Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1978 Greek Proofs Value?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 4 / Views: 1,179Next Topic  
Valued Member
Alex12780's Avatar
United States
344 Posts
 Posted 11/04/2016  6:36 pm Show Profile   Bookmark this topic Add Alex12780 to your friends list Get a Link to this Message Number of Subscribers
Bought this online a week ago for $3.50. I know nothing about foreign coins and almost no helpful information comes up when I google it. Can anyone tell me anything about it and what the usual asking price is for this set? I'm just curious if I spent the normal price. Also some of the coins have issues such as black marks and fingerprints.

1978-Greek-Proofs-Value?

1978-Greek-Proofs-Value?
Valued Member
Alex12780's Avatar
United States
344 Posts
 Posted 12/03/2016  02:17 am  Show Profile   Bookmark this reply Add Alex12780 to your friends list Get a Link to this Reply
Thoughts?
New Member
United Kingdom
2 Posts
 Posted 12/29/2016  09:21 am  Show Profile   Bookmark this reply Add K_London to your friends list Get a Link to this Reply
The 1978 Proof hard case goes for around 40 euros (more expensive at shops).

The 1978 Uncirculated hard case goes for around 15 euros (more expensive at shops).

Note: the coins individually have next to no value, only the hard case set has the value stated above.

I cannot determine from the photos if it's the proof set. You can see a proof one here https://www.fleur-de-coin.com/coin-...t-1978_set24 and determnine if it is indeed proof. You can also check with the 1978 proof set here:http://www.tarassouleas.gr/EN/OffersNum1.html

All-in-all I think it's a good purchase _even_if_ it's the uncirculated version.

I can't comment on the marks/spots as I'm not knowledgeable enough about that.
Valued Member
PatAR's Avatar
United States
262 Posts
 Posted 12/29/2016  11:34 am  Show Profile   Bookmark this reply Add PatAR to your friends list Get a Link to this Reply
Collector interest in world modern pre-euro coins has risen dramatically in recent years. However, the number of such collectors relative to the available number of coins/sets is still relatively small. Even a set like this with a mintage of 20,000 (if proof set) to 50,000 (if mint set) may have only 100 people looking for that particular item. That leaves 19,900 sets that may never sell. With so many available coins to choose from, most collectors prefer problem free coins/sets. That is, coins with no spots, hazing, fingerprints, etc. This holds true for collectors in most countries.

In North America in particular, third party grading and set registries play a role in pushing the highest graded pieces up in price. A scarce or even relatively common coin from a country for which there are many determined collectors may, in MS67 or higher, often bring a significant premium here.

With all of that said, a couple of the pieces in your set appear to be problem free, though they are hard to grade from the photos. For a bit of history in your hands and the learning experience it provides I'd say the price was just right.

Hope this is helpful.
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 12/29/2016  5:25 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Fortunately for you, there is a world outside the US. What PatAR says may be true from an American point of view, but that's because for Americans only American coins exist and the rest is regarded 'the dark side'. Pity, really, as we have lots to offer here and different rules apply than for US coins in the USA...

It seems to me that some of the coins in the set are slightly damaged. That's a shame really, as it doesn't improve the value of the set. However, as K_London said, these coin sets do have a good value, as 1978 is one of the few years where Greece has issued a proof set (if this is indeed the proof set). As such, a set actually has value because it's a set, and the individual coins are indeed as much worth as their metal: all of these are sold by the kilo here. So, no matter what, but you can probably sell this set for more than you paid for it, anyway. Just try to sell it somewhere else than in the US, though. And keep it as a set! The plastic adds the value.
  Previous TopicReplies: 4 / Views: 1,179Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.21 seconds to rattle this change. Forums