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<p>[QUOTE="ewomack, post: 2327187, member: 15588"]Mint sets are fun. But, like others have said, probably not a great vehicle for future profit. For a while the state quarters series saw a major spike in value, but, like most crazes, that only lasted as long as the craze. Subsequent sets don't seem to have inspired any feeding frenzies. Everything seems to indicate that they won't, but of course one never knows. I buy Mint sets usually as cheap souvenirs for mint visits so I have a few scattered sets from various countries.</p><p><br /></p><p>I thought I had also heard that sales had trended down for mint and proof sets in general at the US mint for the past decade or so. That could go both ways. If no one wants these sets anymore then their rarity won't matter. It takes more than rarity to sell something - it takes demand. When rarity and demand meet then you have thunder. But just because some of these sets may be "rare" in the future for one reason or another doesn't necessarily mean they will have any value. People have to want to buy them.</p><p><br /></p><p>Which brings up something that confuses every non-coin collector I know. I show them a Roman coin that's approximately 1,000 years old and in decent shape. Then I show them a 19th century cent in better shape but some 900 years newer. Then I ask them what they think I paid for each one. Everyone, and I mean everyone, says "that Roman coin must have been really really expensive!!" Then I shock them with the prices I actually paid for them. The Roman: $20. The 19th century cent: $150. No one ever understands, but it's fun to watch them try.</p><p><br /></p><p>We know why, of course. Rome, like the US mint today, produced bajillions of coins and many of them remain very easy to find up to the present moment. Though of course I don't actually know this, but my feeling is that US coins will have similar accessibility well into the future. There are simply billions upon billions of them. Add to that their general lack of precious metal content (assuming it remains non-precious, of course) and things don't look promising for future gains. They are fun, though. So keep having fun.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2327187, member: 15588"]Mint sets are fun. But, like others have said, probably not a great vehicle for future profit. For a while the state quarters series saw a major spike in value, but, like most crazes, that only lasted as long as the craze. Subsequent sets don't seem to have inspired any feeding frenzies. Everything seems to indicate that they won't, but of course one never knows. I buy Mint sets usually as cheap souvenirs for mint visits so I have a few scattered sets from various countries. I thought I had also heard that sales had trended down for mint and proof sets in general at the US mint for the past decade or so. That could go both ways. If no one wants these sets anymore then their rarity won't matter. It takes more than rarity to sell something - it takes demand. When rarity and demand meet then you have thunder. But just because some of these sets may be "rare" in the future for one reason or another doesn't necessarily mean they will have any value. People have to want to buy them. Which brings up something that confuses every non-coin collector I know. I show them a Roman coin that's approximately 1,000 years old and in decent shape. Then I show them a 19th century cent in better shape but some 900 years newer. Then I ask them what they think I paid for each one. Everyone, and I mean everyone, says "that Roman coin must have been really really expensive!!" Then I shock them with the prices I actually paid for them. The Roman: $20. The 19th century cent: $150. No one ever understands, but it's fun to watch them try. We know why, of course. Rome, like the US mint today, produced bajillions of coins and many of them remain very easy to find up to the present moment. Though of course I don't actually know this, but my feeling is that US coins will have similar accessibility well into the future. There are simply billions upon billions of them. Add to that their general lack of precious metal content (assuming it remains non-precious, of course) and things don't look promising for future gains. They are fun, though. So keep having fun.[/QUOTE]
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