Hello everyone!! I recently acquired a number of 1964 Proof Sets, only one of which was opened. Here's my question.. Do I open them and look for an accented hair Kennedy or do I sell them as is? I'm leaning towards opening them and then maybe sending some of the higher grade halves out to be graded. Any suggestions?
I'm not a pro on the subject so I can't tell you whether you'd make a profit or not... But I'm a sucker for those high-grade accented hair Kennedy's in PCGS holders.
One caveat to remember, those early proof sets are notorious for having milk spots. I bought and opened 1964 proof set and the Kennedy does have accent hair, but it has 8 milk spots and the quarter and dime are slightly toned.
So is a 1964 spotted accent-hair Kennedy worth more than a clean regular-hair? I don't know, but I'm keeping it anyways.
IMO - I would leave them sealed, leave the mystery in the sale.
It's just like roll hunting, you never know what you have till it is opened.
They may very well be sealed BUT I have around 25 of the '64 sets..all sealed. They are extremely easy to open, check the Kennedys and reseal. No way to tell after the fact.
The three sets I did open this way I reopened and left that way so I wouldn't confuse them with my potentially originally sealed sets.
I have decided to consider ANY "sealed" Kennedy or early proof set as previously opened and pay that appropriate price.
Agree with many of the rest... not a fan of the "unopened" set... whats the point of buying the coins if you aren't going to open the box and see what you got?
And if there is nothing there you can do like a lot of people due, seal them back up again and sell them as "Unsearched sealed 1964 proof sets" to those folks that pay a premium for "sealed" proof sets. If you damage the envelopes while opening them, no problem you can buy new aftermarket "original" envelopes on ebay to seal them in.
Open them. Then put a small piece of paper inside saying, HA, HA, gotcha. Never opened? April Fool Now reseal and put on ebay as already noted, never opened, sealed proof sets.
Quote: And if there is nothing there you can do like a lot of people due, seal them back up again and sell them as "Unsearched sealed 1964 proof sets" to those folks that pay a premium for "sealed" proof sets. If you damage the envelopes while opening them, no problem you can buy new aftermarket "original" envelopes on ebay to seal them in.
Fortunately my personal and professional ethics would prohibit me from doing so.. I guess I'll follow my original plan which was to open them, see if any are exceptional and send them in for grading, if not, sell them as opened sets at my next show. Thanks for the opinions everyone.
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Posted 03/31/2014 11:31 pm
