If I save all the coins Littleton sends me in unopened packages will they ever be worth someting? Or should I open them? What if Littleton goes belly up? Won't the coins and advertising be worth someting then? Anyone else here saving your Littleton promos unopened? I bet everyone opens them and takes the coin out.
I have one coin from Littleton in their original packaging and that is a 2001 ASE that was my grandfathers. I don't think that any of their stuff is worth, or will be worth, a premium. Ever.
I will say this about Littleton: they are very conservative on coin grading. I have never seen a borderline coin with a printed grade on the plastic from them. If the wrapper says it is VF, there is definitely a VF coin in there. Anything they mark as MS60 will be noticeably better than that. But still the wrapper adds real no value and I generally open them.
I agree as well. Years ago, I sold common type coins to Littleton. They paid very well, but only for accurately graded, problem free coins. Occasionally I take advantage of their specials (State Quarters, Presidential Dollars, etc). All the approvals with a designated grade were accurate (average circulation isn't a specific grade, so my comments don't refer to those). IMO the Indian Cent, or barber quarter labeled VG will be VG Their prices are extremely high, as has been pointed out in numerous threads. Regarding the original question? No need to keep them in the original packaging. I don't think they would add any significant value in the future. However, I occasionally see coins in older Littleton envelopes in dealer's junk bins at shows. Collecting older Littleton stuff may actually be interesting. If someone brought in a display of old Littleton stuff to a coin club, I would rate it high on the cool factor, even if it's not particularly valuable.
Pricing is where their criticism almost always is, their quality is usually complimented. Whether that’s worth the price is up to someone to decide.
I’ll really blow your mind then. I wouldn’t buy anything from them today. However in the 1970’s overseas in the Army. I sure did look forward to those “coins on approval” envelopes they sent me every other month. I knew they were overpriced even then. But they kept me connected in an age before interwebs and such.
For the past 5 years in a row, I have bought their American Silver Eagle special they have every January where you can get the new issue for about $18. They do this to get you signed up for the Coins on Approval service, but you can just cancel that. I have kept them in their Littleton packaging, but not because I think it will add more value someday.
