Platinum Proofs or UNC?

jbw · September 27, 2007 11:47AM

Just wondering what the general consensus is .. If you were going to buy today - which would do better in the long term? Platinum Proofs or uncirculated?

quattrocoins · September 27, 2007 11:51AM

The proofs seem better to me because of their annually changing reverses.

I collect the $50 proofs.

FLBuffaloHunter · September 27, 2007 11:53AM

Uncirculated mintages are very low at this point. If they remain at the current sales level, it's possible the 3-year design could be one of the lowest mintage series ever. Also, with the increase in metal prices, You are getiing a limited low minatge coin for not much over spot.

greedygeek · September 27, 2007 11:54AM

Proofs have more collectors thus will do better if mintages were equal. Plus they are shiney and nice.

SUMORADA · September 27, 2007 12:21PM

Shiney is nice but I like what......... FLBuffaloHunter............said

Rarity · September 27, 2007 1:21PM

UNC

Zoins · September 27, 2007 4:30PM

UNC - it's about the mintage, not the design.

Overdate · September 27, 2007 6:33PM

For buying 2007 W plats from the Mint, the problem is that every coin you buy, whether proof or uncirculated, increases the total mintage by 1, making that coin less scarce, and thus less attractive to those looking for a potential increase in value.

I would rather buy a coin from a previous year with a known low mintage, that I think is underpriced. This has the effect of decreasing the availability of that coin as long as I own it.

ttown · September 27, 2007 9:18PM

I have both but if picking 1 it would be the proofs since there's a much more mature collector base. As far as the 2007 W UNC having a little less mintage I wouldn't count on it since everyone knows this right now and is watching. The 2007 proof may end up with fewer numbers in the long run. Proofs are also much better looking in Platinum. Now if your wanting to start a collection the UNC's maybe the way to go since they started in 2006.

DeepCoin · September 27, 2007 10:49PM

I like the 2007 uncs. Whatever has been made has been made by the Mint. At this point, production schedules for next year are most likely prohibiting making any more of what was a small run anyway. Remember, we are talking a couple thousand when they have to make Millions of bullion coins.

kiyote · September 28, 2007 12:27AM

Unc... Though I collect proofs, the uncs are really attractive pricewise at the moment if you get them from the mint.

jbw · September 28, 2007 8:06AM

Thanks for the replies..

Just ordered a 2007 Platinum UNC Set from the mint.
I can't help but think that they will be taking them down soon in order to adjust the price, since platinum is up another $28 today.

EricSan · September 28, 2007 10:37AM

I just ordered my $50 w-unc in plat. The $50 proof is "supposed" to be in the (still mythical) 10th Anniv set later this year... Though there are not many pages left on the calendar for the year...

I'm wondering if the mint will pull the plug on these soon as spot prices keep going up. I am suspicious that the gold eagles may not show up again.

Eric

Goldbully · September 28, 2007 10:49AM

<< The proofs seem better to me because of their annually changing reverses.

I collect the $50 proofs. >>

Uncs. change with the proofs too.

The 2006-W Unc is far more valuable than the proof......just ask Coinboy!!!!!!

The 3 branches of gov't are depicted on the reverses.

2006-W.....Legislative

2007-W....Executive

2008-W....Judicial

tincup · September 28, 2007 11:00AM

<< Thanks for the replies..

Just ordered a 2007 Platinum UNC Set from the mint.
I can't help but think that they will be taking them down soon in order to adjust the price, since platinum is up another $28 today. >>

Another factor in favor of the Unc.... I have a suspicion that if they pull them to readjust the price.... they just may not mint any more than what they have on hand. Meaning a very low mintage. They may pull the Proof also, but I suspect there is a better chance they will mint more of the proofs if demand warrants. I have nothing to base my suspicion on, other than just a hunch.

Animalkeeper · September 28, 2007 11:06AM

UNC - I have both a 1/10th oz. raw and a slabbed PCGS MS 69 set. More collector interest and price closer to melt.

Edited: to define the set I collect.

Coinhog · September 28, 2007 4:33PM

<< UNC - it's about the mintage, not the design. >>

I would say its all about supply and demand. Little or no demand and low mintages don't mean a thing. Look at some of the proof coins from the 19th century or the Brittania gold from the 1990's. Even though the minatge is less than 500 coins, there is no demand and thus the price is very low.

If you like the design buy it. It doesn't matter whether it is proof or UNC, Its all about whether you feel good about laying out the cash for the coin.

kiyote · September 29, 2007 3:51AM

I just ordered a 1/4oz W Unc for my room-mate as part of a rent agreement and a 1/2 oz W Unc for myself. The rent agreement is, if I see something that looks like it could be pretty promising, he'll take that instead of cash for my part of the rent. I think the last thing I got him was a 2006 W Silver anniversary set, so he's pretty happy so far.

kiyote · September 29, 2007 3:53AM

<< 

<< The proofs seem better to me because of their annually changing reverses.

I collect the $50 proofs. >>

Uncs. change with the proofs too.
>>

Did I mention that annoys us Proof collectors to no end? The point of the proof versions were that you got the "proof only" design. Where do UNCs with proof reverses fit in? Do Unc collectors feel like they have to have them in their set? What about proof collectors!?

Platinum Proofs or UNC?

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