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Question regarding buying the 25th anniversary set for investment-should they be left sealed in the

PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭
I read they are worth more if they are left sealed in the original shipping box. Why is that? Is there a perception that they've been picked over if the box has been opened? If the box is open and the coins are flawless and look perfect, I would think they would be more desirable to a dealer especially if these coins start to spot like previous ASE issues. Thoughts?

Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire

Comments



  • << <i>I read they are worth more if they are left sealed in the original shipping box. Why is that? Is there a perception that they've been picked over if the box has been opened? If the box is open and the coins are flawless and look perfect, I would think they would be more desirable to a dealer especially if these coins start to spot like previous ASE issues. Thoughts? >>


    I believe they have to be in a sealed box for 1st Strike designation.
  • morgansforevermorgansforever Posts: 8,462 ✭✭✭✭✭
    People are willing to take the chance, plus they're eligible for the 25th designation, in an unopened box.
    On the flip you could get dogs, or you could get gems. To each his own.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • ajmanajman Posts: 1,359 ✭✭✭
    I think you answered your own question in regards to being worth more sealed. Check this out
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭


    << <i>I think you answered your question in regards to being worth more sealed. >>



    Did you see what I said about the sealed box possibly containing milk spotted coins? In my mind it's not that clear of an issue.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ajmanajman Posts: 1,359 ✭✭✭
    I think that is the risk of keeping them sealed that people are willing to take.
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • CCC2010CCC2010 Posts: 1,997 ✭✭✭
    Doesn't the milkspot issue happen only after the coin is slabbed? That is why i remember an offer of a reward money on how to solve this problem? Or does it happen even if the coin is kept raw in a sealed us mint box?
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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,404 ✭✭✭✭✭
    Buy the coin, not the hype. Forget the investment... and if you're thinking of investing, might I suggest something less volatile like pharmaceuticals or food ? Not silver with a "label".
  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭


    << <i>Doesn't the milkspot issue happen only after the coin is slabbed? That is why i remember an offer of a reward money on how to solve this problem? Or does it happen even if the coin is kept raw in a sealed us mint box? >>



    My understanding is that milk spots can occur on both raw coins and on slabbed coins. It's the milk spots that occur after slabbing that costs the grading services money.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BillJonesBillJones Posts: 34,133 ✭✭✭✭✭
    This dumb idea ranks up there with Proof sets from the '50's and early '60s that are more desirable if they are in mint sealed boxes or envelopes. If you are never going to look at the coins, then why buy them?
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • With only two of the coins from the set eligible for the 25th Anniversary pedigree once it's opened, sealed sets should easily bring double what opened sets do once they start shipping. The sleeper of the 20th anniversary Silver Eagle set was the 2006-W uncirculated coin. That coin with the NGC blue 20th anniversary label from the Gold & Silver 2-coin set was bringing $2,000 in MS70. Unfortunately PCGS didn't differentiate between the 2-coin Gold and Silver set and the 3-coin Silver Eagle anniversary sets, so the same did not apply to PCGS graded coins. With the 25th anniversary sets, the bullion coin should be the sleeper with only a small percentage of the 100,000 eligible for the 25th anniversary pedigree.
  • TheRavenTheRaven Posts: 4,143 ✭✭✭✭
    All I know is I collect coins not labels and boxes.....

    Collection under construction: VG Barber Quarters & Halves
  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭


    << <i>This dumb idea ranks up there with Proof sets from the '50's and early '60s that are more desirable if they are in mint sealed boxes or envelopes. If you are never going to look at the coins, then why buy them? >>



    Agree with your logic but we're discussing investment here. For some reason sealed boxes are worth more. I think the biggest reason is that they need to be submitted in sealed boxes to get the special 25th anniversary label from the grading companys since three of the coins can be bought outside the sets.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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