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Opening Sealed Uncirculated Sets

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Richard76's Avatar
Canada
45 Posts
 Posted 12/31/2012  10:59 pm Show Profile   Bookmark this topic Add Richard76 to your friends list Get a Link to this Message Number of Subscribers
I am concidering building a canadian circulation collection, with focus being $1 & $2 coins, buying uncirculated sets.
I like the look of a page full of the same denomination coin so that would be my reason to open uncirculated sets.

I did some rough pricing and the sets seem a little cheaper. With exception of error or special coins.
I am new to numismatics so I feel like need permission from more experienced individuals.
Keep sets wrapped? Unwrap?

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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 01/01/2013  12:01 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I cant speak for Canadian sets, but I cut up US sets all the time for my albums
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 01/01/2013  12:33 am  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Honestly, it is all what you want. If you want to fill up an album, then I would cut away, but if you just wants the coins, it could go either way.
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Canada
617 Posts
 Posted 01/01/2013  02:42 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
Most of the modern sets are inexpensive enough that if you later regret your decision to cut them up, you can always buy another intact set.
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Canada
9865 Posts
 Posted 01/01/2013  03:55 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
I am concidering building a canadian circulation collection,

The only problem is that except for the last couple of years the sets do not contain circulation strikes.
"Dipping" is not considered cleaning...
-from PCGS website
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enworb's Avatar
Australia
4411 Posts
 Posted 01/01/2013  04:19 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Collect how you want to collect. If you would prefer them cut up then go for it!
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Richard76's Avatar
Canada
45 Posts
 Posted 01/01/2013  06:50 am  Show Profile   Bookmark this reply Add Richard76 to your friends list Get a Link to this Reply
Thanks for your input.
I agree, it's inexpensive and will be fun.

I guess this I is one of those situation were value is measure by pleasure.

"sets do not contain circulation strikes"

So does this mean that early sets are all proof or specimen sets?
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1945V's Avatar
Canada
386 Posts
 Posted 01/01/2013  08:16 am  Show Profile   Bookmark this reply Add 1945V to your friends list Get a Link to this Reply
Nothing wrong with breaking up common sets (i.e the post 1968 era).

You can also sell off the unwanted coins (1 cent through 50 cents) or trade them with other collectors for missing coins.
Edited by 1945V
01/01/2013 08:16 am
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canuck1us's Avatar
United States
1002 Posts
 Posted 01/01/2013  08:18 am  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply

Quote:
So does this mean that early sets are all proof or specimen sets?


No, there are still uncirculated sets with a brilliant uncirculated (BU) finish but they are not business strikes.

In plain English, prior to 2011, the coins in these uncirculated sets had a better strike, care and handling than coins being released into circulation(Business Strikes).

Collectors differentiate between these two types of coins with a higher value given to better graded business strikes.

In 2011 and 2012, the Mint started putting business strikes in the uncirculated sets. (bag marks, dings, scratches, etc.) These are minted in the Winnipeg production facility.

To have a "true" circulation collection, your coins (pre-2011) would have to be obtained outside of the annual uncirculated sets. (i.e. from rolls).

If you want to have a nice looking collection of coins with a very similar appearance as those intended for circulation, your method will work just fine.
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TheForce's Avatar
United States
4870 Posts
 Posted 01/01/2013  10:06 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I find it interesting that Canada has so many versions of each coin. You have business strikes, Proof-Like, Proof, and Specimen. My collection consists of both business strikes and proof-like strikes, though most are proof-like. I enjoy their flashyness. I admit some of the business strikes do look quite stunning.
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youngloonie's Avatar
Canada
173 Posts
 Posted 01/01/2013  6:12 pm  Show Profile   Bookmark this reply Add youngloonie to your friends list Get a Link to this Reply
I agree with 1945V, rip em apart and keep what you are collecting.
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