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It's July! Reverse Proof Month
Onastone
Posts: 4,385 ✭✭✭✭✭
I sure hope the new RP set doesn't create the same fiasco as last year's EU sets did. I imagine they will be packaged in similar fashion and some will complain about nonexistent oil spots. I'm not sure how I feel about reverse proofs, sometimes they can look kind of weird, like negatives of a photo. I know there's already a string talking about this set, but what's the general consensus? A sell-out or slow burn?
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Thanks for the reminder! I just put an alert on my phone to remind me as it gets closer. I'd imagine a quick sell out and it might revitalize interest in proof sets. Although the enhanced uncirculated sets do not appear to have performed well on the secondary market so far.
I saw another post on this today.... I am not a fan of RP's... though many here do like them. I may wait to get an ASE on the market in a couple of years...just to add to my run of ASE's. They will be cheaper then...
Cheers, RickO
Thanks Ricko, I just found it. There will probably be another before the month is over!!!!!
There's a European Union set?
Don't quote me on that.
The pennies seem to do well...and the halves....
Don't quote me on that.
Do you think the RP cents will do as well? They'll be just as unique and unusual.
I want to see a clear picture of them. I really really wished they had made the whole set silver....easy sellout then
Don't quote me on that.
I think they will, but the price point for the set is the issue for the RP set.
All comments reflect the opinion of the author, even when irrefutably accurate.
Bestday said they'd be $54.95 a set, limit of 10 first day.
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Yes, they are $55 with about $20 in silver. The EU sets were $29.95.
The EU cents go for $15 to $20 and the halves go for $10-$12. The Sacs are about $8. There is very little interest in the quarters, nickel and dime. So, you've got $33 to $40 in singles from the EU set at a $29.95 cost.
For the RP set, given similar mintage, let's assume similar price points, then you've got $33 to $40 in singles + $1.35 face in 90% which is about another $15. So at a $55 price point, you may not have enough value in the singles for the added cost.
All comments reflect the opinion of the author, even when irrefutably accurate.
Still, unique enough a set or two will be added to my collection... and yes, all silver WOULD be nice...
A Truth That's Told With Bad Intent
Beats All The Lies You Can Invent
The countdown is on, less than 22 hours remain.
Remember the '06 Reverse Proofs and how crazy that year was.
Anyone looking at the Washington silver medal released on 8/16?
I think these sets will be popular with the flippers. I'm just not sure how long the euphoria will last. a mintage of 200,000 means most people who want one will be able to get one
I do. But I was not collecting coins in 2012...was that year the same?
Which silver medal? I can't seem to find this.....
Us mint website product schedule. Try that. Not pictured yet and I can't do links. There is a John Adams one released the same day 8/16. No price yet either. I was just looking at the schedule and saw these.
Okay, I see it now. Hmmm, might be interesting!