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 Replies: 17 / Views: 2,692 |
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Pillar of the Community
Australia
7096 Posts |
I buy sets for the coins inside them. I always open them up  That applies to slobbed coins as well  Edited by trout1105
06/24/2013 9:04 pm
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Pillar of the Community
United States
2311 Posts |
Some pretty nice looking coins!
I never got my hands onto a mint set.
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Valued Member
United States
335 Posts |
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Bedrock of the Community
 United States
11951 Posts |
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Moderator
 United States
190135 Posts |
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I don't think this set will make it through the night, without me cutting it up and putting it into 2X2's. It is morning. Did you do the right thing and free those beauties?  I broke apart all of my proof sets in the 1990's so that I could fill the proof holes in my Dansco albums. Never regretted it. I do have some intact sets, for sentimental reasons. |
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Pillar of the Community
United Kingdom
2135 Posts |
I find the splitting apart odd because
it separates the coins from each other
an intact set is rarer than the individual coins
an intact set should be more valuable than the sum of the individual coins
it's nice to appreciate at a glance which coins were issued for a year
I tried in my youth to re-assemble Maundy sets from individual coins but found it was very difficult; even though it was possible sometimes to get the individual dates, I couldn't find ones of equal grade.
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Moderator
United States
190135 Posts |
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an intact set should be more valuable than the sum of the individual coins It really depends on how rare the intact set is and how much demand there is for it. The general rule is that the coins are worth more individually than as a set. This is because series collectors have no use for the other coins in the set. They will pay more for that one coin they need, saving them the hassle of selling the other unwanted coins. I collect all of the denominations as a series, so it was cheaper for me to buy the sets (that I did not already have) than it would have been to buy the coins individually. |
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Valued Member
United States
293 Posts |
GR58: Keep in mind I'm looking at the picture and that will deceive me if the light was all focused on the half dollar when you shot this. What I see is that half dollar has significantly more eye appeal than the other coins. Another thing to thing about is that from 1955 and forward the cents and half dollars as proofs tend to be more expensive than the nickels, dimes, and quarters when you have to buy proof singles for series sets. Then with the cents you have the problem of avoiding the spots which are better left to Dalmatians. Before I go any further if it doesn't have the original envelope then what you have is cut up set.
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Bedrock of the Community
United States
11951 Posts |
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It is morning. Did you do the right thing and free those beauties Jbuck ... yep .. all of them are free. I checked my 2X2 boxes and saw I did not have any dime, quarter and half 1955 proofs. So then I knew I would have to break them out. I have been trying to figure out a new way/direction to collect coins. Not just filling holes in albums. I want more flexibility and for it to be more fun. Having these coins separate, I think will fit into my new plan. |
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Moderator
United States
190135 Posts |
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Jbuck ... yep .. all of them are free. Freedom!  |
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Pillar of the Community
United Kingdom
2135 Posts |
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The general rule is that the coins are worth more individually than as a set. jbuck I'm amazed that you quote this as a general rule. I was taught that an original set is always worth more than the sum of the coins; in the 1970s, an original Maundy set was worth 30%-40% more than the individual 1d, 2d. 3d, 4d combination. If you're right then it makes commercial sense for dealers to buy sets and split them up and there does seem to be a lot of sellers on ebay offering individual proof coins. |
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Moderator
United States
190135 Posts |
I should have said that it is a general rule in the United States. I failed to recognize that things might be different elsewhere.  There are of course exceptions. My 2009 Lincoln Coin and Chronicles set is worth more than the five coins are individually. What helps it is that the five coins were available from the mint without buying this set; the set itself had limited production (a small percentage of the total mintage). |
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Pillar of the Community
United States
1109 Posts |
I am half and half. I break some sets up and leave some together. Which way I go is really a toss of a coin (no pun intended).
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Pillar of the Community
United States
624 Posts |
In the photo, the mint token is missing. Did you buy it like that? Why would someone want the mint token...?
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Bedrock of the Community
United States
11951 Posts |
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In the photo, the mint token is missing. Did you buy it like that? Why would someone want the mint token Yes .. I bought it like that .. plus .. it was not cut out .. was still sealed .. empty. I sort of wondered the same thing. Maybe because 1955 was the first year for flat pack, I think, seems like I remember 1955 had both box and flat pack sets. So maybe the first sets did not have the mint token. |
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Replies: 17 / Views: 2,692 |
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Posted 06/24/2013 10:40 pm
