I bought I 1977 proof set today for what seemed like a pretty fair price, and it seems to me that the sum of the prices for the individual coins in the set is worth more than what the set is worth as a whole. So, my question is should I break it up, or keep it as a whole?
Are you looking to sell the coins and make some money then? If that's the case, I'd wait until a buyer or two lined up first.
Ah, I see what you two are getting at. I am just getting started in collecting, so this is actually my first set, and I have no intents of selling it soon. I guess for my sake, it would be better for me to keep it together?
Sometimes it is more profitable to break up proof sets, mainly sets from the 50's and 60's, if you get a really choice 1959 proof franklin thats has a great deep cameo then without a doubt i would break it up and slab the frankie because it would be worth much more than the set its self.
Tough call. It's really up to you. If you are thinking of collecting proofs, then buying the sets is buy far the most economical way to go. I think your first concern regarding proof collecting is making sure that you know and have planned on how you are going to handle and store them individually. Since you are starting out - My advice would be to think about it some more - take your time and make plans and set a goals for your collection and what you like to collect. For what it is worth. I set out to collect all the proof sets made and complete them as far back as I can go. 1940 is where that ended. I am now periodically searching for PCGS Proof Lincolns. I have a long way to go, I only have 20 or so. The proof collection I am most excited about is the Raw Lincoln proofs I have all the way back to 1950 that I am going to display in those INtercept round containers drilled in to a peice of cherry and make large plaque displaying them all in my office. So, hopefully that gives you some ideas. Good luck!
