Proof Singles

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I use a "fudge factor" in my pricing formula.

 

Cheap coins - 10% to 50% of the PCGS value.
Mid-priced coins - 5% to 33% of the PCGS value.
Expensive coins - 1% to 20% of the PCGS value.
Beyond my financial means - 0% of the PCGS value.

 

This is only partially correct. To view current listings an account is not necessary, but to view ended items one must sign in (and by extension have an account). If Spider doesn't open an eBay account, then he will be unable to view closed listings, thus making the provided link useless to him.

 

In almost all cases the proof singles will add up to more than the price of the proof set. Indeed it is possible to buy some sets at retail and profit by selling the pieces at wholesale. It's not a simple matter to figure the spread for any of these because a certain percentage of the proof set coins are culls and will not sell at wholesale. This varies by date and denomination from about 5% to about 25%.

It can still be cheaper to buy the singles if you have no easy way to dispose of the rest of the set. There are some date cents that wholesale for more than the entire proof set.

 

thank you old Dan, but i have to reopen this up

Would it be worth it to buy a bunch of 2003 proof pennies ofr 2 bucks? or a 1964 penny for $1?

 

Spider
When you say a "a bunch of 2003 proof pennies ofr 2 bucks" is that $2 each or $2 for a few?

Again...it would depend on the grade...if that is a good price.

Speedy

 

2 dollars a piece

 

It's your money...but I wouldn't...
If I would see them in person I might be more likely to buy 1 or 2 but not many.

Speedy

 

well i think i might start a lincoln proof collection if its affordable or just get some older proof coins for cheap

 

Well---some of the older ones will be high but there is nothing to hard to try.

Speedy