Proof set 1942,52,53,55

Discussion in 'What's it Worth' started by griff, Nov 18, 2007.

  1. griff

    griff New Member

    Can anybody give me a ballpark on these Proof sets
    1942
    1952
    1953
    1955

    thanks
     
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  3. Speedy

    Speedy Researching Coins Supporter

    We need alittle more info. What are the grades? Are the sets in the Gov. packing or have they been removed and put into new holders. If you could post some pic's it would help alot!!

    Speedy
     
  4. Rhubarb

    Rhubarb New Member

    I agree, Pictures would tell me and other's what the value of these coins are.


    Rhubarb
     
  5. griff

    griff New Member

  6. griff

    griff New Member

  7. griff

    griff New Member

    I'm a new collector. Not sure of the grade but this is the first time since the early 70's that they have seen the light of day. Any help would be great
     
  8. davestuf

    davestuf New Member

    The 1942 proof set sells for $1,250, 1952 sells for $270, 1953 sells for $250 and the 1955 for $140 . Thats what New Rarities list them for in the Coinage December 2007 issue. Good luck with them.
     
  9. Speedy

    Speedy Researching Coins Supporter

    Ok....these aren't in the Gov. packing and they have been placed in these holders by a 3rd party. Are you sure that the coins are proof and can you see these in hand or are these the sellers pic's?

    Speedy
     
  10. Treashunt

    Treashunt The Other Frank

    Speedy has a point, in the 1942 set ( I can't see the others clearly) the dime, quarter & half look questionable.
     
  11. Rhubarb

    Rhubarb New Member

    I agree, the coin's appear to be cloudy. The plastic does tend to make them cloudy bet my opinion is some are Proof some are not. It's a mixture.


    Rhubarb
     
  12. griff

    griff New Member

    These sets were from my fathers estate.we just got them out of the lockbox.How could I give you a better shot? do you want front and back of each? My father has had these coins since I was a child 45 years.
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    griff -

    To be quite honest with you this kind of thing happens all the time. After a loved one passes, or they decide to give their life long collection to another family member, the new owner is told these coins are fakes or altered coins, or business strikes not Proofs. Then the new ownwer says but they have been in my dad's or my granddad's collection for 50 years - they can't be.

    Well, what the new owner fails to realize is that the deception was done 50 years ago and their dad or granddad never knew it. It is sad, but it is often true.

    I too, would question whether or not the '42 set contains actual Proof coins. You need to have someone look at them in person.
     
  14. Daggarjon

    Daggarjon Supporter**

    i agree with GDJMSP 110%. My father in law has this rare morgan that was in his fathers possesion for years. Based on the coin being so rare, and priced accordngly, i keep telling him there is a high chance it is fake and to assume it is until authenticated. I keep suggesting to have it sent to PCGS or NGC, but at this time he isnt interested.

    He has told me several times that his father had it for several decades, and that it just couldnt be fake. And i counter each time that the people making the fakes have been around longer then his father had the coin. Its a very good idea for ANYONE that comes into possession from a passed loved one to get the item in question verified and authenticated. As GDJMSp mentioned, the deception occured long ago, but its up to you to not let it continue!

    Good luck!
     
  15. griff

    griff New Member

    Nothing but doubting Thomas's here. All I wanted to know was the value ,nothing more nothing less. I started looking around this forum and it seem that everybody thinks everything is a fake . Let me tell you something that I found out today.The proof sets that my father gave me are all authentic .Also he gave me his estimated value,they were in line with Davestuf.


    Registered User

    Join Date: Jul 2007
    Posts: 30
    The 1942 proof set sells for $1,250, 1952 sells for $270, 1953 sells for $250 and the 1955 for $140 . Thats what New Rarities list them for in the Coinage December 2007 issue. Good luck with them.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    Well griff, after you do this for 40 or 50 years and you see tens of thousands and then hundreds of thousands of fakes - perhaps you'll understand why.
     
  17. Daggarjon

    Daggarjon Supporter**

    we dont mean to be so sketiple, but like GDJMSP said, their are lot of people on this forum who have seen a large amounts of fakes, and some have ben burned. The purpose of this and any forum is to help others learn so as not to pay for their own mistakes. It is always better to sit on the side of caution until it is certain one way or the other - dont you agree? We all think its better then rushing head first, and then finding out a judegement was wrong.

    We are all collectors. I certainly hope we are wrong, and the sets are real! That would certainly be something. But dont ignore the cautionary comments.

    My question now is what are you going to do with the sets? Sell them on Ebay? Sell to a local dealer? or possibly send them to PCGS/NGC for authentication and slabbing?

    Please let us know what you find, and i wish you the best of luck!
     
  18. Speedy

    Speedy Researching Coins Supporter

    Before anyone can tell you the value they have to see the item---you can't go into a car dealer and say that you have an 2001 Ford S-10 that you want to sell but oh yeah...all you have is a photo from one side and the truck is at home.
    The same is true for coins---if not harder. IF these coins are proof then the value would also change along with the grade of each coin. If you have an PF62 1952 Franklin Half dollar the values are going to be lower than if the grade was PF66CAM. I hope you see my point.

    Whoever told you that must not know much about price guides. Coinage is a coin mag. that is printed every few weeks/months...the price guide in those types of thing are almost always outdated. If your coins are the real deal then you should check somewhere like Ebay ended auctions to get the best value guide.

    I wish you the best! I hope you that stay around and enjoy CoinTalk!!

    Speedy
     
  19. Treashunt

    Treashunt The Other Frank

    Okay, so you just want to hear what you want to hear.

    This is a forum, and people tend to give honest opinions.

    Nothing more, nothing less.
     
  20. vincent2920

    vincent2920 Senior Member

    Assuming the 1942 set is the real thing , I would send it off to NCS / NGC to have them professionally restore and grade the set. The Linclon and Jefferson look fine as is , but the other 3 have lost their proof finish through the years ( due to storage or some other environmental affect ). Maybe ( or maybe not ) NCS can do something about that , but given the high value of the set I think it's worth the time and money. The other sets I would leave as is and do with them as you wish. Good luck.
     
  21. Philly Dog

    Philly Dog Coin Collector

    It was a very popular in the 60's for some people to put proofs in those holders because you could see the coin clearer then the mint wrap.

    In normal proof condition the 1942 bid is 1025.00 the 1952 is 225.00,1953 is 205.00, and the 1955 is around 100.00
     
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