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1962 Proof Set, Grading?

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United States
104 Posts
 Posted 01/28/2013  10:20 pm Show Profile   Bookmark this topic Add meagan1823 to your friends list Get a Link to this Message Number of Subscribers
So I picked up a 1962 proof set for $21 today
All the coins look great with no signs of damage or hazing
I was wondering would it be worth getting the franklin or any of the other coins graded?

does it in general add any value to proof coins to get them graded?
Or should I just leave it as a set
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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 01/28/2013  11:16 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
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muddler's Avatar
United States
7187 Posts
 Posted 01/28/2013  11:51 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Meagan1823,

Your 1962 proof set I'm sure is nice (I have a set also) but unless the coins are showing a "cameo" look on both sides it would not recoup the cost of the grading. The set is pretty common. Here is an example of a cameo coin.

1962-Proof-Set,-Grading?

1962-Proof-Set,-Grading?
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carmykle's Avatar
United States
2448 Posts
 Posted 01/29/2013  03:42 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Nice cameo muddler! Muddler's right. Unless a high grade, 67 +, Deep Cameo; you'll not recoup the cost of the grading if you plan on re-selling. PCGS projects a price of $210 for 67DC and $600 + for 68 DC.

Oh, I could be wrong but, I believe that 62 was one of the years the mint packaging was causing some of the problems with hazing and discoloring, so you might want to use an alternate way of storing the coins; cointains, air-tights, flips, many good ones out there now.

Just an opinion though.
Edited by carmykle
01/29/2013 03:55 am
Valued Member
United States
104 Posts
 Posted 01/29/2013  12:25 pm  Show Profile   Bookmark this reply Add meagan1823 to your friends list Get a Link to this Reply
I will get pictures this afternoon but I'm pretty,sure ita not cameo

I hate to cut the set apart but I can tell air is getting to some of the coins so I will put it in an airtight
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tpg22's Avatar
United States
919 Posts
 Posted 01/29/2013  12:58 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
That is a good price. Melt value of the silver is around $19.25 today. I buy these sets (1961-64) as "Junk" silver and usually pay a 10% premium to melt so you are right in line with that. I would leave it as a set until you decide to do something different. Once you open it there is no going back. These are very easy to sell as sets.
Valued Member
United States
104 Posts
 Posted 01/29/2013  6:03 pm  Show Profile   Bookmark this reply Add meagan1823 to your friends list Get a Link to this Reply
here are some pictures. sorry they arent the best. pretty sure its not a cameo.
the scratches are on the plastic sheet not the coin


1962-Proof-Set,-Grading?

1962-Proof-Set,-Grading?
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babysitr's Avatar
United States
1339 Posts
 Posted 01/29/2013  7:53 pm  Show Profile   Bookmark this reply Add babysitr to your friends list Get a Link to this Reply
tpg22 is right....They sell good as clean sets...That one is clean...No cameo....keep the set....Will probablly only go up from here!
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carmykle's Avatar
United States
2448 Posts
 Posted 01/29/2013  9:33 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Yes, just hang on to it as is. This is not the packaging that's causing the problems. Can't tell by the pic of the reverse, but it may be some cameo there. Not unusual for this year. Definitely no DC though.
Valued Member
United States
104 Posts
 Posted 01/30/2013  2:09 pm  Show Profile   Bookmark this reply Add meagan1823 to your friends list Get a Link to this Reply
So what causes discoloring of air getting into the package doesn't?
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muddler's Avatar
United States
7187 Posts
 Posted 01/30/2013  2:44 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
It could be any number of things to cause "toning" or discoloration. It's 50 years old, where has it been, how was it stored, with what other items was it stored with? Moisture is a main culprit, gun oils also can be a problem even handling issues at the mint could result in discolorations.
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United States
104 Posts
 Posted 01/30/2013  5:00 pm  Show Profile   Bookmark this reply Add meagan1823 to your friends list Get a Link to this Reply
Ok thanks
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mdrosophila's Avatar
United States
724 Posts
 Posted 01/30/2013  5:05 pm  Show Profile   Bookmark this reply Add mdrosophila to your friends list Get a Link to this Reply
My 1962 proof set was bought not in the original mint package but in the plastic Capital Holder. There is a huge finger print mark on the half dollar. I am inclined to take it out and clean it. What is the good way to get rid of the fingerprint without damaging the surface?
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muddler's Avatar
United States
7187 Posts
 Posted 01/30/2013  6:26 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
@mdrosophila, I believe if a print has been in place for a while it becomes permanent. Cleaning would only damage the coin more.
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