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1987 Constitution Set

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Author Previous TopicReplies: 14 / Views: 4,697Next Topic  
Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 09/04/2010  5:55 pm Show Profile   Bookmark this topic Add vanbroj to your friends list Get a Link to this Message Number of Subscribers
I am looking for help in finding a wholesale /retail price range for this set.

It includes 2 1987 W 5.00 gold coins: NGC 69 and NGC 69pf Ultra

and 2 1987 Silver Dollars, NGC S pf69 ultra and NGC ms69 philadelphia.

Any help would be appreciated.

Thanks,

Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 09/04/2010  10:31 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Wow, I have stumped the whole Forum !
Who woulda thunk ! LOL !!!
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/05/2010  12:02 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
i have never heard of this set.. can you show a picture
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Conder101's Avatar
United States
17884 Posts
 Posted 09/05/2010  11:58 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
As far as I'm concerned bullion.
Valued Member
Dkillett's Avatar
United States
140 Posts
 Posted 09/05/2010  8:26 pm  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
Wholesale price on this set in OGP is 690-720. I'm not sure how the NGC Slabs affect the price. There would probably be a significant premium if they were MS70/PF70. I have seen several modern commems graded ms69/pf69 that do not seem to carry that much of a premium.

Hope this helps.
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kenneth2925's Avatar
United States
18 Posts
 Posted 09/05/2010  8:48 pm  Show Profile   Bookmark this reply Add kenneth2925 to your friends list Get a Link to this Reply
Here are some pics I found.

1987-Constitution-Set

1987-Constitution-Set
Valued Member
Dkillett's Avatar
United States
140 Posts
 Posted 09/05/2010  9:11 pm  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
Another interesting note about this set. They actually sold these at Kmart back when they came out. A friend of mine got his there back in 87.

Not really relevant to the value, but I though an interesting little fact.
Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 09/05/2010  9:16 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Dkillett , Thanks very much, this is the set I was referring to , but did not have a camera to take pix..
By the way what is the OGP ?

I am assuming its a price guide ?
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vanbroj's Avatar
United States
450 Posts
 Posted 09/05/2010  9:19 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
official goverment product ?
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/05/2010  9:39 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
original goverment packing
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Dkillett's Avatar
United States
140 Posts
 Posted 09/05/2010  9:44 pm  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
I got my prices from greysheet.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/06/2010  08:03 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Another interesting note about this set. They actually sold these at Kmart back when they came out. A friend of mine got his there back in 87.

K-mart sold the two piece sets (the first time a the government sold sets through a commercial firm) but I don't believe they sold the double sets.

I vividly remember the sales of the Constitution set. The K-Marts had people lined up out the door to buy these sets at $250 a pop. The coin shop I worked in was just down the street from the K-mart an we were selling the set, in OGP, for $5 over the bullion value or $110. We couldn't sell a single one of them. The only difference btween us and K-mart? Our $110 price was for cash or check, at K-mart you could put the $250 on plastic at 18%. We finally sold the sets we had for scrap.
Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 09/07/2010  10:48 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
You know whats funny, the guy who has the set was talking about how they were used by the State Department to give to dignitaries.

Then I hear about how they were sold at Kmart !!! Are you kidding me, too funny !
Valued Member
Dkillett's Avatar
United States
140 Posts
 Posted 09/08/2010  09:13 am  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
Not only could you use plastic to buy it a Kmart, you could also put them on Lay-A-Way. At least that's how my friend got his.
Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 09/08/2010  7:16 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Would have been funny if gold spiked while it was on lay-a-way

I think Kmart only charges a buck for lay-a-way !
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