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My five 25th Anniv sets arrived today...
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<p>[QUOTE="DW-coins, post: 1300074, member: 33380"]Thanks JJK78, here's where I am at the moment (and it could change). I am thinking of submitting them all to NGC and then for $1 per set have the mint packaging to be returned. Since I am one of the fortunate buyers with the full 5 sets, I've at minimum doubled my money with a $1500 profit. Assuming grading all 25 coins along with shipping will roughly be $500 (a little more but this way the numbers are easier), at worst case they all come back MS/PF 69 or less, I could simply crack them all out and put them back in the mint packaging, if need be, and still be ahead a theoritical $1000 (or 77% RIO). And then any MS/PF 70's that do materialize will only add to that $1000 profit. With estimates on a 5 coin MS/PF 70 set going for upwards of $4000 ea (see <a href="http://www.coinweek.com/news/featured-news/the-coin-analyst-update-on-25th-anniversary-silver-eagle-sets/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/news/featured-news/the-coin-analyst-update-on-25th-anniversary-silver-eagle-sets/" rel="nofollow">HERE</a>) the potential profit margin could be significant. </p><p>But then again, an unopened box of 5 sets may well go quite high due to optimistic buyers with unrealistic expectations. So it may be best to take your advice and keep them in the box unopened and wait it out.</p><p>But then again, coins submitted to NGC here in the first week will automatically be labeled "Early Release" which may or may not be relevant in the long run, so submitting them earlier rather than later does have advantages.</p><p>Hmmmm, decisions, decisions....[/QUOTE]</p><p><br /></p>
[QUOTE="DW-coins, post: 1300074, member: 33380"]Thanks JJK78, here's where I am at the moment (and it could change). I am thinking of submitting them all to NGC and then for $1 per set have the mint packaging to be returned. Since I am one of the fortunate buyers with the full 5 sets, I've at minimum doubled my money with a $1500 profit. Assuming grading all 25 coins along with shipping will roughly be $500 (a little more but this way the numbers are easier), at worst case they all come back MS/PF 69 or less, I could simply crack them all out and put them back in the mint packaging, if need be, and still be ahead a theoritical $1000 (or 77% RIO). And then any MS/PF 70's that do materialize will only add to that $1000 profit. With estimates on a 5 coin MS/PF 70 set going for upwards of $4000 ea (see [URL="http://www.coinweek.com/news/featured-news/the-coin-analyst-update-on-25th-anniversary-silver-eagle-sets/"]HERE[/URL]) the potential profit margin could be significant. But then again, an unopened box of 5 sets may well go quite high due to optimistic buyers with unrealistic expectations. So it may be best to take your advice and keep them in the box unopened and wait it out. But then again, coins submitted to NGC here in the first week will automatically be labeled "Early Release" which may or may not be relevant in the long run, so submitting them earlier rather than later does have advantages. Hmmmm, decisions, decisions....[/QUOTE]
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My five 25th Anniv sets arrived today...
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