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<p>[QUOTE="cladking, post: 834748, member: 68"]I'm not sure.</p><p><br /></p><p>I think most people are better off collecting than investing and I hate seeing investment in my favorite area and don't want to encourage it. </p><p><br /></p><p>But the reason I'm not sure is that most everything depends on the specific individual mint set. While, by far, 1969 is my favorite date the fact is only about every 4th 1969 mint set has a nice coin in it. It's also a matter of cost relative to value. I'm not real impressed by a nice attractive 1969-D dime since these aren't that tough but some of the other coins in this set are much tougher. Now days this date has a huge premium and I wouldn't want to pay such a large premium for a mediocre set. </p><p><br /></p><p>Another set like the '72-D comes really nice. Most of these set will have two or three nice coins and even the bad ones won't be too bad. The set premium is much lower but ofd course all these coins are much more common. Some of the later sets like the '92 rarely has any nice coins (other than cents whgich are common for '92) so these tend to be a waste. </p><p><br /></p><p>I like nice coins and I like them a lot more whebn they are tough. I'd much rather have a nice gem 1969 quarter than a basketfull of 1972 sets even if there are gems. But I'd much rather have a nice attractive 1972 set than a dull or typical 1969. </p><p><br /></p><p>I like the '70 set but these have to have a decvent half (only 50% do) or you're paying a $20 premium. For $20 you can get a nice handfull of gemmy '84-P quarters from mint sets. </p><p><br /></p><p>I can tell you my favorite dates but if you just try to buy these to set aside you'll be severely limiting your opportunity and any future return. They are '69, '75, '91, '66, '68, '71, and '78. But they all present opportunities. Like the '80 mint set has a very very rare half dollar in it about .5% of the time. Many of the Denver issues are quite gem but then they recieved shallow scrapes while being inserted into mint sets. There's evidence that 1980 was the first year this process was mostly automated. About 3% of the coins don't have these scrapes and and every sixth one is a nice clean coin with a decent strike. </p><p><br /></p><p>1978 mint sets often have very gemmy Ikes. Indeed there is a lot of variability in attractiveness and the gems of all denominations stand head and shoulders above the rest. Even the Denver cents come nice about 2% of the time. </p><p><br /></p><p>I think everyone should collect moderns. :whistle:</p><p><br /></p><p>But, of course, some people don't like them and never will. But there are opportunities whether you like them or not. I started with a purely investment perspective but over the years my primary foicus is shifting to collecting them. </p><p><br /></p><p>One thing detractors should remember is that the '70-S sm date is very very common in mint sets and appear in 10% of sets. But gems can be as scarce as .1% and are never more common that 8% (except for zincolns). Not everyone collects varieties like the small date but every single clad collector will need each date. It's really not sustainable that rare coins like gem 1969 quarters will sell for a few dollars. Eventually the ready supply in mint sets simply won't exist any longer and the demand will have to focus on the singles and these just aren't out there available for sale. Already about two tghirds of the '69 mint sets arte gone forever and a quarter of the survivors have damaged coins. They aren't making these anymore than they are making large cents.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 834748, member: 68"]I'm not sure. I think most people are better off collecting than investing and I hate seeing investment in my favorite area and don't want to encourage it. But the reason I'm not sure is that most everything depends on the specific individual mint set. While, by far, 1969 is my favorite date the fact is only about every 4th 1969 mint set has a nice coin in it. It's also a matter of cost relative to value. I'm not real impressed by a nice attractive 1969-D dime since these aren't that tough but some of the other coins in this set are much tougher. Now days this date has a huge premium and I wouldn't want to pay such a large premium for a mediocre set. Another set like the '72-D comes really nice. Most of these set will have two or three nice coins and even the bad ones won't be too bad. The set premium is much lower but ofd course all these coins are much more common. Some of the later sets like the '92 rarely has any nice coins (other than cents whgich are common for '92) so these tend to be a waste. I like nice coins and I like them a lot more whebn they are tough. I'd much rather have a nice gem 1969 quarter than a basketfull of 1972 sets even if there are gems. But I'd much rather have a nice attractive 1972 set than a dull or typical 1969. I like the '70 set but these have to have a decvent half (only 50% do) or you're paying a $20 premium. For $20 you can get a nice handfull of gemmy '84-P quarters from mint sets. I can tell you my favorite dates but if you just try to buy these to set aside you'll be severely limiting your opportunity and any future return. They are '69, '75, '91, '66, '68, '71, and '78. But they all present opportunities. Like the '80 mint set has a very very rare half dollar in it about .5% of the time. Many of the Denver issues are quite gem but then they recieved shallow scrapes while being inserted into mint sets. There's evidence that 1980 was the first year this process was mostly automated. About 3% of the coins don't have these scrapes and and every sixth one is a nice clean coin with a decent strike. 1978 mint sets often have very gemmy Ikes. Indeed there is a lot of variability in attractiveness and the gems of all denominations stand head and shoulders above the rest. Even the Denver cents come nice about 2% of the time. I think everyone should collect moderns. :whistle: But, of course, some people don't like them and never will. But there are opportunities whether you like them or not. I started with a purely investment perspective but over the years my primary foicus is shifting to collecting them. One thing detractors should remember is that the '70-S sm date is very very common in mint sets and appear in 10% of sets. But gems can be as scarce as .1% and are never more common that 8% (except for zincolns). Not everyone collects varieties like the small date but every single clad collector will need each date. It's really not sustainable that rare coins like gem 1969 quarters will sell for a few dollars. Eventually the ready supply in mint sets simply won't exist any longer and the demand will have to focus on the singles and these just aren't out there available for sale. Already about two tghirds of the '69 mint sets arte gone forever and a quarter of the survivors have damaged coins. They aren't making these anymore than they are making large cents.[/QUOTE]
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