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<p>[QUOTE="stldanceartist, post: 8148162, member: 13307"]Investment? </p><p><br /></p><p>I think I'll echo the sentiments of others when I say that I don't see any common modern US Mint/Proof Sets accumulating too much extra value in my lifetime. </p><p><br /></p><p>Maybe if you could find really nice original 1964 and earlier Silver Proof Sets or Double Mint Sets...but not only are they going to set you back at least $25/set (much, much more for the DMS or early 1950's sets) they'll take up a bunch of space - plus you'll have to worry about environmental damage. And even then the value of the sets might just depend on the condition of the coins inside (any Top Pops, cameos, toners or die varieties?)</p><p><br /></p><p>Now, if you want to buy Proof/Mint sets to cherrypick for die varieties, mint errors, toners, cameos or high grade specimens...and use that money to fund other areas of your collection, that's another thing. But that's going to take a lot of time (both in learning what to look for and in actually looking through the coins) and will still require you to know which coins to submit, which to save, etc. Then you'll need to find a way to unload all the extra sets/loose coins once you've gone through them.</p><p><br /></p><p>I suppose it all depends on what you can buy them at. I wouldn't turn down any proof/mint sets at face value because I know I'd have a blast looking through them and I couldn't really lose money on the deal...but buying them at retail? No thanks unless I already know there's something in there really worth paying up for. </p><p><br /></p><p>FWIW, most coin shops I know turn up their noses at most large groups of proof/mint sets, especially the 70's-90's years, because they already have enough in stock for the one or two people who come in looking to buy them, so if you do want to sell something like that you'll need to have another plan ready to go.</p><p><br /></p><p>I think you could find plenty of other things to buy that would be a better investment. Unless you can get them for free or face value.[/QUOTE]</p><p><br /></p>
[QUOTE="stldanceartist, post: 8148162, member: 13307"]Investment? I think I'll echo the sentiments of others when I say that I don't see any common modern US Mint/Proof Sets accumulating too much extra value in my lifetime. Maybe if you could find really nice original 1964 and earlier Silver Proof Sets or Double Mint Sets...but not only are they going to set you back at least $25/set (much, much more for the DMS or early 1950's sets) they'll take up a bunch of space - plus you'll have to worry about environmental damage. And even then the value of the sets might just depend on the condition of the coins inside (any Top Pops, cameos, toners or die varieties?) Now, if you want to buy Proof/Mint sets to cherrypick for die varieties, mint errors, toners, cameos or high grade specimens...and use that money to fund other areas of your collection, that's another thing. But that's going to take a lot of time (both in learning what to look for and in actually looking through the coins) and will still require you to know which coins to submit, which to save, etc. Then you'll need to find a way to unload all the extra sets/loose coins once you've gone through them. I suppose it all depends on what you can buy them at. I wouldn't turn down any proof/mint sets at face value because I know I'd have a blast looking through them and I couldn't really lose money on the deal...but buying them at retail? No thanks unless I already know there's something in there really worth paying up for. FWIW, most coin shops I know turn up their noses at most large groups of proof/mint sets, especially the 70's-90's years, because they already have enough in stock for the one or two people who come in looking to buy them, so if you do want to sell something like that you'll need to have another plan ready to go. I think you could find plenty of other things to buy that would be a better investment. Unless you can get them for free or face value.[/QUOTE]
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