Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
US Mint regrets
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 26693645, member: 101855"]I have collected Proof sets for years. I now have complete sets back to 1936. I also assembled a 1913 set, and might work on some other older sets in the future. </p><p><br /></p><p>I don't worry very much about the values of the modern sets. I have "made money" on the sets from the late '50s and early '60s because of the increases in the price of silver. </p><p><br /></p><p>I like Proof sets as a way collecting a set of coins on an annual basis. I did stop buying the base metal sets and only buy the silver sets. At least that way I have some silver which will always have some value. </p><p><br /></p><p>I gave up on the base metal sets when the State Quarter program ended. Oddly enough when I sold some of the sets after that, I made money.</p><p><br /></p><p>Collectors should never buy the modern stuff the mint sells with the idea of making money. Most of it loses value. Some items are hot for a while and then decrease in value as they get in the collectors' rear view mirror. As a collector with 66 years of experience, I have seen this happen many times. </p><p><br /></p><p>Buy what you enjoy and don't worry about making money. If you want to make money, consider the stock market, CDs or speculate in metals. Collector coins are fickle.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26693645, member: 101855"]I have collected Proof sets for years. I now have complete sets back to 1936. I also assembled a 1913 set, and might work on some other older sets in the future. I don't worry very much about the values of the modern sets. I have "made money" on the sets from the late '50s and early '60s because of the increases in the price of silver. I like Proof sets as a way collecting a set of coins on an annual basis. I did stop buying the base metal sets and only buy the silver sets. At least that way I have some silver which will always have some value. I gave up on the base metal sets when the State Quarter program ended. Oddly enough when I sold some of the sets after that, I made money. Collectors should never buy the modern stuff the mint sells with the idea of making money. Most of it loses value. Some items are hot for a while and then decrease in value as they get in the collectors' rear view mirror. As a collector with 66 years of experience, I have seen this happen many times. Buy what you enjoy and don't worry about making money. If you want to make money, consider the stock market, CDs or speculate in metals. Collector coins are fickle.[/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
>
US Mint regrets
>
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...