I recently bought 20 62-64 proof sets out of an estate all but 2 are still sealed in their original paper envelopes from the mint this is not what I usually buy and am asking for advice on how to proceed am I better off selling them sealed or opening them and selling in the original plastic or selling the coins individual? Of the 2 that are open only the 62 nickel has great toning
I am not 100% sure but believe that these were all actually shipped unsealed. Some may have been unintentionally sealed when stored in a humid environment over time or intentionally sealed by the owner. You see these on eBay all the time though and they do carry some premium if "sealed." I would wait to hear from some of the proof/mint experts on CT though. Nice haul BTW. TC
I could never resist opening the envelope(s) and checking for error or other premium coins. But I'd sell the envelope, with the coins intact in the plastic packaging. I predict they will be hard to sell, and once again, postage is a killer unless you sell all twenty at one time, then you can go small flat-rate Priority Box.
The mint never sealed the brown envelopes. They were shipped unsealed inside a larger envelope of small box. Buying so called unsearched proof sets inside sealed envelopes is just short of a scam.
Ok I didn't know this I'm sure this was done long ago by the owner or they sealed on their own due to humidity 2 had been cut open along the top they had these one decent Morgan and a bunch of junk 90% silver. As most who know me here know I rarely buy a coin without either a 17 or 18 beginning the date
Yes, all junk, you should send them to me for immediate disposal! I especially don't like the looks of how that 1st Nickel has become oddly discolored with blue & pink hues...as this could be a reaction to some sort of chemical that could jeopardize your health! Yes, send to me immediately, I'll even wave the dumping fee! lol Nice Finds!
Was the woman's grandfather who'd collected some coins and saved any and all silver he'd run across there's remnants of a few old price stickers on some of the envelopes my guess was they were bought in the 70s or early 80s the other thing I bought was a nicely toned 1900 Morgan that's a tough call if it'll grade au-58 or ms 64 there were a few rolls of circulated late date walkers but she was way high on the price
Good purchase for you. I buy any I can and leave them sealed. The birthday for the age group is 50+ and I sell those mint sets constantly at our store.
I've never found anything wonderful in those 60's mint sets, and I refuse to buy any more. They've all been picked over a thousand times, and all I've ever come across is low-MS silver coins (read junk), and nickels and pennies with spotty, unsightly toning. And yes, I fell for the sealed envelope business - long ago, before the days of the internet. Bought a box of them from a B&M dealer who expressly told me NO RETURNS, as he couldn't guarantee what was inside the sealed envelopes. Everything inside was water damaged and fugly.
The couple that were open were clean and brilliant I got no idea what was in the rest as I sold them quick and easy I was in them where I could make a quick flip profit. I bought them for this reason as most people know my love is early coins but I'm a businessman too and make a living buying and selling
