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 Replies: 12 / Views: 1,045 |
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Pillar of the Community
United Kingdom
1682 Posts |
Hi folks, I am based in the UK and until last year, a kind person from here sorted me out with US coins each year which most of them were put in cardboard 2x2's. Sadly they passed away. I have managed to acquire a source that will get me the P/D Innovation Dollar coins and the S mint-marked non-proof clad quarters. This leaves me with figuring out the best way to get the remaining P/D non-proof clad coins So for 2023, I obtained the US Mint set but I have kept it intact. In the long run, would I better off keeping the US Mint set intact or breaking it apart to put the coins in cardboard 2x2's or capsules. Then for 2024, should I go with another US Mint set or put up a coins wanted post for the coins that I need? Most likely, a coins wanted post will go up since they were sourcing me the S mint marked Kennedy half dollars....some impaired and others from sets based on what they could locate. Open to your thoughts and opinion on what you would do for your modern US coin date run set if you did not live in the USA. |
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Pillar of the Community
 United States
4588 Posts |
I would not recommend the mint set for long-term packaging - they are not archival storage. They are not particularly valuable, they are minted to order (demand) or a little over (sometimes they remain available for sale for years).
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
2216 Posts |
Sorry I don't have much experience with long term storage of mint sets. But in general with any coin it's important to keep humidity low. I have a dehumidifier and use desiccant packs in the safe.
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Moderator
 United States
94933 Posts |
I have not had any bad issues keeping half on my collection in OGP's and have had zero degradation on the coin so far. I have some that I got new way back in the 1970's
But then I do live in the arid desert of the American Southwest (which helps)
But I usually buy 2 Mint sets - one to keep in OGP and another to break out to put into my Dansco albums. So far I see no difference in appearance from each other.
It is all about proper storage. (Keep them as dry as possible)
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Moderator
United States
15395 Posts |
I say break them open and enjoy them in your sets.
Take a look at my other hobby ... http://www.jk-dk.art |
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Moderator
United States
187702 Posts |
I have always cracked my proof sets to fill holes in my Dansco albums, but never bought the uncirculated sets, preferring to source my album coins from circulaion. Now I buy uncirculated mint sets to fill the holes. I started buying & breaking them when I realized it was much easier than trying to get them in change when my transactions had become increasingly cashless. Break them up and enjoy!  |
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Pillar of the Community
United States
1613 Posts |
Personally, I look at the earlier sets. Say from 1950 and early, which sell for substantially more in their original packaging. Even heavily tarnished over an assemble set of bright coins. Many point to the high mintages, but in enough time the survivor rate in original shrinks with each one opened. The marketplace is loaded with ones already removed for you to choose from. However, the decision is ultimately your own.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Valued Member
United States
425 Posts |
I have bought a lot of mint sets through out my many many years of collecting. Mostly the only reason I bought them was to look at the coins and see if there were any top coins which were good for grading. I have cut open a lot and most of my mint sets and sent to top graded ones out to get graded and en capsuled for later selling. It has worked out for me pretty good. I have made some money throughout the years by doing this. The money helped me buy other coins. Now you are not going to get rich doing this and it is only if you have some ms68 or ms69 coins coming out of the mint sets. Most people like buying them for their sets they make. Good luck in what you do as long as it is collecting which we all do here. Take care and welcome to the best collector's forum around.  |
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Bedrock of the Community
United States
94367 Posts |
Cut them if you like, not a big deal. The quality of these coins has seldom been what you would hope.
Edited by Coinfrog
04/23/2024 5:39 pm
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Moderator
United States
187702 Posts |
Quote:
The quality of these coins has seldom been what you would hope. I have no complaints. |
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Valued Member
United States
216 Posts |
Break them up, they will lkkely never have value over face. Instead of 2x2s get an albumto keep them i
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Pillar of the Community
 United Kingdom
1682 Posts |
Thanks to everyone for their advice and guidance. It looks like getting the mint sets is the way to go. Being in the UK getting albums for US coins is not an easy task - only album that I was able to get was an older Dansco 7070 type set album. All I need to decide now if I put the coins from the 2023 US mint set in 2x2's or capsules. |
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Pillar of the Community
United States
1748 Posts |
I don't break up 1975 mint or proof sets. The 1776-1976 dated quarters and halves in them were actually minted in 1975. If you break them out, you lose that provenance.
Edited by DoubleEagle20
05/11/2024 10:59 pm
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Replies: 12 / Views: 1,045 |
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Posted 04/21/2024 2:46 pm
