I am on the fence on whether buying a 25th Anniversary set is a better investment than say a roll of 2012 ASE's in a mint tube. Locally I see about one 25th Set up for sale about every three or four days and the price is consistently $625 and up depending on grading or not. I know the mintage is 100,000 and the exclusive coins to the set but will they outperform 20 BU 2012 or 2011 coins? I know this is just a guessing game but I'm curious what everyone thinks. If you believe it is a good investment would you go with the raw ungraded set or pay a $100 or more premium for a graded set? If so, which graded set would you go for? PCGS 69 or 70? Or NGC 69 or 70? I know this is a loaded question but I figured I would stoke the fire and ask it.
It would depend on how long you can wait to get a return on your investment. If silver goes to $50 an ounce in the next year your return on investment would be better on the 20 ASEs in the short term, but long term I would go with the 25th anniversary set.
Would you rather pay the same price for 5 ounces of silver or 20 ounces? BU solid date rolls even fetch a premium of their own, but for investment I would avoid paying premiums otherwise you are not investing as much as speculating.
The best time to get in on the 25th anniversary set was on 10/27 for $299.95. As an investment, I would go with the raw ASE roll...easy to buy/easy to sell. TC
Agreed. I don't think you will make much money buying the set now...you may even lose some. I don't think the prices have fully settled yet. I think they will drop a little more, but will stay way above that original price.
I think if it was you wouldn't have seen everyone and their brother who bought sets turn around and sell them almost immediately. Sure, there was money to be made shortly after the fact, but long-term I think you'd do better buying plain ASE's as close to spot as possible. Guy
I would get the set raw in ogp I think they will go up in a year and maybe longer. price is not dependant on spot so it's a safe bet.
I think you are backwards here. If you are looking for the long term investment...I think silver bullion is the way to go. Over time it will slowly go up. With the ASE set, we saw a huge short term surge in price following the sell out...then the prices hit a plateau and then dropped a bit. I don't think they are going to go up much from where they are right now...they might even drop a bit. It's the exact the same thing the 2006 set did, and that set hasn't had much value change in the last few years. The 25th anniversary set was a great short term investment if you were able to get the sets from the mint and sell them in the hype. Once that window closed, their investment potential was lost for good IMHO.
The way I see it, The people who got it in the first round made the most money. They bought the mint out of all they have and now collectors need them, and these people can supply the demand. With the demand being supplied in the first 2 months of its coming out, demand starts to dwindle and supply is still there. Since demand is falling, I'd say unless you can get one dirt cheap and immediately flip it, you'd be better off going without one because that demand will be falling very slowly just like the 20th anniversary ASE set. Just my ~Cannyn
I think one major advantage to the roll of ASE's is you can sell them in any quantity you choose to. Even one if you need a little quick cash. I think you would make a big mistake selling the individual coins from the set. Three of them would become simple bullion if you did. I did just the opposite in the after market. I bought the two known specialty pieces in the set and the others from dealers. I think I saved quite a bit of money that way and the two special coins are now already graded. Out of pocket was $525 with two graded vs $600-$650 at current prices ungraded. I was just a patient buyer and bid quite a few auctions.
Different "investments". If you collect ASE's, think they are pretty, and want a set then a set is a good investment in yourself. For all coin collecting the greatest return is in self satisfaction. If strictly for financial holding for later sale, roll of ASE's is better, though there is even cheaper options to hold silver. People say the premiums for ASE's hold stable, but that is still missing the point. Lets say silver goes from 30 to 60, and the premium is 3 per coin. You give up 10% in premium today, for a 5% return in premium tomorrow. Sounds like a bad deal. I would prefer to buy at spot, and sell at spot, without any premium. You can afford more ounces of silver that way.
numismatic vs bullion- remember you are asking on a bullion forum- you may get a different answer on the numismatic forum. personally I lean toward numismatic
Good reply. With the prices on these coins now, they are not a good "investment". It's been turned into a speculator's market. ------------------------------- I recomment to the OP that if you roll the dice now and pick up a set, IMO, you are going to lose money off today's prices. Get the ASEs instead and shop price.
