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<p>[QUOTE=&quot;19Lyds, post: 1133469, member: 15929&quot;]Don&#039;t feel embarrased over your &quot;Commemorative&quot; coin purchase since my remarks are mainly aimed at Modern &quot;circulating&quot; Proof Coins and not necessarily Proof Commemorative coins which can and sometimes do command premiums due to low production volumes. Look at the 2001 Silver Buffalo Uncirculated commemorative! It&#039;s many multiples of value over its original issue price due to its design popularity AND ts relatively low mintages.</p><p>&nbsp;</p><p>Proof Set coins on the other hand are made by the Millions.</p><p>&nbsp;</p><p>My advice for modern proof coins is NOT to by the best grade you can afford but INSTEAD shop around for the absolute cheapest coin you can afford in the highest grade. If you want to extend into the PR70DCAM arena and can afford it then by all means, get-er done!</p><p>&nbsp;</p><p>But, don&#039;t expect a price increase over the long run since it just isn&#039; going to happen. Sure, anything is possible but historically speaking, it won;t happen.</p><p>&nbsp;</p><p>I myself have purchased PR70DCAM Kennedy&#039;s which sold, in open bidding, for less than HALF of priceguide values. One, in fact, had a price guide value of $350 which I picked up, in open bidding, for a mere $88.09! Since these purchases were registry set motivated, I certainly won&#039; kick myself too hard when/if they get sold at one fourth of price guide value since I was well aware of this going into the bidding.</p><p><br /></p><p>Folks are certainly welcome to collect whatever they want in whatever grade they want but when they ask if it&#039;s a &quot;good investment&quot;, for modern proof coins the answer will always be no.</p><p>&nbsp;</p><p>Shop Smart and ignore the never ending supply of seller hype by understanding that any Modern Proof coin, regardless of grade, that is readily available by the hundreds on any given day will NOT increase in price over the long run and is a very bad Investment. As a matter of fact, coins themselves can be very bad investment material unless you know what you are doing and when to do it. These folks are usually called short term flippers.[/QUOTE]</p><p><br /></p>

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