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<p>[QUOTE="The Penny Lady®, post: 634675, member: 16948"]Hey guys, thanks for the compliements on my coins, I really appreciate it (by the way, I currently have 9 MPL's). As you can see, I really like toned coins. But I wanted to add my thoughts on MPL's. The mintage of MPL's is so amazingly low and I truly believe these coins are a "sleeper" and will continue to gain value. </p><p><br /></p><p>I disagree with GDJMSP and I agree with Mikenoodle. What a coin is worth is not cut and dried. It is based on a number of factors - past sales, as well as the quality of a coin, mintage figures, AND what one is willing to pay. Pricing guides are only a starting point. And IMO, the pricing guides on MPL's are very behind on what nice MPL's actually sell for - just check out the past auction prices. But even those can be skewed if the coin was ugly or amazingly gorgeous. To me eye appeal is everything when buying a coin, and especially when buying one of these beauties. If you're going to spend big money and invest in an MPL, make sure the coin (and this goes for any coin IMO) has good eye appeal and no problems. I personally do not like spots, especially ones that are visible to the naked eye (like the one in your photo), and particularly not on proofs - most people want pristine proofs. However, even though you will be able to get a good deal on an MPL that has "issues" because they are hard to sell, doesn't mean you should buy it just because it's a "good deal." </p><p><br /></p><p>So my advice is to look for an MPL that appeals to you, that you think is attractive, that makes you say "wow," and if you have to pay a little more than you expected, it will be worth it because you will be much more happy with an attractive coin, than one with problems - and most likely, even after you've had it for a few years, you won't feel the need to "upgrade" a good quality, attractive pristine coin.[/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 634675, member: 16948"]Hey guys, thanks for the compliements on my coins, I really appreciate it (by the way, I currently have 9 MPL's). As you can see, I really like toned coins. But I wanted to add my thoughts on MPL's. The mintage of MPL's is so amazingly low and I truly believe these coins are a "sleeper" and will continue to gain value. I disagree with GDJMSP and I agree with Mikenoodle. What a coin is worth is not cut and dried. It is based on a number of factors - past sales, as well as the quality of a coin, mintage figures, AND what one is willing to pay. Pricing guides are only a starting point. And IMO, the pricing guides on MPL's are very behind on what nice MPL's actually sell for - just check out the past auction prices. But even those can be skewed if the coin was ugly or amazingly gorgeous. To me eye appeal is everything when buying a coin, and especially when buying one of these beauties. If you're going to spend big money and invest in an MPL, make sure the coin (and this goes for any coin IMO) has good eye appeal and no problems. I personally do not like spots, especially ones that are visible to the naked eye (like the one in your photo), and particularly not on proofs - most people want pristine proofs. However, even though you will be able to get a good deal on an MPL that has "issues" because they are hard to sell, doesn't mean you should buy it just because it's a "good deal." So my advice is to look for an MPL that appeals to you, that you think is attractive, that makes you say "wow," and if you have to pay a little more than you expected, it will be worth it because you will be much more happy with an attractive coin, than one with problems - and most likely, even after you've had it for a few years, you won't feel the need to "upgrade" a good quality, attractive pristine coin.[/QUOTE]
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