Why Should/Shouldnt You Collect Proof Coins?

Mmmm, proof coins.

Great proofs guys! Yarm I still can't get over your Britannia.

I have significant value in R.A.M. proof products, in all three metals that I inherited, but I don't collect modern NCLT mint proof products, despite their technical merit.

I am a World and ancients coin collector. I recomended to others earlier in this thread to collect both, because if you like to collect NCLT proofs, then collect them.

I don't, because modern NCLT proof products, in most cases, they have demonstrated poor aftermarket performance above their bullion potential.

I DO collect proofs, but in almost all cases for me, that is with dates before about 1960. It was from about this time when mints around the World saw the commercial potential to market NCLT products in precious metals at very considerable price margins above their precious metal value. This limits the aftermarket price potential of of newly bought NCLT proof products from the Mint.

Proof coins before about 1960 were issued in tiny numbers relative to the huge volumes of modern Mint NCLT proof product.

Proof coins issued before about 1960 do have a legitimate place in my collection, especially so alongside standard issue coins of the same date.

We were way into the new millennium before I started collecting so I had to search and purchase all of mine from other sources other than the mint and can tell you that once you go below 1950 it starts hurting the wallet more and more each time you have to buy one. I stopped at 1942 because I started to get burnt out on them and also my interests had already moved to the Morgans and I just couldn't see paying the amount that the 1936-1941 sets were selling for when I could buy a few Morgans with that money. I am still planning on buying a Morgan proof one day though, but I have to find one I really like when I have the money first. So many of them are plagued with hairlines and I know I wouldn't be happy with that

I do agree that proof coins are really much more than just a coin. They really do look great but as I mentioned before, not if just put in a box and sort of forgotten. With the things the way they are today and so many home invasions, store robberies and just crime as it is, not an easy coin to put out on display. So many of us have proof coins that are just hidden away and looked at once in while, but not shown around to others. Today the average person can't put them in window, can't hang them on a wall, not on a table in any room, not passed around to friends and/or neighbors.
I do open my Albums frequently so any Proofs in those at least gets looked at by me. As to all my Proof sets, I've been considering just giving them away as Christmas presents. Every year I do order excessive amounts of them and give one to each person on my Christmas list. Possibly this year I'll dump all of mine to those same people. I just can't see having a box of something never looked at anymore.
Might be just old age thinking though.

This one was one I had to buy!

Beautiful! 100 years before I was born.

Nor should it ever.