Would modern pf 70 silver proof sets be easier to sell in the future, as opposed to some of these raw modern silver coins, and what about the non silver coins as well in pf or MS 70 as opposed to raw ones. I'm strictly only talking about those coins in a 70 grade and their raw counterparts when it comes to selling. I'm sure this has been talked about, but I wanted to put together a collection that could be sold quickly if need be. I'm talking in about 30 years lets say.
I would not purchase coins graded 70 in MS or PF. A lot of these coins sell for outrageous prices now and I suspect that there are going to be a lot of disappointed people in the future when it comes time to sell these coins. This is even more true for common coins where there are hundreds if not thousands graded at 70. Later date American Silver Eagles for example. I believe the current "70" craze to be a bubble, that will no doubt POP one day. Some items that will always be easy to sell would be any popular bullion items made of gold or silver. If you looking for numismatic type coins, I would go with nice original looking seated and bust type coins. But that is not something your going to be able to find quickly and you will need to be somewhat experienced before spending a decent amount of money on them. I also think that Eisenhower Dollars are going to appreciate more in the future and the market for US Philippine Coins and Hawaiian coins are expanding every year, but I am a little biased on the latter two. IMHO, Joseph
Considering most if not all modern proof coin are either 69 or 70, I'd say grade won't make a difference as far as being able to sell them at some point. I don't see these selling for more than coins ungraded in the future, or for much over spot. Guy
I would advise you to keep modern proof sets raw and in their original government packaging (OGP) if the intent is to recoup the greatest return on investment. These are common as all get out and coins that grade PR69 are often considered the "losers" that one must pay for in order to be rewarded with the PR70 "winners". Considering the enormous amount of time to inspect sets and funds to pay for grading and shipping, the return is minimal, if at all positive. Therefore, if you must buy these as an investment vehicle, buy them raw and in pristine OGP; keep them that way and when you sell you may break even and you will not have to expend huge sums of money.
If at least 1/3 of the mintage is "exclusive" in your book, then yes. Otherwise, I don't get what you mean. Guy
I was talking about the ATB pf 70 series. Then I just expanded it to include of ther 70 graded coins. I do have several silver coins in the OGP, the quarter book is for the ATB and by it's end I'd like to have a whole completed ATB quarter books set as well. The 70s and quarter book were just extra I had to spend after getting the mint proof silver sets and leaving them in the OGP.
In my humble opinion you just wasted all your money in Proof 70 or MS to on a Modern Coin. After 30 years or earlier only the number of label is Proof 70 or Ms 70 but the coin is NOT!
For me I'd stay with the raw coins in the original mint packaging. If I were to go graded I'd go 69s. I've seen lots of coins graded 70 that were not 70s. Like earlier stated some 70s will not look as good in 30 years, probably less. Good luck either way you go.
Go with what you like. My taste is for US coins BEFORE 1965. IMO all the modern stuff comes in quantities that will prevent them from appreciating much in one's lifetime.
My crystal ball doesn't see that far. But personaly, if the 69/70 price difference is significant, I buy the 69.
I wouldn't trust a proof to stay haze free for 30 days let alone 30 years. IMO, your better off owning coins that are scarce or rare because of low mintage and or survival rates. I also don't believe "buy the best you can afford." IMO, it made sense 50 years ago when you could go from a EF to an Unc. for a few bucks more and with a lot more to show for the extra money. I believe that is reversed now from few for more to more for miniscule.
Thanks for your input guys. I like the ATB series as far as moderns go, and I do usually stick to bullion. I am also in the process of collecting Morgans. Raw and certified, depending on the Y and MM.
The guys who make money in modern MS or PF 70 coins are the people who buy them raw, submit them for grading, and then sell them at an outrageous premium. If you're on the other side of the equation, as the buyer in this scheme, you're entering a sucker's bet.
