As a gift exchange I got 4 uncirculated coins in a littleton "showpack". 2 2003 sac dollars and 2 ken halves. Thing is, the packaging is huge and takes up real estate in my safe. Would it be safe to put them into 2x2 mylar flips, or leave it as is?
Do they need to be in the safe? I'm sure Littleton probably charged an arm and a leg for them but there's not much value in those coins.
Littleton probably put them in there because they were too low a grade to be worth encapsulating, but they probably sold these "packs" at 3x-4x face. I'd rip it open and spend them on New Year's Eve. Chris
Depending on how they would grade, I wouldn't put them in the safe. The value of all the 2003 "never released for circulation" coins are not going to be too high. Unless by some miracle they could grade at 67 or higher. But I doubt that. Probably Littleton bought lots of rolls of these in order just to put together these sets, and most will be 64 or less BU coins.
I wouldn't even go that far in saying they were gonna get them graded, etc. I'd say they put these together for novelty type sets. They're cheaper than the rest of their overpriced stuff but more appealing to the newcomers and made for the uneducated buyer to buy someone a coin gift without spending outrageous amounts of money on someone. I'd still say they easily made 100% profit on them though, everyone should be aware of Littleton, they prey on people with stupid gimmick shrink wrapped gifts like these. Honestly, I'd say rip it open, put in tubes or your own rolls, perhaps with any other uncirculated loose change you may have. I myself put not-as-valuable uncirculated coins in tubes to just set aside.
Littleton is selling their 2009 version for 16.75. And on their site are saying it's MS60. Which means only that they say it's uncirculated. So they are making 13.75 for each one sold for the packaging. Pretty expensive packaging IMO.
Holy crap, at that price, just buy the Uncirculated Mint Sets from the U.S. Mint directly for another $15 bucks or so and get 10 uncirculated Presidential dollars as a bonus along with some pennies, dimes, quarters and nickels too.
Kinda looses its flair w/o the plastic. Maybe use it to spark an interest in a new numismatist or display it?
I hate to say it...but 100 years from now, the packaging may be worth more than the coins. (it protects the coins and just think of the plastic you keep out of the landfill) :thumb:
