| Author |
 Replies: 18 / Views: 3,418 |
Page 2 of 2
|
|
|
|
Valued Member
United States
285 Posts |
I'm sure this happens way more frequently than any of us would like. With that said, anyone buying mint sets should know that this happens and know to only buy sealed sets. It's still not "right" in my opinion though.
|
|
Pillar of the Community
United States
7123 Posts |
I place the blame in two places for this activity, the mint and the dealers who would do such a thing.
The mint could make the sets much more difficult to open and reseal, and the dealers well human nature as it is the practice will continue until it becomes impossible to do so without leaving evidence of tampering on the sets.
|
|
Valued Member
 United States
402 Posts |
When I saw how easily this dealer opened the plastic case containing the coins I knew other dealers were probably doing it. He opened that case, substituted 2 quarters and had it done in less than a minute. These cases are not tight like the slabs are and if you drop one it probably will come apart and the coins will fall out. So just another scam and I would check the seals on the boxes before I bought them. I also know from a dealer that he orders mint sets, opens them, picks out the best ones and returns some to the mint as damaged, opened, vandalized etc. So "parkquarters" was right about getting cherrypicked sets resealed from the mint.
Keep it going guys (and Girls) your getting people an education.
edgman
|
|
Pillar of the Community
United States
1304 Posts |
I was the local coin shop the other day talking to the owner about mint sets. Actually we were talking about some mint sets I own and how I didn't want to break them open to get at certain coins, that I would rather leave them intact and just buy the individual coins I needed. He told me that starting at a certain year, I believe it was 1999, that the mint started making the cases harder to open, but with a sharp thin blade you could still get them open. Anyone every heard of this?
|
|
Valued Member
United States
402 Posts |
"Sharp thin blade"=exacto knife as I said in my original thread on this topic. I have opened quite a few to get at individual coins but they were for my collection and not for resale. If you drop one a lot of times it will break open. Wonder who at the mint said they were going to be harder to open. By the way, I stopped selling any more sets to those dealers after I saw that.
edgman
|
|
Pillar of the Community
United States
2661 Posts |
In my opinion it is unethical for anyone, dealer or not, to crack open any sealed coin, and replace said coin, and then try to pass it off to someone else, Period.
Edited by Tim Stroud
06/05/2010 6:24 pm
|
|
Valued Member
United States
300 Posts |
My opinion? It's SLEEZY and Dishonest  |
|
Valued Member
United States
322 Posts |
I agree with you guys. I already suspected that somebody might do that. Until now, I think (and hope) that nobody open and resealed coins in cello Mint Sets. Or is there any trick I didn't know? there are Raccoons everywhere. I know that the sell the "reject" at ebay. |
|
Pillar of the Community
Canada
3692 Posts |
Wow, if a person replaces better for worse and then claims that they were DAMAGED? They are supposed to be the prime picks of the mint. That is totally dishonest in anyone's book.
To the OP: could ya post some pics of the kinds of mint sets in question? They really ought to be more secure. I've pondered buying US mint sets so I'm surious. Are sets from the 50s and 60s safe?
|
|
Pillar of the Community
United States
7123 Posts |
Libertad, I have opened many of the mint sets from the 70's 80's and 90's they are not hard to open.
The cello sets go without question, by the way I also cherry picked those coins and kept only the best, but they were not resold in mint sets in fact many of the kids and others I have mentored through the years ended up with the extras in their sets for nothing more than showing an interest in the hobby.
the sets from the 50's and 60's were cello sets , they were a little tougher to open but no doubt that they also have been cherry picked to some degree and resealed. greed knows no bounds.
|
|
Pillar of the Community
United States
1304 Posts |
Quote:
I have opened many of the mint sets from the 70's 80'2 and 90's they are not hard to open.
Thats what the coin shop owner was saying. The earlier mint sets were easier to open than the later ones, 1999 and older, the same mint cases as the state quater mint sets come in. He said you could still get them open, but not as easy as the earlier ones. |
|
Pillar of the Community
United States
581 Posts |
Dealers like that need to be slapped. They not only give reputable dealers a bad name but they also make it so newer collectors like myself will think twice about continuing in the hobby. I guess that it is a good thing that I believe virtually nothing that a majority of dealers claim. I bought a coin at a local flea market, and met a dealer that slammed the dealer that I bought the coin from and then turned around and tried to tell me He was, at one time, the #1 coin grader for one of the big TPG firms. Somehow, I found anything this guy had to say overly credible. |
|
Valued Member
United States
155 Posts |
It's sad but I have a hard time believing anyone anymore, coin dealer or not. Whenever there is a way someone can take advantage of people some percentage of them will do it. It's nice that the mint makes it easy to open the sets for you to be able to do what you want with your own coins, but the tradeoff is you can't be confident you're not gettin an altered set.
|
|
Valued Member
United States
322 Posts |
In this dog eating dog world, do you still want to chase perfection and spend a lot of money buying what you not sure if it is the money worth?
|
|
Pillar of the Community
United States
1388 Posts |
i had no idea they did that to sets!!  Maybe I'm just lucky then because I usually build my sets (LMC's & Kennedy halves)out of early mint sets because its usually a better deal for me... Now that's got my thinking all crazy now...  |
|
Page 2 of 2
|
Replies: 18 / Views: 3,418 |
Page 2 of 2
|
First Page
Posted 06/05/2010 2:32 pm
