Is this proof set worth more raw than slabbed?

Discussion in 'US Coins Forum' started by goldrealmoney79, Oct 3, 2020.

  1. goldrealmoney79

    goldrealmoney79 Active Member

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  3. baseball21

    baseball21 Well-Known Member

    If it were actually raw the answer would be absolutely not. It's a PCGS graded set when you read the description
    "
    1859 1C PCGS PR65 CAC
    1859 3CS PCGS PR63
    1859 H10 PCGS PR64
    1859 10C PCGS PR64
    1859 25C PCGS PR64
    1859 50C PCGS PR64 CAC
    1859 $1 PCGS PR64
    "
     
    Santinidollar likes this.
  4. Michael K

    Michael K Well-Known Member

    In the description it only lists the half dollar, and not the whole set.
     
  5. baseball21

    baseball21 Well-Known Member

    I copied and pasted it right out of the description.
     
  6. expat

    expat Remember you are unique, just like everyone else

    You copied the categories that company sells- What they have listed here and with photos is
    1859 ORIGINAL MATCHED PROOF SET! $1, 50C, 25C, H10, 10C, 3CS, 1C
    BUT when you look at the item specifics you get this
    Item specifics
    Certification: PCGS Circulated/Uncirculated: Uncirculated
    Strike Type: Proof Denomination: 50C
    Year: 1859
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    The "Item specifics" section on eBay listings can be pretty useless. The "Denomination" field in "specifics" only allows you to select one value, and lots of sellers don't realize that you can leave it empty.

    If you look at the title, photos, and description for this auction, it's perfectly clear that it includes multiple coins.
     
    Beefer518 likes this.
  8. baseball21

    baseball21 Well-Known Member

    Am I the only one that actually reads what is put in descriptions?
     
    Malleus Maleficarum likes this.
  9. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Holy Cow on that asking price........
     
  10. johnmilton

    johnmilton Well-Known Member

    For a matched, original set, that seems low. Matched original sets are worth more than assembled sets made from buying individual coins. The 1859 is the second year that the mint issued Proof sets on a formal basis.

    This is the kind of item you have to see in person before you buy. The photos are dark, and I have no doubt that that is the way the coins look in person. Dark toning makes it harder to evaluate them. You need experience to get though the toning. But the toning is the hallmark of an original coin.

    As for certification question, these coins worth more certified than raw. You need certification to insure that a “ringer” Unc. coin is not in the mix.
     
    green18 likes this.
  11. SensibleSal66

    SensibleSal66 Well-Known Member

    But it's FREE shipping guys .
     
  12. johnmilton

    johnmilton Well-Known Member

    The total Grey Sheet bid total is $16,400. One coin is CAC’d which adds a little. Then there is a 20 to 25 premium if it really is an original set.
     
  13. Long Beard

    Long Beard Active Member

    For a matched set, the ask price seems fair. To assemble a similar matched set would almost certainly cost more. Looking at the mintage numbers of each denomination, it becomes an extremely difficult undertaking should one venture to do so.
     
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