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<p>[QUOTE="JPeace$, post: 2387048, member: 42727"]I agree with much of the sentiment. This does not strike me as a good "money maker". The people purchasing these state quarter / national parks sets are typically buying from "marketing machines" like the Danbury Mint. They have nice display cases, and other forms of presenting the coins, pre-printed story boards, binders, etc.... For your parents to be able to break into that market, they're going to need to spend a lot more than what I believe they'll be able to earn.</p><p><br /></p><p>IMO, they're spending an awful lot of money on coins that are being struck in the 10's of millions. There will be no scarcity or rarity for these coins. So the only other thing that will make them valuable is condition: perfect 70's. Who knows how long the market for MS70's will last.</p><p><br /></p><p>I'm skipping through much of the details of my thought process, trying to only hit the highlights. Essentially, if your parents are trying to put money away as an investment, they'd do much better putting it in an S&P 500 index fund.</p><p><br /></p><p>I just don't see how they're going to make much if any profit with their plan.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 2387048, member: 42727"]I agree with much of the sentiment. This does not strike me as a good "money maker". The people purchasing these state quarter / national parks sets are typically buying from "marketing machines" like the Danbury Mint. They have nice display cases, and other forms of presenting the coins, pre-printed story boards, binders, etc.... For your parents to be able to break into that market, they're going to need to spend a lot more than what I believe they'll be able to earn. IMO, they're spending an awful lot of money on coins that are being struck in the 10's of millions. There will be no scarcity or rarity for these coins. So the only other thing that will make them valuable is condition: perfect 70's. Who knows how long the market for MS70's will last. I'm skipping through much of the details of my thought process, trying to only hit the highlights. Essentially, if your parents are trying to put money away as an investment, they'd do much better putting it in an S&P 500 index fund. I just don't see how they're going to make much if any profit with their plan.[/QUOTE]
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