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Is "Sealed mint box" a big joke?
I have bought quite a few modern US uncirculated sets, both from eBay
sellers selling as 'sealed mint box' and directly from the mint. What I have found is that nearly all of the sealed mint box eBay purchases have had sub-par, highly bag marked coins, while the ones purchased directly from the mint are, on average, much nicer. The eBay purchases have been through a lot of different sellers. Obviously, the mint boxes are not 'high-security', nor is there any method of detecting those which have been opened carefully and then re-sealed with glue. Does anyone actually buy sets from the mint without cherry-picking the best coins before they put them up on eBay? |
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#2
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Is "Sealed mint box" a big joke?
In article , Johnny Doe wrote:
I have bought quite a few modern US uncirculated sets, both from eBay sellers selling as 'sealed mint box' and directly from the mint. What I have found is that nearly all of the sealed mint box eBay purchases have had sub-par, highly bag marked coins, while the ones purchased directly from the mint are, on average, much nicer. The eBay purchases have been through a lot of different sellers. Obviously, the mint boxes are not 'high-security', nor is there any method of detecting those which have been opened carefully and then re-sealed with glue. Does anyone actually buy sets from the mint without cherry-picking the best coins before they put them up on eBay? not bloody likely |
#3
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Is "Sealed mint box" a big joke?
"Johnny Doe" wrote in message ... Does anyone actually buy sets from the mint without cherry-picking the best coins before they put them up on eBay? I used to. I don't submit coins for grading. I no longer bother with mint sets now, though. |
#4
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Is "Sealed mint box" a big joke?
On Fri, 20 Mar 2009 13:45:35 -0500, Johnny Doe wrote:
I have bought quite a few modern US uncirculated sets, both from eBay sellers selling as 'sealed mint box' and directly from the mint. What I have found is that nearly all of the sealed mint box eBay purchases have had sub-par, highly bag marked coins, while the ones purchased directly from the mint are, on average, much nicer. The eBay purchases have been through a lot of different sellers. Obviously, the mint boxes are not 'high-security', nor is there any method of detecting those which have been opened carefully and then re-sealed with glue. Does anyone actually buy sets from the mint without cherry-picking the best coins before they put them up on eBay? As a coin collector, I can not usually resist the urge to open something that is sealed so that I take a look. But if I were a seller, I could do it if there was more money in selling sets unopened than there was in opening them and gambling that there was above average coins that could be sold for even more money. I have bought "sealed" 1957-1964 proof sets from various sellers and I have generally been pleased with the quality of the coins. Maybe the sets were opened and resealed or maybe they were never sealed by the mint in the first place and just became sealed while in storage? However, I was please with the quality of the coins for the price paid and that is all that really mattered to me. The only other sealed box I have bought second hand was a 2-roll set of WV quarters. And I only bought it because it was the best price. I actually opened it when I received it since I wanted to be sure it contained both (P and D) rolls. I trusted the seller, but not the mint. Of course with the coin roll sets the seller could only see one side of the two end coins so there can really be no cherry picking. |
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