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Breaking Open Prestige Sets For Commemoratives

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louismarcel's Avatar
United States
27 Posts
 Posted 04/03/2015  01:05 am Show Profile   Bookmark this topic Add louismarcel to your friends list Get a Link to this Message Number of Subscribers
What are people's thoughts on breaking open prestige sets for the commemorative coin and selling the rest and ogp. Prestige sets are so cheap now, they pretty much just cost the value of the commemorative until you get toward the end of the prestige series.
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CSOTUS's Avatar
1153 Posts
 Posted 04/03/2015  05:28 am  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
I have broken up mint sets and proof sets, but I don't think I could break a prestige set..
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denco7's Avatar
United States
2543 Posts
 Posted 04/03/2015  06:23 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Same here, I have broken up many....many proof and mint sets, but I don't think that I would ever crack a Prestige set.
With the Prestige sets, the Premier Silver proof sets, the American Legacy proof sets and most of the Coin and Chronicle sets, the packaging, whether you like it or not, is just as important to the set as the coins are.

Just go check out the "Post pictures of U.S. OGP sets" thread.
Edited by denco7
04/03/2015 06:24 am
Valued Member
109 Posts
 Posted 04/03/2015  06:28 am  Show Profile   Bookmark this reply Add valleyco to your friends list Get a Link to this Reply
When you own a set you can do whatever you want with it. I doubt you would find much value for the packaging. The packaging can be easily opened and resealed.
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Nickel Guy's Avatar
United States
604 Posts
 Posted 04/03/2015  4:47 pm  Show Profile   Bookmark this reply Add Nickel Guy to your friends list Get a Link to this Reply
As an avid fisherman, I think I've opened up just as many mint and proof sets as fish I've caught! Although, I yet to open one Prestige Set.
However, it's yours, so you can do with it as you please.
Edited by Nickel Guy
04/03/2015 4:48 pm
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GR58's Avatar
United States
11951 Posts
 Posted 04/03/2015  10:03 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
breaking open prestige sets for the commemorative coin and selling the rest and ogp.


I break a lot of sets .. hundreds. In my opinion trying to
sell the common proof coins and the OGP .. would not be easy
and make any profit. I have seen coin shops just dump the coins
they don't use to the bank.

Also I feel the early prestige sets have commemorative coins that are very common and do not cost much to purchase
on their own.

Prestige sets may not have very much value now ... but they may in the future.

I think as a group they can be a good part of your collection


Breaking-Open-Prestige-Sets-For-Commemoratives

Breaking-Open-Prestige-Sets-For-Commemoratives
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jbuck's Avatar
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187702 Posts
 Posted 04/04/2015  01:00 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Same here, I have broken up many....many proof and mint sets, but I don't think that I would ever crack a Prestige set.
Same here as well.

I only have three prestige sets now. I hope to acquire more in the future.


Quote:
I think as a group they can be a good part of your collection
Love those two photos!
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CelticKnot's Avatar
United States
12813 Posts
 Posted 04/04/2015  01:18 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I'll have to add these to my hunt list. GEE THANKS, guys....
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Conder101's Avatar
United States
17884 Posts
 Posted 04/04/2015  09:37 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
If you want the Commemorative just buy it, it would probably be less than the Prestige Set, and you don't have the headache of trying to get rid of the extra coins. And the last two Prestige sets I believe are considerably more than the commems are worth.
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louismarcel's Avatar
United States
27 Posts
 Posted 04/06/2015  12:16 am  Show Profile   Bookmark this reply Add louismarcel to your friends list Get a Link to this Reply
Yeah. But the early prestige sets can sell for as little as 20 bux. That's cheaper or the same price as the commemorative silver dollar on their own. I'm torn. It probably would be a pain to sell the ogp and common proofs. Hmm
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CelticKnot's Avatar
United States
12813 Posts
 Posted 04/06/2015  01:15 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I always go back and forth on this one. On the one hand, I don't care for breaking coins out of sets, but on the other hand, doing so makes those that are still in OGP (incrementally) more valuable.

Do what you like.
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jbuck's Avatar
United States
187702 Posts
 Posted 04/06/2015  2:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I cannot believe I am saying this...

If you can get the set for less than the single commemorative dollar, then get the set, pull the dollar, and spend the rest.

(I would rather you not do that though.)

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