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 Replies: 12 / Views: 2,901 |
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Pillar of the Community
Canada
815 Posts |
So I decided that I was sick of my $20 coins from the ongoing set sitting in those garish paper folders, and that since they were without a proper case, I would put them in 2 by 2's. And so with great trepidation, worried about possible devaluation, I put my Polar Bear, Double Queen and Canoe in holders, and displayed them in my binder.
I definitely enjoy them more this way, and I am reassured by my local dealers tenancy to throw away Mint Product packaging. He has a low regard for the packaging, and tells me that it rarely accounts for much of the value.
As a relatively new collector of sealed products, have I ruined the value by touching them? I don't intend to sell them anytime soon, but I am somewhat worried. In general, does breaking a mint-sealed Snaptite devalue a commemorative Mint release? Obviously, for Bullion it has no bearing.
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Valued Member
Canada
451 Posts |
It really comes down to your personal preference of storing the coins. You are not going to devalue $20 for $20 coins by removing them from their casing. In 10 years from now, they will only be worth $20 anyways, which is their face value.
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Valued Member
Canada
315 Posts |
Quote:
In 10 years from now, they will only be worth $20 anyways, which is their face value. Even if spot is $100 ? :)) |
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Pillar of the Community
Canada
590 Posts |
This is an interesting dilemma. My question would be what would happen to the value of a Mint set, issued in celo, if you pulled it out of the plastic and put the coins in capsules? Would the value go up or down?
The interesting thig is that the PM content of this coin is very low, around $8 worth of silver. Even if the spot price of silver was $80 the coin would only worth its face value; $20.
What is going to happen when people loose interest and if silver prices go down. It's possible the coin could be worth only $5 for its silver content alone. They made tones of then, it's not like they are rare, they are practically bullion. So will it be possible to go to the US and buy coins for cheep and take to the bank in Canada and make a profit?
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Pillar of the Community
Canada
2366 Posts |
In my (limited) experience, as long as the coin is still in mint condition it doesn't really matter. Wear your cotton gloves :-). Personally I prefer the snaptites to 2X2s. I still put them in the binder though. I just use the larger pocketed ICCS pages for the larger coins.
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Pillar of the Community
Canada
567 Posts |
In my (even more limited) experience, if given a choice, and all things being equal, I prefer to have a coin with 100% original mint packaging then just the naked coin itself.
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Pillar of the Community
Canada
1189 Posts |
Same here. I prefer coins in original packaging if they come with a clamshell or a very nice package.
For the $20 for $20 series, so far I will keep them in the original packaging. When the series ends, I will get a display box for all of them. Just like the box for 7 coins in "Group of 7" series.
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Pillar of the Community
Canada
567 Posts |
I have more than one of the $ 20 for $ 20 coins.
I am not opposed and in fact would like to have a display box for once of each of the coins. Still in the plastic capsule of course. If anybody knows where I can get such a box/case, please share. I tried lighthouse already but I am not certain how to find what I am looking for.
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Valued Member
Canada
321 Posts |
I have had the urge to physically touch my 20 for 20 coins instead of just look at them in the air-tight holders. Something about the feel of silver against my skin...
I just can't bring myself to open them though :( :)
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Valued Member
Canada
207 Posts |
Quote:
I am not opposed and in fact would like to have a display box for once of each of the coins. Still in the plastic capsule of course. If anybody knows where I can get such a box/case, please share. I tried lighthouse already but I am not certain how to find what I am looking for. Something like this may work. It's for airtite A-size capsules (about 31mm diameter). I'm not sure the diameter of the $20 for $20 capsules. http://www.ebay.com/itm/VELVET-BOX-..._1395wt_1016 |
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Valued Member
Canada
207 Posts |
I don't think collectors of these coins are that obsessive to the handling of the coins. As long as you used cotton gloves to move the coins I don't see an issue. You can always move them back to the capsules if you sold them.
I personally take most of my coins out of the mint clamshell/boxes/folders and put them on lighthouse trays or airtite cardboard boxes still in capsules. It allows me to see my coins together quickly as a collection and then can be put away easily. I keep all the packaging stashed away though, so I can always sell the coins in the original package.
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Valued Member
Canada
451 Posts |
Imagine the fun we would be having if the only way to get these coins was through circulation? Only 200,000 of them. Think of all the grading and trading.
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Pillar of the Community
Canada
1189 Posts |
these 2 boxes will be good for my $20 for $20 collection.   |
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Replies: 12 / Views: 2,901 |
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Posted 06/14/2012 10:05 am
