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Should I buy a couple of silver coins .999 or usmint 2010 or 11 silver proof sets??
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<p>[QUOTE="ratio411, post: 1115759, member: 26729"]I would like to add that you don't show the signs of the 1 in a million investor that wins on coin investing.</p><p>No offense intended, but your initial choice of proof sets as an investment betrays your lack of investing prowess.</p><p>Mint issue sets are historically overpriced, especially around the time they are minted. They sell very high from the mint, often see a spike in value in the aftermarket for a couple of brief years, then they fall to the basement... often to a value below their original issue price.</p><p>There are exceptions, but those are the happy accidents I speak of, and you have to be committed to the losers to be committed enough to be in those happy accidents.</p><p>I got my 1999 silver proof set from the mint and won big time, but in order to get that one, I bought ALL of the other losers from the mint.</p><p>Same with my 08/07 ASE. I buy 2 of everything, every year, from the mint. Not because I am investing, but because I collect.</p><p>So in 08, I got one 08/07 variety, along with a regular 08 for the 2nd. Happy accident. However, nothing an investor could have planned for and won on.[/QUOTE]</p><p><br /></p>
[QUOTE="ratio411, post: 1115759, member: 26729"]I would like to add that you don't show the signs of the 1 in a million investor that wins on coin investing. No offense intended, but your initial choice of proof sets as an investment betrays your lack of investing prowess. Mint issue sets are historically overpriced, especially around the time they are minted. They sell very high from the mint, often see a spike in value in the aftermarket for a couple of brief years, then they fall to the basement... often to a value below their original issue price. There are exceptions, but those are the happy accidents I speak of, and you have to be committed to the losers to be committed enough to be in those happy accidents. I got my 1999 silver proof set from the mint and won big time, but in order to get that one, I bought ALL of the other losers from the mint. Same with my 08/07 ASE. I buy 2 of everything, every year, from the mint. Not because I am investing, but because I collect. So in 08, I got one 08/07 variety, along with a regular 08 for the 2nd. Happy accident. However, nothing an investor could have planned for and won on.[/QUOTE]
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Should I buy a couple of silver coins .999 or usmint 2010 or 11 silver proof sets??
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