Should I break up this Proof Set or keep it intact?

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mach1drvr
mach1drvr Posts: 27
in U.S. Coin Forum
Here are pix of a 1983 proof set that I have. Should I break it up or keep it intact. The PCGS Price Guide Seems a little light on the intact set...but I think the indivual coins may grade better. Any thought?

image
image

Thanks for the input!

-Tom

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image Knowledge is good....Faber (1962)

Comments

  • Myqqy
    Myqqy Posts: 9,777 ✭
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    Why would you break it up?? image
    My style is impetuous, my defense is impregnable !
  • Cam40
    Cam40 Posts: 8,146 ✭
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    nice set
    i,d leave it intact myself
  • mach1drvr
    mach1drvr Posts: 27
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    I should have mentioned that I have multiple sets of these. I was thinking of breaking up one or two of the sets and getting them graded.

    Thanks for the feedback!

    -Tom

    ----------------------------------------------------------------
    [IMG]http://www.whitefoxxlive.com/darthtater.jpg[I/MG] Knowledge is good.... Faber (1962)
  • airplanenut
    airplanenut Posts: 22,766 ✭✭✭✭✭
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    It's probably cheaper to buy a set of those in 69DCAM than to go and submit the set... plus, if you submit, you aren't guaranteed anything...
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • itsnotjustme
    itsnotjustme Posts: 8,789 ✭✭✭
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    When I was young I once cut up two proof sets because the value of the five proof coins totalled more then that of the 1 proof set. Luckily the mistake was only on a 1961 & 1962 proof set!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • PuddlePirate
    PuddlePirate Posts: 728 ✭
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    Ah what the heck, roll the dice and take a hammer to it. image
    "Any fool can use Power, but it is our wits that make us men."

    Collecting Penguins, Named Ship Coins and other assorted goodies

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  • clackamas
    clackamas Posts: 5,615 ✭
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    I guess it depends on you motives. I fyou want to sell them right ow PF69DCAMs would be the best, howvere there is no guaranee that you will get that, infact I would bet against it. ???? I have a dozen of these looing ver similar. I wish you the best.
  • IrishMike
    IrishMike Posts: 7,737 ✭✭✭
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    Usually it doesn't make economic sense unless you hit a homerun on one or more of the coins. The grading fees will eat up any profit as there are dozens of them out their for sale in slabs. Best bet is to put in on Ebay, hype up the cameo, hope someone will purchase the set for a ridiculously high amount, submit the coins themselves and then come here and complain how tight PCGS has become. It is a scenario played out time and time again. Of course you could get lucky if you have a good eye for the coin and what in will grade.
  • mercurynut
    mercurynut Posts: 3,207
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    I might break up one of the sets.
  • eminem
    eminem Posts: 258
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    Common set......keep it intact.!!
  • CarlWohlforth
    CarlWohlforth Posts: 11,074 ✭
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    I would only break up a set if I could profit on it because the sets do look much nicer in the original packaging in my opinion.

    It is very doubtful you can profit by breaking up a 1982 proof set. You need to figure in the costs of mailing to PCGS both ways as well as the grading fees. There is also a real risk one or more of the coins will not grade PR 69 DCAM. There is also the reality of what those coins go for in PR 69 DCAM. Check eBay for prices of completed auctions rather than a dealer's website or the PCGS price guide as eBay prices are what you are likely to get if you sell. Do the math and I doubt you will break up the set.
    Carl's Coins website w/ links to Carl's auctions
  • PTVETTER
    PTVETTER Posts: 6,136 ✭✭✭✭✭
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    Leave it together
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • Coinhusker1
    Coinhusker1 Posts: 3,560 ✭
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    What the others said. If you want to sell, just sell the sets intact, save you time and money on submissions. If you want 69DCAMS, buy them from someone else -- you can probably get them for not much over the grading fee (maybe even less than the grading fee), and you save the time!! Also, when you submit them yourself, your run the risk of 68DCAM or less, which are worth $5 each on a good day.

    Most 83 proofs submitted are going for 70DCAMS, so when they come back 69DCAM, they flood the market and may sell for less than the slabbing fee (which is $14 per coin, plus shipping both ways).
  • relayer
    relayer Posts: 10,570 ✭
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    Unless you can get a PR70DCAM, there is no reason to submit any pre-1973 proof sets (except some Eishenhower proofs)

    Those coins look far from 70's with some haze and toning. It would probably bring $3.50 on eBay

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  • rainbowroosie
    rainbowroosie Posts: 4,875 ✭✭✭✭
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    Keep as is.
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • JRocco
    JRocco Posts: 14,277 ✭✭✭✭✭
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    Why would you want to break it up? Add up your slabbing fees. then see the retail on what the average grade for those proofs are selling for, then hit yourself (gently please) on the side of your forehead and say "SHEESH - what was I possibly thinking", then put the intact set away, open a beer, and enjoy a days worth of football.
    Some coins are just plain "Interesting"
  • Steve
    Steve Posts: 3,312 ✭✭✭
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    Keep it as a proof set. The only time I would recommend breaking up a proof set is if one of the coins in the set is independently very valuable such as the "no S" cent, nickel or dimes. Those coins NEED to be in PCGS or NGC holders to guarantee their future value against deterioration. Steveimage
    My True View Album

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  • Russ
    Russ Posts: 48,514 ✭✭✭
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    << <i>Unless you can get a PR70DCAM, there is no reason to submit any pre-1973 proof sets >>



    I assume you meant post 1973 sets?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC

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