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Yet Another Thread About Breaking Open Sets

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Archraz's Avatar
United States
3499 Posts
 Posted 02/15/2009  01:22 am Show Profile   Bookmark this topic Add Archraz to your friends list Get a Link to this Message Number of Subscribers
Poll Question
So today I bought some Canadian mint sets. I found that for a few of them from the 1980s each coin separately would add up to a value greater than that of the set itself. So when you guys encounter this issue do you normally keep your sets together or break them open and feel as though you have seemingly made a profit? haha

Poll Choices
 Keep it intact
 Break em open

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Sap's Avatar
Australia
16849 Posts
 Posted 02/15/2009  03:17 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
If the packaging is actually working as far as protecting the coin from the elements, yes, keep them in there - it's doing just as good a job (if not better) than the 2x2's I'd otherwise put them in.

Once the plastic starts to break and degrade, rip 'em out.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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chrycopaul's Avatar
Canada
1106 Posts
 Posted 02/15/2009  05:03 am  Show Profile   Bookmark this reply Add chrycopaul to your friends list Get a Link to this Reply
I suppose they could be sold individually and be "worth more" than the set as a whole, but you must find a buyer for every coin in the set which might be more difficult. I only buy one mint set per year to break open and add to my coin album.
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chrycopaul's Avatar
Canada
1106 Posts
 Posted 02/15/2009  05:04 am  Show Profile   Bookmark this reply Add chrycopaul to your friends list Get a Link to this Reply
I suppose they could be sold individually and be "worth more" than the set as a whole, but you must find a buyer for every coin in the set which might be more difficult. I only buy one mint set per year to break open and add to my coin album.
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1cent's Avatar
Canada
1051 Posts
 Posted 02/15/2009  7:48 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
I break them up if there's any interesting coins. The 1969 set had an original purchase price of $4, and the 2009 Charlton lists the set at $4. How's that for a 40 year investment!
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Archraz's Avatar
United States
3499 Posts
 Posted 02/15/2009  10:35 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
1cent- Actually, thanks to inflation, $4 in 1969 was more than $4 today. hmmmmm
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MrCanada's Avatar
Canada
650 Posts
 Posted 02/23/2009  11:46 pm  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
Crack them out the sets have next to no value but look great completing a set.
Valued Member
soldier4Christ's Avatar
United States
419 Posts
 Posted 02/24/2009  1:28 pm  Show Profile   Bookmark this reply Add soldier4Christ to your friends list Get a Link to this Reply
For me it depends of coin safety and if I need the coin for an album!
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bargar's Avatar
Canada
80 Posts
 Posted 03/17/2009  5:32 pm  Show Profile   Bookmark this reply Add bargar to your friends list Get a Link to this Reply
I prefer to leave them intact. However I was recently forced to break open a 1967 set as it arrived with the packaging damaged.
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North of 49's Avatar
Canada
617 Posts
 Posted 03/17/2009  7:45 pm  Show Profile   Bookmark this reply Add North of 49 to your friends list Get a Link to this Reply
Is there not a danger of damaging the coins especially when breaking in to those hard plastic protectors that come with proof sets? Also, when handling the coins themselves do you use gloves, or is that just being over cautious?
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snowman's Avatar
United States
1840 Posts
 Posted 03/17/2009  7:54 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
If they have lasted 20+ years in good condition, why spoil a good thing. I say leave them be.
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