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 Replies: 23 / Views: 5,958 |
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New Member
Israel
9 Posts |
Hello Guys , My Name is Joe I am 26 and I have been collecting coins since the age of 10 .
But I got serious about it after my military service.
and now I am starting to have some space issues so I thought about getting a bunch of Dansco albums and start filling them up but I am not sure if I should open the mint and proof sets just for that.
i know there is a lot of experienced people here who can give solid advice.
Thanks a lot and God Bless !
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Bedrock of the Community
United States
11951 Posts |
 Breaking sets to fill your albums is a good option. If your going to do all the albums, cent through dollar, it might be the easiest and cheapest way to go. |
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Rest in Peace
United States
18456 Posts |
 ,Hmm, I tend to disagree . Once you open a proof set you have a chance of mis-use from the time you crack it out to the time you put it in your Dansco . I know most collectors do this ,but IMHO I would leave them in their rightfull holders . A proof is not a proof once you start messing with them .  |
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Pillar of the Community
United States
6370 Posts |
The proof/mint sets are essentially worthless now, so breaking them apart is a viable option IMO.
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Bedrock of the Community
 United States
18654 Posts |
as long as they are common sets I think it would be ok. common sets are not increasing in value and most likely not going to go up for a very very long time if ever.
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New Member
 Israel
9 Posts |
thanks for the respond guys , iam mainly asking because of the 2012 silver proof set , it is very expensive in comparison to other sets . I dont want to de-value my collection by removing it from the original pack.
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Pillar of the Community
United States
2271 Posts |
Some sets are worth more as a set than as singles and the 2012 is among them. But most mint and proof sets are worth more after they're broken. In the long run this will probably apply to the 2012 as well.
Keep in mind though that the day may come that there aren't enough intact sets for those who want them intact and then there would be a substantial premium on all of them. Maybe the solution is to get your coins out of the mint sets except for those few which have a premium and get those as singles. You can set aside the sets and upgrade at any time you choose.
The best coins come from mint sets so this is a good place to obtain them. Proof coins only come from sets.
Coin collecting is a great hobby and seems to get better every year. What are you collecting now?
Time don't fly, it bounds and leaps.
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New Member
Israel
9 Posts |
i collect from all over the world but at the moment iam focusing on the United States coins , Dollars and Halves at the moment but I know ill try to go for everything at some point. Edited by Joeissa
10/08/2016 09:42 am
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Rest in Peace
United States
17900 Posts |
Common low-value mint and proof sets, and there are lots of them, are never (in my lifetime, at least) going to increase in value simply because there are far more of them than collectors to buy them.
Some of the proof and mint sets, particularly those in the 1950's and earlier, should be maintained in their sets as they do sell better as sets.
If you are decent with a camera you can photograph the coins in your sets and print them out on glossy paper and cut them to fit in a 2X2 X20 page. You can see each coin individually, yet they remain as sets. It could be done for Dansco's too, although cutting everything round would be a royal pain.
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Moderator
 United States
54280 Posts |
Quote:
A proof is not a proof once you start messing with them . A proof is always a proof, even if you "mess" with it. Now, it may not be a pristine proof, it might become an impaired proof, but it is still a proof. Personally, I don't remove proofs from their original packaging. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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New Member
Israel
9 Posts |
Now iam Lost hahaha I dont know what to do , How do you display your coins ?
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Pillar of the Community
United States
4469 Posts |
There are no rules on what or how to collect coins. I would have no problem cracking coins out of a set for grading on putting in an album. I went form my all my coins being in albums and today 90% of my coins are in certified holders.
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Bedrock of the Community
United States
94367 Posts |
If a proof set is somehow impaired (discoloration, milk spots, etc.), I think cutting them makes sense. If not, I'm a leave-it-as-a-set guy. Mint sets, might as well cut them and enjoy the ones you like in your albums. to the CCF! |
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Pillar of the Community
United States
3516 Posts |
Well, I think there is only two reasons to crack a set. Awesome toning on the coins, or one or more of the coins are die varieties. I cracked a set that was a 79-s, only the cent was a Type one, but I wanted it in my binder. Also, I've had sets that were improperly stored with awesome toning that was about to go terminal If I didn't crack it.
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Rest in Peace
United States
18456 Posts |
Quote:
A proof is always a proof, even if you "mess" with it. Now, it may not be a pristine proof, it might become an impaired proof, but it is still a proof.
Ok , but who would want to buy a common impaired proof ? Certainly not me . I don't know if I have a leg to stand on here ,but I'm from the old school and I didn't crack out proof coins . Left them in their original mint packaging . In my opinion this was a better display . And didn't have to worry about hairline scratches .  |
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CCF Advertiser
United States
1533 Posts |
Proof sets with some minor spots will sell at bid. Once broken out, a proof coin with milk spots goes in the junk bin. Its virtually unsaleable except around melt.
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Replies: 23 / Views: 5,958 |
Posted 10/08/2016 03:23 am
