Options
Price help on 52 Proof Set in unopened box
Louis
Posts: 3,687
I know someone that has several and was wondering what a good price would be. He also has a bunch of original Franklin rolls, but the only date I can think of off hand is 52d. A price on that would be appreciated also. The rolls are extremely nice, not in the original bank wrappers, but in plastic tubes with yellowed tape sealing them. The rolls and the proof sets look untampered with.
0
Comments
My thinking is I'll go 10% over ask for OBWs in original papers; at least on the tougher dated quarters and half rolls.....plastic tubes? I'd only go bid unless you really feel comfortable with the seller or can examine them first.
52-D Frankies are bid/ask at 140/155
That's my 2 cents.
Go BIG or GO HOME. ©Bill
LM-ANA3242-CSNS308-MSNS226-ICTA
Open the box and look before you buy.
Got quoins?
<< <i>Open the box and look before you buy. >>
You can't buy an "unopened box" and "open and look" before you buy. If the price for an unopened box is agreed to and you open it it is yours, period. If you insist on opening it first then the seller should have the right to change the price upward after it is opened and examined. the problem is that it doesn't compensate him if the set has problems and the buyer rejects it, because now he can't get as much as he could have if you hadn't opened it. So there should be at least an non-returnable fee for someone who insists on opening the set first.
<< <i>What is bid/ask on a 52 proof set? >>
However, if you can't resist, and you intend to pay a premium to buy the set just to open it up anyway, I recommend the following:
1) Agree with the seller on the price of the set and how much of the sales price represents the "unopened" premium.
2) Pay the premium.
3) Open the set only in the presence of the seller.
4) If it is as advertised, pay the balance.
5) If not, you're only out the premium.
6) Seller keeps his set to now sell as opened.
The flaw in the process above is that an unethical seller will repeat the process just to collect the premium. But if you have to have an unopened set, you need some protection.