Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Free Money!
>
Reply to Thread
Message:
<p>[QUOTE="yakpoo, post: 1353549, member: 18157"]Welcome to CT, Callaway! :hail: (Personally, I'm a <i><b>Titleist </b></i>man, but I guess that's a point where we can "agree to disagree! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />)</p><p><br /></p><p>As for your other point...<i><b>you hit the nail on the head! </b></i>When the thread began, the price of the silver and face value of the non-silver coins were nearly equal to the cost of the sets...and silver was heading higher. When you factor in the cost of the original Government packaging, the Mint was selling the sets at a loss.</p><p><br /></p><p>The US Mint was shifting their production schedule from beginning in August to beginning in January. That meant that the 2010 and 2011 Silver Proof sets would be on sale at the same time...competing for the same $$$. Couple that with the soft economy and you get 2010 Silver Proof sets with the lowest mintage of any modern era Silver Proof set...by almost 100,000 less!! The 2011 Silver Proof sets could be even lower. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>True, nearly every coin in the set can be found in other sets...making the Silver Proof set sales numbers not equal to the actual mintage of those coins. However, that's not true for the Silver Proof Kennedy Half dollar and the Roosevelt Dime. Those coins can only be found in the Silver Proof sets...making the Silver Proof Kennedy Half the new <i><b>KEY DATE </b></i>of that series. Only Silver Proof Roosevelt Dimes from 1950-1955 are lower.</p><p><br /></p><p>So...what does this all mean? It means that if you're a Silver Bullion collector/investor, <i><b>there's no better investment in the white metal than 2010/2011 Silver Proof sets </b></i>when you can get them near the current melt price (minus the non-silver coins). The addition of the potential numismatic "upside" is <font face="comic sans ms"><i><b><span style="color: #FF0000"><font size="5">FREE MONEY!!!</font></span></b></i> </font>:hail:</p><p><br /></p><p>Keep in mind...you probably won't realize much numismatic upside until the economy turns around...but be patient. If you can find 2010 or 2011 Silver Proof sets for sale at $42/set (S&H included)...when silver is $32.25/Oz...You would be a fool not to jump on it!</p><p><br /></p><p>1,23 Oz of silver X $32.25/Oz + $5.06 in other coins = $44.75</p><p><br /></p><p><font size="3">That's<i><b> $2.75</b></i> of <span style="color: #ff0000"><i><b>FREE MONEY</b></i></span> with just the silver! On top of that, you're not just getting a silly block of bullion; you're getting artistically crafted, nicely packaged, unsearched, <i><b>US Government issued </b></i><span style="color: #ff0000"><i><b>KEY DATE </b></i></span><i><b>coins!! </b></i></font><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><font size="3"><i><b>EDIT: </b></i>Sorry...I was thinking about 1960's era Silver (P&D) Mint sets. The correct calculation for 2010/2011 Silver Proof sets is...</font></p><p><font size="3"><br /></font></p><p><font size="3">1.34 Oz of silver X $32.25/Oz + $5.06 in other coins = <b>$48.25</b> ...<i>better still! </i><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></font></p><p><br /></p><p><font size="3"><i><b>That's $6.25 of <span style="color: #ff0000">FREE MONEY!! </span></b></i></font>:hail:</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><font size="3"><br /></font></p><p><font size="3"></font>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1353549, member: 18157"]Welcome to CT, Callaway! :hail: (Personally, I'm a [I][B]Titleist [/B][/I]man, but I guess that's a point where we can "agree to disagree! :D) As for your other point...[I][B]you hit the nail on the head! [/B][/I]When the thread began, the price of the silver and face value of the non-silver coins were nearly equal to the cost of the sets...and silver was heading higher. When you factor in the cost of the original Government packaging, the Mint was selling the sets at a loss. The US Mint was shifting their production schedule from beginning in August to beginning in January. That meant that the 2010 and 2011 Silver Proof sets would be on sale at the same time...competing for the same $$$. Couple that with the soft economy and you get 2010 Silver Proof sets with the lowest mintage of any modern era Silver Proof set...by almost 100,000 less!! The 2011 Silver Proof sets could be even lower. :eek: True, nearly every coin in the set can be found in other sets...making the Silver Proof set sales numbers not equal to the actual mintage of those coins. However, that's not true for the Silver Proof Kennedy Half dollar and the Roosevelt Dime. Those coins can only be found in the Silver Proof sets...making the Silver Proof Kennedy Half the new [I][B]KEY DATE [/B][/I]of that series. Only Silver Proof Roosevelt Dimes from 1950-1955 are lower. So...what does this all mean? It means that if you're a Silver Bullion collector/investor, [I][B]there's no better investment in the white metal than 2010/2011 Silver Proof sets [/B][/I]when you can get them near the current melt price (minus the non-silver coins). The addition of the potential numismatic "upside" is [FONT=comic sans ms][I][B][COLOR=#FF0000][SIZE=5]FREE MONEY!!![/SIZE][/COLOR][/B][/I] [/FONT]:hail: Keep in mind...you probably won't realize much numismatic upside until the economy turns around...but be patient. If you can find 2010 or 2011 Silver Proof sets for sale at $42/set (S&H included)...when silver is $32.25/Oz...You would be a fool not to jump on it! 1,23 Oz of silver X $32.25/Oz + $5.06 in other coins = $44.75 [SIZE=3]That's[I][B] $2.75[/B][/I] of [COLOR=#ff0000][I][B]FREE MONEY[/B][/I][/COLOR] with just the silver! On top of that, you're not just getting a silly block of bullion; you're getting artistically crafted, nicely packaged, unsearched, [I][B]US Government issued [/B][/I][COLOR=#ff0000][I][B]KEY DATE [/B][/I][/COLOR][I][B]coins!! [/B][/I][/SIZE]:cool: [SIZE=3][I][B]EDIT: [/B][/I]Sorry...I was thinking about 1960's era Silver (P&D) Mint sets. The correct calculation for 2010/2011 Silver Proof sets is... 1.34 Oz of silver X $32.25/Oz + $5.06 in other coins = [B]$48.25[/B] ...[I]better still! [/I];)[/SIZE] [SIZE=3][I][B]That's $6.25 of [COLOR=#ff0000]FREE MONEY!! [/COLOR][/B][/I][/SIZE]:hail: [SIZE=3] [/SIZE][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Free Money!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...