1955 Proof Sets: Box or flat pack???

Comments

• Walkerguy21D Posts: 11,690 ✭✭✭✭✭

  September 7, 2010 9:18PM

  I know that the flat packs command a substantially higher price on Greysheet, though I do not know why that is. If I had to guess, it's because the coins are generally in better shape, more pristine looking, less haze, etc. over the box/stapled cellophane coins - but maybe they did issue fewer of them too.

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• delistamps Posts: 716 ✭✭✭

  September 7, 2010 9:41PM

  Thanks. Do you know what the greysheet prices are?

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• Walkerguy21D Posts: 11,690 ✭✭✭✭✭

  September 7, 2010 10:33PM

  From memory, as I don't have them with me, I think Bid for the Boxed set is around $85, and Bid for the Flat Pack is $120-$130. Proof sets of most dates generally trade at roughly '10 back of Bid' or so, so if you are selling, be prepared to be offered less than Bid. Sets housed in Capital holders bring lower prices yet. Now if you see an obvious cameo half dollar or something in the set, that should command a premium.

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• robkool Posts: 5,934 ✭✭✭✭✭

  September 8, 2010 4:04AM

  I think some pieces with nice toning could also sell at a nice premium...

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• Walkerguy21D Posts: 11,690 ✭✭✭✭✭

  September 8, 2010 5:13AM

  I've seen original mint set pieces with nice toning, because of the cardboard type holders they were housed in, but not original, in-the-package proof set pieces - usually just a small dark spot where there was a hole in the packaging. But I suppose they could exist.

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• segoja Posts: 6,141 ✭✭✭✭

  September 8, 2010 8:14AM

  Not sure that proof sets trade at back of bid retail. If they did, the bid would fall, as wholesale would be even further back.
  
  I think bid or over is proper, particularly for a single set.

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• droopyd Posts: 5,381 ✭✭✭

  September 8, 2010 9:20AM

  When my Dad ordered the 55 proof set, he received the box set.
  
  One day, Mom spent the half to pay the paperboy.
  
  To this day, Dad does not let her live that down.

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• PawPaul Posts: 5,845 ✭

  September 8, 2010 9:38AM

  I'm gonna say the box to flat pack ratio is 1 to 1 , meaning 50% of each were produced

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• BillJones Posts: 34,783 ✭✭✭✭✭

  September 8, 2010 9:55AM

  Here are three reasons why the 1955 flat packs are worth more than the box sets.
  
  1. The flat packs are easier to sell because flat pack sets are usually sold in the original mint holders. Box sets are often taken from the mint packaging and placed in plastic holders. Proof sets in plastic holders sell for less in most cases.
  
  2. The 1955 box Proof sets were housed in cloudy plastic sleeves that promoted dark, unattractive toning. This toning is hard to remove without damaging the surfaces of the coins. The bottom line is many 1955 Proof set box coins are unattractive. Very few of them have attractive toning.
  
  3. Even if the coins are nice, many collectors don’t like box sets because the coins cannot be examined as easily as the flat pack coins can be studied.
  

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• delistamps Posts: 716 ✭✭✭

  September 8, 2010 10:11AM

  Thanks to all for your responses...and to droopyd's mom for such a generous payment. She may have turned a paperboy into a coin collector!

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• RebelRon Posts: 544 ✭✭

  September 9, 2010 10:59AM

  
  
  << <i>When my Dad ordered the 55 proof set, he received the box set.
  
  One day, Mom spent the half to pay the paperboy.
  
  To this day, Dad does not let her live that down. >>
  
  Oh no! I don't blame him!!!

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