've not yet seen them (a 3rd party is involved with the estate). It looks like I may have to pay about 10% back of Graysheet bid, relatively sight unseen. As they are all (supposedly) original, undipped specimens, is 10% back reasonable? Or should I invest my money elsewhere?

Comments

  • Ill gladly take the 1936 through 1940 for that...


  • DeadhorseDeadhorse Posts: 3,720


    << <i>In short, I may have the opportunity to buy some proof and mint sets, 1936 to 1955 complete X2. Most are in the original packaging; I've not yet seen them (a 3rd party is involved with the estate). It looks like I may have to pay about 10% back of Graysheet bid, relatively sight unseen. As they are all (supposedly) original, undipped specimens, is 10% back reasonable? Or should I invest my money elsewhere? >>



    Yes.

    I'd take everything available at that price.

    The older proof sets, say 1951 and back are getting rarer and rarer and to find, such a batch in the original packaging seems almost too good to believe.

    I'd jump on that in a heartbeat. You say times two? If it's a financial strain, sell the second sets and get yours for even less.
    "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
  • sinin1sinin1 Posts: 7,500
    whats greysheet on the '36? 6K?
  • cohodkcohodk Posts: 19,217 ✭✭✭✭✭
    Buy them all.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • TheRavenTheRaven Posts: 4,143 ✭✭✭✭
    Buy everything and keep the better of the two and sell the others.....

    Wow that would be a sweet deal, them 36's are expensive.....
    Collection under construction: VG Barber Quarters & Halves
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    As potentially interesting and exciting as this sounds, I believe that some caution is advised.

    First, we don't know which sets are in their "original packaging" and second, we don't know their QUALITY. Also, "original packaging" to one person isn't necessarily "original packaging" to another and it does NOT always equate with QUALITY. Yes, a 1936 Proof set at 10% back of the current $6000 "bid" can be a bad deal.

    The sets might be good deals, great deals or just ok deals, depending upon the quality. There is nothing wrong with viewing them BEFORE making the decision to buy them.image
  • nankrautnankraut Posts: 4,565 ✭✭✭
    "The sets might be good deals, great deals or just ok deals, depending upon the quality. There is nothing wrong with viewing them BEFORE making the decision to buy them"

    More good advice from Mark Feld. Sounds like a great possibility to me, but I definitely don't like the "sight-unseen" part.image
    I'm the Proud recipient of a genuine "you suck" award dated 1/24/05. I was accepted into the "Circle of Trust" on 3/9/09.
  • TheRavenTheRaven Posts: 4,143 ✭✭✭✭
    I would say I would agree to a deal with the caution that since we are talking some nice scratch I need to see the coins before finalizing the deal.....

    If they would not agree to this caution is definitely in order.....

    I guess I took this as a given, but.....
    Collection under construction: VG Barber Quarters & Halves
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>As potentially interesting and exciting as this sounds, I believe that some caution is advised.

    First, we don't know which sets are in their "original packaging" and second, we don't know their QUALITY. Also, "original packaging" to one person isn't necessarily "original packaging" to another and it does NOT always equate with QUALITY. Yes, a 1936 Proof set at 10% back of the current $6000 "bid" can be a bad deal.

    The sets might be good deals, great deals or just ok deals, depending upon the quality. There is nothing wrong with viewing them BEFORE making the decision to buy them.image >>



    Wise advice. I may be able to get them on the arm (or at least a few) and drag them down with me to LB. I have now been told that I will have all of the time I need to look at them; further details to follow. What is scaring me now is that the estate has some high end darkside - BU 19th century Crowns - that I know zip about. I'm thinking of referring the darkside off to a specialist or just backing away entirely from the darkside image.

    Would the early Walkers be walkthrough candidates if they are nice - or am I better off to keep the sets together?

    As far as packaging goes, I won't know 'til I see it.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Would the early Walkers be walkthrough candidates if they are nice - or am I better off to keep the sets together? >>

    Depending upon the dates and quality, they might be, though I see no reason to spend the extra $ required to have them graded that quickly.
  • TheRavenTheRaven Posts: 4,143 ✭✭✭✭
    I would think if they are completely original that would bring a nice premium from that type of collector.....
    Collection under construction: VG Barber Quarters & Halves

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