Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Proof Sets: Lame?
>
Reply to Thread
Message:
<p>[QUOTE="dave92029, post: 1099904, member: 26916"]A couple of months ago when the price of silver began going ballistic, and I refused to pay the premium that was being places on ASE's, so I began to buy Silver Proof Sets (2002 - 2007) on eBay for below melt value. </p><p><br /></p><p>The (2002 -2007) Silver Proof Sets were the least expensive way to buy silver. </p><p><br /></p><p>The Mint has raised the price on the Silver Proof Sets since 2008 to the point that I will not buy them any more. This is a shame because I really like the look of these sets. I don't think that I will live long enough to be able to sell these sets and recover the Mint's premiums. </p><p><br /></p><p>The Mint's current pricing with very high premiums is creating very low mintages for popular sets and chasing away new collectors. When young collectors find that the sets that they purchased 5, 10, and 20 years ago are worth less than they paid for them, they will stop collecting. The Mint is shooting themselves in the foot with their current premiums. The Mint's current pricing is reducing the number of collectors. Maybe the New Director of the Mint will fix this.[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 1099904, member: 26916"]A couple of months ago when the price of silver began going ballistic, and I refused to pay the premium that was being places on ASE's, so I began to buy Silver Proof Sets (2002 - 2007) on eBay for below melt value. The (2002 -2007) Silver Proof Sets were the least expensive way to buy silver. The Mint has raised the price on the Silver Proof Sets since 2008 to the point that I will not buy them any more. This is a shame because I really like the look of these sets. I don't think that I will live long enough to be able to sell these sets and recover the Mint's premiums. The Mint's current pricing with very high premiums is creating very low mintages for popular sets and chasing away new collectors. When young collectors find that the sets that they purchased 5, 10, and 20 years ago are worth less than they paid for them, they will stop collecting. The Mint is shooting themselves in the foot with their current premiums. The Mint's current pricing is reducing the number of collectors. Maybe the New Director of the Mint will fix this.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Proof Sets: Lame?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...