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<p>[QUOTE="World Colonial, post: 2471236, member: 78153"]Agree that the sets are worthwhile collecting but the buyer needs to be prepared to accept a likely loss upon resale. When I was starting out at age 10 in 1975, local dealers where I lived claimed to offer 60% of "retail". Unless the coins in the set are particularly nice, I suspect this is optimistic today.</p><p><br /></p><p>Financially, the problem with all of these sets (both circulation, proofs and commemoratives) is that this type of collecting reflects how collecting almost exclusively used to occur. Today, I suspect that most US based collectors still do it the same way but the internet has reduced marginal demand substantially since literally almost every US coin is available on demand and many (maybe most) world coins also. If there are at least 250,000 coins (date, country, denomination) and 10,000 series available, they aren't very competitive anymore.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2471236, member: 78153"]Agree that the sets are worthwhile collecting but the buyer needs to be prepared to accept a likely loss upon resale. When I was starting out at age 10 in 1975, local dealers where I lived claimed to offer 60% of "retail". Unless the coins in the set are particularly nice, I suspect this is optimistic today. Financially, the problem with all of these sets (both circulation, proofs and commemoratives) is that this type of collecting reflects how collecting almost exclusively used to occur. Today, I suspect that most US based collectors still do it the same way but the internet has reduced marginal demand substantially since literally almost every US coin is available on demand and many (maybe most) world coins also. If there are at least 250,000 coins (date, country, denomination) and 10,000 series available, they aren't very competitive anymore.[/QUOTE]
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