Little Bored .. Thought I Would Break Open Some Proof Sets

Then buying some mint sets and cutting them up?

I am seeing some unexpected but interesting replies.
I did not mean to hurt other members feelings by not collecting the same way they do.

I guess my way of collecting could be wrong, I will try to do some self reflecting and see if I can change my ways to make everyone happy.

I have only been collecting since 1968, and for the last two years I spend 4 or 5 days a week helping out local coin shops.

My intentions to posting this thread was to see if others liked breaking sets the same as I do.

I find this opinion very interesting



I never said there is no real value to non silver coins .. and I do break open silver sets along with non silver sets.
I also 2x2 all 1970 S small dates and 1960 small date (proof and mint) coins. As for the 82 and 83 coins .. we are pretty safe there .. they did not make sets those years .. well except the gift sets from the mint .. I guess I would break those also .. and keep all coins above cent.
you are correct I am not into minor varieties. If you don't mind sharing .. would you mind sharing which DDO or DDR's that you have found .. I do have a 1972 Lincoln DDO but it did not come from a set .. I got it by trading coins.





I did take your advice and do see some of these coins trading at good prices. I am not into that type of collecting, but I will look into it. Thank you for the tip.

When I do see very high grade coins in sets .. I put them away.

I know I have more non silver sets than silver ones.
For me it is getting hard to find better coins to upgrade my Jefferson and Roosevelt sets.




I have learned, there is no way to know what other people are like, just from reading a few of their post. I consider myself a very middle class collector. I do have to plan and save for purchases of coins that sell for over $500. I enjoy breaking sets open and putting modern sets together, it would not mean as much, for me, to just write a check for a set.(of course it has been 20 years since I wrote a check) Lastly buying certified coins and crack them out .. I can't imagine how that would be cheaper.

Not sure how anyone could think buying mint and proof sets at or a little about face value, could amount to much of a loss. Let's say I buy $95 face value of sets for $100. Break them and keep $10.00 face of the coins that I need for a set, or really like. At that point I dump the $85 I don't want, now I have $10 face of coins I like, that cost me $15. If someone thinks that is a big loss .. then why collect coins?

The whole trick to this is having a good relationship with local dealers, that would be willing to sell their extra sets and such a low price. The last four states I have lived in, I have found dealers that have made these same deals. So I know others could do the same ..

I wrote this response .. with hopes of some understanding of how there are different ways to collect coins. With no intention of hurting anyone's feeling.

I just bought a Jefferson, Roosevelt, Washignton and Kennedy Dansco with proof.... If you put together a lot 1 of each coin from your leftovers from all of the denominations above... I will gladly pay you more than your bank does, and you would be helping a fellow, younger (32 yrs old) inspiring to be a numismatist, CCF friend

PM me or let me know where to send the check or PayPal payment

Thanks and the above posters who say "to each man his own" in regards to collecting coins... I agree, we can do whatever we want with them as long as we don't break the law.

Erik

Im a new collector and I have a few mint and proof sets but was hesitant to break them open but after these posts I'm going to crack em open! Whats the best way to open them without damaging the coins?

The best way I have found is to take a screw driver (a fine one) and wiggle it in the joint on the side till it opens, be sure not to push too hard or you can go right through and hit a coin.

I have jugs I put all of my change in that I get and when they are full I take them to my bank and dump them. I never ever look at the coins for any varieties or errors or whatever. The reason is simple, I am not interested in any of these on Modern coins. I am a variety collector in the Morgan series but I would get bored looking through my change searching for something to "keep" thats worth a little over face value. Now if I happen to throw the change in the jar and see something that looks weird while I drop it I will fish it out and see what it is but that is a very rare occurrence and it is usually just some type of PMD. Most of the coins in my collection is worth 200.00 and up and some way up from that and pocket change just has no place in my collection. Maybe if I was one of those unfocused hoarders like my grandfather was then I can understand but I am not one of those types and I have no place to keep everything like he did (well actually he had so much he didn't really have room either, but he kept on keeping everything). When my Grandfather died there was allot of his coins that he had kept for years that ended up being dumped at the banks by some of his heirs and I feel that was money he could have used to do something with while he was here with us instead of just collecting every coin he came across (it looked like he did anyway)