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<p>[QUOTE="krispy, post: 902330, member: 19065"]Buying from the US Mint as an investment is the first mistake. These products are for the collector willing to pay the premium for special coins although the investment speculator may occasionally turn a profit from some coin issues.</p><p><br /></p><p>It's just not worth paying $32.95 for the silver, plus plastic and paper carton, the marketing for the program, etc. It's hit-or-miss with the Mint's product quality as many buyers send back coins frequently which they deem not 'high grade' (69/70 range). It matters not what you receive from the Mint, it will never be PF70 UC's. You only get<i> that</i> after further financial obligation to a TPG, also hit-or-miss, and furthermore a very poor choice to seek more risky speculation for investment potential Re: your comment about potential worth. </p><p><br /></p><p>My point ultimately is not to <i>invest</i> in Mint products, but rather to collect them. Mint products disappoint on a disproportionately high percentage of the time, especially those Boy Scout commems that everyone was all a flurry about recently. There were a score of threads hyping the forthcoming value of flipping the BSA coins as soon as they sold out and in large part due to some yet non-existent Scouts interest which may be spurred on by the coin collecting merit badge. Well that hasn't materialized like so many other US Mint modern silver commems. that failed to soar in price. </p><p><br /></p><p>I wasn't implying one ought to buy junk silver to make profits from occasional coins that are not junk quality. If you are buying junk or scrap, you ought to be buying it and holding it for the investment since the chances are slim of finding anything of numismatic value there.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 902330, member: 19065"]Buying from the US Mint as an investment is the first mistake. These products are for the collector willing to pay the premium for special coins although the investment speculator may occasionally turn a profit from some coin issues. It's just not worth paying $32.95 for the silver, plus plastic and paper carton, the marketing for the program, etc. It's hit-or-miss with the Mint's product quality as many buyers send back coins frequently which they deem not 'high grade' (69/70 range). It matters not what you receive from the Mint, it will never be PF70 UC's. You only get[I] that[/I] after further financial obligation to a TPG, also hit-or-miss, and furthermore a very poor choice to seek more risky speculation for investment potential Re: your comment about potential worth. My point ultimately is not to [I]invest[/I] in Mint products, but rather to collect them. Mint products disappoint on a disproportionately high percentage of the time, especially those Boy Scout commems that everyone was all a flurry about recently. There were a score of threads hyping the forthcoming value of flipping the BSA coins as soon as they sold out and in large part due to some yet non-existent Scouts interest which may be spurred on by the coin collecting merit badge. Well that hasn't materialized like so many other US Mint modern silver commems. that failed to soar in price. I wasn't implying one ought to buy junk silver to make profits from occasional coins that are not junk quality. If you are buying junk or scrap, you ought to be buying it and holding it for the investment since the chances are slim of finding anything of numismatic value there.[/QUOTE]
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