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1947 Uncirculated Set, P, D, & S Question.

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carmykle's Avatar
United States
2448 Posts
 Posted 10/06/2010  1:02 pm Show Profile   Bookmark this topic Add carmykle to your friends list Get a Link to this Message Number of Subscribers
There's something about this that gives me pause... Check this out please?

http://cgi.ebay.com/1947-P-D-S-U-S-...ET_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/300456595711 target= _blank rel= nofollow 300456595711 /a QQcategoryZ525QQcmdZViewItemQQ_trksidZp4012.m263QQ_trkparmsZalgo=SIC&its=I&itu=UCI%252BIA%252BUA%252BFICS%252BUFI%252BDDSIC&otn=12&pmod=270640789354&ps=63&clkid=5177051264394845169

I already realize the mint did not release a Proof Set in 1947. The low retail is $1250, is this a good investment?
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/06/2010  1:27 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
That is not an original Mint Set, the coins were added to a Capital holder. The coins could have come from an original Mint Set but you have no way of knowing that. Also, the early Mint Sets are much more valuable in the OGP because so many sets have been broken up over the years. I would not recommend that set for investing, collecting, or anything until the seller learns how to take proper photos- the coins cannot be properly graded. There is no excuse to have pictures that small with that much glare when you are selling a $500+ item
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/06/2010  1:33 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's the stopper in the Mint Set series, and a definite "buy and hold." I do not believe the pictured packaging is original; hence, a highly-overstated asking price. I believe the original packaging was cardboard.

This auction is worth the combined individual value of the pieces, nothing more.



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 Posted 10/06/2010  1:34 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
That is not an original Mint Set, the coins were added to a Capital holder.


Exactly !


Quote:
The coins could have come from an original Mint Set


I highly doubt it, especially when the seller also has 1942 through 1946 'sets' in the same holders.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/06/2010  1:36 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I highly doubt it, especially when the seller also has 1942 through 1946 'sets' in the same holders.


....considering 1947 was the first year they did it.
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carmykle's Avatar
United States
2448 Posts
 Posted 10/06/2010  2:15 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Your thoughts confirmed my doubts about the Capital Holder containing an actual P & D mint set. That's exactly what I thought when I saw the offerings prior to 47. I still don't understand how he can call the 42-46 sets actual "Mint Sets".
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 Posted 10/06/2010  2:22 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
In a way, they could be considered "Mint Sets", except these are 'privately assembled mint sets' rather than mint assembled mint sets.
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Namachieli's Avatar
United States
2120 Posts
 Posted 10/06/2010  2:57 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
until the seller learns how to take proper photos


Yea pretty much...

Besides, you could get MS examples individually for less than this I think.
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palaniappan's Avatar
India
265 Posts
 Posted 10/07/2010  09:39 am  Show Profile   Bookmark this reply Add palaniappan to your friends list Get a Link to this Reply
just go by your instincts, if you doubt, stop from buying. But the image is very good. It will make you buy it.

warm wishes.
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jprine's Avatar
United States
1599 Posts
 Posted 10/07/2010  10:10 pm  Show Profile   Bookmark this reply Add jprine to your friends list Get a Link to this Reply
99.2 rating; I try to stay away from anything below 99.9.
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