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Complete Set Of PF70 Proof ASEs....need Enlightenment

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unholyroller's Avatar
United States
1903 Posts
 Posted 06/12/2013  10:33 pm Show Profile   Bookmark this topic Add unholyroller to your friends list Get a Link to this Message Number of Subscribers
I saw a set proof ASEs for sale, all PF70s from 1986 to current (27 coins) advertised at $12,999.95. Are PF70s really worth on average over $480?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/12/2013  11:30 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Are PF70s really worth on average over $480?


Not to me they aren't.

1995-W in PR70 is worth more than that alone. I'm guessing there isn't one in that set.
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basebal21's Avatar
13014 Posts
 Posted 06/12/2013  11:50 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
On average probably. The brand new ones are worth like 100 max with how many there are but the older ones can fetch BIG money
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United States
102 Posts
 Posted 06/13/2013  12:49 am  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
Are PF70s really worth on average over $480?


NGC price guide (Numismedia) for 1986 through 2012 not including 1995W and special sets shows just a tad less than $14,000. If you patiently waited and acquired them individually, you might be able to buy the whole set for $10-12,000. You may end up having to pay a bit more for some of the rarer ones, but you can definitely beat that retail price on the more common ones. As I see it, buying the whole collection as a package should cost you less, not more. First, you are losing out on the experience of the quest. Second, the seller gains time and money by not having to market, sell, and ship each coin individually.

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muddler's Avatar
United States
7189 Posts
 Posted 06/13/2013  02:50 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Not worth it to me. I'm happy enough with my set in original government packaging.
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Doug58s's Avatar
United States
899 Posts
 Posted 06/13/2013  06:36 am  Show Profile   Bookmark this reply Add Doug58s to your friends list Get a Link to this Reply
No.
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dave700x's Avatar
United States
10625 Posts
 Posted 06/13/2013  07:49 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I'll put my money elsewhere.
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Conder101's Avatar
United States
17884 Posts
 Posted 06/13/2013  12:37 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Not worth it to me. I'm happy enough with my set in original government packaging.

That's how I'd want them if I was building a set.

But if you HAVE to have slabs, buy 69's. For all practical purposes no one can tell the difference unless they read the labels and it will cost you a fraction of what the 70's would cost. And when you consider that if you were to crack out the 70's and resubmit them, probably at least half of them would come back as 69's, why are you busting your budget to buy 70's?
Valued Member
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102 Posts
 Posted 06/13/2013  1:10 pm  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
And when you consider that if you were to crack out the 70's and resubmit them, probably at least half of them would come back as 69's, why are you busting your budget to buy 70's?


More importantly, why are busting out a 70 only to re-submit it?
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basebal21's Avatar
13014 Posts
 Posted 06/13/2013  5:26 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
More importantly, why are busting out a 70 only to re-submit it?




That was my thought as well.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 06/13/2013  6:30 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Yeah, I kind of thought busting 70's out would be counter productive too. LOL

Yes, they are in that neighborhood value wise. Could you pull it together one at a time for a bit less as pointed out? Yep. But if you were not patient and really were not worried about the hunt (I mean these are slabbed modern coins. Aside from finding something clearly not a 70 in the slab, there really is not a lot of hunt involved here) then that would not be a horrible deal. You would be paying a bit more for the convenience of getting them all at once.
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United States
48 Posts
 Posted 06/14/2013  05:32 am  Show Profile   Bookmark this reply Add HarveyJMartha to your friends list Get a Link to this Reply
To me that's an outrageous price. If you hunt for the coins individually, you will save a lot more. However, if you know someone who is up for building a quick collection and is willing to pay a whooping price to acquire the entire collection at once, you can earn a good deal for yourself.
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justin3651's Avatar
United States
621 Posts
 Posted 06/14/2013  05:33 am  Show Profile   Bookmark this reply Add justin3651 to your friends list Get a Link to this Reply
another way to look at it is you should get a discount for making such a large purchase at one time, you are doing the seller a solid as they don't have to take all the time it would take to sell them individually.
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United States
3789 Posts
 Posted 06/15/2013  01:07 am  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
couple things-

1- I don't think that price makes it worth it. I bet if you were to stalk each one, such as ebay and bid on them, piece by piece you would get a much better price

2- I do appreciate graded coins. I think its valuable that they are graded. However, for some reason, I cant seem to purchase any graded coins, its like a turn off for me. I think, like with the silver eagle proofs, I think the slab is a total turn off for me. I like silver eagles in their velvet case with COA,, all together.
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M0nks's Avatar
United States
1770 Posts
 Posted 06/17/2013  6:52 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
definately not worth it, I'm also happy with my OGP eagles
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Conder101's Avatar
United States
17884 Posts
 Posted 06/18/2013  12:49 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I think you folks missed my point. You are paying a BIG premium for "70's" which, if the TPG were to look at them again, half of them would not be "70's". So save a lot of money and buy 69's because half of the 70's are 69's anyway.
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