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 Replies: 5 / Views: 1,008 |
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New Member
United States
47 Posts |
Hi, I am thinking of selling one of my ungraded sets of the new 2006 W 3 Gold Coin Set, I see everyone is flipping over the Reverse Gold Proof coin. My question is? I paid $5,200+ for the 2 sets, I see coin shows sellling the pr/70 sets for 12K, what is a good norm to sell one raw set? I heard I might get a better value for the raw set. I am going to the Baltimore Md show in Nov, should I try to sell it there, Teletrade doesn't list raw sets, and ebay I don't have the time to wait to get ripped, any ideas of where to sell and a good price? TY Coin Hog |
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Bedrock of the Community
United States
14454 Posts |
the raw ones if they are still sealed in their box from the mint is selling for around 5,000.00 and if they are not sealed (they cant be graded First Strike Which is going to be the money maker on these sets because so many people opened their box and no TPG will First Strike the coins if they aren't sealed) they are selling for around 4,500 which is still a nice little profit for less than 30 days of ownership of a set of coins |
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Valued Member
United States
390 Posts |
CoinHog, ebay has a lot of them and they are all going for about $5,000. Some for more. I would look at the ones that have the most bids and use that strategy. Set a reserve on it so you don't get less than what you want. There are a LOT of buy it now sales, which are just sitting there. Don't know about other shows, though. Bryan, I thought you had to send the unopened package in order to get the 20th anniversary sticker on all three coins? I thought the first strikes were only for coins delivered in the first 30 days (with proof of this), which also has to be an unopened set. I may be wrong, though.  |
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New Member
 United States
47 Posts |
Thanks Guys, what do you think if I would sit on them for a few months or a year do you think I would get fireworks in the price or is now the time to get m y bang for my buck. Ty Coin Hog
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Valued Member
United States
179 Posts |
Hi CoinHog, there's no way to know what the mint will do, but even if there are future reverse proofs, this 2006 will still be the first,and hopefully the usmint won't pad the 10,000 limit on mintage...considering all this, I'd sit on it, even though every single one will be preserved in high grade.Let's face it you have to buy two common relatively highly produced coins in the set just to get the one reverse proof.Like the 1995 ASE W proof, the rest of the set has not appreciated greatly while the "bonus silver" has gone to the sky and is staying there with 30,000 or so existant. and oh by the way, I don't understand the mercenary mentality where a collector (a dealer yes) could receive this set in the box and NOT open it!!! It is a georgous sight to behold. |
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Valued Member
United States
390 Posts |
quote:
Originally posted by fastfords1
Hi CoinHog, there's no way to know what the mint will do, but even if there are future reverse proofs, this 2006 will still be the first,and hopefully the usmint won't pad the 10,000 limit on mintage...considering all this, I'd sit on it, even though every single one will be preserved in high grade.Let's face it you have to buy two common relatively highly produced coins in the set just to get the one reverse proof.Like the 1995 ASE W proof, the rest of the set has not appreciated greatly while the "bonus silver" has gone to the sky and is staying there with 30,000 or so existant.
and oh by the way, I don't understand the mercenary mentality where a collector (a dealer yes) could receive this set in the box and NOT open it!!! It is a georgous sight to behold.
If a dealer gets many sets, they can open one and keep the rest un-opened to get them graded with the 20th anniversary strip on the slab. This, in todays crazy market, adds a lot of value to these coins, and these dealers are in it primarily to make money. Whatever it takes to make more money is what they will do. That is if they know they have to do it this way, and I would think most dealers would know this. I know there are many dealers do this because they love coins, but a lot of them want to maximize profits too. I got my set recently and it had already been opened, so I can look at them whenever I want (but I only have one set). I got a set of the gold and silver yesterday from the mint and didn't realize what it was until I opened the box. But, I have more coming, so I may not open those when I get them. Same with the Silver sets I ordered, but haven't received yet. |
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Replies: 5 / Views: 1,008 |
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Posted 10/10/2006 3:12 pm
