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Breaking Up Mint Sets

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Pillar of the Community
cladking's Avatar
United States
2271 Posts
 Posted 10/12/2007  5:24 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
"Yes, thanks to people who break out such mintsets, original mintsets can be very expensive. For example some of the recent Soviet mint sets have gone to nightmare prices which you can take a look at the recent research that I have done:

http://www.gxseries.com/numis/sovie...ovietset.htm

For example, the craziest price paid for a typical plastic cellophane 1970 mintset which isn't in the best condition went over 650usd whereas there was one set removed from the set which sold under 200usd. Will be nightmare to do a Dansco version of this - I swear. And good grief, these aren't even proof or anything, just UNC or proof-like at best.

There have been various stories of how people actually broke up such sets just because it wasn't commonly found in circulation, now the original mintsets prove to be very difficult to find."



Now you tell me. I just busted up a bunch of Soviet era mint sets. I don't mind too much though since I'm not ready to sell and in the long run the price is determined much more by the coin than the packaging.

We're going to see more and more stuff like this from more and more countries. For the first time in all of recorded history people just quit collecting or saving coins all over the world. Now people want these coins and when they go look they are surprised to find the coins aren't there because people simply didn't save them. These high price are being caused by a tiny demand. If the demand grows the prices could grow much further.
Time don't fly, it bounds and leaps.
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