1967 Canadian Proof Set with Gold

I bought it for the gold coin. The RC Mint did a terrible packaging job. According to the Standard Catalogue of World Coins KM # 71, the coin's mintage was 334,288 and is worth $900.00. Numista lists it's numismatic value at eight hundred Euros and its bullion value at $623.96. I bought it like this and I'll sell it like this.

 

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Yep. Exactly what mine looks like, but I couldn't easily access mine for a photo. Thanks, John.

So, now the question is: what can be done with the badly tarnished pieces? My dime has toned a beautiful blue, but the others are ugly.

If a proof coin is very lightly dipped will it lose it's luster?

Steve

 

The tarnish affect looks but should not affect the overall grade of the coin.The RCM issued sets like this for a number of years, until they started putting the sets into a sealed plastic holder in the 1980s or late 70s . Sad they all tarnish badly from the materials used , after the change the sets were fine and today still look as new as the day of release.

 

You are 100% right. I remember buying the RCMP proof set in 1973. It was beautiful until the silver dollar with the Mountie on it tarnished.

 

Read this article on gold, silver and the presidents: http://www.silvermonthly.com/gold-silver-and-the-presidents-a-presidents-day-special/

 

How did you get the obverse of the twenty dollar gold coin?

 

I pulled the coin out of the spot in the set, and photographed it. I store the $20 gold in another holder now.

With all the talk about hairlines from the velvet lined holder, I have not found that to be the case with the the coins I've owned. The biggiest problem is toning.

 

Did you remove any of the other coins to see what the obverse looked like on those?

 

@CHARLES GINETTO , I assure you Charles it is very easy to remove the coins without causing any damage. Just make sure you use good handling teqniques , Only hold the coin from the sides as you know , and do not put a finger print on the face as it will be there for a long time. Use a non abrasive cloth to push the coin back into the holder after you take the photograph. Good luck and I know things will go well providing you take your time and keep everyone else out of the room so nobody else grabs the coin to look at it , such as children that would not know better. Dillan

 

Yes, I’ve moved them all from both of the sets I have owned. If your set is encased in plastic, I don’t know what you have. These sets were not issued in plastic. I was 18 years old when these sets were issued. I followed these sets closely, wishing I could buy one, which I could not. The only encasements the Canadian mint used were flexible holders like the U.S. Mint used. These sets were not issued in that package.

 

The RCM never put any sets in to a padded case with ridgid plastic holders on the inside until appox 78 (guess) . Prior to that the proof type came in the padded box type holders. They did put out 67 sets in pilofilm in envelopes with a card inside without the gold coin similar to the business US sets. So other people could buy the set minus the gold coin which made it too expensive for some . The mint also released a PL 67 set also. None of the 67s came in a ridged plastic holder.

 

Correct!

 

I'm extremely clumsy and frankly, afraid to try anything with that coin.

 

If you were just going to take it out to photo for a potential customer ,I would not bother either. Those are really popular and have been selling for prices as high as 1500 Canadian in some of the auctions I watch. You will have a customer that will understand . The only bad thing is that if the customer has a gold piece from a 67 set already and say it is in poor condition on the obverse side . What is stopping someone from saying this is what it looked like when they removed it , and try a pull a scam on you for a better coin. If there is any feature that is on your gold coin that is only on yours make sure to have multiple photos of this to have the proof for yourself. this is why it is much better to have someone remove the coin and photograph the coin for you. It is sad but there are just to many people out there trying to make an easy buck without having to work for it or put some type of effort towards it. Maybe have a friend will help you out to get this done , if you are going to sell the gold piece or the set , I would make sure you have multiple photos of both sides. Just something to think about to protect your interests. Most people are good , and you most likely would not have a problem but beware of those that leach off society. . Dillan

 

Thank you for your insight.