ok this is my latest purchase what you think.. for 95 buck I think it was a decent investment counting the fact its worth 125 now imagine when my little girl turns 16 ... shoot but for now I think ill make a necklace frame..
I think you got a pretty good price...I have seen them selling for a bit more than that. Long term, it's hard to say if these will continue to hold that value or not. But either way, it's a very nice piece.
I honestly don't believe they will go down in value .. its more of a time growth mechanism then a devaluation
That's why I'm holding bags of circulated State Quarters. They aren't minting any more! They're bound to go up in value! On a related note, I need to buy some more 1970 proof sets at $10 each, so that when I finish my time machine I can go back to 1971 and sell them for $25 each.
take example the rare 2006-2007 reverse ase or what ever year it is the one the mint put out a letter for .. that's worth 1000 dollars now \
I agree there are some special examples that see positive growth. The 1995-W, both anniversary sets are prime examples of that. I just feel like the reverse proofs since are the mint trying to ride that success as long as possible. I don't see these coins holding the value that those others do. It is far more common for coins like this to have a short term price spike and then drop. I could be wrong though.
Is this the same one you started a different thread about asking if you got a good price? http://www.cointalk.com/threads/latest-purchase.245283/
yea I finally got it today.. I couldn't find the old thread.. tho im thinking it might be my last purchase for a while
You did well! I like these coins too, so don't stop now....think of how impressive an entire RP set would look!