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Little Bored .. Thought I Would Break Open Some Proof Sets

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GR58's Avatar
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 Posted 10/19/2012  5:35 pm Show Profile   Bookmark this topic Add GR58 to your friends list Get a Link to this Message Number of Subscribers
Anyone else get bored and like to break open proof .. and mint sets. I had about 20 proof sets and not sure how many mint sets setting on my desk so thought it was time to get rid of them .. clear off the desk

I like pulling out the better looking coins, sometimes there are some nice looking toned ones. I also roll up the proof cents and nickels. also been rolling up the Ike's .. but that box is getting full .. will have to thin it out also.

Does anyone else do this and have trouble dumping the extra's?



Little-Bored--..-Thought-I-Would-Break-Open-Some-Proof-Sets

Little-Bored--..-Thought-I-Would-Break-Open-Some-Proof-Sets

Little-Bored--..-Thought-I-Would-Break-Open-Some-Proof-Sets

Little-Bored--..-Thought-I-Would-Break-Open-Some-Proof-Sets
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jbuck's Avatar
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 Posted 10/19/2012  5:45 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Anyone else get bored and like to break open proof ..
That is basically what happened to me when I finally decided to crack my proof sets to fill holes in my Dansco albums.

Look at all of those beautiful proof Eisenhower dollars.
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cc99999's Avatar
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 Posted 10/19/2012  5:50 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
you can take the leftovers to your dump bank.
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n9jig's Avatar
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 Posted 10/19/2012  5:51 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
I don't get it... What is the point of opening up sealed Proof Sets and just rolling coins? Aren't you opening up these coins to damage and corrosion?

I can see if there is a specific coin you want to get graded or to fill an open slot, but otherwise wouldn't they be better off in the set as they came? They would certainly be more valuable.

That said, I always buy 2 Mint sets every year, one to fill the books and the other to archive. I do buy a couple loose proofs now and then to fill slots in books that have them.
Edited by n9jig
10/19/2012 5:52 pm
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basebal21's Avatar
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 Posted 10/19/2012  5:56 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
They would certainly be more valuable.


Theyre actually more valuable cut up individually than they are as a set for whatever reason
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jbuck's Avatar
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 Posted 10/19/2012  6:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The reason is simply demand. Most people buy the coins individually, so the demand of the singles (and therefore their price) is higher than their proportional value from buying a set.

Many people build sets of one denomination and not the others. Sure, some of us (myself included) collect them all, but we are actually the exception; and even in our group, there are those who do one set at a time, so buying them individually is still the standard practice.

Sure, those who need individual coins could buy the set, break out what they need, and sell the rest. That time and effort saved by buying an individual coin is part of the price difference, if not only a simple justification for it.
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GR58's Avatar
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 Posted 10/19/2012  6:32 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I agree with baseball and Jbuck ...
And for me, getting in good with a high volume dealer lets me buy set at or a little above face

I also like the cool factor of having rolls of proof Lincoln, Jefferson and Ike coins.

Many of the dimes, quarter and half dollars will get dumped at the bank
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M0nks's Avatar
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 Posted 10/19/2012  7:04 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
i personally would never open up any of my mint/proof sets, I suppose I'm in the minority here
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GR58's Avatar
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11951 Posts
 Posted 10/19/2012  7:23 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:

i personally would never open up any of my mint/proof sets, I suppose I'm in the minority here


MOnks can
I ask how many mint and proofs sets do you have?
Edited by GR58
10/19/2012 11:26 pm
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devilsbite's Avatar
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 Posted 10/19/2012  7:37 pm  Show Profile   Bookmark this reply Add devilsbite to your friends list Get a Link to this Reply
Those pictures are awesome!

I love seeing the different "levels" of collectors, that bunch of coins would keep me busy for a month!

I'm currently searching a small hoard from my father, he threw his cents in an old glass water jug for decades. The bags I've got now are mostly from the 80's to 90's I'd guess. It's fun but I'm still trying to learn a good, quick search technique.

I'm slowly putting together a proof set from 70 on and some Whitman folders as well as buying the odd ASE and commemorative; still defining what I want to collect.

It's fun seeing what others do in this hobby. Thanks for sharing!
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sel_69l's Avatar
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21786 Posts
 Posted 10/19/2012  7:41 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Wouldn't it be cheaper to break open uncirculated quality mint sets, rather than proof sets, to fill the holes in your Dansco?
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basebal21's Avatar
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 Posted 10/19/2012  8:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Slightly cheaper if you buy from the mint not sure about the after market, but youll need the uncirculated unless youre doing proof only albums
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sel_69l's Avatar
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 Posted 10/19/2012  8:49 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
A mixed proof / uncirculated set to some is OK.
To others, it ain't.
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YoungNumismatist's Avatar
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360 Posts
 Posted 10/19/2012  8:54 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Do you have any mint '97 sets?
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oih82w8's Avatar
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 Posted 10/19/2012  9:08 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
If you are going to "dump them", there is Getting Kids Hooked in January in Florida. Put 'em in 2 x 2 and send to Forum Dad (Bobby131313).

I am sure kids would LOVE to have 'em!

https://goccf.com/t/126655
Edited by oih82w8
10/19/2012 9:11 pm
Bedrock of the Community
GR58's Avatar
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11951 Posts
 Posted 10/19/2012  10:58 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Just to be clear .. dansco with proof only albums need business strike coins and coins that were only issued in proof sets .. in most cases this will be "S" mint proof coins.

When I am putting modern sets together I use coins from mint and proof sets .. when ever possible.

This ones for Jbuck .. the earlier picture did not show all the Ikes of the last couple days



Little-Bored--..-Thought-I-Would-Break-Open-Some-Proof-Sets
Edited by GR58
10/19/2012 11:29 pm
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