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Packages And Their Value

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Author Previous TopicReplies: 13 / Views: 1,478Next Topic  
Pillar of the Community

Canada
632 Posts
 Posted 04/26/2013  2:47 pm Show Profile   Bookmark this topic Add t_y to your friends list Get a Link to this Message Number of Subscribers
The thread "$20 for $20 brochure/certificate query" made me think.

I collect coins not packages, so, I throw away everything: boxes, wrappers and certificates.

So, I have a question: when selling, will I have to give a discount, and if so, of how much?

Another question: if I have to give a discount, for how much would I be able to sell only the box and the certificate?
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jpaiva83's Avatar
Canada
567 Posts
 Posted 04/26/2013  2:57 pm  Show Profile   Bookmark this reply Add jpaiva83 to your friends list Get a Link to this Reply
Let me put it this way, if I were given a choice between two sellers, each had the exact same coin, in the exact same condition and at the exact same price. One seller had the complete package while the other had just the coin, I would go with the complete package every single time.

Even if I personally did not care about the package, I do know that should I ever want to sell the coin later on, most people will want the whole kit & kaboodle, not just the coin.
Edited by jpaiva83
04/26/2013 3:36 pm
Valued Member
havanacoins's Avatar
United States
214 Posts
 Posted 04/26/2013  3:00 pm  Show Profile   Bookmark this reply Add havanacoins to your friends list Get a Link to this Reply
I agree I'd go for one with the coin and package. Look at toys, the ones in the box sell for those that don't have it. I don't know how much you'd take off with out a box or paper. I don't see many people buying the box empty and paper.
Some subscription sets that have a box that all the coins come in some have sold the box that is a different story
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/26/2013  3:40 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I collect the same way
I do however store all the boxes and clamshells in a big packing box.
Pillar of the Community
Canada
632 Posts
 Posted 04/26/2013  3:42 pm  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
Thanks guys. But you answered a different question. Mine are related to selling: what discount I would be expected to give and how much the box and certificate worth.

I like the analogy to the toy in its package: how much the pleasure of playing with the toy worth? That is the difference between "mint" and "only the coin"
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CanadianCoins1999's Avatar
Canada
335 Posts
 Posted 04/26/2013  3:43 pm  Show Profile   Bookmark this reply Add CanadianCoins1999 to your friends list Get a Link to this Reply
There are many people that buy/get coins with a certificate or without and then look for the packaging
ex; many dealers and ebay sellers sell proof, proof silver, or specimen coins separatelly without the case, of the buyers some will want the case some will not.
Usually I would find that if a seller is selling a coin without the COA, and the box he should sell it for less than the people that sell the coin with the packaging.
@t__y if you have no intention of selling your coins in the future then I'd sell the box on ebay to get some cash, but if you want to sell your coins in the future you should keep the dpackaging as it would be easier to sell thatn a coin without its packaging.
Pillar of the Community
Canada
871 Posts
 Posted 04/26/2013  3:45 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
I always keep all the original packaging. It's better down the road when you want to resell the item. People do ask.
Pillar of the Community
Canada
6768 Posts
 Posted 04/26/2013  4:00 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Looks like t_y still didn't get the question for his questions.

But the advice is clear: keep the original packaging.

As per discount:
I will expect 20% off.
But still will think - is it better to buy coin for $100 with the package and COA or for $80 just a coin in capsule.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 04/26/2013  4:54 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I personally look to pay between 25%-35% less.
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Spikey Norman's Avatar
Ireland
131 Posts
 Posted 04/26/2013  5:07 pm  Show Profile   Bookmark this reply Add Spikey Norman to your friends list Get a Link to this Reply
My wife thinks I'm mad with storage containers full of nothing more than packaging and COAs but sadly it does make a difference. How much to me would very much depend on what it was but the minimum I'd look for would be 10% less than the same item with all the bits and bobs.

As for how much they sell for .... can't say I've looked recently and again I'd say it depends on the item but a few years back I did see COA's going for upwards of $10 and empty boxes for upwards of $5.

Personally I don't agree with the selling of COA's and to a lesser extent boxes as an entity in and of themselves as I'm of the opinion they could then be potentially used by those with less scruples to try and more convincingly pass of fakes as being real to unsuspecting buyers.

Norm
Edited by Spikey Norman
04/26/2013 5:09 pm
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Dcadon's Avatar
Canada
1360 Posts
 Posted 04/26/2013  5:17 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
One day, just for fun, I'm going to go through my boxes, and re-match the coins to them, and the certificates.

In the old days - back in the 70's, you could purchase your coins at a dealer, and pay less - if you didn't want the box. My entire '76 Olympic set is sans boxes from day one.
Valued Member
Ravenzcoin's Avatar
Canada
300 Posts
 Posted 04/26/2013  5:50 pm  Show Profile   Bookmark this reply Add Ravenzcoin to your friends list Get a Link to this Reply
In general, I agree that without the various packaging items, the coins are worth less than they would be with them. And perhaps 20% less value is typical, but I think it might vary.

One group of exceptions, though, seem to be the specimen sets. If you look on ebay "completed listings" for, just as an example, the 2005 specimen set, featuring the Tufted Puffin on the dollar coin, you'll see the individual Tufted Puffin coins generally sold for the same price, and often greater value, individually. Makes no sense, of course, but it's indisputable.

Rob
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sodude's Avatar
United States
149 Posts
 Posted 04/26/2013  7:31 pm  Show Profile   Bookmark this reply Add sodude to your friends list Get a Link to this Reply
You can expect to get about $10 less for a coin without the original packaging and coa.
For sets with nice boxes (e.g. the fractional Maple Leaf sets), those boxes go for about $20.
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lesinwestvan's Avatar
Canada
133 Posts
 Posted 04/26/2013  8:06 pm  Show Profile   Bookmark this reply Add lesinwestvan to your friends list Get a Link to this Reply

Quote:
In general, I agree that without the various packaging items, the coins are worth less than they would be with them. And perhaps 20% less value is typical, but I think it might vary.


This is just my personal experience, but it does vary. If you are breaking up Specimen, Proof-Like, Proof sets etc. the individual coins far exceed the value than a complete set in packaging. Rob made a great example with the "bird" specimen sets. Some of those special loonies sell for more than an entire set.

If it's an individual coin in a clamshell the exact opposite happens. Collector's and potential buyer want the packaging and COA. Expect to discount at the very least 20%.
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