breaking up proof and mint sets
Hi, I've recently gotten back to filling in some of my modern coin books. Rather than using the Whitman albums, or others, I've been placing my coins into 2x2 cardboard and mylar holders and putting them into vinyl holder pages. In order to have all of my coins together as a series, I was thinking about breaking the coins out of my proof and uncirculated sets. This way, I could have all of my state quarters together (uncirc, clad proof, silver proof), all of my jefferson nickels, kennedy halves, etc. I have proof sets back to the 1950s and uncirc sets back to the 1960s so far.
Is there some reason that I should NOT break up these sets to create sets of individual series? I was thinking that they are more enjoyable when each series is together. The only draw back that I can think of is that I would not be able to sell sets year by year any more, but this doesn't really bother me...
Thanks for your insights!
Eric
Is there some reason that I should NOT break up these sets to create sets of individual series? I was thinking that they are more enjoyable when each series is together. The only draw back that I can think of is that I would not be able to sell sets year by year any more, but this doesn't really bother me...
Thanks for your insights!
Eric
EAC member since 2011, one third of the way through my 1793 large cent type set
0
Comments
I’ve seen countless numbers of Proof coins go bad after they were removed from their mint sealed holders. The reason is that most coin albums and holders, including cardboard 2x2s, have impurities in them that tone the coins and lower their value.
If you want to crack the coins out of their Proof set holders or cut them out of their mint set packages, go ahead if it pleases you. But bear in mind that doing will probably cost you money.
<< <i>I've been placing my coins into 2x2 cardboard and mylar holders and putting them into vinyl holder pages. >>
Those vinyl pages are a very bad idea for storing proof coins.
Russ, NCNE
Why are vinyl pages bad for proof coins?
<< <i>Why are vinyl pages bad for proof coins? >>
Because they leach contaminants and haze up the coins.
Russ, NCNE
Eric
Russ, NCNE
<< <i>While you are correct in your assertion that the sets would be more enjoyable to view from a collector’s perspective, the financial and storage ramifications would prompt me not to do it. Most modern Proof singles, with the exception of slabbed pieces with very high grades one them, like PR-70 Cameo, are “one way” purchases. Collectors buy them to put them in sets or crack then out of sets, and then really have no hope of ever getting all of their money out of the coins ever again. In other words you usually can never sell these coins for the price you paid for them or value they would have had in a mint sealed Proof set.
I’ve seen countless numbers of Proof coins go bad after they were removed from their mint sealed holders. The reason is that most coin albums and holders, including cardboard 2x2s, have impurities in them that tone the coins and lower their value.
If you want to crack the coins out of their Proof set holders or cut them out of their mint set packages, go ahead if it pleases you. But bear in mind that doing will probably cost you money. >>
There is an active market in BU and proof singles and rolls. Most of the sets are worth more
apart than they are together. While selling the singles might be a little problematical, it's cert-
ainly easy enough to sell rolls and complete modern sets. It should be remembered (especially
with the rolls) that poorly made or tarnished coins will be rejected. Usually this is around 5%
of proof set coins and 10% of mint set coins but can be as high as 50% on '76 tI Ikes or 100%
on '68 cents.
You might want to compare the value of the set with the value of the coins in it. As BillJones says;
this can be expensive for some dates. This would include many of the pre-59 and post-'92 proofs
as well as the '95, '97, and '99 mint sets. Otherwise it i actually profitable to destroy them. You can
always order the singles of those that are too expensive to cut and pay for it by selling the sets.
Russ, I saw the intercept 2x2s, but I did not see any pages that would hold them. It would seem that this is the best option next to leaving them in their original packaging..
Thanks,
Eric
Russ, NCNE
Eric
and place them into intercept 2x2 along with their storage boxes.The other coins are placed in regular hard whitman 2x2
with intercept storage boxes.
Protection from the elements is the main idea and the casual inspection of the coins from time to time is what I am looking for...