Can someone talk some sense into me before I buy an "unopened" proof set?

Discussion in 'Coin Chat' started by Dough, May 5, 2017.

  1. Dough

    Dough My brain is open

    I'm talking about the sets from the '50s and '60s in "original" mint envelops. Envelopes that could have been purchased online and sealed yesterday.

    They're probably worth as much as "unsearched" wheat cents or a lottery ticket for yesterday's drawing.

    Right?

    Thank you.
     
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  3. rickmp

    rickmp Frequently flatulent.

    The mint never sealed those envelopes. It's most likely (99.999%) they have been searched.
     
    Seattlite86 likes this.
  4. Don't buy it if it's more than $30.
     
  5. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    Yup.

    They were not sealed at the mint, so if they are sealed now, you have conclusive proof they are not "as sent". Could be they got wet and sealed themselves, could be somebody sealing them last week to sell as "sealed" sets.
     
    SchwaVB57 and ldhair like this.
  6. mynamespat

    mynamespat Well-Known Member

    It doesn't really apply to these sets because of the above comments, but a person doesn't need to be a genius to figure out how to open and reseal boxes/envelopes with little evidence.
     
  7. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I can only assume there are still some out there in their original shipping packaging, but as with true OBWs, is something best stumbled upon (in person and with a history) as opposed to just happening to find on the bay.
     
  8. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Ditto. I learned this the hard way.
     
  9. mikenoodle

    mikenoodle The Village Idiot Supporter

    ok... I need to say something here to set the record straight, because the misconception is growing and left unfettered, mis-information will continue to spread.

    The envelopes that contain proof sets prior to 1965 were not sealed when they were shipped from the US Mint

    EXCEPT those that have the mailing address on the envelope.

    Yes, that's right! It means that 95% of the sets were mailed in an open envelope that can be searched without having to open the envelope permanently.

    The other small percentage were shipped in that envelope and if still sealed ARE sealed and unsearched.

    The difference and the easy tell is the sealed mailing envelope (complete with postmark), but only those that come complete with a typed address on that envelope.

    That is all...
     
    Last edited: May 5, 2017
  10. -jeffB

    -jeffB Greshams LEO Supporter

    I'll have to see if I can dig up the two "sealed" 1956 proof sets that I bought for [enough $ to be embarrassing] back when silver was high. Let's just say that, if someone (theoretically) had gone through open proof sets and put the less desirable ones up for auction after licking and sealing their envelopes -- well, if they had, these are exactly the sorts of sets I would've expected them to seal and pass off.
     
    mikenoodle likes this.
  11. Good to know.
     
  12. ToughCOINS

    ToughCOINS Dealer Member Moderator

    You can only trust postmarked and unopened mint-mailed packages.
     
  13. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    BUT, you should carefully check the alignment of the post mark to make sure it wasn't resealed. If the circles and letters don't PERFECTLY align...
     
  14. rickmp

    rickmp Frequently flatulent.

    The postmark is not on the side with the flap, it goes over the stamp, unless the envelope is metered, then it is not postmarked at all. Tampering with the seal will not alter the postmark.
     
    Ericred likes this.
  15. baseball21

    baseball21 Well-Known Member

    More than likely. There probably is a very very small percentage that is legit from some small honest seller somewhere, but good luck trying to find that needle in a haystack
     
    Oldhoopster likes this.
  16. Cheech9712

    Cheech9712 Every thing is a guess

    I have some unopened 50thru 70 mint and proof sets. My ma(Monica) bought them for the family and wrote are names on them. Never opened. Not sure how she got them in my crawl space. Found them last year putting xmas decoration away
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    Let's talk for a minute about WHY sales tactics like "unopened" are effective. I think that's something that everybody knows but rarely if ever acknowledges. Plain and simple it's because people like to gamble. Somebody mentioned lottery tickets - quite appropriate for that is what buying "unopened" sets is like. You're gambling, knowing full well that you are almost certainly throwing just your money away - but yet you do it anyway.

    Now with lottery tickets that's pretty much what you have to do for there is no way to know the future. But with coins, it is not what you have to do - you don't HAVE to buy those "unopened" sets. There are literally thousands of them out there that you can look at, in advance of purchase, and decide if that is the set for you.

    So the next time that anyone considers buying an unopened set of anything - just think about what you are doing. You're knowingly, absolutely knowingly, buying a pig in a poke. So don't be surprised if when you open that poke there's a dog inside instead of a pig !
     
    Nathan401 likes this.
  18. mlov43

    mlov43 주화 수집가

    Hey, I like dogs!

    But why did the Mint seal some and not others?
     
  19. rickmp

    rickmp Frequently flatulent.

    That's been explained earlier in the thread.
     
  20. mlov43

    mlov43 주화 수집가

    I assume you are referring to post #9?

    Okay. So that means only those sets mailed directly to a customer from the mint were sealed. Correct?
     
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