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How do uncirculated coin sets have damage?
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<p>[QUOTE="Conder101, post: 3658600, member: 66"]First is is not a mint set. It is a set put together in the aftermarket and sold by a private company. The coins in the set may have come from a mint set, but it is much more likely they were just pulled from new rolls from boxes of circulation coins.</p><p><br /></p><p><br /></p><p>A "bank set" is usually a set of circulating coins put together by a private company and provided to a bank that sells them at an inflated price with the bank and the supplier splitting the profits. Around here at one time all the banks in the area were provided with coins to sell by Silvertowne. Silvertowne is just about 20 miles down the road. So the local bans sold sets like that along with other items, bullion silver eagles in a display case for $27 when silver was $14, stuff like that.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3658600, member: 66"]First is is not a mint set. It is a set put together in the aftermarket and sold by a private company. The coins in the set may have come from a mint set, but it is much more likely they were just pulled from new rolls from boxes of circulation coins. A "bank set" is usually a set of circulating coins put together by a private company and provided to a bank that sells them at an inflated price with the bank and the supplier splitting the profits. Around here at one time all the banks in the area were provided with coins to sell by Silvertowne. Silvertowne is just about 20 miles down the road. So the local bans sold sets like that along with other items, bullion silver eagles in a display case for $27 when silver was $14, stuff like that.[/QUOTE]
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How do uncirculated coin sets have damage?
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