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Replies: 20 / Views: 3,434 |
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Pillar of the Community
United States
3472 Posts |
If you bought it on ebay you should open it immediately. A 1971 Phili uncirculated set in a sealed reproduction 1956 proof set envelope looks and feels just like a genuine 1956 sealed proof set.
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Valued Member
 Virgin Islands (U.S.)
68 Posts |
For those who have asked, seller says it's a Proof set. Original crisp packaging from the US Mint, whcih makes it a Proof set sold by the Mint &  . This was not an ebay purchase.
Edited by STTScott 01/09/2021 5:56 pm
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Pillar of the Community
United States
992 Posts |
Unopened sets will bring a premium.
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Pillar of the Community
United States
3755 Posts |
A 1956 proof set is worth in the area of 50-70 bucks. Me, I would open it. The problem is the coins can get hazing from the cellophane they were packaged in. You could have absolute gems, or you could have badly hazed heartbreakers. Only way to know is open and look.
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Pillar of the Community
 United States
2340 Posts |
You'll need to know if you have a Type 1 or Type 2 Franklin? Let us know when you OPEN IT...lol smat
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Valued Member
United States
284 Posts |
I bought a mix of 3 to 4 dozen proof and mint sets in 1979. I freed the three '56 proof sets from their sealed manila tombs in 2020. My logic in doing so? Yes, it certainly would be fun to exchange them for a premium, but only if I can delude myself for the rest of my life by believing I got the best of the buyer. (Of course, delusion would be my only avenue post-sale. If I somehow learned that my buyer took home the keys to a far greater premium, my playground would become a sinkhole. The greater probability is that I'd never learn anything post-sale. The buyer might even leave them sealed.) To me, that kind of brinksmanship does not appeal, so I treated myself to the certain fun of unsealing the tombs.
I didn't notice anything extraordinary in the contents, so they're back in their envelopes waiting for me to begin a project whereby I educate myself as to what subtle events I should be looking for. For now, I'll delude myself by dreaming the upcoming project will be fun.
Kevin
Edited by Kcm 01/11/2021 08:10 am
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Bedrock of the Community
United States
20753 Posts |
I'm not a collector of those sets so I'd just open it and use the coins for Albums.
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Valued Member
 Virgin Islands (U.S.)
68 Posts |
Sorry everyone, but I couldn't help myself. I opened the manila tomb from Philadelphia, looked at what was inside (awesome gorgeous, perfect fields, but nothing out of the ordinary), and separated the Franklin and Washington for grade and slab.
Edited by STTScott 01/12/2021 2:15 pm
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Moderator
 United States
188770 Posts |
I would have probably done the same. 
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Pillar of the Community
United States
3325 Posts |
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Valued Member
United States
284 Posts |
I deem this to be relevant to the thread, to my earlier post on the thread, and, perhaps, semi-interesting. Kevin 
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Moderator
 United States
188770 Posts |
That is interesting. 
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Pillar of the Community
 Canada
5395 Posts |
Albert Lee ( died March1973) One of the largest Proof Coin Dealers in the US in the 1950s , early 1960s . Made up stamp and most likely self serving . There is really no way to prove a Proof set of 1955 to 1964 era has never been opened or examined . I for one would never pay a nickels premium for such a set.
Edited by Pacificoin 01/13/2021 4:56 pm
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Valued Member
United States
284 Posts |
Darn! @Pacificoin. I didn't expect to come out better informed than when I went in. Much gratitude.
Now I begin to wonder what old Albert had in mind. Frankly,I doubt he was referring to the manila envelope (the predecessor of the later to come cardboard box). Might he have been suggesting only that his customer leave the polymer envelope (predecessor to the plastic case) intact?
Kevin
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Pillar of the Community
 Canada
5395 Posts |
Probably referring to the pliofilm package, but who knows ! With the Cameo craze of the 1980s on there are very few truly unsearched Silver sets of the Franklin period .
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