US Mint: When to buy and when to walk away?

TraderGio

What is your formula or rules to decide which products are worth your hard earned dollars?

FatMan

If I like it I buy, if not I pass. Pretty simple formula that has worked well for me whether buying from the mint or anywhere else.

fishcooker

yes

mikeJ

I agree with Fatman, Purchase what you like. If buying to profit you may be better off with CU stock.

TraderGio

<< <i>If I like it I buy, if not I pass. Pretty simple formula that has worked well for me whether buying from the mint or anywhere else. >>


If few buy a certain coin produced by the mint, wouldn't that coin have great potential for appreciation especially if it is needed for a set?

cladking

Buy what you like but things that are extremely popular will usually
be on the market for a lot less in a few years. Be patient if you want
mint products and it can save you some money.

This is less true now than in the past but can still work.

Kaelasdad

Lets look at today for example. Low mintage, high collector base, gold, its a buy. If the mintage of the 3 coin set had been 20,000 it might still have demanded action, but a 10,000 mintage was like a perfect storm. 5,000 would have been unthinkable. Now you also have to look for losers--if a coin just doesnt look like its moving, it could be a low mintage sleeper--raise its head in 5 years and make everyone kick themselves.

So--look, think, buy or walk

TraderGio

Is there a site that tells you how well a coin is selling?

itsnotjustme

Buy when there is either very little interest and high limits (2001 CVC) or very high interest and low limits (2001 Buff, 2006 ASE Anniv).

DieClash

<< <i>Lets look at today for example. Low mintage, high collector base, gold, its a buy. If the mintage of the 3 coin set had been 20,000 it might still have demanded action, but a 10,000 mintage was like a perfect storm. 5,000 would have been unthinkable. Now you also have to look for losers--if a coin just doesnt look like its moving, it could be a low mintage sleeper--raise its head in 5 years and make everyone kick themselves.

So--look, think, buy or walk >>





But often times we find ourselves on a budget. And so the Haves will buy what the Have Nots cannot afford. I went out on a limb and ordered me up a set of the GAE anniversary coins for $2,610. That's definitely over my single Mint-order budget. But hey! I wanted it bad so I bit the bullet. Look, think, Buy or Walk, but don't let the sure thing pass you by!

dlimb2

I went way over my budget today...but I just had to do it...like most here know a good thing when they see it...I am in hopes of selling some to pay for the ones I keep.

Conder101

For me it's simple. I walked away in 1976.

ABC123

The www.usmint.com site indicates-----SOLD OUT !!! You Snooze, You Lose, Rip Van Winkle

AlixTCat

<< <i>I agree with Fatman, Purchase what you like. If buying to profit you may be better off with CU stock. >>



CLCT = Last Price Day Change Volume
$13.24 0.04 (0.30%) 5,800

Do you see it going up and up? I may buy some. Pretty cheap right now. Worth taking a chance. May be better than buying NCLT for profit.

Jonathan