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Proof Sets - Break Them Open Or Leave Them Intact...

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Author Previous TopicReplies: 10 / Views: 3,247Next Topic  
Pillar of the Community
srs77's Avatar
United States
3112 Posts
 Posted 09/13/2013  10:28 pm Show Profile   Bookmark this topic Add srs77 to your friends list Get a Link to this Message Number of Subscribers
I have a small collection of proof sets still in OGP. They are:

1957
1960
1961
1962
1963

Just looking for opinions, is it better to leave them in the OGP or break them open and either securing the individual proof coins in either slabs or some type of holder and/or getting them graded by a TPG?

It's not so much that I'm looking to do this but am wondering where the value might lie. In OGP or separated out and possibly graded.

I look forward to hearing the thoughts of the community.

Thanks....
Pillar of the Community
muddler's Avatar
United States
7188 Posts
 Posted 09/13/2013  10:34 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I have retained my similar sets in the original cellophane and yellow envelope. It would probably not be worth the efforts to have them sent to a TPG unless a particular coin is a cameo. There are just too many regular proofs out there in the PR64 to PR66 range. If you have albums of the series you may want to place them in your albums.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/13/2013  10:39 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
A lot of it kind of depends on what kind of coins are in the proof set. If theres a truly superior example/examples you would increase the value (possibly substantially) parting it out and having it graded. If the coins are kind of so so theyre probably better off in the set.
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srs77's Avatar
United States
3112 Posts
 Posted 09/13/2013  11:35 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
The problem I see is it's hard to tell just how nice the coins are in the cellophane. While I can see in mine that I really don't have any cameo coins in the group I also don't see the dreaded milk spotting or scratching either. Maybe it's best just to let them be as they are... Just not sure...
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/14/2013  01:11 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Thats kind of the catch 22 of it, sometimes you have to break them out to really see but it wasnt always the best move. If you arent sure you can always leave them be and try figure out a better way to get a look at them playing with different lighting or something like that. You can always break them out later
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/14/2013  03:05 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
The US and Canadian proof sets I have had are easy to crack as they are not sealed like the Aussie Proof sets which are buggers to open
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clairhardesty's Avatar
United States
1027 Posts
 Posted 09/14/2013  3:07 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
I don't think that keeping them in the OGP has any value unless they are from before about 1955 or so but I am not sure that the added value is worth reducing your enjoyment of the coins. For most of my pre 1965 mint & proof sets, I have removed them from the OGP and put them in hard flips. A few really nice ones are in capsules. I like to be able to hold the coins in my hands, usually but not always with the gloves on. A cameo or deep cameo coin is a special beast, created by brand new dies and lasting for only a few strikes. Fully brilliant was the intended finish but they had to let the first few coins put the final polish on the die. If you ever decide to have some of them graded and slabbed, it will not matter whether or not they are still in the OGP. Just take care of your coins and do what you need to do to maximize your enjoyment of them.
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Morgans Dad's Avatar
United States
5604 Posts
 Posted 09/15/2013  10:31 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I think Clair said it the best.. I too collect proof and mint sets from the early 50's, late 40's and IMO the OGP'G is Priceless!!!!
Valued Member
fromms2244's Avatar
United States
461 Posts
 Posted 09/15/2013  12:10 pm  Show Profile   Bookmark this reply Add fromms2244 to your friends list Get a Link to this Reply
I left all mine in opg and put them in an album. I then stored the envelopes separately. The only problem with breaking them out is that it cannot be undone. Leave em in and find a way to display them in my humble opinion. A lot of them have already been broke apart...
New Member
United States
24 Posts
 Posted 03/23/2014  6:58 pm  Show Profile   Bookmark this reply Add artmart to your friends list Get a Link to this Reply
I have seen a lot of proof coins for sale. Which I believe they are from a sets that the dealers do not want to deal with them any more..
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 03/23/2014  10:42 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Generally speaking, breaking up the sets and piecing them out will usually be more profitable. But if you are not planning on selling them, then just leave them be.

Having said that. 55 and earlier present the biggest conundrum. More so 54 and back. The OGP for a small part of 55 and all of 54 and back really stinks as far as long term storage goes. The plyofilm (or whatever they called it) that each coin is in can lead to some nasty toning and black spots. But it can also do some wicked nice toning too. The coins can also clank on each other with fair ease. I have a 52 and a 53 set in OGP on lay away at my LCS. When I find a 54 I like, that will give me from 52 complete in OGP. But I REALLY want those coins out and in a Capital Plastics proof set holder to protect them. Plus looking at them is really a pain in that packaging. I will be making a similar post when I get them. LOL

But for those I would say leave them be. Try getting another set and pick between the two which one you want out and leave the other in. Best of both worlds.
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