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How should I handle modern "investment coins" from the US Mint
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<p>[QUOTE="19Lyds, post: 2282706, member: 15929"]Absolutely!</p><p><br /></p><p>Instead......waste your money on Classic collectible Coins! I did..........you can to!</p><p><br /></p><p>[ATTACH=full]456449[/ATTACH]</p><p><br /></p><p><br /></p><p>The reality of the situation is that money CAN be made in the Modern Coin Arena.</p><p><br /></p><p>BUT</p><p><br /></p><p>It takes knowledge, money, guts, a venue for selling, buyers who believe in YOU, and persistence.</p><p><br /></p><p>Very few US Mint products over the past 15 years have had sustained aftermarket prices. Those that have, are long gone for "new folks". What this means is that those 1998 Kennedy Special Mint Set coins "were" a good investment purchase when they were initially sold but are now "NOT" a good investment since it's doubtful that prices will ever go up to what the "were" when they were hot.</p><p><br /></p><p>99% of US Mint Proof and Uncirculated sets are currently available for LESS than what they originally sold for and you CANNOT take that to the bank.</p><p><br /></p><p>To handle Modern Coin "investment Coins" from the US Mint, you have to dump them as quickly as possible "when the market is hot" because if you don't, then you'll be stuck holding a plastic bag of ice cubes on a 98 degree day. The longer you hold onto that bag, the few ice cubes you'll have.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2282706, member: 15929"]Absolutely! Instead......waste your money on Classic collectible Coins! I did..........you can to! [ATTACH=full]456449[/ATTACH] The reality of the situation is that money CAN be made in the Modern Coin Arena. BUT It takes knowledge, money, guts, a venue for selling, buyers who believe in YOU, and persistence. Very few US Mint products over the past 15 years have had sustained aftermarket prices. Those that have, are long gone for "new folks". What this means is that those 1998 Kennedy Special Mint Set coins "were" a good investment purchase when they were initially sold but are now "NOT" a good investment since it's doubtful that prices will ever go up to what the "were" when they were hot. 99% of US Mint Proof and Uncirculated sets are currently available for LESS than what they originally sold for and you CANNOT take that to the bank. To handle Modern Coin "investment Coins" from the US Mint, you have to dump them as quickly as possible "when the market is hot" because if you don't, then you'll be stuck holding a plastic bag of ice cubes on a 98 degree day. The longer you hold onto that bag, the few ice cubes you'll have.[/QUOTE]
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How should I handle modern "investment coins" from the US Mint
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