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 Replies: 12 / Views: 3,721 |
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Valued Member
Canada
413 Posts |
I'm using Unimaster albums for all my decimals and most of my coins range from G4 to EF from 1858 to 1959 for my 1960 to 1970 I used PL sets and cut them open.
Now for 1971 to 1980 I'm considering breaking up my Double Dollar sets and using the coins in the Albums and then placing the Commemorative silver $1 coins in a Numis display box. I've noticed some damage in the 1971 and 1972 sets where the velvet is sticking to the coins I can clean those up and then buy the silver 71/72 dollars separately.
My question is should I continue to do this with 1981 going forward as this is the transition year where the Canadian sets actually became Proof sets. The Silver Dollars even at 50% will look great in the Numis display but do I want proof coins in my Albums? I have Double Dollars up to 2004 and a couple more later ones.
I notice that many of the Silver Dollars often match or exceed the value of the entire set put together especially once we get to the 90's with the higher silver content and then again later when all the coins are silver.
What's the general consensus - do I break up my Double Dollar sets? and if yes where do I stop 1980 or 1991 or 1996
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Valued Member
 Canada
413 Posts |
Ok I guess this is a delicate topic and nobody wants to be wrong, being a collector's forum surely you can share your thoughts on subject, I don't believe that there's a right or wrong answer here, I would just like to get a feeling of the collector that's in it for the long haul.
Hey Luc, that's a stupid idea you should never break up a set unless you are selling off the individual coins and not planning on keeping your collection, your Grand Children will appreciate the fact that you kept all the original packaging and these sets will eventually increase in value because so many sets are being broken up today.
Hey Luc, that's a great idea this way you will guarantee the highest quality coin in your collection, there's a reason that you were able to pick up these sets so cheap, there are so many of them around and they have never increased in value as a set.
Hey Luc, that's a stupid idea you should try to keep your collection with the highest grade of business strike available and not mix the coins with Specimen or Proof sets
Hey Luc, that's a great idea, this will produce a nice display of Silver Dollars which will only increase in value and ensure that you have a high grade decimal collection using the remaining coins
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Pillar of the Community
 Canada
5394 Posts |
based on many years of coin dealing the idea of "saving for the grandchildren" is one of the silliest out there! They generally will not give a toss about the coins and only want the CASH! So save the coins the way you want and enjoy the hobby!
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Pillar of the Community
 Canada
9864 Posts |
They're your coins to do with as you please.
Personally I would keep the sets intact.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
726 Posts |
Edited by persistnt
02/13/2014 11:31 pm
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Valued Member
Canada
413 Posts |
Thanks for the responses. Pacificoin - I think I'm going to have to agree with you on the Grand-children thing, I remember going through my Dad's silver dollar and fifty cent collection back in the 60's (kicks self in butt)
DBM, I've only been collecting since last June and this is the kind of thing I want to hear from experienced collectors - I just don't want to do another major "faux pas" with the coins (I've already cleaned a number or my earlier silver .05, .10 and .25 but they are mostly lower quality coins that I fully intend to upgrade as the opportunity presents itself) Haven't touched the .50 or $1 coins
persistnt I'm kind of leaning your way and considering the breaking up of the coin sets at least to 1995 - after that the increased silver content will maintain the value of the later sets
Edited by lucv13
02/13/2014 11:32 pm
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Pillar of the Community
Canada
726 Posts |
Edited by persistnt
02/13/2014 11:36 pm
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Valued Member
Canada
457 Posts |
Hey Luc,
I'm looking at the same problem from a couple of different angles,
First I have NO ROOM! for all the sets that I have ( about 40 proof sets and a bunch of specimen sets)
Second, it's hard to compare one year to the next as you open and close each box.
Third I collect coins, mostly dollars....not box's.
For me its not a question of IF they are coming out of the box's it's when and how will I display them after they are out.
Once I start pulling all the sets apart I will have to make a decision on what to do with the penny's, nickles, dimes, quarters and 50 cent pieces.
I think they will just go in to 2X2 in binders but the dollars will end up in a case of some kind.
I truly believe you cant go wrong by pulling these sets apart, They have no real long term dollar value.
The value that they do have is art, and art needs to be seen.
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Valued Member
United States
406 Posts |
We have no kids but Uncle George (and now Great Uncle George and [yes, even] Great Great Uncle George) used to religiously give coins to his nephews every year hoping to get them interested in the Hobby of Kings. When they grew up and moved out of the house they didn't even take them along! My sister showed me their collections recently, dragging them out from the garage. Some nice stuff in there, being appreciated by absolutely no one! Best Regards,  Uncle George Edited by giorgio11
02/15/2014 7:08 pm
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Pillar of the Community
Canada
867 Posts |
and those 50% silver, 50% nickel coins are impossible to get rid of as bullion....
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Pillar of the Community
Canada
1005 Posts |
My albums don't have proof coins in them.
I am a set cutter/cracker.
Take the dollars out for your set of dollars. The circulation coins in the proof sets don't appeal to me personally.
I've had tons of proof sets, all broken out.
I hated going through boxes and packages to look at coins.
The proof finish on the coins is nice but not my cup of tea.
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Valued Member
Canada
413 Posts |
Well after reviewing all responses so far I believe that I will display the Silver dollars. Keep the remaining nickel dollars and coins in either 2x2s or maybe the plastic year sets in a box together. This way I won't have a mix match of Business strike, PL, and proof coins in my albums, and this will also free up some space. I think I will however keep the 1996 and newer set's intact, for now anyway. Always open to other suggestions so keep-em coming...
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Pillar of the Community
Canada
805 Posts |
I break them up and sell them separately if the casing is in poor shape. It takes away from the appeal.
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Replies: 12 / Views: 3,721 |
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Posted 02/13/2014 03:19 am
with everyone.......I had red come off,and on to my coins as well in early 1970's...The coins were damaged and I never got them "cleaned" or whatever yu want to call it from the red felt...Maybe some old thread here will say what to do....I try not to break sets myself....especiall if wraped in pliofilm..but I do have some 25c PL coins in white 2X2's..So I guess I am both ways at the same time...I say 1995- then more money for 96 proof coins......
I heard to not mix PL,Proof, Circ (Bussiness strike, I store each only with same, in same tin(Wrapped in 2X2, or Pliofilm).
I also have normal looking binders of 2X2 pages (So others may not know what is in them at first glance-Safety?). Each binder is different Denomination of coin.....I also store or keep separate tokens, from coins......Like yu said then can pull certain year denom. out of middle some page when yu get a better (Grade) coin that year....
