| Author |
 Replies: 7 / Views: 1,170 |
|
|
New Member
Canada
3 Posts |
Hey folks,
Looking for some insight/opinions. I have a 2005P non-mag penny still mint sealed in an Oh Canada! set. I can appreciate the value of the set, however, my personal opinion is I can't much enjoy the coin as it is, only viewing one side through plastic wrap, etc. My preference is to remove it from the set and store it in a capsule as I have with my other unique finds. I'm not interested in sending it away to have it graded.
Now, I am only a simple hobby collector, but I understand there is some investment value in what I have here - considering what I paid for the set when I got it, and before I knew it was a non-magnetic cent.
What I'm wondering is am I drastically reducing the value of what I have by removing it, or am I better off leaving it as is and just accept having this out of place set tucked away to never be looked at?
Thanks.
|
|
|
|
Pillar of the Community
United States
3468 Posts |
If you cut the cent out, I would think the set would lose any premium it currently has. It would be difficult/impossible to prove the cent in the capsule came out of the set.
|
|
Valued Member
Canada
191 Posts |
Personally I'd cut it out and into an airtight to avoid worrying about tears and dings.
|
|
Pillar of the Community
 Canada
5585 Posts |
In my opinion, you'd be better off taking the cent out and putting it in the best protective air-tight container you can find. I'm not in to moderns, but is that the only coin in the set that has any significant added value, or is there any value?
|
|
Bedrock of the Community
United States
94367 Posts |
 to the CCF! |
|
Pillar of the Community
Canada
5324 Posts |
All the value is in the cent get it graded, you can buy Oh Canada sets for issue price at larger coin shows, collectors that are willing to pay around a couple grand for this type expects it to be a high grade red cent. Forgot welcome !
Edited by john100
06/28/2022 10:00 pm
|
|
Moderator
 United States
187940 Posts |
to the Community! |
|
New Member
 Canada
3 Posts |
Thanks for the welcome guys and the replies.
Yeah, I'm not particularly fond of the set itself, but wasn't sure if it was that much more valuable keeping a sealed set with the non-mag cent vs just having the cent itself. Seems removing and keeping it capsulated is the best way to go, and pleases me more to have it that way.
If I ever do plan on parting with it, I would definitely have it graded, but won't while I keep it for my own enjoyment.
|
| |
Replies: 7 / Views: 1,170 |
|
Posted 06/28/2022 6:31 pm
