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<p>[QUOTE="Juan Blanco, post: 1568171, member: 41665"]I'm not actually "down" on modern coins or collecting, per se. Rather, my issue is <i>simply </i>the false hyperbole ("FREE MONEY") and very poor counsel (implied "great investment"!) To go even further, I don't even believe SILVER or Gold are great "investments" (because that word has a specific meaning, and there's a semantic debate.) And I can still be called 'PM bullish.'</p><p><br /></p><p><br /></p><p><br /></p><p>Going off the original price of Ag BULLION, you'd have <b>alot more value in Silver bullion </b>than that 1999 set for $32. Back in 1999 (assuming you paid a hefty 22% premium on bullion) $32. bought you 5 Ounces Troy Ag. In Late 2012, that Pure Silver bullion would be worth ~ $150. Meanwhile the 1999 Silver Mint Set sells $75. - $85. on eBay. That's a huge difference, and the Mint Set Seller is barely breaking even after fees nevermind opportunity cost. Ouch! It stands to reason, quite simply, that Mint Sets have been a terrible <i>alternative choice</i> as an investment, in fact. </p><p><br /></p><p>I've already debunked the incorrect (very wrong) idea that 2011 Mint Set is today worth more than Mint retail. Sorry, proof is in the numbers - not make-believe.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1568171, member: 41665"]I'm not actually "down" on modern coins or collecting, per se. Rather, my issue is [I]simply [/I]the false hyperbole ("FREE MONEY") and very poor counsel (implied "great investment"!) To go even further, I don't even believe SILVER or Gold are great "investments" (because that word has a specific meaning, and there's a semantic debate.) And I can still be called 'PM bullish.' Going off the original price of Ag BULLION, you'd have [B]alot more value in Silver bullion [/B]than that 1999 set for $32. Back in 1999 (assuming you paid a hefty 22% premium on bullion) $32. bought you 5 Ounces Troy Ag. In Late 2012, that Pure Silver bullion would be worth ~ $150. Meanwhile the 1999 Silver Mint Set sells $75. - $85. on eBay. That's a huge difference, and the Mint Set Seller is barely breaking even after fees nevermind opportunity cost. Ouch! It stands to reason, quite simply, that Mint Sets have been a terrible [I]alternative choice[/I] as an investment, in fact. I've already debunked the incorrect (very wrong) idea that 2011 Mint Set is today worth more than Mint retail. Sorry, proof is in the numbers - not make-believe.[/QUOTE]
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