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<p>[QUOTE="desertgem, post: 620937, member: 15199"]It appears that 85 out of 296 graded were PF70DC or almost 1/3. What should be noted here is that if you can buy below melt, then there isn't much collector interest in this group of coins, basically it is a bullion coin. Any increase in value will almost likely be due to a corresponding increase in the metal value. Unfortunately, the populations ( graded or raw) do not always directly relate to the value. For example compare the early lincoln MS cents with the drastically lower numbered matte proofs. The main reason is the tremendous collector population for those MS coins compared to those collecting the matte proofs. The PF70DC coins today are due to the enhanced ability of the mint, and since most are 68,69,70 these days, it is equivalent to proofs decades ago at PF63,64,65 in my opinion.</p><p><br /></p><p>In the 60s-70s, many went through the "mint set" mania, buying hundreds of mint sets for resell in their retirement. Now most of those are selling below the purchase price. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 620937, member: 15199"]It appears that 85 out of 296 graded were PF70DC or almost 1/3. What should be noted here is that if you can buy below melt, then there isn't much collector interest in this group of coins, basically it is a bullion coin. Any increase in value will almost likely be due to a corresponding increase in the metal value. Unfortunately, the populations ( graded or raw) do not always directly relate to the value. For example compare the early lincoln MS cents with the drastically lower numbered matte proofs. The main reason is the tremendous collector population for those MS coins compared to those collecting the matte proofs. The PF70DC coins today are due to the enhanced ability of the mint, and since most are 68,69,70 these days, it is equivalent to proofs decades ago at PF63,64,65 in my opinion. In the 60s-70s, many went through the "mint set" mania, buying hundreds of mint sets for resell in their retirement. Now most of those are selling below the purchase price. Jim[/QUOTE]
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