Somone else had a post that really got me thinking, but it was on foreign proof sets. (Didn't want to hijack the thread). I would love to see U.S. proof sets, especially 1964 pre. P Sets have been my latest focus. I have spent quite some time focusing on my 53.
I just got these yesterday for helping a friend of a friend evaluate his inherited collection: Nice 64 proof set, the photos aren't great, but I like the set, though no super cool toners. The cent and nickel in the 1960 proof set have exceptional toning, but it was a damaged package where the dime, half, and quarter were freely moving within eachother, so I decided to cut it out. The cent is a small date.
Caz I'm willing to bet that next to your high school yearbook photo it says "future millionaire." NICE
Yes, and no. If I decide to sell the 1960 small date cent proof set, I can get about $38. If I open it up, and the coins are all PR68 and up, I can get a return. BUT since the half is probably in PF63, I just lost money. But the proof 1960 small date cent redbooks for $20. So there is your money 1/2 paid. The rest could be gained in silver content and proof strikes, getting slightly above melt. I had to cut this one out because the half, quarter and dime were on top of eachother causing damage. I wish I didn't have to, because I had the OGP coming to me from the friend who gave it to me, but I had to do it for the sake of the coins. Luckily, the cent and nickel were untouched, so they are nicely intact, with beautiful toning. And JCB, if they were '53, I'd just give them to you. I'd expect a better return on OGP proof sets, and advise not to cut them out. It will mostly cause a decrease in value. On some occasions, I can crack a proof set, and get more than my return such as a 1970-S Proof set, where I buy at redbook price of $8 and then crack the half out and sell for $15. I haven't done that, but never plan on doing it because I have the small date cent inside making it a great deal more value than if I crack it out.
You are going to pass bricks when I tell you this: He gave me about 20 1960 small date cents in uncirculated condition. If I can sell them at $5 each, I am going to make bank. While taking a look at his collection he inherited, he had everything for a type set. Half cent, Flying eagles, large cent, half dime, 3c silver, 3c nickel, and a 1864 2 cent(Large motto I believe) I am wanting to cherrypick his proof set collection he has inherited, but I am also going to do a bit of selling for him to get him some money. His shop recently burned to the ground, leaving him over $6000 lost, so I am gonna try to get him top dollar for what he has.
He was a metal scrapper, so he lost a couple high end things, but he said it all worked for the best, his insurance paid a little, he can get new machines, and a little $$ From me flooding the market with some of his pieces. I still gotta go talk to him again about his proof sets, and pricing and how to sell them.
Ahhh I feel bad, then again whenever I hear fire and insurance used in the same sentence an eyebrow is raised.
Yes, but when a homemade metal forage and lots of propane and spark in his household garage come in almost taking down his house comes into mind, I consider him lucky to have a standing house. His "Forage" was about 25 years old, so I am not sure if it was just a propane leak or anything like that.
