"uncirculated bank set" & 1883 overdate value questions

Discussion in 'Coin Chat' started by zach67005, Dec 20, 2011.

  1. zach67005

    zach67005 Active Member

    I was lucky enough to discover that my small town now has a bullion exchange/not quite yet a coin shop today. Went in & saw a curious 1990 mint set with a copper denver mint token(cent sized)which I picked up for $5 because I love mint tokens. I got it home to discover it wasn't even a united states mint product. purple box with a gold outlined fat seal like the rev of an ASE. Has anyone else ever seen one of these? The COA says "this luxurious packaging was created especially for Uncirculated Bank Sets available from your financial institution." Inside the COA it says that the coins were only handled by white gloves since leaving the mint. Not complaining I like the token plenty, just wondering if anyone has any info on who makes these sets, are there other style or mintmark tokens?
    Next, I went to my favorite mom & pop shop in Wichita before an appt where I picked up a 1918 ms64/5 phillipenes ten centavo(I have many, but love the design & this is my new gem of the group) & a 1935 AU/MS Brazil 2000 reis which is a newly discovered favorite design both for $16. Anyway, I wanted to pick up a die cracked shield nickel to replace one I recently allowed myself to be parted with. I was shown an MS63ish 1883/2 wth the right diagnostic cracks for $600. When I asked why so low I was told it had been lightly cleaned at some point. This coin had no indication of any sort even at 10x & looked absolutely problem free(I suspect the only reason he even knew is that it had been submitted or cracked out of a TPG slab). Where should the value be knowing about the cleaning? Thanks for any info you may have.:thumb:
     
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  3. cladking

    cladking Coin Collector

    The "bank sets" were made in the late-80's to mid-'90's for sale at banks. They are composed of half of a regular US mint set. I like these and pick them up if I see them cheap but gems in them are pretty scarce so I suspect they were searched before being sealed. You can buy the mint set for a five dollars and it has both the P and D tokens in it and most aren't searched. I think I remember my bank selling these for $7.50 each.
     
  4. zach67005

    zach67005 Active Member

    Thanks clad. The coins are nothing special, but the holder opens up so I could switch out with any proofs or other years/mints etc. I'd just never seen one before.
    Any idea on the overdate value? Is half of book about right? Thanks again.
     
  5. Conder101

    Conder101 Numismatist

    The overdate sounds interesting but I'm not real familiar with the value of them or if they have different values for the different varieties of the overdate. Do you know which variety it is?
     
  6. zach67005

    zach67005 Active Member

    Not familiar with the varieties on this particular coin, I only looked at it because I wanted to replace a 67 with spider web cracks all around the shield on the obv. This was the only shield with cracks he had. one to the right of the date(4:30) & one to the left of the O in god(11:15) These are the only indentifiers that jumped out at me, other than the over two. I paid little attention to the rev, other than to assess condition. It would be great if a good enough deal for me to purchase without stressing over the old cleaning. I'd then have to give the other Z my right arm to get my 67 back. Then I'd have two shields only, but what a pair! 1867 first year all cracked up, and 1883/2 last year with what surely would have progressed into a very nice diagonal crack(- device of course)
     
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