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25th Anniversary Silver Eagle Set PRICE WATCH
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<p>[QUOTE="JBK, post: 1377003, member: 1101"]I sold a sealed box of 5 sets to a "local" dealer (had to drive a little over an hour to get there) yesterday for $3600. I saw them going on eBay for around $4200 so I figured it was almost a wash with the fees. I think these sets have a lot of long-term upward potential, but I did not want to be too greedy so I decided to take the money and run. (These were actually a friend's box so we still have my 5 - we will each take two sets and then sell off the fifth set in pieces, since the wooden display case was in smashed into pieces during shipment) .</p><p><br /></p><p>The funny thing is, this dealer had no intention of holding onto the coins - he was going to flip them to someone else, with both of them making a profit. So, for those who say that it is all hype, you will have a hard time convincing me once the check clears. I did also see the other side of collecting modern coins, though - he sold me four 1980 proof sets I needed for a project for THREE DOLLARS each! (These have $1.91 face value in them). He gets them in when he buys large collections and then just dumps them to other dealers when he builds up a supply. </p><p><br /></p><p>By the way - I am not sure that many coin collectors advertise their hobby to strangers or even to friends. There are probably more out there than some people might think. The market for Silver Eagles seems solid to me, even if other modern issues have mixed track records.[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 1377003, member: 1101"]I sold a sealed box of 5 sets to a "local" dealer (had to drive a little over an hour to get there) yesterday for $3600. I saw them going on eBay for around $4200 so I figured it was almost a wash with the fees. I think these sets have a lot of long-term upward potential, but I did not want to be too greedy so I decided to take the money and run. (These were actually a friend's box so we still have my 5 - we will each take two sets and then sell off the fifth set in pieces, since the wooden display case was in smashed into pieces during shipment) . The funny thing is, this dealer had no intention of holding onto the coins - he was going to flip them to someone else, with both of them making a profit. So, for those who say that it is all hype, you will have a hard time convincing me once the check clears. I did also see the other side of collecting modern coins, though - he sold me four 1980 proof sets I needed for a project for THREE DOLLARS each! (These have $1.91 face value in them). He gets them in when he buys large collections and then just dumps them to other dealers when he builds up a supply. By the way - I am not sure that many coin collectors advertise their hobby to strangers or even to friends. There are probably more out there than some people might think. The market for Silver Eagles seems solid to me, even if other modern issues have mixed track records.[/QUOTE]
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25th Anniversary Silver Eagle Set PRICE WATCH
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