Coin and Paper Money Collecting/Sealed Proof Cases

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Expert: - 2/17/2008


Question
Recently my husband has begun collecting U.S. Mint proof sets, particularly the state quarters and the gold presidential dollars, and some recent year sets.  Is it permissable to change coins from one sealed case to another?  Example:  Taking the Sacagawea dollar out of a set, (using cotton gloves to do it), and selling it seperately as a proof coin?  What effect does the mint-sealed case have on the value of these proofs?  Thank you,  Doris

Answer
Hi Doris,

If these sets are the government issues, sealed cases, you can not remove the coins without destroying the case.
Once you break the set, you would have to sell each coin individually.
Another option, although I do not recommend it, is to break the sets and buy a secondary market holder to assemble your own set.
Regards
Joe Hylas
Omega Precious Metals, Inc.
WWW.AllCoins.US

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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