There are a lot of these on ebay now. Some graded as such that are 10 to 20 years old really increase in value, into the 10's of thousands. I have googled and looked about, and the obvious supply and demand and some are just popular, regardless of number minted. Such as anything minted in the year 2,000. Is there a discussion about new coins of this grade and peoples view of the future for them? I just purchased this one (Early Release, West Point, NGC PF70) from ebay a few minutes ago and have purchased quite number of them recently. No crystal ball, but they are very nice to look at!
Most likely no one is responding because there already has been threads pages long posted on this coin set. Someone is even keeping tabs on high and low sell prices. I have two sets. One open and one unopened. Both of them have all 70's.
Well I;ve got some thoughts! My first thought is that this particular PF70 coin, simply is not that attractive from the manufacturing standpoint. They might was well simply "paint" the cameo on or perhaps heat "sinter" it into place. I simply am not a fan of this last "short cut" taken by the US Mint of laser dippling instead of acid etching the devices of these collector coins. It chews up any possible detail which might exist and totally ruins the design. Will these have a future in 20 or 30 years? I'm of the opinion that they will not regardless of what the TPG's call them and anybody that is paying a premium for these will find out, in 10 or 20 years, that they totally wasted their money. But that's just my opinion.
Hope the 2015 Reverse Cameo PF70 dime at least holds its value. Must admit, the U-Cameo FDR $1 looks lame against the 2015 burnished MS70 Eagle. I must do some research on the techniques the mints are using to produce these. Answers will be revealed then I'm sure.
I do like the look of some of them very much. But looks like they spend little effort on others, like the FDR coin above. Looks like a computer set to a certain pattern.
I love reverse proofs. I bought the Roosie set just so I could have the reverse proof. I'll be buying the Presidential reverse proofs as well. I have all the ASE reverse proof too. I might have overpaid for some of the ASE reverse proofs, but I really don't give a rip. I'm in it to build a collection of coins that I think are cool. Disclaimer is that I don't think the ASE's are really coins, but bullion pieces. It's just easier to type coin. I bought all 9 of the Perth Mint Year of the Dragon colored bullion pieces. I think they are just very cool looking. @jmccarty , determine what you want from your collection and then build it accordingly. In general, I hope my entire collection holds it's value over the years. I think some will appreciate (some already have) and some will depreciate as well. In the meantime, have a blast hunting down coins/series that have some meaning for you, with eye appeal that you enjoy. Don't sweat the small stuff.
Normally, I would agree with this advice but from the original post, it appears as if jmccarty is building a "hoard" of multiple versions of the coin. Not a good idea IMO. Of course, when we're all dead and our collections pass on to whomever, they won't give squat diddley what was paid for the coin. They'll only care about what it returns to them. In that time and primarily due to the low prices achieved, PF70 may not hold the supposed reverence that it does today and those paying silly premiums for what could be considered quite common both in coin and grade. This also doesn't address the potential for spotting which a lot of the US Mints "collector" products have a tendency to do. Collect what you want but don't expect folks to get all giddy when you overpay for something.
@19Lyds , agree with your assessment. Today, '70's garner a premium, but you're right. Who know's what it will be like 5 years from now, let alone 20. As for collecting multiple '70's of the Roosie March of Dimes commem, or any coins from that series in hopes they will become an investment vehicle I think is a mistake as well. What I wanted him to determine for himself is whether he wanted to build a collection or becoming a dealer/vest pocket/flipper. Once he decides that, more detailed advice can be given. Until you know where you want to go, you can't plan a route.
Good food for thought. I like the idea of finding or collecting one at a time, full sets of 1936 to 1952 mint proofs. I expect this would be hard or impossible to find if looking for all in PF69 state. So, maybe aiming for PF65 or 66 would be obtainable? That would be excluding the 1936 CAM coins!
Just "aiming" for the Proof Coins is good enough IMO. After that, if selectivity can be worked into the collection, then great. However, even with those coins, a certain loss should be expected. Being a moderns collector, 2 years ago I decided to pick up a relatively common classic coin at the going rate. An AU55 1955/55 DDO Lincoln, which is a coin on everybody's list, set me back $2250. Prices began plummeting after that and the dealer I bought it from has no interest in it. Even with a $450 loss on my end. The entire point being, if you want to be a coin dealer, then do NOT buy retail and do NOT buy at close to market unless the market is fireball RED HOT with prices climbing on a daily basis. If you want to be a collector, then buy at as lowest possible price as can be found and be done with it. If you buy multiples...........you'll end up getting stuck somewhere along the line.
It's about 5 years later. I stopped buying in 2017 and have not sold anything. I'm going to start looking at buying again but in no hurry.
