I found an 18k gold ring medal detecting last night. I got $220 out of it. I was going to use that money to get the latest ASE 2 coin set for $150. While talking to my coin dealer cashing in the ring, we got to talking about the ASE set. He said he has a 2011 Anniversary set that he is selling for $700 (Ungraded). He said he would let me put it on layaway and give me about 6 months or so to pay it off. I am in the process of switching careers. The work for the new career has been a little sporadic. Hoping it takes off soon with more work. Anyway, my point being, money is a little tight at the moment. I missed the opportunity to get the 2011 set and have really wanted one ever since. Even thought I'm not crazy about the $150 price on the newest set, I wanted one of those as well. If I put $100 down on the anniversary set and pay $100 a month for 6 months, that stretching my coin budget to the max per month. So that would me, not buying any other coins for 6 months. If in a similar situation, would you just get the 2012 set and have a little money left over, or use that money and get the 2011 5 coin set?
$700 for an ungraded set is nothing to write home about. I have seen them sell for less on eBay (albeit not all THAT much less). The current market is saturated with the 5 coin sets and will probably remain stagnant for a while, although I do believe the long term prospects for the set are pretty good.If you must, buy the 2 coin set and use the remaining money to take your girlfriend out for supper.
Yeah I wasn't crazy about the 700 price either. The cheapest I've seen on ebay recently was $689 shipped. Thanks for the input.
Easy - buy neither if money is that tight, but if you got to buy one go for the 2012 set. Just my opinion.
I'm with mark_h, if money is tight, put your new found money where it counts most, perhaps save for a rainy day when it might be needed more than staring at two silver coins you spent it all on. But that's just my opinion as well.
I would simply get the 2 coin proof set for $149 and forget about the 5 coin ASE Anniversary Set. Coins are normally not worth getting in debt over. Although I have placed things on layaway in the past, I have never done it with coins and I wouldn't start either. Let's say you agree to this layaway and all of a sudden the price of that set falls below $500. What then? Nevermind, just go with the 2012 set, that's what I'd do. :thumb:
Honestly? Considering your situation, I would not touch either. Other than the label nonsense, the value in the anniversary set is mostly in the two coins while the others, especially raw, and nothing special. If you really want the two, consider waiting to see if either can be snagged on the cheap as individuals. As for the 2012 SF set, you might as well wait until later and see how well they are selling. If huge numbers are sold due to speculation, there is no reason to buy from the mint as you may be able to pick one up cheaper down the road. Even with the "mint to demand" deal, there may be people buying as if there will be a repeat of the anniversary set nonsense. No reason to jump now.. wait and see what happens.
I would say neither if you're that tight on money. I don't see the prices of either sets going up in the near future. I'm pretty sure there are a lot of flippers buying up the 2012 ASE set to flip later.
2012 set. [sour grapes] let those who hogged all the ASE anniversary sets be stuck with them for all eternity, until Satan has wrested them from their grasp and given the wretched souls face value for their vice of Greed [/sour grapes]. No, but really, the 2012 set. Nice find on the metal detector! Always wanted one of those. And buy what you want - you can't take it with you.
Thanks everyone. I probably was a little vague. Money is tight, but all the bills are paid and I do have coin budget, so it's not like I'm taking bill money to go buy coins. I was just wondering which set would be a better buy.
I guess I do not understand the motivation to buy either of the sets. Why spend $700 on coins that were minted last year? $700 could be used to buy a nice, fairly rare, old coin that has some historical significance. BTW, congrats on the MD find. All I have ever found is clad coins and trash.
Was going to make a low blow layaway joke, but resisted. But really, layaway for anything seems like a crazy idea to me.
Nice MD find. You must have been digging everything. Gold is easy to pass over assumng its something else. I would just get the 2012 set and not worry about the 2011 set. Its the same thing in a condensed version. Still unique. You get a nice reverse proof. Way more affordable for basically the same thing, minus 3 coins.
I had dug up a modern quarter and went back over the area again and got another hit so since I was just there, I decided to dig that object up.
