Riddle me this. A 1986 S proof set retails for $8.00 If you were to remove the coins, and they all graded at PF 65 (raw) they would retail for $21.00. Does this make sense in the world of numismatics? I can't wait to read your opinions. Thanks.
I'm not qualified to answer but that never stopped me before. Grading raw coins is subjective and sometimes contentious depending if you are buying or selling. What is your time worth to argue grades to make $13 even if you could sell them all at the same time?
You make a good point. Buying or selling is always contentious and time is money. However, there is the other side of the coin (pun intended) that an agreed upon graded coin should yield its’ proper value, and proof sets don’t seem to reflect proper values. I mean, here you have a proof set you have had for 60 years that is the quintessential grade and condition being the best the Mint makes and they turn out to be woefully undervalued. I get it. I get it in spades. Something is wonky in Proof Set land…Spark
Modern Proof singles have been terrible buys for as long as I have been a collector, which is now going on 66 years. I don’t know why some collectors pay high prices for Proof singles when the smart buy is the entire set. Don’t be fooled by the individual coin catalog prices. It’s a “roach motel” buy. It’s easy to check in with a high prices, but selling at a commensurate amount is not possible.
