Amazing Craigslist Find!! 40x Mint Sets (62',64',67')

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Author	Replies: 9 / Views: 2,239
ap1991 New Member Canada 24 Posts	Posted 06/06/2014 04:00 am Hey guys, I had to create an account just to share my purchase I made today from Craigslist! I just started collecting silver a few weeks ago, and have mainly been focusing on coin-roll hunting. Without luck, I have gone through approximately $2500 in dimes and quarters from my local banks and have made zero finds. I decided to scan Craigslist for any silver coins that were going for a reasonable price. My goal was to find a few silver dollars, or maybe a couple of coin sets for 95% of spot value. I noticed that Craigslist is flooded with dealers trying to dump their coins for ridiculous prices and buy silver for dirt cheap from unsuspecting people who just want to get rid of their coins. I was a bit discouraged by this. Late last night, I noticed a new ad for 40 mint sets (5x 62', 10x 64' and 25x 67'). I contacted the buyer as fast as I could, and made an offer of $800 (20 per set). I knew this was a lowball offer, but I was hoping to negotiate to the point where I could buy them for spot value. This would have been around $920, and I knew that the mint sets could be sold for a pretty profit on ebay. (Currently my local coin shop was selling the 67' sets for $35, and the 64'/62' sets for ~$55.) The seller contacted me back the next morning, and said that I was the only person who had made an offer and thus was willing to sell them for $800. I was SHOCKED when I saw the reply. At first I thought there may have been something fishy going on (perhaps stolen coins), but I decided to go ahead with it. I met the individual at a local mall and sure enough, I was shown 40 MINT sets in their original packaging. I happily handed over my $800 and walked away. So, what do you guys think? I would love to start stacking silver but I am not sure if the mint sets are where it's at. Do you think I should sell these on ebay and focus on buying junk (circulated) silver coins, or investing in maple leafs etc? Also, what do you guys think I could realistically get for the 40 sets? Are the 62' and 64' worth quite a bit more than the 67's? Thanks for reading and I look forward to learning some more about collecting from everyone on this site! Edited by ap1991 06/06/2014 04:47 am Report this Post to the Staff

Coin Chick Pillar of the Community Canada 1354 Posts	Posted 06/06/2014 08:05 am Congrats. I would say leave them intact and look for errors/varieties in them. Then either keep them or sell them Report this Post to the Staff
ace_ftw Pillar of the Community Canada 1747 Posts	Posted 06/06/2014 09:50 am Take a look at the Pennies in the 62, and 64, there quite a few popular variations that are worth some money, you can research them on coinsandcanada.com Report this Post to the Staff
Alexer Pillar of the Community Canada 2632 Posts	Posted 06/06/2014 11:14 am WELCOME to CCF ap1991. As mentioned now check for errors/varieties and rotations a diving goose or downhill cat could bring in a nice premium. Good luck Report this Post to the Staff
DBM Pillar of the Community Canada 9862 Posts	Posted 06/06/2014 11:46 am Great purchase! "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
zxcccxz Pillar of the Community Canada 5417 Posts	Posted 06/06/2014 2:36 pm to CCF! That was a great purchase. Money well spent. Mint sets aren't doing too good on ebay right now. I'd suggest keeping them until silver rises. Report this Post to the Staff
persistnt Pillar of the Community Canada 726 Posts	Posted 06/06/2014 3:44 pm and great purchase...In fact I want to say wow!!..,,?/ 68,69 would be lousey sets to have like 20 coppies of BUT not 67 and certainly not 62-64..Wow! Stay with us here-look around now and again,and TY for your pic+ awesome story... Edited by persistnt 06/06/2014 3:44 pm Report this Post to the Staff
ap1991 New Member Canada 24 Posts	Posted 06/06/2014 5:12 pm Thank you all for the feedback! I took a look at the 25 1967 sets for any errors/variations, and I made a couple of interesting finds. I paid particular attention to the diving goose error and any noticeable rotations on the 25 cent and 50 cent pieces. In total, I found 2 out of the 25 sets had silver dollars with approximately a 10-15 degree rotation. I used coinsandcanada.com to verify this, however it seems that the general consensus of the "diving goose" error is a 45 degree rotation; much larger than what I found. My question is can I expect to add value to these dollars with such a small rotation? Is there a general rule of thumb for when a rotation is considered to be a "die rotation error"? On one forum that I found, 15 degrees seems to be the accepted minimum. For the 50 cent and 25 cent pieces I also found a couple coins with approximately the same rotation as the dollars (see image). I tried my best to line up the reference points and I estimated that the rotation spanned 8 beads along the circumference for the 50 cent pieces (see image). On coinsandcanada.com, it seems that the 15 degree rotation is only listed as an error for the 25 cent piece. (25 cents 1967 - Rotated 15% (#606)) Is this also the case for the 50 cents? Thank you all again for the help! Report this Post to the Staff
sweetswede Valued Member Canada 76 Posts	Posted 06/06/2014 10:20 pm nice find! Report this Post to the Staff
persistnt Pillar of the Community Canada 726 Posts	Posted 06/06/2014 10:20 pm Have to check for the Cameo effects-HeavyC,UltaH.C. Report this Post to the Staff
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