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<p>[QUOTE="mattman, post: 203100, member: 2621"]I guess it would depend on whether you collect coins with the pretense of selling it at a later time for a profit, which to me is investing and not collecting or whether you collect the pure fun and enjoyment of it. Trying to complete that certain set or type or whatever is what collecting is about. If you start worring about the value of everything all the time, then your collection is becoming a buisness and no longer a hobby. I'll let the dealers worry about whether or not to stock boxes of certain coins and let them worry whether the value has changed from day to day. Me, I just want those holes filled and once a coin goes into my collection it becomes part of the whole and is no longer an individual.</p><p><br /></p><p>And don't forget, prices work both ways. </p><p>1997 p/d mint set issue price- $8.00 current value- $39.00</p><p>1999 silver proof set ip-$32.00 - cv- $380.00</p><p>1970 mint set ip-$2.50 ($1.27 minus face value!) - cv $25.00</p><p>You win some you lose some but it should all average out in the end.....in fact if you bought every mint set since 1970 at issue price you would have spent @300.00 (not accounting for the face values) and they are currently valed at @575. if you sold them for 70% of value - @$400 you would still see a profit of @$100.</p><p><br /></p><p>I'm not trying to start anything, just trying to point out that views differ between those "collecting" for profit and those collecting for collecting sakes and whether your more concerned with the individual coin or the whole collection. But I will agree on one thing, if I was collecting for profit I'd stay away from any large qtys of any of these newer issues and focus more on errors, keys and semi-keys. Errors seem to always appreciate and keys/semis rarely if ever go down.</p><p><br /></p><p>To each his own, in his own way and for his own reasons.</p><p><br /></p><p>Mattman[/QUOTE]</p><p><br /></p>
[QUOTE="mattman, post: 203100, member: 2621"]I guess it would depend on whether you collect coins with the pretense of selling it at a later time for a profit, which to me is investing and not collecting or whether you collect the pure fun and enjoyment of it. Trying to complete that certain set or type or whatever is what collecting is about. If you start worring about the value of everything all the time, then your collection is becoming a buisness and no longer a hobby. I'll let the dealers worry about whether or not to stock boxes of certain coins and let them worry whether the value has changed from day to day. Me, I just want those holes filled and once a coin goes into my collection it becomes part of the whole and is no longer an individual. And don't forget, prices work both ways. 1997 p/d mint set issue price- $8.00 current value- $39.00 1999 silver proof set ip-$32.00 - cv- $380.00 1970 mint set ip-$2.50 ($1.27 minus face value!) - cv $25.00 You win some you lose some but it should all average out in the end.....in fact if you bought every mint set since 1970 at issue price you would have spent @300.00 (not accounting for the face values) and they are currently valed at @575. if you sold them for 70% of value - @$400 you would still see a profit of @$100. I'm not trying to start anything, just trying to point out that views differ between those "collecting" for profit and those collecting for collecting sakes and whether your more concerned with the individual coin or the whole collection. But I will agree on one thing, if I was collecting for profit I'd stay away from any large qtys of any of these newer issues and focus more on errors, keys and semi-keys. Errors seem to always appreciate and keys/semis rarely if ever go down. To each his own, in his own way and for his own reasons. Mattman[/QUOTE]
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New reverse on Sacagawea dollars
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