Watching shows like Antiques Roadshow and Pawn Stars (e.g. collectible toys, specifically for the latter) got me to thinking... in say 100 years from now, if you had a coin from the mint in a hard plastic capsule, with the original box and in mint condition, how much value will that add in terms of its collectible value? This is compared to a standalone coin that is in, say, an airtite of the same grade. Of course, different coins have different values, and this is just a relative measure. It may also offer good presentation, but I find that boxes are bulky and they just take up room. Is it a good idea to keep the boxes? Would you think that "original packaging" significantly increases the value, or just nominally? I also understand that some light plastic packaging (2nd pic) may not be as valuable as something like what's below (1st pic). Thanks in advance! Referring to this: But not this (I'm sure there's collectible value here with original packaging kept in tact, just not referring to this):
Turn the question around and ask it slightly differently: are coins and sets from a hundred years ago more desirable with their original packaging? The answer to that is usually a resounding yes. However, the low grade plastic mass produced packaging that many of today's sets come with is likely never going to be desirable. This would really only be applicable to the high quality sets. For example, the Statue of Liberty 6 piece commem set came in an incredibly nice velvet lined cherrywood box. I'd say that was attractive and adds a definite quality to the set. The mylar sheets that the mint sets come in do not fall into this category.
Take a look at the prices for classic commems in their original packaging and you will be floored. It's hard to even find most of them in that state. And while I will buy a modern commem in this state of nakedness (lacking a COA) I eventually feel the need to get the piece in it's OGP. That's really how I collect them, and while it may not always add value to the issue, it's what I value.........
Would you have kept these ? Now here is an orginal set that I used to own - a 1911 Great Britain Proof Set. - just over 100 years old. There were 952 of those sets issued. Most authorities claim there are but a handful of them that still exist in the original presentation box. That one was and still is the only one I have ever seen. Did it increase its value ? Pretty much doubled it. Today ? I can't even imagine.
True. I've picked up some cool, at least in my opinion, bullion pieces that were graded and the seller included the OGP and COA. I've kept both.
How about for a larger mintage coin that today still does not demand a greater premium as a whole? For example, a 1982 Proof George Washington Half Dollar, as opposed to a US Marshal commemorative with OGP and COA? Do you think the OGP and COA will have a nominal value for the '82 Washington half?
The question is not how much having the packaging adds to the value, it's how much not having the packaging lessens the value. In my other hobbies, prices are highly dependent on the presence and condition of original packaging and paperwork, so this is something I've dealt with a lot. Of course it varies somewhat between types of collectibles, but as a general rule, the trick is to first identify what the "product" really is. If the coins were exclusively released with packaging and/or other materials intended for display then they are a part of the product. Not having the packaging/materials in this case means you have an incomplete product and this will detract from the value, sometimes significantly. If the coins were exclusively released with packaging intended only to be packaging (especially packaging only for shipping purposes) then the product is the coins. In this case having the packaging enhances the buyer's confidence in the condition and authenticity which makes it easier to sell than other examples, but it won't necessarily enhance the value.
90 years ? You can do that standing on your head can't ya Mel ?? Dunno if you'd have any interest or not, but you might try looking for original Maundy sets in the presentation boxes from the banks. I haven't looked for any for a long time but they used to be a whole lot easier to find, cheaper too. Instead of an arm and leg, maybe just a hand
What do you all think about taking the silver proof coins out of the '71-S Proof Brown Ike, and the '70 Panama 5 Balboas Proof holders, and putting them in Quadrums? 10+ years from now, will 'coins in OGP' in general be noticeably more sought after? Or, were too many made of these examples below that it wouldn't really affect its value? I have the two and I'd rather have them take up less space in my binder, and they're not all that interesting or special like the other OGPs on this thread. They pretty much take up most/all of one page, when I can put the coins on the same page as the other coins. 'Pics from the net of the coins/OGP in question, since I don't want to take out my camera:
The reason the original packaging on any collectable retains or increases value is that usually it was either on a very small production, and therefore rare, or it was usually thrown away, like the boxes of children's toys, and so has become rare. There are so many originally wrapped modern issues that unless 99% of the owners decide to just keep the coins, those original packeges will be the norm rather than the rare exception, therefore they will add nothing at all to the value. The moment you make the package part of the item, the package counts as nothing special, and those certificates of authenticity are a laugh now and will be forever, since no CoA is worth the paper it's printed on. It's even easier to fake CoAs then it is to fake the coins or whatever. Plus their mere existance shows that the item was made for collectors, and in the antique trade the one thing that is not, in the longer term, collectable is 'made for collectors' stuff. Just look at collector's plates. Or Beanie Babies. I have just noticed this is a revived zombie thread but the points made remain relevant.
In my opinion I don't think the OGP boxes that could add value will be as hard to come by in the future as it was in the past. There is somewhat of a market for them on their own if you look around ebay where they can be sold for a few bucks when they're empty and in my opinion more of them are being saved then most people would think. The other thing too is a 100 years from now every collector will have grown up with TPG coins their entire collecting career. The predisposition to OGP collecting we see today I believe will fade some as time goes on.
every collector will have grown up with TPG coins their entire collecting career. Every US collector, possibly. I think most other countries will continue to ignore them.