Do proof sets hold more value complete or are better off to have each coin graded ?
Edchildress
Posts: 34 ✭
I have a 1975 proof set which seems to have all the coins in a wonderful deep cameo condition
Is it better to leave it intact or get each one graded ?
0
Answers
@Edchildress . Do you have much experience grading and recognizing high grade/top pop prooof coins? That is what it takes to answer that qwuestion. james
Save your money. Don't waste it on grading fees for common coins like those found in 1975-S proof sets.
They would need to be exceptional and flawless coins in Proof 70 grade and DCAM.
Personally, I enjoy the pursuit and grading process.
It can be a form of tuition we all must pay. It is educational.
I will not pay up for proof or mint sets.
Temper expectations and submit them individually.
I have been humbled many times and hit the occasional profitable home run.
The flip side is to buy the grade you want. Let others take the risk. Hold on to the set as is for a future submission
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Ground outs and pop fouls keep me in the AAs.
There are other less costly, more productive ways to pay tuition.
And the odds are strongly against profiting by paying the frees to have such a set graded.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
In order to get that scenario to work would be if you get two or three Proof-70 Deep Cameo coins. If you were to get that, you would need to find buyers, perhaps in eBay. It’s not hard as winning the Power Ball Lottery, but the odds are not great.
Don't waste your money on grading fees.
The price guide is just a guide.
As stated above, how many people are looking for a 1975s coin in PF 70 other than maybe three people on the planet.
You can buy PF68 and PF69 coins for the entire set for less than the membership, shipping costs, and fees.
Compare the purchased coins to those in the set.
Basically how I hit a pair of top pops in Quarters.
I had cut my teeth on other submissions, and had some experience. Tuition had a paid for a self built grading set to compare... lol
Grading is fun and can pay for itself. Moderns are easy to find, cheap to purchase, and very little competition.
I am guilty of knowingly purchasing sets for one coin that is stupidly perfect, but will never pay for the fees.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Only time this is worth anything, IMO, is if the proof set is older such as 1953 and before. Otherwise, grading individually will net you more.
No need to grade them. Proofs after 1970 or so are expected to have deep cameo.
Collector, occasional seller
Thank you everyone
@Edchildress. Now that you have taken some interest in coins I hope you wil stick around and read some of the posts here. There is a wealth of information here and around the internet just waiting your discovery. Good luck no matter what you choose to pursue in the future. james
I like them for my junk box.
1978