Split Proof Set or Not

Discussion in 'Coin Chat' started by Newbie2015, Sep 18, 2020.

  1. Newbie2015

    Newbie2015 Member

    Guys I have some Proof set. The value of the Proof set if I break it up is 2 times more then if I keep it together. Any advice would be appreciated. I am not selling. I just would like to know for further knowledge.
     
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  3. furryfrog02

    furryfrog02 Well-Known Member

    If you aren't selling then why does it matter what you do with them right now?
     
  4. Lawtoad

    Lawtoad Well-Known Member

    +1 I agree with my amphibian brethren. Keep them in the original mint sealed containers. Makes the best sense.
     
  5. Michael K

    Michael K Well-Known Member

    It may appear that the set is worth more individually (coin price listings) but that's only if one of the break outs grades very high.
    When you break open the proof set, if you don't individually grade the coins
    (costs more than the coins are worth) you now have impaired proofs.
    It's a slippery slope. And without knowing what year this set is, and photos of both sides, there's no way to determine what the correct move it.
     
    Inspector43 likes this.
  6. expat

    expat Remember you are unique, just like everyone else

    If you separate them and they get damaged they will be worth less than the set
     
    Inspector43 and spirityoda like this.
  7. Newbie2015

    Newbie2015 Member

    I am asking for knowledge sake. I wanted to inventory the coins and decided to check the individual value and discovered they were worth more separately.
     
  8. Newbie2015

    Newbie2015 Member

    Thank you all so much for the information.
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    This isn't always true. An impaired proof is one that has wear and tear, not just because it has been cracked out of the OGP.
     
    Beefer518 and Inspector43 like this.
  10. Inspector43

    Inspector43 72 Year Collector

    There is a big difference between worth as stated in published listings and what you can actually sell something for.
     
  11. Michael K

    Michael K Well-Known Member

    Yes, it would need to circulate. But my concern is that if they are broken out and not protected, they will become impaired.
     
  12. Kentucky

    Kentucky Supporter! Supporter

    Breaking them out, you have 5 coins (or more) to sell, along with 5X the seller's fees and 5X the pain in the posterior! And that's assuming they ALL sell. Keep 'em together.
     
    RonSanderson likes this.
  13. Newbie2015

    Newbie2015 Member

    I did not think of the seller's fee. Thanks.
     
    Kentucky likes this.
  14. Conder101

    Conder101 Numismatist

    And more than two times the headache to get rid of as Kentucky pointed out. The reason the prices of the individual coins add up to more than the value of the set is the "dealer nuscience fees" that have to be added to each coin to make up for all the extra effort and expense of marketing them.
     
    Oldhoopster likes this.
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