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Should I Remove Older Coins From Mint Packaging

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Jays-Dad's Avatar
United States
790 Posts
 Posted 10/22/2009  6:26 pm Show Profile   Bookmark this topic Add Jays-Dad to your friends list Get a Link to this Message Number of Subscribers
I just purchased the entire British pre-republic set from The Gambia in one single ebay purchase. I know I spent too much for it and suspect I might have been the victim of shill bidding (the item went for exactly my max bid, which was quite a bit more than the "value" of the items). My fault, that'll teach me to finally learn how to use a sniping program. Live and learn. Anyway....the coins are housed as 1) a mint set containing all the 1966 coins as well as the 1970 8 Shilling coin, 2) A 1966 proof set, and 3) a single 1970 8 Shillings Silver proof. The mint set is not even listed in Krause. The coins in the mint set look good, but the set slides right open for very simple removal without damaging the case or coins. The proof coins are a different story. They are all individually wrapped in plastic (PVC? this is 1966 we're talking about here). The plastic has a lot of gross spotting issues which detract from the coins, but seems to affect only the outside of the plastic, for now. The 1966 proof set is then contained in a pretty nice fake velvet lined case (original packaging). The 1970 silver 8 Shillings is also in a fake velvet original case. Should I take the coins out and put them into individual 2 X 2's or leave them in their original packaging. These sets have awfully low mintages and once the packaging is gone... I guess I could save the packaging somewhere in a drawer or something so it could be replaced someday. What to do?
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Buzzard's Avatar
United States
156 Posts
 Posted 10/22/2009  10:32 pm  Show Profile   Bookmark this reply Add Buzzard to your friends list Get a Link to this Reply
I have a 1968 New Zealand proof set with the same plastic-spotting problem, so I am looking forward to seeing what suggestions you get. For me, I am willing to lose the spotty plastic, but I would want to have the coins remain in their original case.
I was thinking of using cointains, but it doesn't look like cointains are available any more.
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snowman's Avatar
United States
1840 Posts
 Posted 10/23/2009  4:10 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
I have an Albanian mint set and a British Virgin Island proof set that I just didn't trust in the packaging. The BVI set had a bronze coin that completely toned a very dark color. Since it was obvious to me that these coins were not stored in the best packaging, I busted them out. The Albanian set was in a plastic that I didn't like. I was worried about PVC so I cut them out and put them in 2x2s, which I do trust.

If you have any doubt, take them out. If the coins show any abnormal wear or toning, take them out before it is too late. Typically the values given for complete mint/proof sets in Krause are just the total value of the coins, so I wouldn't worry too much about decreasing their value. Besides, you don't seem like the kind of collector that will be selling anytime soon.
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fioti's Avatar
United States
4212 Posts
 Posted 10/27/2009  02:48 am  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Bust 'em' I did the exact same thing.
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Buzzard's Avatar
United States
156 Posts
 Posted 04/14/2010  01:43 am  Show Profile   Bookmark this reply Add Buzzard to your friends list Get a Link to this Reply
After long and careful consideration, I took my 1968 New Zealand set out of their original plastic tonight and put them in airtites. They look much better freed from their spotted cocoons, but now their mint-issued case won't close...the airtites are too thick.

I had five months to figure that out and I still didn't foresee it. No more hasty decisions for me!
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