Proof vs Silver

I know the silver value in coins, but I have been collecting clad Roosevelt dimes lately. Do you think the clad Roosevelt PROOFS will continue to rise, or are the silver dimes the only way to go. I guess this could pertain to any PROOF clads. Im just surprised how much some of the clad proofs are in the price guides.

 

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I see no fundamental reason for a rise in the value of proof clad Roosevelt dimes.

 

They'll be valuable long after you've passed on more than likely.

 

Define "continue to rise". Most recent proofs I see are valued right around the price they would have cost new.

As for the silver proofs, much depends on where the price of silver goes, which is anyone's guess.

 

Yes+No Clad PR-70 Pcgs graded do hold value.but the silver Pcgs Pr-69+70 in some years do have a low pop.
but what really boils down to is the market $ +Population:yes:

 

When it comes down to the proofs, silver is the way to go. You obviously have the precious metal content, but also the silver proofs typically have lower mintages and greater demand. Also, IMO, they look better in silver than clad. TC

 

Go on Ebay. My wife bought a bunch of US Mint proof sets in the early 80s. I found them after she passed and am horrified to see they go on the bay for about a third (less in some cases) of what she paid for them. As an investment US Mint proof sets are horrible. Okay maybe in 40 years they will recover to purchase price, but really silver is the way to go, and don't bother with silver proof if it isn't already in a NGS wrapper with a PF # of at least 63.

I blame the US Mint for over pricing and minting ridiculously large numbers of their Mint sets. This led to a flooded market.

I believe a person should have two categories of silver coins in their collection. About $1,000 face value should be in cheap poor to good condition common pre 1964 silver coins such as Mercury and Roosevelt dimes, Liberty and Washington quarters Kennedy and Franklin halves, Peace dollars (lots of merely good condition ones out there classified by Collectors as common dates). You may also (as I do from time to time) encounter poor condition Morgan dollars and raw, tarnished and dirty Silver Eagles selling at close to spot silver prices. Grab those when you can. Your goal should be to accumulate at least 20 pounds of bullion as an emergency stash. Your second category should be 100+ year old silver coins in as nice an NGS certified condition as you can afford. A common date Morgan in NGS PF68 or even MS63 is always a good thing to have. Matter of fact, in my opinion, having a few MS65+ Seated Liberty coins of various denominations probably wouldn't hurt either.

 

Every coin collector in American needs to read and understand this. Thanks for sharing the truth, hard though it be to admit. Many here simply cannot face these facts!

Here, an average coin-buyer in the 1980s lost THREE WAYS:
1) Nominal Value, DOWN ~66%.
2) Loss To Inflation (coins are 'worth' less in inflation-adjusted terms, too!)
3) Opportunity Cost (time and better choices, wasted or ignored.)

I think that Silver coin buyers did somewhat better, but numismatic values PAID (against inflation and 'what-it's-worth' now) might still be poor. The 1980s and 1990s were Paper's Glory-Days; coins were NOT 'good investments' then.

At some point in the future US coins might be, but wait for the Great Liquidation first. Millions more collections to be dumped, circa 2014-2025.

 

Juan you are 1000 percent correct.
What we need to look at when discussing inflation, investments and coin collecting is a concept called 'real wages.' I.e., how much can the average worker buy with what he earns in his 40 hour work week or yearly. For most Americans this number has really gone down and has been for a long time. Set against that purchasing power of the old coin he got from his grandfather. Imagine it was in 65 and a (then common and still available from banks) 1921 Peace dollar in fair condition, What could he have bought by selling it for goods in 70, 90 or today? I paid $29 for one of those a few weeks ago and am not impressed with the purchasing power of this coin compared to when it was new and tow or three of them would cover a worker's weeks rent in many neighborhoods around America.

 

I saw my first proof set (not silver) in 5th grade (~1970) and was mesmerized!

I bought one each year from 1980 until about 2005... When I looked up the value of these a few years ago, and my jaw bounced off the floor!

Those huge production numbers are killers!

Bill

 

YUP. And many of them don't even (especially the Uncirculated sets) have a melt value.

 

Silver proofs are the way to go. I have never figured out why the US mint doesn't get into the "off metal strike" bandwagon like the British Royal Mint, Royal Canadian Mint and Monnaie de Paris have. I wouldn't mind owning a gold cent for instance.

 

This may be true, but keep in mind it isn't the US Mints purpose in life to ensure they're offering good investments that can be flipped for profit at some point in the future.

 

True that, but what they have accomplished is ensure I will never waste my money buying a set from their store vs. waiting 5 years and getting the same set online at the bay for half price or less.

 

now THERE is an overlooked series- clad proof Roosevelts

 

Ok now read these comments- ALL OF THEM-EVERY SINGLE ONE is bearish on clad proof Roosevelts...that my friend is a contrarian's dream come true. I believe I will start buying up some rolls of clad proof dimes.

 

Silver also what I would buy to. But Roosey are not to hot. Why??
Proof's 1950-1970 Deep Camo. Are warm price wise. Mint stage MS66++ Full bands 1946-50 too . But Roosey are not to hot other wise.my2c

 

i just bought 3 proof dimes this week a 69,83,84 might go back next week for more.

 

Honestly, in my opinion, anything clad isn't worth too much to collect unless it's an error or a Type I or II (can't ever remember which one is which) for the year like 79 and 81. For me this includes Ike's as well and he's my favorite president. I collect standard mint and proof sets, but that is for my personal collection purposes. When I get a second set, I cut out the cent and sell the rest to anyone who wants them.

The dime also isn't the best coin, and hasn't had any changes in design for 50+ years. Even if they do make a change sometime soon, I don't see it becoming popular minus a few years before any changes.

 

Actually I would love to see them return to the Mercury dime design.