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Proof Like Sets.

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 Posted 09/26/2014  10:06 pm Show Profile   Bookmark this topic Add Coin Scavenger to your friends list Get a Link to this Message Number of Subscribers
The early PL sets from the 50s and 60s, came in a verity of packaging from the mint, are any worth more than the other.
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Pacificoin's Avatar
Canada
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 Posted 09/26/2014  10:41 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
No the pl sets of the fifties and 1960 did not come in a variety of packaging. they all came in cardboard holders wrapped in cellophane. The 1961 and later sets came in pliofilm. The socalled 1953 pl sets are just unc coins for the most part
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kuh_85's Avatar
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 Posted 09/27/2014  12:53 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Some sets are Circulation coins done up as sets by other vendors and not issued by the RCM. For example, the ones in the plastic strip snap cases or cardboard display cards. The only RCM PL sets are as @Pacificcoin describes above. Specimen Sets didn't start getting issued until 1970, Prestige Sets in 1971 and Proof sets in 1981.
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Canada
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 Posted 09/27/2014  01:33 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
They were indeed packaged from the mint as described. I still have a '64 set that I removed almost immediately from it's pliofilm package to put in a plastic snap case, at the time it seemed it just looked better.
"Dipping" is not considered cleaning...
-from PCGS website
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Universalcoins's Avatar
Canada
147 Posts
 Posted 09/27/2014  02:29 am  Show Profile   Bookmark this reply Add Universalcoins to your friends list Get a Link to this Reply
And you have to be very careful about the packaging of the earlier PL sets. Many circulation sets were put into similar cardboard holders so the state of the coins can't be determined solely on the packaging. The Charlton catalog has a good write-up of what the genuine holders looked like (most often stamped with the Mint's name and address on Sussex Drive).
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Canada
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 Posted 09/27/2014  11:20 am  Show Profile   Bookmark this reply Add Coin Scavenger to your friends list Get a Link to this Reply
Yes, I was fooled, cardboard holders with plastic covers. I'm confused about PL graded coins in those years now, but I will do the research. I'm guessing it could be a bit of a win, win as now I'm looking at high ms grades and I'm guessing more chance of finding errors.
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Canada
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 Posted 09/27/2014  11:56 am  Show Profile   Bookmark this reply Add Coin Scavenger to your friends list Get a Link to this Reply

I'm guessing these would be original PL sets?


Proof-Like-Sets.
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Pacificoin's Avatar
Canada
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 Posted 09/27/2014  12:32 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
indeed
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 Posted 09/27/2014  1:27 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Guessing is right. It has the appearance of the original RCM packaging. The original cellophane quickly became brittle,fragile, and somewhat opaque.Seems that on most sets the original plastic was repaired or replaced,sometimes one or more coins was replaced with a circulation strike. Many sets with with tears by the dollar like yours had the dollar removed and replaced with a circulation coin.As well these cardboard holders were widely available and many sets in them are simply after market assembled sets. The only way to tell if the set is original is to examine all the coins to ensure they are all PL strikes. About twenty years ago I learned a very expensive lesson while buying the '53-'60 sets from unreputable or unknowledgeable dealers.Be careful!
"Dipping" is not considered cleaning...
-from PCGS website
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JimmyD's Avatar
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 Posted 09/27/2014  4:10 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
I agree with DBM.
I'd be cautious of buying one of these sets without being able to see it first. I have seen them advertised with no wrapping as it had supposedly disinegrated. How then, do you know they are the original coins?
I also saw one on ebay advertised with the original cardboard holder. The holder was original, as it had the RCM printing on it. Only problem with this is that it was a set of 58 coins and the RCM printing was only issued with the 60 set.
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dialog_gvf's Avatar
Canada
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 Posted 09/27/2014  10:47 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Isn't it also true that even if it is a completely genuine early set of coins from the mint, 0-6 could be PL?
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 Posted 09/27/2014  10:50 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Yes
"Dipping" is not considered cleaning...
-from PCGS website
Valued Member
Canada
444 Posts
 Posted 09/28/2014  01:04 am  Show Profile   Bookmark this reply Add Coin Scavenger to your friends list Get a Link to this Reply
If an original proof set was found in a holder that was in less than perfect condition, would it be better to replace the holder? If the holder was replaced would it lower the set value?
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 Posted 09/28/2014  01:20 am  Show Profile   Bookmark this reply Add Coin Scavenger to your friends list Get a Link to this Reply
Had a good find among the sets, 1953 no shoulder fold.
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JimmyD's Avatar
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 Posted 09/28/2014  09:30 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Yes, changing the holder would reduce the value. It would be like cleaning a coin to make it look better. It is the original holder that drives up the prices. Compare value of pre 61 sets in cardboard to the later issues in pliofilm. Also, to change cardboard, what would become of the the original cellophane jacket which most collectors would require.
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Pacificoin's Avatar
Canada
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 Posted 09/28/2014  10:28 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
The reason a lot of the early sets got broken up is simple. One coin that was a superior example could easily pay for the value of the entire set . Remember buy coins Not holders.
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