How much would you pay for a sealed....
tizofthe
Posts: 1,358 ✭✭✭
I see lots and lots of sealed white boxes of Carson City dollars. My question is: how much is a reasonable amount for these. Second, are these legit? Is there a way for someone to open then reseal without anyone knowing in turn cherry picking though sealed boxes.
You thoughts
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Nowadays, the word, sealed is a misguided definition. Just as, the word, unsearched. One has to take these descriptions with a grain of salt. Be very careful not to fall for some tricks of the trades ploys. (sorry for all the clichés) Make sure you do your homework before purchasing! Once again, referring to school because this business, we all are in school. Learning something new everyday. -joey (one of many teachers here, also as a pupil myself sometimes)
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Do you really think someone is giving away something for next to nothing?
I get folks using the word unsearched, still sealed..like rolls of Morgan's... yea right. Who would sell unbroken rolls with the chance of their being a rare goodie inside. But I know nothing about the sealed boxes of Morgans so that is what I'm trying to figure out.
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Second question, no.
Since when did the mint or the Treasury seal Morgans into white boxes?
It wasn't the mint or treasury. It was GSA. They sealed them in groups of 5 (white boxes) during the 1970s and 1980s sales. The cover box was usually blue. Inside the blue box were the 5 SEALED white boxes. Other colors for single boxes include blue and white/beige (though the beige just might be age), typically with affixed shipping labels.
No, there is no good way to re-seal the box, without showing some level of tampering, as the cardboard frequently creases when it gets opened (and the glued surfaces get torn). If you ever see one that has any creases on the large flaps, or prying on the end flaps, stay away. I have only seen one that someone had tried to re-seal.
I have opened a number of these sealed GSA CC boxes (one was on my BST thread for a while, and I included 3 dollars that I HAD opened - two were 63, one was a 64+). All of them have been legit. Another way to tell -- believe it or not, smell. The smell, particularly when opened, has a distinct odor of age. Frequently, the included GSA card in the following GSA black box that houses the coin is also yellowed with age.
Reasonable amount? Who knows? I've seen them go as high as $1200 each, as low as $300. Seems like the average price right now, depending on whether or not you trust the seller, is around $500.
Years ago I bought several sealed boxes from GSAGuy.... none had been tampered with... and they were more reasonably priced then.... Cheers, RickO
Question is, has anyone ever found a monster toner or key date in a "sealed" GSA on eBay?
SurfinxHI - thanks for the in-depth information. Another eson why I asked the question. I purchased one 1/10 gold Mercury dime from the mint. I was leaving on vacation the next day to the outer banks where at the time it was very hot and humid.. I tossed the box into my luggage to give me something to do during my downtime. To my surprise, one of the top flaps was wide open when I took it out of the luggage. It must have came unglued form the high humidity beause it wasnt that way when I put in there. That being said. Is it possible for someone to get into the box with something like a hair dryer or ? without leaving creases. Sorry to sound so paranoid but this willbe my first GSA purchase from a sealed box and want to avoid getting burnt. I did my research from the sellers end. Thanks again
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@joeykoins
' Tricks of the _trade _' ploys.......................I like that pun
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I found this in a sealed box. That said, someone else found one with a price sticker on it!!! HAHAHAHA!!
Be very cautious when buying these. I opened a couple of sealed GSA's(4) that I owned over ten years. Two were very nice, a 64 83-CC.& a66 84-cc, the other two were both dogs, the worst looking GSA's I have seen. One of these two had a sticker on the reverse of the holder with a dealers code on it. All these boxes looked and (smelled ?) perfect, but obviously had been tampered with. Oh the other coin without the sticker was a 83-cc but the card was a 84-cc card
Rainbow Stars
There were millions of 82 ,3 and 4's and most are 63. So, the odds are extremely small that you will get anything else. I think that I calculated that the odds of any other date was .005%. So, go for it!
Oh and yes they can be opened and then resealed. I've done it just to prove to myself it can be done. I used a butter knife and was extremely slow and patient. Hot glue resealed it just fine.
bob
Perhaps if someone has one they could open they could film it. I no longer have any.
Tricky question. The answer depends heavily on knowing the person selling and who the prior owners might have been.
Bought a couple from GSAGUY, but it is a bit of a gamble. Also, it depends on your intentions, whether to open it or leave it sealed.
Nowadays, you can't expect a "real surprise" inside, like the old Cracker Jack boxes!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.That being said, if I opened the one you re-sealed, it would have two glue lines. Again, evidence of tampering, and I'd ask for a full refund. Of course, that means I'd have to have opened it. While perhaps technically not impossible to open and reseal, I believe that evidence on the outside would show. And I'd stay away from it.
Anyone want to place bets on whether or not these have been tampered with?
And the odds aren't as terrible as AU and AG puts them particularly if you consider PL and DMPL coins. My calculations are about 1 in 10 should be PL or DMPL.
The odds increase if you know when the box was originally purchased from GSA as well. A "mixed" box (GSA label) of 5 just sold at GC for something like 4K not so long ago.
@Wabbit2313 ....That is a beauty.....
Of course they can be opened and resealed.... Can it be done so it is undetectable? No doubt....most probably cannot, but it certainly can be done. Cheers, RickO
The boxes with the mailing labels intact would make me real comfortable. But, those shipped without (like inside a box of 5) had no labels and those would be suspect to me.
bob
Unopened GSAs are the very definition of a crapshoot IMHO.
As others have observed, an unlabeled beige box is almost always an 1884-CC. An intact mailing label is almost a guarantee of an untampered box (as this one):
(No, I'm not going to open this box - I'm having more fun owning it as is).
I wouldn't buy an unopened GSA off of eBay unless you know who is selling it - even then, they could be fooled unless they've spent lots of time with GSAs.
Nice box! If you ever get bored with it, let me know!
Nice box of 1884's.... never know what might be inside as far as quality..... I admire your will power... I always opened the one's I purchased... just had to see them. Cheers, RickO
With my luck they would be MS61's
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Those sealed boxes with labels are clearly good. It's the individual boxes that come out of the 5 coin larger boxes that can be resealed. Not sure how, but they can be done and look real
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Finest Toned Ike I've Ever Seen, been looking since 1986
The fraudulent world today is so sophisticated anything is possible! Unfortunately, we as collectors, have to watch and be on our toes at all times. In order to get a fair shake in our coins that we seek.-joey
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.I found this in a sealed box. That said, someone else found one with a price sticker on it!!! HAHAHAHA!! this works to once and a while.
I've never been one to buy a pig in a poke, so not interested in unopened coin packages, nor lotto scratchers.
I have been known to enjoy a Cracker Jack once in a while, but of course, the prizes used to be metal, then plastic, now paper.
Liberty: Parent of Science & Industry
@ProfHaroldHill...Great information..... Thanks, Cheers, RickO
If I can't see the item or view it enough to make a decent assessment as to grade I am not a buyer or bidder on it.
People get ripped on the bay every day on the something for nothing fantasy.
On something like that assuming I could get an idea of weight - $20 is most I would wager even if that.