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 Replies: 12 / Views: 2,995 |
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Pillar of the Community
United States
819 Posts |
Little pun using Hamlet there.. faced with a question of what to do with this apparent albatrose...2012 Canadian proof set with gold relief. Have it for sale on coin community auction site and also ebay. inviting offers on ebay but none forth coming. Searched and found a similar set selling for less than $130! I definitely want to part with it even at a loss, the question is how with the least loss. I am thinking of cracking it open and offering the individual coins on ebay or to the community...is this a wise move? need some opinions  |
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Valued Member
Canada
299 Posts |
Personally, I always bust the sets open, if I bother to get them. I only want the dollar usually and look on ebay for single dollars to cycle around. |
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Pillar of the Community
 United States
2843 Posts |
I think most proof sets will sell better as single items, but the effort that goes onto selling them is probably not justifiable.
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Pillar of the Community
Canada
2366 Posts |
The 2012 loonie, toonie, penny and dollar sell well individually.
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Pillar of the Community
 United States
819 Posts |
thanxz for the input, next trip to Houston VA I will swing the coin shop I frequent and get the proper size holders to encase them in. bob
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Pillar of the Community
United States
819 Posts |
One other question please....is it worth getting them graded and slabbed?
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Pillar of the Community
Canada
5324 Posts |
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Pillar of the Community
Canada
1984 Posts |
I would offer the key coin for sale first at the price you want while it is in the set but promising to break it out carefully. That way you don't break the set until you know you have most of the risk covered,
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Pillar of the Community
Canada
1775 Posts |
Chiming in on the flip side of the coin. The above advice says do it. I have 5 proof sets sitting here, 80s and 90s, still in the case, and have been for some time. I got them very reasonably just so I could break them open. I'm talking 'do it' cheap. Still trying to get the guts to do it. I also do not have the $ in my coins that your set is worth. Maybe tomorrow I'll 'do it'.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Pillar of the Community
Canada
2187 Posts |
Not worth grading. They'll get a premium if they come back PF70 but even then, I don't think the premium is large enough to justify the time, money and effort put into it.
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Pillar of the Community
Canada
1505 Posts |
I agree with breaking apart, I was doing this for awhile with the Silver Proof sets, buy at $50-60, split apart and resell for a net take around $90, I was ok with $30 profit, but the values kept decreasing and the prices no longer justified the effort. The 2012 set, has the silver penny with a nice premium, but I would not expect to make much money overall, market for this stuff can be pretty depressed with lots of available product. I would not send them for grading.
Smallcentguy has a great strategy of selling the key coin first, then when that goes package off the rest. The nickle, dime and quarter can be a tough sell.
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Pillar of the Community
United States
819 Posts |
thanxz all, some great wisdom there...will ponder my options but will not get them graded (probably use my table saw to split between the coins and they should do it...LOL)
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Valued Member
Canada
491 Posts |
I have always broken them to get to the coins. The single coins do sell better then a set.
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Replies: 12 / Views: 2,995 |
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Posted 06/14/2017 6:41 pm
