"Cut From A Proof Set"

Discussion in 'US Coins Forum' started by Goldstone, May 25, 2009.

  1. Goldstone

    Goldstone Digging for Gold

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  3. mark_h

    mark_h Somewhere over the rainbow

    Note always true - some sets will sell individually for me. Go figure - it does happen. Plus - how would you ever get a proof penny to complete your album if someone did not break up sets.
     
  4. PennyGuy

    PennyGuy US and CDN Copper

    The same argument might be put forth on complete sets of coins. Except that dealers make a living on breaking up sets and selling individual coins.

    Proof single coins have always been available. In this case someone got a pretty good deal, a 1959 Proof Franklin could be worth upwards of $30 or so.

    It would look good in a type set though, wouldn't it?
     
  5. kanga

    kanga 65 Year Collector

    The coin looks TOO good.
    Notice the seller has other dates described the same way.
    Some of the dates are older.
     
  6. borgovan

    borgovan Supporter**

    I see lots of dealers selling single, average-looking, proof Franklin half dollars for more than the entire proof set goes for. Never made much sense to me.
     
  7. Conder101

    Conder101 Numismatist

    Very true, but what about an average or even below average set with one spectacular coin in it? I that case you do better to cut the spectacular coin out of the set and send it on its way without the albatross.
     
  8. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    If it were me, and I had a proof set, with a franklin of that caliber, I'd cut it outta there, QUICK, and send it in for grading, hoping for a 68+ Cameo, or Deep Cameo
    Sometimes coins need to be taken outta the proof sets, I mean, how would collectors get graded proof coins, or put them in their Dansco albums like Mark said
     
  9. Goldstone

    Goldstone Digging for Gold

    Oh...would you then recommend buying the proof sets, or have those already been scanned for the PR68's
     
  10. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Well, I mean, I think the silver proof sets, from before 1965 are good buys
    Now, when buying proof sets, it is best to do it in person, but sometimes, there will be dust, blocking out the coin's true appearance, so you could see a PR3, when it could be a perfect coin, worth thousands!
    The proof coins are tricky, and being in person is always best, when trying to look for cameos, and what not
    I think these are good buys, but only if the price is right, and you think you see a coin worth grading
     
  11. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think you should buy what you like. If you like the coins in their original government packaging then only buy them like that. If not, then don't. I personally don't care how the coin is packaged and will buy a single if I can get a good price.
     
  12. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Listen to Camaro, very wise :)
    Just buy what you like, and don't try to be so influenced by us, shoot Mark_H almost got me collecting high grade indian head pennies! LOL
    Lehigh, almost got me collecting jeffersons! LOL
    I'm A COMPULSIVE COIN JUNKIE AND I NEED HELP! :D
    The best advice any of us could ever give is just buy what you like, and what makes you happy
     
  13. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Exactly, when I was about 12 or so I started collecting (so, I've been collecting for half my life now) and the mistake I made was trying to collect everything. Decide what you like and collect that.
     
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