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<p>[QUOTE=&quot;cpm9ball, post: 1294808, member: 24633&quot;]So, you spent $7800 on the set, and you don&#039;t even know if that was a fair price. I&#039;m not trying to put you down, Phil, but I am trying to give you a wake-up call. You should really try to learn a little more about the bullion coin market before you start paying that kind of money. Fortunately, they are authentic and are graded by one of the top two services in the industry! Granted, you got them for a reasonable price, but since you can&#039;t tell the difference between a PF69 &amp; PF70, you could have saved yourself at least $2K by purchasing a set of PF69.</p><p><br /></p><p>This is where having an understanding of the bullion coin market as it applies to modern coinage is so important. I did a quick check of the NGC Census, and here are the results:</p><p><br /></p><p>2008-W G$5: PF69UC - 1956; PF70UC - 3929</p><p>2008-W G$10: PF69UC - 804; PF70UC - 2856</p><p>2008-W G$25: PF69UC - 1116; PF70UC - 2880</p><p>2008-W G$50: PF69UC - 1085; PF70UC - 2808</p><p><br /></p><p>As you can see from these figures, the PF70&#039;s outnumber the PF69&#039;s by a wide margin, so rarity shouldn&#039;t even be considered. All they are is a fancy version of bullion, and bullion doesn&#039;t follow the demands of the numismatic market as you would find for 19th and early 20th century gold coins.</p><p><br /></p><p>Here is a perfect example for you to consider. In 1995, the Mint issued a 4-coin proof gold set that included a bonus coin, a 1995-W Silver American Eagle Proof Dollar. They only produced 30,125 of these coins, and by the time that most Silver American Eagle collectors learned of it&#039;s existence, it was too late because the set sold out. This was the first time that the Mint put the West Point mintmark on any silver bullion coin, and by about 2005, it was selling for as much as $7K in PF70UC. Keep in mind that the price of silver has increased seven-fold since then, but dealers today are having a hard time trying to sell this coin for $3K. As a rule, the people who come out winners in this kind of market are the ones who buy early, buy in quantity, submit them for grading and sell fast while the feeding frenzy is still at full strength.</p><p><br /></p><p>Of course, everyone has dreams of owning gold, but paying those prices for modern bullion is, in my opinion, not the best use of your money. If you like having the gold Buff&#039;s, buy the 69&#039;s and save yourself $2K+. </p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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