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Replies: 80 / Views: 3,148 |
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Moderator
 United States
128395 Posts |
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Pillar of the Community
United States
4060 Posts |
 The Correct Nomenclature ........
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Moderator
 United States
128395 Posts |
Yeah, it is really easy to confuse the two similar words. 
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Pillar of the Community
United States
1288 Posts |
Quote:I read at CoinWorld the US Mint plans NOT to set a mintage limit for the 2023 Silver Proof set with its price tag of $130. The price is high (+$95 over the clad set for less than 1 1/2 ozt of Ag) but I think the no mintage limit is consistent with past year's sets. At least, I don't recall there being a mintage limit on past year's silver proof sets. Is this different than what has been done in the past?
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Pillar of the Community
United States
1167 Posts |
Previously I've ordered three or six sets but with the price of the 2023 set it will definitely only be three. As far as working backwards, I'm back to 2016 so far.
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Bedrock of the Community
 United States
22375 Posts |
Hmm, you have a Looonnggg way to go G.. I hope you can get all the sets you want.
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Pillar of the Community
United States
1167 Posts |
Quote: Hmm, you have a Looonnggg way to go G I'll definitely have a stopping point, I just haven't thought about how far I'll go back. Every now and then when the mood strikes me I'll order a couple of years and I'll see where I end up.
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Bedrock of the Community
 United States
22375 Posts |
My stopping point was 1950
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Pillar of the Community
United States
1167 Posts |
Quote: My stopping point was 1950 That's way out of my reach. I was thinking maybe 2000 and that's a big maybe considering three of each set. This is a side project because I will still be buying the coins I'm collecting now like ASE, Libertad, Krugerrand, etc.
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Bedrock of the Community
United States
11881 Posts |
Quote: @Celtic: I believe that the OP (coinnewcomer1) is asking about the Silver proof SET not the Limited Edition Silver Proof Set. A very late response to this @Dearborn, but you're correct. I confused the OP's intent with the LESPS. I think I will still get one of the regular silver sets. Maybe. I do need to adjust my subscription down to 1. Also I'm getting zero LESPS, if anyone cares.
Edited by CelticKnot 06/11/2023 12:23 am
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Bedrock of the Community
Australia
21184 Posts |
Some would see this as not a good investment, long term. Others would get this set, irrespective of the price.
I guess that is the difference between an investor in their coin collecting hobby, and one who loves their coin collecting hobby.
I guess that most of us are somewhere between these two types of individuals.
I stopped collecting NCLT about 25 years ago. Pricewise, my experience is that most (not all)) NCLT, doesn't do well in the numismatic aftermarket, despite the fancy packaging.
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Moderator
 United States
128395 Posts |
I have an investment portfolio. My coins are not in it. 
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Bedrock of the Community
United States
11881 Posts |
Quote: Pricewise, my experience is that most (not all)) NCLT, doesn't do well in the numismatic aftermarket, despite the fancy packaging. For sure, and in most cases (as you mentioned) that's accurate, in large part due to the quantities produced. As the sage Pawn Stars boys say, anything that's produced with the intention of being collected usually isn't collectible.  But that goes to your other point, many of us collect for the joy of collecting itself, not as an investment. That said, the surging prices of US Mint products has taken a lot of the joy out of it for me. I'm teetering on shifting/narrowing the focus of my collection or abandoning modern US coins completely. Doing so would free up quite a bit of cash flow annually. You know, for trivial things like car payments and college tuition.
Edited by CelticKnot 06/12/2023 12:13 pm
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Moderator
 United States
128395 Posts |
Quote: But that goes to your other point, many of us collect for the joy of collecting itself, not as an investment. 
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Pillar of the Community
United States
4060 Posts |
Celtic, I enjoyed reading your post, It Hits home, on a Few Levels. I collect for the Enjoyment We All Seek and Love in Numismatics. I have learned More in the Numismatic World AFTER Traditional High School College, Night School Learning. I WISH this Topic was Taught in School Growing Up.... I could of Secured My 1955 Double Die Lincoln Cent Much Sooner, Had I Known !!!! I use the Numismatic Knowledge to Invest and Secure My Collections , I collect the U S Mint's Proof and Mints Sets, Have been and I believe I am at the 1941-1942 Sets. I Love the All Original Packaging and Literature.  I too Well be getting or Placing My orders for the 2023 Silver Proof Sets.....  
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Replies: 80 / Views: 3,148 |
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