Sealed mint boxes?

Discussion in 'US Coins Forum' started by phalanxcronos, May 10, 2013.

  1. phalanxcronos

    phalanxcronos Member

    I noticed some ebay sellers selling coins that are still sealed in their usps shipping box usually for a higher premium. What makes this more desirable then having a coin you can actually look at and can't someone pull a scam by lying about the contents?

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  3. KoinJester

    KoinJester Well-Known Member

    Depending on the coins inside

    2012 ASE so they can get the S mint label if they slab them.

    Mystery gamble of unseen for possible error/ high grade.
     
  4. kydedhed

    kydedhed Member

    I believe it is because these coins have not been "cherry picked"
     
  5. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    I've thought about doing it but I ain't got the guts. It would be my luck to send out a "sealed" $50 Buffalo and buyer says he got a Proof Silver Eagle. What ya gonna do ?????

    I can see Ebay stopping this practice as they should, jmo.
     
  6. 19Lyds

    19Lyds Member of the United States of Confusion

    Excuse me but I thought that the "S" Mint lable could only be applied when submitting a box of 500 which bore the San Francisco facilities seal?

    As for selling "Sealed Mint Boxes", depending upon the coin it could be 1 of 2 reasons.

    1. Shipping Date for First Strike™ Labels

    2. Unsearched Varieties


    I have purchased exactl 1 Mint Sealed box of Silver Eagles. This was back in 2008 when the 2008 rev of 2007 coins were still available. I bought the box and submitted it to PCGS and lost my but on it.

    I will always seriously consider purchasing original sealed shipping boxes of 1965, 1966, and 1967 SMS Sets in addition to 1968, 1970, 1971, 1975, 1983, and 1988 Proof Sets.

    I'll also purchase sealed mint boxes of 1992 Silver Proof Sets.

    These are ALL big gambles which pay off on occasion but most of the time they are BIG money losers which I simply deduct at the end of the year as a loss.

    I'd much rather pay $199 for a box of 1968 Proof Sets than $199 for a single PR69DCAM Kennedy Half. Not only that, but there's always the possibility of finding a 1968-S Inverted Mint Mark Kennedy as well as a No S Jefferson Nickel.

    When this happens, you'll definitely hear me shout! Whether your computer is on or not.
     
  7. Marsden

    Marsden Well-Known Member

    The only practices eBay will ever stop are practices which cost eBay money.
     
  8. BUncirculated

    BUncirculated Well-Known Member

    Much depends on who sealed the box? These ads are more for marketing and trying to get a premium price the seller(s) wouldn't otherwise be able to obtain without the box being sealed.

    As far pulling scam, yes this is a great way to scam people.

    I avoid listings such as these at all costs.
     
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