I picked these up recently for $12 a pack
Coinscratch
Posts: 11,142 ✭✭✭✭✭
Should I be cutting these open and sending off for grading? Already opened one couldn't help myself. I about freaked when I saw what a sms nickel sells for. Then I read that sms was only 1965 to 1968 and these 
are 61 & 63. Somehow the pack I opened had a 62 instead of 61 penny.
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cameonut2011
Posts: 11,076 ✭✭✭✭✭
No. I would leave them alone in the original proof set packaging.
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Paradisefound
Posts: 8,623 ✭✭✭✭✭
Welcome to the platform.....you can learn as much as you wished if your heart is in the numismatic
Good pick for the price of learning and I would keep it as is for now until you know more individually
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PipestonePete
Posts: 1,987 ✭✭✭✭✭
@CoinscratchFever said:
Somehow the pack I opened had a 62 instead of 61 penny.You say that the cent in one of the 1961 sets was dated 1962? If so, it's unfortunate that you cut that set open. I would think that would have added a nice premium to the value of the set.
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SanctionII
Posts: 13,256 ✭✭✭✭✭
Welcome to the forums.
Cameo proofs from 1936 to 1942 and from 1950 to the early 1970's are a fun area to collect. It is a niche area of the hobby. Some forumites play in this part of the hobby pool, including me, Keets, Cameonut, Modcrewman and others.
Cameonut and Modcrewman have top flight Registry Sets of these coins, with photos. Take a look and be amazed.
Search prior threads on these coins and read them. Read some of the books published on these coins.
If the hobby bug for this area bites you, there is no cure.
Educate yourself before you spend significant money on these coins.
One can purchase slabbed coins that have already been graded and given a Cameo designation. Prices for these coins will be higher than prices you will pay for raw coins that have a Cameo look and have to be submitted for grading.
It is always fun to cherry pick a raw Cameo proof or SMS coin that is a lock Cameo or DCAM and that is high grade.
Have fun with the hobby.
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OptionsSanctionII
Posts: 13,256 ✭✭✭✭✭
P.S. also learn about and look out for varieties in this area. There are many, some of which are valuable, including the 1961 DDR half, the 1956 Type 1 half and 1964 Accented Hair half dollar, especially Cameo examples of same.
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OptionsSanctionII
Posts: 13,256 ✭✭✭✭✭
At the top of the page go to the "PCGS" Quick Link. Click and that will take you to the Home Page of our host. From there click on "Set Registry" and navigate from there until you get to "Proof Sets 1950-1964" Click that link and it will take you to the listing of the sets. Modcrewman's is titled "Modcrewman". Cameonut's is titled "CGM III".
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sparky64
Posts: 7,065 ✭✭✭✭✭
Welcome @CoinscratchFever .
This is a link to one of the many PCGS Proof set Registry sets which has some of the mentioned sets.
From here you can go anywhere on the Registry site and look all day and night if you want.https://www.pcgs.com/setregistry/u-s-coins/proof-sets/1950-1964-proof-set/384
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress1
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Thanks!
Welcome to the forums. $12 is a very good price - nice score. Unless you have a well-trained eye for quality, submission would not really be a viable option.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Welcome, you got a great deal, congratulations
The coins from the set you cut open should be put in individual flips to prevent scratches. Careful with handling because they can hairline very easily. Hold by the edge so they don't develop your fingerprints.
What you purchased are extremely common date proof sets. The price you paid isn't bad given the current price of silver.
That said, do not waste your hard earned money by having such common coins graded. Unless you actually want those sets for your own collection I would try and flip them for a quick profit just as is. Leave the unopened packs unopened.
Thanks everyone for your replys. When I first got in this I was thinking profit, big score, moneymaker and all that. But now I'm realizing that when I do score big I will have a very hard time letting go. After all, I spent almost nothing and now have a tangible asset. And of course some coins are just majestic. All that being said, I may pluck the best 2 or 3 and slab for my very young collection... Good luck All!
I want to say those usually cost $18-$22 a set. You got a good deal. Not sure what you mean about SMS nickel price though, unless you looked at 1964. The '65-'67 special mint sets can be had for less than $10 usually.
Collector, occasional seller
Retail is $17-20
Not worth grading
Fun stuff but also very common.
bob
Nice pickup for $12 per set. Remember the real definition of rare is usually "you don't have it". Welcome.
You apparently got a very good deal on generic silver proof sets (without the envelopes?), but I wonder where this inclination to start slabbing everything is coming from. If you want high grade common proof coins it seems to me you are far better off buying them already slabbed. Dealers get discounts on volume grading/slabbing, and on the secondary market you can also buy other peoples' "mistakes" (slabbed coins that were not worth the cost of slabbing).
Anyway, have fun, but be careful about being swept up in any hype.
P.S. - I can look at early 60s proof sets all day long. Common or not, they are nice sets to see.
Maybe the hype is coming from HA where I see 1963 50c pr70 selling for thousands and lots others selling in the 100s. Are those coins from another planet??? I picked up more today from another jeweler/coin shop & I'll post later. And I'll let ya'll educate me somemore. Thanks
I will not bother to give any tips as they are on it already but welcome aboard!
I'm all ears CRH4LIFE.
JBK- They don't make pr70s anymore or what LOL
There are some experts here on high grade Franklins, etc. who can weigh in with what it takes to get into that stratosphere. I personally figure those coins will never come my way so I just enjoy them as if they are not priceless.
But, I suppose a stray PR70 could land in my lap someday.
Another area I don't follow too closely is cameo on these proof coins. If you are lucky enough to get one that can be a small payoff. I am assuming that most sets have been picked over by now but maybe you will luck out and an old "fresh" set will make its way to one of your sources. It could happen....
True JBK, the way I see it is this. There were so many many millions made that, there still must be many many more to find!
As a new collector I am just beginning to recognize sources. I can tell you that I have started with the obvious places a person could lose a valuable coin, pawn shop, coin shop w/a clueless employee (which probably doesn't happen often), and the obvious pouring through thousands of fed rolls. All of which are happenstance (hence the following pics.)
And the places I feel like I need to invest time in, would be garage sales and estate sales. And I sometimes wonder about couches, cars, and coin machines from the past. What could you suggest? Oh did I mention old or dried up wishing wells, I have an AT Pro but haven't had time to research my areas history.
I picked these today for 123.00 then another 36.00 for the Eagles. Let me know what you think!
@CoinscratchFever ...Welcome aboard and welcome to coin collecting. You are presently afflicted with the coin collecting fever....and being new, you seem to be acquiring volume rather than quality... Nothing wrong with this, many of us did the same when starting the hobby. I suggest you get a Redbook, build a library of online sites to study (this is a great site with many top notch experts), start to look for an coin or series that really attracts you and focus there for a while - we all branch out as we go along. Good luck, and keep us posted on your activities. Cheers, RickO
I found the missing 61 penny I had it mixed up. I need to organize today.
Thanks Ricko and Yes I do feel a bit feverish. I think I learned a little bit about cameo last night and fever has gone up this morning. I'm pretty sure I have a few. I'm thinking Cameonut might be the authority on these beautiful coins with dark shadows. Yes, I'm blindly buying everything in sight but I always sprinkle in some silver so I have value building. Next week, usb camera and red book, but right now I have to go back through all the sets I've been buying to see if there is more CAMEO OMG!!!
Don't forget, on modern proofs (late 60s ,early 70s not sure where the line is), cameo is normal.
Thank You SanctionII! How do I find someones collection? I assume go to their profile?
Very cool, Thank you.