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<p>[QUOTE="19Lyds, post: 1172715, member: 15929"]As a side note, and this is aimed at new collectors, back in the day, I made a commitment to purchase at least three of each US Mint Proof and Uncirculated coin sets. It was a collection goal which I stuck too.</p><p> </p><p>Today, I look at the amount of space that such a collection takes up. I think back on the personal stress about safe gurading the collection. Safety Deposit boxes are out of the question since all these sets would easily consume 3 Large Boxes (10x10) at $200 ea per year.</p><p> </p><p>I also look at the ready availability of virtually every set and they are as common as wild flowers. Should I ever need a particular set, its just a question of finding the right price.</p><p> </p><p>As such, having a collection this large just doesn't make any sense to me. Especially after seeing that the prices I paid are more than likely the MOST each set will ever be worth.</p><p> </p><p>On eBay, I recently sold an entire run of US Mint Sets (1965 through 2010) for $293 in open bidding.</p><p> </p><p>A run of Proof Sets from 1965 through 2006 recently sold for $237.51.</p><p> </p><p>I can guarantee you that I paid way more than that for each of those sales.</p><p> </p><p>Now, if folks want to collect a run of proof sets, understand that it's not a profitable venture and understand that as you get deeper into collecting, your priorities may possibly change. I know that mine have and I look back at all the advice I've ever read and wonder why I just did not understand it the way I do today.</p><p> </p><p>As for "original" packaging, proof sets or coins from 100 years ago may command a certain premium for original packaging because folsk didn't set them aside. Today, its uncommon to find a proof set WITHOUT its original packaging so I doubt that the originality of the packaging will have anything to do with the value of sets saved over the next 50 years when some of you collectors will be thinking of selling out and retiring.</p><p> </p><p>Come to think it, nice original 1968-S Proof sets in the original unopened US Mint shipping boxes can be had for as little ar $25 each so there has been little upward movement in the past 43 years. </p><p> </p><p>Why? </p><p> </p><p>Simple, they made 3,041,506 of them whereas they only made 51,386 proof sets for 1950![/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1172715, member: 15929"]As a side note, and this is aimed at new collectors, back in the day, I made a commitment to purchase at least three of each US Mint Proof and Uncirculated coin sets. It was a collection goal which I stuck too. Today, I look at the amount of space that such a collection takes up. I think back on the personal stress about safe gurading the collection. Safety Deposit boxes are out of the question since all these sets would easily consume 3 Large Boxes (10x10) at $200 ea per year. I also look at the ready availability of virtually every set and they are as common as wild flowers. Should I ever need a particular set, its just a question of finding the right price. As such, having a collection this large just doesn't make any sense to me. Especially after seeing that the prices I paid are more than likely the MOST each set will ever be worth. On eBay, I recently sold an entire run of US Mint Sets (1965 through 2010) for $293 in open bidding. A run of Proof Sets from 1965 through 2006 recently sold for $237.51. I can guarantee you that I paid way more than that for each of those sales. Now, if folks want to collect a run of proof sets, understand that it's not a profitable venture and understand that as you get deeper into collecting, your priorities may possibly change. I know that mine have and I look back at all the advice I've ever read and wonder why I just did not understand it the way I do today. As for "original" packaging, proof sets or coins from 100 years ago may command a certain premium for original packaging because folsk didn't set them aside. Today, its uncommon to find a proof set WITHOUT its original packaging so I doubt that the originality of the packaging will have anything to do with the value of sets saved over the next 50 years when some of you collectors will be thinking of selling out and retiring. Come to think it, nice original 1968-S Proof sets in the original unopened US Mint shipping boxes can be had for as little ar $25 each so there has been little upward movement in the past 43 years. Why? Simple, they made 3,041,506 of them whereas they only made 51,386 proof sets for 1950![/QUOTE]
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