Need members opinions about proof sets?????????
ellewood
Posts: 1,750 ✭
I am thinking about abandoning collecting the modern proof sets from the US Mint...both clad and silver. Since 1999, I have been receiving the 5-coin Clad 50 State Quarter Proof Sets, the 10-coin clad proof sets, the 10-coin silver proof sets and, beginning in 04' - the 50 SQ Silver proof set (5-coins). I even picked up the original issue blue storage boxes for each of the sets to be safely stored over these years.
Frankly, I don't see how they will go up much more in value in years to come (with the exception of maybe the 1999 silver set). Now that I'm a collector of mostly "slabbed" coins, I flinch when I think about how the condition of these coins could detriorate over the long run....just sitting in these proof sets. I'm also thinkin that the 99' Silver Set might have already peaked...and it won't go much higher.
I would love to hear different opinions from members about whether or not proof sets are a sound investment. I'm thinking that I could sell the 3 diff. sets on eBay (or on the BST) and reinvest the money in other coins. Your opinions/input would be greatly appreciated!!!
Frankly, I don't see how they will go up much more in value in years to come (with the exception of maybe the 1999 silver set). Now that I'm a collector of mostly "slabbed" coins, I flinch when I think about how the condition of these coins could detriorate over the long run....just sitting in these proof sets. I'm also thinkin that the 99' Silver Set might have already peaked...and it won't go much higher.
I would love to hear different opinions from members about whether or not proof sets are a sound investment. I'm thinking that I could sell the 3 diff. sets on eBay (or on the BST) and reinvest the money in other coins. Your opinions/input would be greatly appreciated!!!
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