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 Replies: 16 / Views: 3,879 |
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Pillar of the Community
United States
6130 Posts |
So long story short, my wife and I are expecting our first baby in just two short months, and I'm looking at buying a 2014 proof set to give to her when she's old enough to appreciate it (and not crack it open for ice cream money!).
Silver seems to be down quite a bit this year, which makes me wonder if buying the silver proof set is a worthwhile investment. What do you guys think?
I'm also toying with the idea of putting together a 1914 year set so that she will have an accompanying set of coins that were 100 years old when she was born. Obviously I'll be going for the cheaper coins (no '14-D cent or "14-P half!). What's a fair price for the set, and is it better to go for the whole set (I saw one in the neighborhood of $40 the other week), or buy the coins individually and put them together myself?
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Pillar of the Community
United States
624 Posts |
Go with the Silver... why cut corners? The packaging of the Silver and the quality of the coins are worth the modest difference in price. In neither case will the coins have significant (monatary) value...
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Pillar of the Community
United States
4901 Posts |
Agree with the silver choice....nice set and who knows where silver will be in 20-30 years...probably better off than a clad set will be
You could even go all out and wait for the "LE proof set" a month later
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Bedrock of the Community
United States
17884 Posts |
The silver sets tend to hold their value better than the clad ones do. Also on the 1914 set this isn't something the child has to be given this year,so I would reconsider passing on those keys. I would see this as something you would want to give them that would have a chance of growing in value over the years and you have a much better chance of growth from the keys than just giving them commons. Start small and just keep adding to it. You have years to build that set.
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Valued Member
United States
368 Posts |
i think getting the silver one is better because the silver is going to appreciate in value over time. also maybe you should get a 2014 ASE |
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Pillar of the Community
United States
3755 Posts |
Why not both? And the mint set as well. Those are the three main sets.
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Pillar of the Community
United States
7189 Posts |
Silver set by far is your best choice.
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Pillar of the Community
United States
1300 Posts |
Get it all! I did the same for my kids and there birth years even went as far as getting pcgs coins for them!!
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Pillar of the Community
United States
2734 Posts |
Absolutely Silver for the long haul. Even today's "down" spot silver value is still a lot higher than it was ten years ago.
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Pillar of the Community
United States
1817 Posts |
The 2014 silver proof set for sure over the clad proofs. If you really want to give her a set of 2014s you might consider adding at least one of the bullion 5oz. ATB coins or all five. Your 100th pre-annie set is fairly intriguing. I'd look for high grade examples XF-AU raw that have good eye appeal, though the cent and Buffalo nickel should be MS60 minimally. The half will be expensive but when put together it'll be something to treasure. To go really deep on this set you could add the four gold coins, all '14-D's, none of which are numismatically rare and like the earlier poster said you have time to assemble this set as funds permit. Then when you have all nine coins you could commission a custom Capital Plastics coin holder and present it to your daughter on her 21st or other milestone. |
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Bedrock of the Community
13014 Posts |
The silver sets just look more impressive which is one of the reasons why people like them. Dont worry about future value, neither are investment vehicles and unless they have an unexpected low mintage neither is likely to gain significant if any value. Its even less likely silver goes higher or stays there long term. Just enjoy them for what they are and as a celebration of your childs birth
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Pillar of the Community
United States
927 Posts |
Go for the silver proof set and a proof ASE also. Both are very impressive. For building a 1914 set, you should get each coin individually. It is a lot more fun to hunt them down. |
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Valued Member
United States
461 Posts |
I am a big fan of silver. I'd go with the silver. I will do both sets for my boys. You could also add a 2014 ASE and the commemorative dollars too. I'd go for f-vfs in the 100 year old set so they can handle them and hold them. |
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Pillar of the Community
United States
814 Posts |
I was going to do the exact same thing as the OP for when my daughter was born back in October, except I was considering the CuNi uncirculated mint sets (I really don't do proof coins unless I find them in circulation). The guy at the LCS steered me toward a 2013 ASE instead, which I felt was a wise decision. Bought it in a "Baby's First Silver Dollar" plastic case. She also got one from my in-laws for Christmas, in a different Christmas case. I work as a bank teller, so it would be pretty effortless for me to put together a 2013 set from circulation anyway, with the exception of the Kennedy half, and the Pres and Sac dollars. And congrats! |
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Pillar of the Community
United States
997 Posts |
I actually prefer the Clad sets since they are more representative of the actual coins in circulation, which is what Proof coins were originally intended to do. Silver hasn't been used in real coins for over 40 years.
While I would prefer that they have Proof Sets from the two actual Mints producing circulation coins (Denver and Philly), at least the Clad sets are the actual composition used in real coins.
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Pillar of the Community
United States
1748 Posts |
I'd go with the cupronickel clad proof set. I have sets all the way back to 1999 and they look like new still in 2014. My silver sets started to get the white fog tarnish within 3-4 years. I hate to say it, but cupronickel clad is a superior coining metal to silver...also it's the metal the US mint is used to now.
Edited by DoubleEagle20
01/05/2014 11:58 pm
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Replies: 16 / Views: 3,879 |
Posted 01/02/2014 3:47 pm
