Did you read the article about the Prestige Proof Sets in CW?
Longacre
Posts: 16,717 ✭✭✭
Did anyone read this article. In the article, it quoted a very large dealer who claims to sell tons of these sets to European collectors. However, the dealer claims that the non-US markets do not like the big and bulky holders that the coins come in. So the dealer removes the coins from the Prestige Set holders and sells them in separate holders. Of course, the dealer has a right to do whatever he wants with his inventory, but I thought the point of the Prestige Sets was the special packaging (as well as the coins). I know that it is the coins that are valuable and not the packaging, but personally I like to see old time collections that have the old envelopes, boxes, etc. included with them. What do you think of this dealer's practices?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
0
Comments
An authorized PCGS dealer, and a contributor to the Red Book.
and the same coins in other packaging. There is in most cases no premium for the coins packed in the
regular proof set and a substantial one for the prestige set. Once you have them out of the package
they may as well be from the regular set or other options.
It wouldn't be very surprising if a lot of these are going overseas though.
<< <i>I know that it is the coins that are valuable and not the packaging, but personally I like to see old time collections that have the old envelopes, boxes, etc. included with them. What do you think of this dealer's practices? >>
It doesn't suprise me one bit. It is getting harder and harder to find modern commems for example in any demonination in their original packaging. Even the 4 and 6 piece gold, silver and clad sets in the neat wood boxes. Look around some time and the numbers are very limited.
I assume most are broken up for slabbing reasons but it still diminishes the #'s of complete sets in original packaging whether it's going to a TPG or Europe. The sets are still broken up and the packing destroyed.
It's