Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Free Money!
>
Reply to Thread
Message:
<p>[QUOTE="AlexN2coins2004, post: 1567719, member: 19049"]I think your forgetting a few things </p><p>like the fact that some of the sets on ebay are less then top quality...there are people out </p><p>there that make it a business...they buy say 2,000 sets</p><p>they check the sets for high grade coins such as PF70 and make most their money that way...so </p><p>if they sell remaining sets for a bit less then cost it all works out in the end</p><p>I know there are other better ways to make money but it's what they decide to do and it works for them.</p><p><br /></p><p><br /></p><p>Also you do know that the recession hit millions of people pretty hard. Less money for all and </p><p>for alot of people they barely have enough money to just live on to pay the rent/house payment, </p><p>car possibly, food and heat and energy...so buying coins isn't exactly a priority...it's the </p><p>main reason that mintages for proofs and other coins are fairly low in relation to what other </p><p>past sets are...</p><p><br /></p><p>I know it's easy to get down on modern coins and say they are all crap and way over </p><p>minted...but really if your looking at it all as a sole purpose of investment your probably </p><p>gonna lose out at least short term if you need to sell...as for say a decade or 2 down the road </p><p>it's very possible that some of these "crap" sets are going to go up in price ALOT like the </p><p>1999 silver proof set did when it was $200...and yes it's alot lower now but as stated above </p><p>the economy isn't in good condition...high unemployment...you need food and housing more then </p><p>some collectable coins if you don't have a cash flow</p><p><br /></p><p>Also if you read what I wrote in a past posting...going off the original mint price of $31.95 </p><p>or even the present price of a silver proof set being $67.95... the 1999 proof set is still </p><p>"FREE MONEY":hail:[/QUOTE]</p><p><br /></p>
[QUOTE="AlexN2coins2004, post: 1567719, member: 19049"]I think your forgetting a few things like the fact that some of the sets on ebay are less then top quality...there are people out there that make it a business...they buy say 2,000 sets they check the sets for high grade coins such as PF70 and make most their money that way...so if they sell remaining sets for a bit less then cost it all works out in the end I know there are other better ways to make money but it's what they decide to do and it works for them. Also you do know that the recession hit millions of people pretty hard. Less money for all and for alot of people they barely have enough money to just live on to pay the rent/house payment, car possibly, food and heat and energy...so buying coins isn't exactly a priority...it's the main reason that mintages for proofs and other coins are fairly low in relation to what other past sets are... I know it's easy to get down on modern coins and say they are all crap and way over minted...but really if your looking at it all as a sole purpose of investment your probably gonna lose out at least short term if you need to sell...as for say a decade or 2 down the road it's very possible that some of these "crap" sets are going to go up in price ALOT like the 1999 silver proof set did when it was $200...and yes it's alot lower now but as stated above the economy isn't in good condition...high unemployment...you need food and housing more then some collectable coins if you don't have a cash flow Also if you read what I wrote in a past posting...going off the original mint price of $31.95 or even the present price of a silver proof set being $67.95... the 1999 proof set is still "FREE MONEY":hail:[/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...