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 Replies: 20 / Views: 2,934 |
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Valued Member
United States
337 Posts |
Often a coin is sent for grading, so the empty box and COA are offered on ebay. I have even seen one large dealer selling empty boxes. The box and COA are intended to say something about the coin, and selling empty boxes tempts people to insert a lesser coin, inferior strike, into them and imply greater quality. I tend to avoid a seller who does this. Yes, it is legal, but why would a person buy a box if not to fill it. I feel it deteriorates the hobby. Am I the only one who views the sale of empty boxes this way? What do you think of preserving the hobby by dealers? |
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Pillar of the Community
United States
1391 Posts |
What if you buy a graded coin and want to crack it out and put it in a box?
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Bedrock of the Community
13014 Posts |
The boxes from the mint and the coas are very specific about what they are. Youre not going to fool anyone trying to sell ASE boxes filled with a quarter for example. There are a couple ways you could but I wont mention them and one of them you can easily tell by the difference in the coins. People that do that will always find a way to cheat people, not selling boxes wont stop them. People buy boxes for all sorts of reasons though. They may have bought the coin on the secondary market and it didnt come with one, theirs could have been damaged, or someone may just like them. If a coin of inferior quality ends up in one of those special boxes its basically because it left the mint that way. The things with special boxes are almost all/if not all special collector issues, most of the boxes dont even have individualized COAs. I have no problem with anyone selling or trading them when theres plenty of reasons they would change hands that have nothing to do with fraud. |
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Valued Member
 United States
337 Posts |
I can agree with putting a coin in a box, just not one from the mint that initially housed an individual coin. For example, placing a well struck coin in a proof box and adding the proof COA. This is what I fear is the intended result.
I am not referring to monster boxes for storage.
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Bedrock of the Community
13014 Posts |
Proof coins only come in those boxes. Theres no inferior cheaper proofs that can be bought and pull a switcharoo with
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Pillar of the Community
United States
1584 Posts |
I used to buy all the GSA boxes and COAs I could get my hands on. I see nothing at all wrong with it. The box and COA don't represent or indicate any grade or condition. Some people want to return their GSA morgans to the original packaging. As long as the date on the coin matches the number on the COA, all is well, IMO.
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Valued Member
Canada
129 Posts |
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Pillar of the Community
United States
561 Posts |
I have to agree with basebal21 on this one. There are so many legitimate reasons that someone would be looking to purchase just the OGP for a coin or set they currently have that I see no reason not to do. Not to mention it HELPS the hobby and the environment by keeping them out of landfills and allowing the dealers to earn some additional revenue so they can stay in business and sell me more coins.
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Valued Member
United States
272 Posts |
i agree, and if for some reason someone cracks the boxes open and takes out the coin and replaces it with a lesser graded coin, you should be able to tell. Thats why they have the Red Book and not to mention the internet and CCF's glossary of pics of every coin. |
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Valued Member
United States
317 Posts |
Buy directly from the mint. It will put your mind at rest and you'll probably get a discount on the item.
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Pillar of the Community
United States
1584 Posts |
Buy the coin, not the box!  Edited by noD
01/23/2014 08:50 am
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Bedrock of the Community
United States
20753 Posts |
I collect coins, not boxes. As to what is offered on ebay, almost anything. People try to sell half eaten biscuits, piles of stuff, old cloths and on and on. So why not an empty box? I wouldn't doubt if someone tries to sell the materials to make one. |
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Moderator
 United States
187702 Posts |
Quote:
I have to agree with basebal21 on this one. There are so many legitimate reasons that someone would be looking to purchase just the OGP for a coin or set they currently have that I see no reason not to do. I agree as well. I have kept all of the OGP materials from my freed coins and I doubt I would ever sell any of it. A lot of people want to have this material, so there is going to be a market for it. I think it is common for people to buy raw coins and materials separately so that they can reassemble the original package. There is very little opportunity for deceit, since an informed buyer should never rely solely on the COA or packaging for authentication. |
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Pillar of the Community
United States
1300 Posts |
I recently found a auction on ebay. Someone had taken a 2000's cracked out set's packaging and inserted what appeared to be mint set coins into. Any speculation into his intent would be just that but none the less I passed right on by the auction. I occasional use whitman 5 coin set holders and put date set's together I recently did one for silver coins of the 40's and inserted a BU steel penny. Something fun for teaching about silver coinage. And ironically all coins are in pretty good shape.. Love digging au-bu coins out of "junk" boxes one of my favorite things. |
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Moderator
United States
187702 Posts |
A good example for "buy the coin, not the holder." By the way, when we say that, we are not slamming on the holder, just reminding everyone to look at the coins before making a decision.  |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Proof coins only come in those boxes. Theres no inferior cheaper proofs that can be bought and pull a switcharoo with OH? What about clad proofs in a silver proof case? Was a big scam back in 2000, 2001, 2002 when the 1999 and 2001 silver sets went through the roof. |
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Replies: 20 / Views: 2,934 |
Posted 01/22/2014 6:18 pm
