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<p>[QUOTE="-jeffB, post: 4020727, member: 27832"]Well, "book value" is always high -- as I understand it, that's "the price at which any dealer would be <i>happy</i> to sell it to you", AKA "full retail". Nice examples for a particular grade can cost more than book value, but average or below-average examples for the grade can be had for less.</p><p><br /></p><p>The 2012 sets are an odd case -- <a href="https://www.davescollectiblecoins.com/blog/the-2012-proof-coins-how-they-got-to-be-scarce-and-high-priced/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.davescollectiblecoins.com/blog/the-2012-proof-coins-how-they-got-to-be-scarce-and-high-priced/" rel="nofollow">the Mint stopped sales of them much earlier than usual, which led to a frenzy of demand</a>, even though their mintages weren't exceptionally low.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 4020727, member: 27832"]Well, "book value" is always high -- as I understand it, that's "the price at which any dealer would be [I]happy[/I] to sell it to you", AKA "full retail". Nice examples for a particular grade can cost more than book value, but average or below-average examples for the grade can be had for less. The 2012 sets are an odd case -- [URL='https://www.davescollectiblecoins.com/blog/the-2012-proof-coins-how-they-got-to-be-scarce-and-high-priced/']the Mint stopped sales of them much earlier than usual, which led to a frenzy of demand[/URL], even though their mintages weren't exceptionally low.[/QUOTE]
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