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Replies: 5 / Views: 1,586 |
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Pillar of the Community
Canada
1751 Posts |
I was browsing through the mint's 2017 offerings and I fell in love with the Legacy of the Penny set. I missed out on the 2012 set. I also love rose gold more than the usual gold gilded variety. I found a decent discount on the set. Here's my questions: How much importance do you as a collector put on mint condition of exterior packaging? I'm thinking down the road to when for whatever reason I need to sell my collection? I'd love to see my son get the max value back! Yes I understand probably by the time I pass, it may well be bullion value. However, I'm a person who always looks at the utility of almost any purchase I make! I know I will get many hours of enjoyment from gazing at this set!! I've always wondered since I started collecting mint issues, Canada day 2012 how much value the average collector places on the outer sleeve? It's been a curiosity of mine! Reading numerous posts in various sections of the forum over the years, has triggered an ocd effect concerning coin storage and whether or not to keep the sleeves, should I worry if the sleeves get any type of damage    ! This actually pushed me more into circulation coins more! I even had to stop reading the grading sections! My second question: related to the set I would like honest pros and cons regarding the execution of the design and actual quality of the workmanship of the set. I realize people will have a variety of opinions. I'm asking, as I'm buying from a reputable dealer on the opposite side of Canada. Of course I'm not seeing any actual images! I read the long thread on the set, which ended up discussing the merits of whether the set should have been made so early after 2012. There wasn't much discussion of what people liked or didn't like, once it was in hand. This is the objective of my question! It's a good thing I got distracted in 2017, as there's so many sets put out, which are derivatives of the yearly circulation coins, I would have gone either crazy or broke. I'm thinking probably both!! My focus is getting narrowed down to the yearly silver dollars and accompanying 9999 silver circulation sets. However a good poppy or classic designs of pre 1937 coins always grabs my attention, especially if the king or Queen is crowned. Something about those combined elements has me drooling !! Images would be appreciated, not all ebay images are great. Thanks in advance to any who choose to weigh in on either question !!
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CCF Master Historian of USA Commemoratives
 United States
12251 Posts |
Quote: How much importance do you as a collector put on mint condition of exterior packaging? Given a choice between pristine at a small premium and damaged packaging at a discount, I believe most collectors (not precious metal stackers) would choose to pay a bit extra for undamaged packaging. I know it has been the case for me, as I've done it more than once. However, I won't pay exorbitant premiums for better packaging. For example, if I had a choice of spending $90 for a damaged version of a piece that, in average/used condition, retails for $100 vs. spending $120 for the piece in pristine packaging, I would most likely pay the premium for the pristine example. This assumes that a) The piece in question is difficult to find in pristine packaging and thus presents an atypical purchasing opportunity, and b) The premium being asked is, at least, somewhat reasonable. For instance, in my example above, the packaging would have to be rare or very unique for me to consider spending more than the 20% extra I indicated. I also take the age of the piece into account. I believe, in most cases, that I am likely to find a recent release in nice packaging for the average market price, so I won't pay a premium for it. Also, I gauge things based on the packaging component in question. The 2017 Penny Set for example came in a nice wood case and a simple black cardboard beauty box. If there was damage to the cardboard box, it wouldn't impact me nearly as much as if the wood case was scratched, bruised, water-damaged, etc. Quote: I would like honest pros and cons regarding the execution of the design and actual quality of the workmanship of the set. I didn't purchase the set, nor have I ever examined a set in hand, so I can't comment on the technical quality of the set.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems 12/22/2021 08:39 am
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Valued Member
Canada
299 Posts |
Personally, I try to get rid of the packaging as soon as practical. Takes up way too much space. The irony of it is I then send the coin(s) away to a third party grader and get a new package, although usually much smaller.
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Pillar of the Community
Canada
2984 Posts |
Quote: How much importance do you as a collector put on mint condition of exterior packaging? It would depend on each collector. Some collectors like the above person could care less about package condition. I am the opposite end of the spectrum. Each coin must have perfect packaging. That means no dented corners, no scuff marks, no bends, or scratches. It must be like directly received from the mint. The only excemption are coins needed to complete a series. Even then it must be in near mint condition. All of my coins bought from the Mint have perfect packaging. No matter how old. When seling an item I always point that out on my listing.
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Pillar of the Community
 Canada
1751 Posts |
Merry Christmas to everyone, may your Christmas stockings be blessed with silver!! I appreciate the responses I received and by two members I know from my beginnings on the forum. I find the answers interesting regarding packaging. I find storing the sleeves, the most bothersome part of collecting nclt. I agree wholeheartedly on wooden cases! I can agree not as strongly on those bulky clamshells, which I don't find enhance the appearance of the coin. Apparently the sleeve has a little damage. The price was attractive at $472. As I mentioned I missed out on the 2012 set and I crush on Rose gold! I'm really limited on space, so if truth be told I rather not worry so much about the beauty boxes. I'm not a packaging collector!! It seems most collectors in a number of hobbies go crazy for the original in box. Even never opened, a concept I don't understand. My son bought a Ltd edition Nintendo switch, with intentions of making a few $ in a couple of years. He won't even open the box, to check if the item isn't damaged or a lemon. He wants to be able to say never opened! Now I don't think it's wise, not to inspect for any damage, before the return period expires. However, I don't have a clue about other collectables, other than watching an episode of the Big Bang Theory years ago. I'm excited to receive this set, which was an accidental find. I was really looking to get some bullion in themes I enjoy. In my younger days, I was very active in the horse community! So I'm a sucker for a well executed horse design! I discovered bullion has really upped its game in terms of designs! It's also has the bonus of being more reasonable than mint releases. Now I've been working on collecting the silver commemorative dollars and then added the sets! It's been my focus since 2014. I really enjoy the sets, as I don't need to make a decision on how to store/display. As they come attractively presented. Then I have the complete year set of circulation coins in silver, I find is a bonus! I read commens post of his light house cases and trays! It's sort of what triggered the packaging question. It would be wonderful to dispense with the clamshell and sleeves. I wonder in a huge watertight tote how much packaging can truly be stored? I feel the mint could do more with reducing packaging size and waste. For me the truly important thing, is the coin and coa. Especially since there's many attractive storage or display options. As my arthritis and chronic back pain increases, I'm not interested in lifting excess weight! Compactor the better, however, the other side of my brain goes, what if a dispersal is need for an unseen emergency? This is why I was wondering just how important packaging and its condition are to people. I've noticed in myself I tend to get ocd, the more I read on proper coin storage! I've come to the conclusion slabs and air tight capsules will not necessarily stop toning of silver, delay it yes! Years ago I was in search for the perfect method to keep my new mint purchases from toning. After much reading, my conclusion unless I have museum conditions it's nearly impossible. It's why I needed a break, where I just did coin roll hunting or looking through a friend's coin jar for cool circulation coins, like when I was in my younger days! It's a nice feeling to find a cool surprise at face value! So I feel I'm now ready to get back into collecting silver. I'm really going to need to figure out how to store unneeded packaging until it's needed for a far off date. I just finished packing my mom's care home room in November, when she passed. I was amazed by how much there was to pack in a 350 sq ft room! My collection/ board already takes up half of my 12x10 bedroom. I'd never be a person who could live in a tiny house, as I'd probably need a 1/3 for my growing collection  . Coins are a smaller option verses collecting art work to hang on walls. I was really hoping to hear from people who own the set. I was looking forward to reading what people liked, why or what could have been improvements made. It's a Christmas present to myself as I have bought any silver since the pure silver 2016 circulation set. It's going to take me a long while to collect the 2017 offerings. I had been looking forward to 2017 for the previous 2 years! Then it arrived and I got totally distracted! I'm blown away by the amount of offerings that year. It was most likely a blessing, as I didn't have much discretionary spending money. As my son had a major hip surgery March 2017. Between both of us we had 25 medical trips to Edmonton. So I was barely aware of Canada's 150th celebration. So the bright side, I will be getting more bang for my buck. Although it may have been entertaining to hear Steve's speal on each coin  . He's definitely perfected the art of the coin sale! I see humour in it at times. As it's what hooked me on nclt coins Canada day 2012. I have a good laugh at myself from time to time, as I hated the 2 term 8 month art history course I needed for my 1st post secondary degree. Now I absolutely enjoy art. When I was going to university in the 90's I became friends with an internationally recognized artist. I'd hang out for hours in his studio watching him create his paintings of western Canadian history. In the early 2000's I even ran one of his galleries for a short time! It was a dream, being surrounded by beauty, history and meeting interesting people! So it's how I learned to look at collecting from many angles ; along with being interested in how others perceive an art object? As it really is all based on perception!! Beauty can be found in amazing places and is a very difficult topic to define, outside of the golden ratio!
Edited by pocket change 50 12/25/2021 02:52 am
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Moderator
 Canada
10456 Posts |
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Replies: 5 / Views: 1,586 |
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