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Mass proof/mint sets. What do you do with them?
CommemKing
Posts: 2,202 ✭✭✭✭✭
I appraised a coin collection for a friend this week and unfortunately it was just about every proof and mint set since 1973 thru 2011 with many duplicates all in original packaging. I gave the collection a value opinion but how can this guy get rid of such a large, uninteresting, collection? It's worth about $1,800. I just don't know if there is a market for it. I was thinking a coin auction selling it as one lot. I just don't know. Please help this poor guy
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Buy cheap is all I say
be varieties or errors in there.... otherwise, will be tough to move...Cheers, RickO
On another note, I don't get why people buy this stuff from the mint at a premium. Its basically pocket change in a pretty package. Damn the mint!
I'm glad they aren't mine. My client isn't to happy in his father's investment. Kinda sad. They need they money so he can be moved into a nursing home. I don't think this stash is going to help much.
On another note, I don't get why people buy this stuff from the mint at a premium. Its basically pocket change in a pretty package. Damn the mint!
If they weren't so despicable they would have simply quit making pretty pocket change in 1965 or at the very least discouraged people from buying the junk.
...Or maybe it's just a question of perspective. Maybe if so many people weren't buying junk they didn't enjoy then the mintages would be low enough that the prices wouldn't drop during a recession.
Yeah, it is the mint's fault!
There are. Close to 5 of everything. There are some prestige proof sets and bu mint rolls of 50c too.
.. most sets in that era aren't worth much..At a local coin show . collector offered 60 proof sets.. was insulted when I quoted prices for sets at $2 . $3 ..$4..$5 ..$6 for some Proof set years ..Silver sets a different game
Put them in 2 x 2 holders, place them into a container (where they are not visible) and sell a "pick for a buck" a piece.
We did this at a local coin show and it went over really well.
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The nice people on eBay only want to pay a little over face value though, unless they are silver sets.
You can sell them individually as well, but if you look on eBay, proof sets are a dime a dozen.
On the 1971 & 1972 sets, check the Kennedys. If you have any 69 DCAM's they are worth sending in to PCGS.
I bought a similar collection in 2012 from the son of an older gentleman who went on huge late night buying binges from HSN and Coin Vault. The son gave me all of the receipts with the collection and it pained me badly to look at the thousands of dollars instantly turned to hundreds of dollars.
Too many positive BST transactions with too many members to list.
That is what, in other circles, may be called a 'White Elephant'....of course, there could
be varieties or errors in there.... otherwise, will be tough to move...Cheers, RickO
Yeah, just as Ricko stated, Your best option to make some real cash is to check closely for errors/varieties. Who knows, one good pick or two, can make a world of difference? Good Luck.
"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."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.The buy price used to be 15 to 20 percent off of Gray Sheet bid. If you take tables at the small shows, you might get the bid price for them from collectors.