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Breaking open perfectly good proof sets
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<p>[QUOTE="claycad, post: 1172730, member: 17987"]I at one time wanted to get proof sets from every year, but decided against it. After looking at the redbook prices for proofs I realized that it wasn't profitable even though I didn't start collecting as a business and never plan on selling any coins I have ever purchased, but having peace of mind that I would turn a profit if I had to sell in desperation doesn't hurt. I do collect proof sets of the state quarters and now the national parks but I go for the silver proof sets so they may actually increase in monetary value. I do the presidential dollars too, not sure why as I know they won't ever be worth more than I paid for them either, but I like them and they don't break the bank. </p><p><br /></p><p>Another thing I notice, and maybe this is a little vein, but I like to show my collection off. Most people I know know nothing about collecting coins. WHen I show my collection to a novice they are much more fascinated by my older coins. My Morgans, my Indian Heads, my Mercury Dimes etc. And I only have mostly low grades of those coins, but I find novices find low grade coins that are over 100 years old much more interesting than shiny proofs that are only a few decades old. Honestly I do as well. There is something nostalgic about seeing an old date on a coin, no matter what condition it is in.[/QUOTE]</p><p><br /></p>
[QUOTE="claycad, post: 1172730, member: 17987"]I at one time wanted to get proof sets from every year, but decided against it. After looking at the redbook prices for proofs I realized that it wasn't profitable even though I didn't start collecting as a business and never plan on selling any coins I have ever purchased, but having peace of mind that I would turn a profit if I had to sell in desperation doesn't hurt. I do collect proof sets of the state quarters and now the national parks but I go for the silver proof sets so they may actually increase in monetary value. I do the presidential dollars too, not sure why as I know they won't ever be worth more than I paid for them either, but I like them and they don't break the bank. Another thing I notice, and maybe this is a little vein, but I like to show my collection off. Most people I know know nothing about collecting coins. WHen I show my collection to a novice they are much more fascinated by my older coins. My Morgans, my Indian Heads, my Mercury Dimes etc. And I only have mostly low grades of those coins, but I find novices find low grade coins that are over 100 years old much more interesting than shiny proofs that are only a few decades old. Honestly I do as well. There is something nostalgic about seeing an old date on a coin, no matter what condition it is in.[/QUOTE]
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