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 Replies: 12 / Views: 1,496 |
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Pillar of the Community
United States
751 Posts |
Now that I finally have a tracking number, I sincerely hope that I'm not counting my chickens too early to ask the following question:
What is the price differential for raw sets between the opened and unopened OGP?
Because I am not interested in grading, slabbing, or labels, I am contemplating "trading down" for an opened set rather than opening mine. How much should I expect to get?
TIA
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Pillar of the Community
United States
1541 Posts |
I saw one sold on ebay for $325 but others sold for less than that. |
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Member
United States
3242 Posts |
I sold 1 That was not open for$239.00 I didn't want to make the buyers brake there bank just to have 1 heck theres 250,000 of them not 10,000 but revproof is what they want!!
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Valued Member
United States
470 Posts |
I've seen opened sets go for 250.
The easy answer it that I think it is to soon to tell. The fever is still boiling and prices haven't settled that much. I think the value of the unopened box will be seen in the 3-4 or 5 years to come as people start opening theirs or sending them in for grading.
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Valued Member
United States
390 Posts |
I think right now it is the allure of the unknown. You have an unopened box, maybe they are 70 grade coins and they will be worth a lot more than the $100 price. It's the same with the gold sets. Unopened boxes are going for around $5,000 or more. The 69 sets are going for about $4500 and the 70 sets are going for $6500 to $7000 (I saw a PCGS Non-First Strike 70 set sell for $10,900 the other day, verses only $6,900 for the same set from NGC. Go figure that one! Is a PCGS set really worth that much more than an NGC set? That's a hard one to swallow!). So now you see the ads saying you could have a gold mine 70 set of coins in an effort to keep the frenzy going. The fact that it's a stuffshoot doesn't register with a lot of people. Here is some interesting info from the NGC census on the graded gold and silver 20th anniversary sets: Gold (To Date) Unc Coin 69 Grade: 2342 70 Grade: 2469 Proof 69 Grade: 1397 70 Grade: 1163 Reverse Proof 69 Grade: 1126 70 Grade: 1473 Silver (To Date) Unc Coin 69 Grade: 8855 70 Grade: 1695 Proof 69 Grade: 5856 70 Grade: 2460 Reverse Proof 69 Grade: 7782 70 Grade: 1020 As a percentage, the gold coins had WAY more 70 grades compared to 69 sets (almost a 50/50 split), whereas the silver sets have way fewer 70 grades (which is as it should be, unless the 10,000 gold sets were made to much more exactly standards than the 250,000 silver sets). I don't quite understand the major differences in numbers between the different coins if they had to come in sets to be graded as 20th anniversary coins. Oh, and here is the link the the NGC census page: http://www.ngccoin.com/poplookup/ |
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Bedrock of the Community
United States
14454 Posts |
I think I would have to get them graded for what they are selling for graded, they are paying mad money for 70's upwards of 1 thousand dollars for just the reverse proof in PF-70 so I would probably take a stab at getting them graded and then sell them and buy a opened set. Because you have to remember all them people that got theirs early and opened theirs cant get the 20th anniversary label so even though they can get their reverse proof graded and labeled as a 20th anniversary coin they will still need the other two from somewhere else to have a complete set
Edited by Bryan1315
12/29/2006 8:53 pm
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Pillar of the Community
 United States
751 Posts |
Thanks for the info, guys and gals.
With all the posts about people "ruining their sets" by opening them, I thought maybe there was an established premium for a sealed set.
$50? $100?
I guess I'll take it to a show next month and see what I can do.
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Valued Member
United States
390 Posts |
I think the set is worth at least $100, which is what people paid for them from the mint. You do have the reverse proof, which over the long run will go up in value since it is a very low mintage compared to other ASE's over the years. I don't think you will find anything on ebay for a while that cheap. All the dealers are keeping the prices jacked up with all their hype. I agree with Bryan. I'm going to send my sets in to be graded. Then, I can see what I have to work with and decide what to do. |
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Pillar of the Community
United States
751 Posts |
Just in case anyone was interested in the answer (I doubt it), I'll post a response I got from someone who knows most of the local dealers and show attendees: quote:
Most dealers want boxes of 10, not just one. Right now, boxes SEALED of 10 are selling for about $2600 ($260 a set). Less than 10, about $250-255.
Opened sets, can be purchased at the local shows for $225-250. I bought some at $225 and was asking $250 per at the show retail but sold them to another dealer for $240.
So, for one set, I wouldn't worry too much about it. If I had sets, I'd trade you my open set + $10 for yours.
It seems even with all the fuss about grading and special labels, there is no substantial premium for an original sealed set. I guess I can finally see my coins! |
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Pillar of the Community
United States
2254 Posts |
Texas, if you haven't opened the mint sealed box yet, I just wanted to remind you that I think the only way to get them graded as a "set" is to send them in unopened. I don't know if a graded "set" of 70's yields more than three individual 70 coins, but you may want to check.
This was first discussed a while ago on the forum, and if I'm not mistaken, while you can still send the individual coins in after you open them, the only way to have the reverse graded with everything as a set is to send in the unopened package. Again, I do not know the difference in value, but as someone mentioned earlier, some of the reverse proofs are way up there....
Hope this doesn't confuse you more.
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Pillar of the Community
United States
751 Posts |
Tights, thanks for the reply.
No, I don't think I'm confused about this. I'm not the least bit interested in having the coins graded and slabbed. I want an opened, raw set (albeit, one as nice as possible).
I was wondering if SOMEONE ELSE--who valued the slabs--thought an unopened set was worth more than an opened one.
It turns out, a sealed set is only worth a pittance more than an opened one. That is, the opportunity to grade the coins as a set seems only to be worth $10-$25.
If someone has contrary evidence (i.e., "I know someone who is buying sealed sets for $300 and opened sets for $200"), I have yet to hear it.
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Valued Member
United States
143 Posts |
My single set in an unopened box went for $316 about three weeks ago, plus shipping. A local coin dealer is asking $289 for opened (ungraded) sets and has offered me $200 each. Yeh, no kidding. Opened sets have been selling for $240-255 on ebay. I still have five unopened in a box because of a mint shipping screw up. Unfortunately, they put gold in with it. NGC and PCGS both said they would just return the gold ungraded, but absent a way to be sure what's in there, I don't know what to trust. So.... what's the chance of a RP70? Pretty low. Yep, the box is still calling, "open me." If I ship the whole thing registered for $30-40, pay grading on five sets, ship it all back registered, what will I make for graded sets that I can't make ungraded? Not much and a lot of hassle. My answer is if you have one unopened set you won't make much. You paid $100+, sell it for say $320. You made about $200 and have nothing. Buying an opened set will then cost you $225-260 + shipping! OT- Does anyone know if the UNC in the set is the same as the burnished Z6F single UNCs? One ebay dealer is claiming that. |
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Bedrock of the Community
United States
12437 Posts |
quote:
Does anyone know if the UNC in the set is the same as the burnished Z6F single UNCs? One ebay dealer is claiming that.
Yes, it is the exact same coin. Also found in the 20th Anniv gold and silver set. 250,000 from silver sets; 20,000 from the gold/silver set; 200,000 individual mintage of the burnished 2006 W ASE. |
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Replies: 12 / Views: 1,496 |
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Posted 12/29/2006 11:15 am
