Mint Proof and Grading
JapanJohn
Posts: 2,030 ✭
Is there an advantage to taking a mint coin such as an American Eagle and having it graded?
Or does it depend on your goals. I don't ever see myself as much of a seller although I am going to buy some subscription stuff from the US Mint. Buying a 1999 silver proof set convinced me it's worth my while to pick up 4 or 5 silver proof sets every year. Even the most mundane one seems to have sold for 20 - 30 beans and is now worth 40 or so beans.
That's a good turn around in a couple of years. I'm thinking buy 4-5, then sell 3-4 in a year or two or three, and basically get the one you keep for free.
Which brings me back around to my original question. Would it be worth it to break one of the sets and have them graded?
John
Or does it depend on your goals. I don't ever see myself as much of a seller although I am going to buy some subscription stuff from the US Mint. Buying a 1999 silver proof set convinced me it's worth my while to pick up 4 or 5 silver proof sets every year. Even the most mundane one seems to have sold for 20 - 30 beans and is now worth 40 or so beans.
That's a good turn around in a couple of years. I'm thinking buy 4-5, then sell 3-4 in a year or two or three, and basically get the one you keep for free.
Which brings me back around to my original question. Would it be worth it to break one of the sets and have them graded?
John
0
Comments
<< <i>Is there an advantage to taking a mint coin such as an American Eagle and having it graded? >>
No.
Russ, NCNE
<< <i>Is there an advantage to taking a mint coin such as an American Eagle and having it graded? >>
Only if it comes back from PCGS as a 70
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