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Removing Coins From RCM Wrap

 
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New Member
Canada
7 Posts
 Posted 11/20/2008  09:17 am Show Profile   Bookmark this topic Add jturcotte to your friends list Get a Link to this Message
Is it better to sell coins out of the RCM as seperate coins instead of a coin colection? I have a lot of 1960's RCM sets in wraps.

Thanks
Pillar of the Community
Canada
1082 Posts
 Posted 11/20/2008  12:59 pm  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
I assume you're talking about the cheesy cellophane bubble wrap they used to put coins in. My gut says no, but I have seen a lot of this wrap springing air leaks with the coins oxidizing unattractively, so esthetically, I would say they are preferable in 2x2's.

I may be wrong, though. My suggestion is to check online auctions and see if there is any kind of a premium if you leave them as is.
Pillar of the Community
United States
1656 Posts
 Posted 11/20/2008  6:57 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Do RCm sets come with like a special sticker or something that states it's a mint set?
I would say stick them in 2x2's, but keep the sticker or whatever from the RCM set. You may have seen people selling coins in a similar way... as "freshly removed from mint set", usually with something from the mint wrapping as proof.
I've done it with a couple Italian sets that were torn and had to be removed. Worked out quite well! =)
Cheers!
Pillar of the Community
Canada
1082 Posts
 Posted 11/23/2008  12:26 pm  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
On the other hand, I have a roll of 1991 quarters in the plastic mint sleeve (shrink fit type) that I am thinking of opening up and selling.

Any interest out there?
Pillar of the Community
United States
819 Posts
 Posted 11/23/2008  12:38 pm  Show Profile   Bookmark this reply Add ElleKitty to your friends list Get a Link to this Reply
I have one of the lovely 1967 Canadian wildlife commemorative sets still in the brown paper envelope and plastic packaging it was put into 40 years ago. I had to search through about thirty of these envelopes to find one that wasn't torn or damaged with the coins toning inside.

As long as the plastic stays undamaged, I plan to leave them in there. Whether or not they command a premium over coins broken out of the plastic or not, I don't know.
Pillar of the Community
Canada
642 Posts
 Posted 11/30/2008  01:21 am  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
I think they bring a premium higher than the set when single , a lot of people collect one denomination and are not interested in the other coins in the set.
Pillar of the Community
United States
1571 Posts
 Posted 12/09/2008  7:27 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
I have to agree with you on that. I have a lot of single coins, still in the "mint wrap" plastic, which tends to prove that people do save just one , (or more), coins from a set. If it is above grade, many people do break them out. It is very common in the US.
Dick
Valued Member
67 Posts
 Posted 12/11/2008  02:21 am  Show Profile   Bookmark this reply Add roots to your friends list Get a Link to this Reply
Like in the United States, some people like to break open sets with above average coins. Certify them and sell.
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