Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
2014 Limited Edition Proof Set - "Does another scratch up job"
>
Reply to Thread
Message:
<p>[QUOTE="19Lyds, post: 2130012, member: 15929"]Andrew, understand that the coins within these limited edition silver proof sets will NEVER show any marked investment potential. They could very well be losers in 50 years.</p><p><br /></p><p>Matter of fact, since 1968, proof coins in general have ALL lost value with the sole exception of the price of Silver. Silver, as a commodity, could also get back down to 2 or 3 bucks an ounce in which case, silver coins, in general, will lose value.</p><p><br /></p><p>The Collecting of Modern Proof coins, whether they are silver or not, should be based upon numismatic interest and NOT investment potential. For that matter, "COINS" should never be considered for "investment potential" since a majority of coins are actually "investment losers". Just ask anybody that paid $50 for a raw 1950D Nickel or $30 for a 1970 US Mint Set or worse yet $200 for a 1973-S Silver Eisenhower Proof. At one time, these coins were in fact selling for those amounts under the veil of being "Limited".</p><p><br /></p><p>As for your comment about the 300,000 plastic holders, I believe that the US Mint has already stated that the reason the 2014 Sets were not available until 2015 was because the could not secure the correct packaging.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2130012, member: 15929"]Andrew, understand that the coins within these limited edition silver proof sets will NEVER show any marked investment potential. They could very well be losers in 50 years. Matter of fact, since 1968, proof coins in general have ALL lost value with the sole exception of the price of Silver. Silver, as a commodity, could also get back down to 2 or 3 bucks an ounce in which case, silver coins, in general, will lose value. The Collecting of Modern Proof coins, whether they are silver or not, should be based upon numismatic interest and NOT investment potential. For that matter, "COINS" should never be considered for "investment potential" since a majority of coins are actually "investment losers". Just ask anybody that paid $50 for a raw 1950D Nickel or $30 for a 1970 US Mint Set or worse yet $200 for a 1973-S Silver Eisenhower Proof. At one time, these coins were in fact selling for those amounts under the veil of being "Limited". As for your comment about the 300,000 plastic holders, I believe that the US Mint has already stated that the reason the 2014 Sets were not available until 2015 was because the could not secure the correct packaging.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
2014 Limited Edition Proof Set - "Does another scratch up job"
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...