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J P M

Member: Seasoned Veteran
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Posts posted by J P M

  1. On 3/15/2024 at 6:27 AM, J P M said:

    Wow a 55 that has not been opened is a cool find.

     

    On 3/15/2024 at 4:29 PM, Sandon said:

        What you've bought is a true "pig in a poke". While I recall a fad decades ago of collectors and dealers buying and selling purportedly "unopened" proof and mint sets and even GSA silver dollars, I haven't heard of this much in recent years.  The $125 you paid for the 1955 proof set is full retail--Coin World Values has them at a range of $120 to $130--and you have no assurances of the actual contents of the box. I would never buy coins that I haven't had an opportunity to examine in person or at least through high resolution photos.  I would require opportunity to inspect such sets before buying them. What is the point of collecting coins if you can't look at and admire them, anyway?

    I agree I have seen many box sets and all are priced at the $125 mark. And yes I would have opened it by now just to see how bad the rust is on the folds and see if it had a BB. If you are just into coins to flip them then it will not matter. 

  2. On 3/15/2024 at 1:00 AM, Halbrook Family said:

    I was in my local coin shop the other day and these two little old ladies were in there selling what I think was one of their husbands coin collection. I saw they had a few of the old box proof sets. About a half a dozen of them. I asked if they could hold some of them for me. Anyways I buy a unc and proof sets at the store and they didn't want to buy a bunch of things from the ladies and they asked the ladies if they wanted to sell them for me. I bought 32 unc and proof sets from them for $52 and I got some loose Canadian silver change (1919 and 1905 5 cents) and two of the unc sets had 40% silver half dollars. I needed 10 of the sets and upgraded a few more. Also included was a 1976 Denver souvenir set.  also a New Zealand 50th anniversary set of coinage 1933 - 1983. 

     Sorry for the long story but  I picked up one of the boxes today. A 1955 one. The guy who owned these kept his stuff in excellent shape. The unc sets and the proofs sets were excellent. The proofs were all still sealed. Obviously this box should be kept sealed right? I paid $125 for it. I also made $50 on the sets I didn't need and got about $40 in silver. I have them holding a 1954 set and a 1953 set as well. Are these sets worth less if opened? Is there varieties in the 1955? 

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    Wow a 55 that has not been opened is a cool find.

  3. On 3/14/2024 at 5:20 PM, powermad5000 said:

    We have all ruffled someone's feathers at some point. I agree with @J P M. The end result is a loss on their end.

    Snow there, and a possibility of severe weather here today. We surely are in spring now.

    Adult beverages sounds great today! :grin:

    I am on the road also; it was 74 today in Pensacola and when I get to Sarasota tomorrow it should be around 80. Now that is more like Spring. 

  4. On 3/14/2024 at 6:44 AM, VKurtB said:

    So let me get the thought process right here. You look up the value of the finest known specimen of a coin, then look at yours, and think, “oh yeah, mine is AT LEAST that good”. Oh boy, do you have a lot of disappointment ahead of you. Someday I’d like someone to explain that thought process to me. I’ll buy the adult beverages. 
     

    BTW, it is snowin’ like a sumbeyatch in Colorado Springs. We are expecting FEET of the stuff. 

    You on the road again? Working the show?