Would you break a mint set?

Discussion in 'US Coins Forum' started by Pickin and Grinin, Oct 3, 2021.

  1. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I found this souvenir set among a bunch of Susan B Anthony's.
    This quarter was the buying point for all the other sets.
    The dime isn't too bad either.
    Would you have this one graded. Deep dark lustrous surfaces and literally no contact. I think it is at least gem.
    upload_2021-10-3_21-1-40.jpeg
    upload_2021-10-3_21-2-4.jpeg
    The luster is amazing, I have been fooled before though.
     
    MIGuy, UncleScroge, john65999 and 3 others like this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    I mean, what's the value of this coin ? Haven't we been taught, " Only grade coins usually if they are Key dates or valued at least the cost of the grading fees" or something like that.
    With this said, I would just hang on to it . I mean it's a fairly common year and Not Silver .
     
  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    It has plenty better surfaces than this one.
    Luster is flashy.
     
  5. Razz

    Razz Critical Thinker

    NO don't break up a souvenir set. A BU roll of 83 P quarters greysheets for $680 or $17 per quarter. Probably worth more in the set. If you are in a registry set for quarters, maybe yes...
     
    tibor likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Numismedia puts it at $35 in 65, $115 in 66, $550 in 67, and apparently none known in 68 or higher.

    I don't have any experience grading MS Washingtons, so I have no useful advice.
     
  7. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Really never been about registry points. But not gonna break it unless it goes in a high end slab.
     
    Mr.Q, SensibleSal66 and Razz like this.
  8. baseball21

    baseball21 Well-Known Member

    I would suggest doing a lot more research on the modern coin market. I'm terrible with Washingtons so I have no comment but high end moderns especially 83s have significant value. Being silver or not doesnt matter at all
     
    Mannie gray and Cheech9712 like this.
  9. potty dollar 1878

    potty dollar 1878 Well-Known Member

    It depends on you if you feel like it can get a high enough grade take it out and give it a shot if not let it be.
     
    CREATIVECRHUNTER and UncleScroge like this.
  10. Razz

    Razz Critical Thinker

    It would need to reach 66 to make it profitable if looking to sell. I like mint set and none were made in 83 so the souvenir set is as close as you can get to completing the run. Maybe I would cut it out and keep the rest in the OGP and the quarter slab for the "mint set" set...
     
  11. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    This would make me test my eye, I have a lot f coins....ready to be slabbed. Have never done it, would rather have more coins than a subjective slab. Even though the slabs are the money.
    I just think that the coin needs better photos than a cello wrapper. LOL.
    I know huh.
     
  12. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    It could do '66 (in a 30mph zone). Might be worth a try.
     
  13. expat

    expat Remember you are unique, just like everyone else Supporter

    The biggest part of the dilemma is the tiny refraction of light between the cello and the coins surface. It is enough to change the appearance slightly and you have to be convinced that the coin will look the same when you remove it. If you are happy that it will, then just cut that coin out and leave the rest in their original packaging
     
  14. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    You know at $4 for the set. Pretty cheap if you ask me, I could easily do that. At the same point these sets don't sell cheap. I could put it online and get 50$ or better.
     
    MIGuy and Cheech9712 like this.
  15. Razz

    Razz Critical Thinker

    Buy all the 83 souvenir sets at $4 you can. They go for $30 each as you had to walk into a mint in Philadelphia, SF or Denver to buy over the counter. They were not available by mail order IIRC. Regular mint sets 68 and newer, sure break out the coins.
     
    MIGuy and UncleScroge like this.
  16. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    No doubt. This was part of 47 Souvenir sets at 4 each. I had to buy all of them to get the 83 set.
     
    steve westermeier likes this.
  17. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    More of the same...based on any coin in a set, you might want to break it up to isolate it in a TPG holder with a grade. Replacement cost of a set of common mint sets is relatively low, so I wouldn't have any issue breaking up a set for a specimen I wanted to put into one of my albums (and have done just that). Comes down to the juice in the squeeze; worthy of a TPG fee or not.
     
    Pickin and Grinin likes this.
  18. Mr. Flute

    Mr. Flute Well-Known Member

    In that case, look over all the other quarters to see if you've got other Gem+ coins for submission.

    I've been working on discerning Gem+ early clad Washingtons, so you certainly need to provide better photos for us.

    But if the 1983 sets sell all day for $30-50 on I'd just sell your set as-is at the market rate, take the profits and move them into other value adds for your collection.
     
    MIGuy and Pickin and Grinin like this.
  19. Mr.Q

    Mr.Q Well-Known Member

    Why mess with a good thing, leave it alooooone! It's already a winner.
     
    Mr. Flute likes this.
  20. Mac McDonald

    Mac McDonald Well-Known Member

    I like that suggestion...if nothing else but for the learning experience of a grading fee. You'll (he'll) get the quarter back one way or another and be better for it, also...for making similar/future decisions. Sometimes that's what it takes...no pain no gain, no effort no gain...something like that. I'd just be patient and not be in a rush. My only issue for grading is the waiting period right now...I'm not doing any submissions until this clears up or until they find a better way. The TPGs ought to issue a submission number/ticket by request...maybe with a completed form, etc...and when they get to within a couple of weeks of your number/items coming up for actual review and grading, notify you to send them in. No system is perfect and neither would this be, but (to me) beats sending in your coins and having them sit and sit (somewhere/somehow of unknown conditions, exposure, out of your control, etc, etc.) for 10-12 weeks or more into months to a year.
     
  21. chascat

    chascat Well-Known Member

    The quarter would look very nice in my Dansco.
     
Draft saved Draft deleted

Share This Page