i recently purchased a bunch of 1950's era double mint sets. they are all still in the original cardboard holders. a majority of the coins have taken on some beautiful toning. i have to take some of the coins out of the cardboard to look at the reverse of the coins. in doing so i have punched through some of the thin paper that is on the other side of the cardboard. my question is will it really hurt the value to take them out of the cardboard. i understand having them in OGP is nice but i dont plan on selling them anytime soon. i would like to see both sides of the coins whenever i like. at some point i might send some in for grading. am i shooting myself in the foot by removing the coins. any insight would be greatly appreciated. :thumb:
One of my friends on the NGC forums is always on the lookout for the 1958 double Mint sets because of the toning on many of the coins. He submits them for grading and auctions them on eBay for a very nice profit. Chris
yeah it seems like the '58 set is one of the best for getting toners. i have a few '57's and a '54 coming.
Yes, it does. Those original sets have an extra premium attached because they are original sets. You can buy the same date coins to make up such a set much cheaper than what you can buy the set for. And breaking the paper isn't going to help either. But since you have removed them, make sure to save the holders and envelopes and preserve them as best you can. Any additional damage to the holders will only lessen the value of the set.
What Doug said! As far as I'm concerned once you take them out of the holders they are just year sets and no longer a mint set.
ok, just wanted to know for sure. i have only taken out 1 set so far to take pictures. i dont plan on taking out the others. thanks for the heads up :thumb:
Look, you can take them out of the holders for pictures or just to examine them. You can even store them out of the holders if you like. The important thing is that you know which holders go with which sets, and that you store the holders just as carefully as you store the coins. Then if the time ever comes, you put the coins back in the holders and you still have original sets. But you don't want to damage the paper. That only makes potential buyers that know what's going on think that you may have swithced the coins. And that will lower the value of the set.
The problem, in my case, is that on an untampered with set the paper on the back of the flat. If the coins are removed for examination the paper on the back, even if it isn't torn, it's now dimpled so you know the coins have been removed. If they have been removed they may have been switched which makes me question the originality and thus lowers the value. (For awhile coins that showed "mint set" toning brought a hefty premium and it was a common thing to remove the toned pieces and replace them with other untoned coins. This let them sell the toned coin for a premium and still have the mint set they could sell. If they held the set and kept it in a warm place they might even be able to generate more "mint set" toned coins they could sell for a premium.)
I have a bunch of these sets and wonder if leaving 'em in the holders could eventually turn the coins black.
If you don't store them properly, then yes the coins could turn black. But if stored properly, in a closed container with controlled temperature and humidity, then they should be fine and not tone any more for many years.
