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How Do You Feel About Coin Boxes?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 2,941Next Topic Page 2 of 2
Valued Member
Canada
129 Posts
 Posted 01/22/2014  6:37 pm  Show Profile   Bookmark this reply Add uchihadesendent to your friends list
to each his own
Pillar of the Community
United States
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 Posted 01/22/2014  6:46 pm  Show Profile   Bookmark this reply Add Merc Man to your friends list
I have to agree with basebal21 on this one. There are so many legitimate reasons that someone would be looking to purchase just the OGP for a coin or set they currently have that I see no reason not to do. Not to mention it HELPS the hobby and the environment by keeping them out of landfills and allowing the dealers to earn some additional revenue so they can stay in business and sell me more coins.
Valued Member
United States
272 Posts
 Posted 01/22/2014  6:52 pm  Show Profile   Bookmark this reply Add loganjonathan to your friends list
i agree, and if for some reason someone cracks the boxes open and takes out the coin and replaces it with a lesser graded coin, you should be able to tell. Thats why they have the Red Book and not to mention the internet and CCF's glossary of pics of every coin.
Valued Member
United States
317 Posts
 Posted 01/22/2014  11:33 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list
Buy directly from the mint. It will put your mind at rest and you'll probably get a discount on the item.
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 Posted 01/23/2014  08:46 am  Show Profile   Bookmark this reply Add noD to your friends list
Buy the coin, not the box!
Edited by noD
01/23/2014 08:50 am
Bedrock of the Community
United States
20753 Posts
 Posted 01/23/2014  11:42 am  Show Profile   Bookmark this reply Add just carl to your friends list
I collect coins, not boxes. As to what is offered on ebay, almost anything. People try to sell half eaten biscuits, piles of stuff, old cloths and on and on. So why not an empty box? I wouldn't doubt if someone tries to sell the materials to make one.
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189700 Posts
 Posted 01/23/2014  11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I have to agree with basebal21 on this one. There are so many legitimate reasons that someone would be looking to purchase just the OGP for a coin or set they currently have that I see no reason not to do.
I agree as well.

I have kept all of the OGP materials from my freed coins and I doubt I would ever sell any of it. A lot of people want to have this material, so there is going to be a market for it. I think it is common for people to buy raw coins and materials separately so that they can reassemble the original package.

There is very little opportunity for deceit, since an informed buyer should never rely solely on the COA or packaging for authentication.
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United States
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 Posted 01/23/2014  11:55 am  Show Profile   Bookmark this reply Add rupester to your friends list
I recently found a auction on ebay. Someone had taken a 2000's cracked out set's packaging and inserted what appeared to be mint set coins into. Any speculation into his intent would be just that but none the less I passed right on by the auction. I occasional use whitman 5 coin set holders and put date set's together I recently did one for silver coins of the 40's and inserted a BU steel penny. Something fun for teaching about silver coinage. And ironically all coins are in pretty good shape.. Love digging au-bu coins out of "junk" boxes one of my favorite things.
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 Posted 01/23/2014  1:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
A good example for "buy the coin, not the holder."

By the way, when we say that, we are not slamming on the holder, just reminding everyone to look at the coins before making a decision.
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 Posted 01/23/2014  1:21 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Proof coins only come in those boxes. Theres no inferior cheaper proofs that can be bought and pull a switcharoo with

OH? What about clad proofs in a silver proof case? Was a big scam back in 2000, 2001, 2002 when the 1999 and 2001 silver sets went through the roof.
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13014 Posts
 Posted 01/23/2014  1:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
OH? What about clad proofs in a silver proof case?


That was the big one I was thinking of that I said I wouldnt mention. Theres more coins you cant do that with than you can though. Even with that it doesn't apply to ASEs, Commems, Dollar coins ect.

It could be because I look at them more but the majority of boxes I've seen for sale have been the ASEs, Commems, and 5 oz pucks which theres really nothing you can do with thats not apparent. You can put bullion pucks in the mint box but anyone who has even the most basic knowledge of the series would see the missing mint mark and know what was done.
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 Posted 01/23/2014  4:10 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
That was the big one I was thinking of that I said I wouldnt mention.
I understand your reluctance to mention it, but it is probably good that it has been brought up. Something a potential buyer would want to verify without relying on the presence of a box and COA.
Valued Member
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139 Posts
 Posted 01/23/2014  10:46 pm  Show Profile   Bookmark this reply Add crusherjc to your friends list
I have bought every gold buffalo proof coin from the mint since they came out in 2006. The 2006 and 2007 did not come in the nice wood box's like the one's that came after that. So I bought box's on ebay to replace the earlier ones, and used the original coa. So for $15 each I think my buffalo's are sitting in much nicer boxes. I'm sure there are some people out there that might try to put in a regular bullion silver eagle in a proof eagle capsule/box and pass it off as a real proof coin to someone who doesn't know better, but I hope that isn't the amin reason for buying a box on ebay.
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13014 Posts
 Posted 01/23/2014  11:17 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I understand your reluctance to mention it, but it is probably good that it has been brought up.


It probably is good that it was mentioned, my reluctance was more that it can create paranoia for those products. Scams certainly do exist as do fakes, but theyre not as prevalent as these conversations often make them seem. I'm sure anyone trying to run scams like that has already thought of anything that we could mention here.


Quote:
I'm sure there are some people out there that might try to put in a regular bullion silver eagle in a proof eagle capsule/box and pass it off as a real proof coin to someone who doesn't know better, but I hope that isn't the amin reason for buying a box on ebay.


I completely agree dealers have a role to play in the integrity of the hobby and helping to protect new buyers. However, at some point the buyers do need to take responsibility for what theyre going to be purchasing. If someones making money passing bullion ASEs off as proofs its only because the buyers didnt bother to do even the most basic of research for an unfamiliar product.

Im not one of those people that thinks people should have to spend years or months researching before making any products. But there is a point where a scam gets so simple/crude that no one else can prevent them from getting duped if they wont even look at other listings or do a simple product google search.
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 Posted 01/24/2014  11:35 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I'm sure there are some people out there that might try to put in a regular bullion silver eagle in a proof eagle capsule/box and pass it off as a real proof coin to someone who doesn't know better,

I've seen that done.
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