Mint / Proof Sets / Other Sets Or Issues From The US Mint

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Author	Replies: 2 / Views: 1,335
Groszy Pillar of the Community United States 589 Posts	Posted 01/13/2015 7:57 pm In a year or so, I'm thinking of making a couple coin purchases, which at current market values would be worth (at the lowest end) $300 raw, or $450 graded. My question regarding sets, namely mint or proof sets, but including other issues from the US Mint: how good of a short-term investment are they? Since...I'd prefer to purchase the coins with the use of money obtained via an investment of sorts rather than just fronting the money out of pocket, as it is a semi-decent sum. I've heard sets are not good investments, especially when kept intact, but are worth a decent amount more than the initial cost once broken up and sold individually. But at the same time, I've heard that certain sets aren't worth much more broken up than intact. And then comes some sets that I read are worth tremendous amounts more intact, and their values broken up are near worthless. Does anyone have any opinions on the matter? Report this Post to the Staff

cladking Pillar of the Community United States 2270 Posts	Posted 01/13/2015 9:09 pm You can't bust up sets to get coins worth more than the set until the price has collapsed usually. This takes three to twelve years. To do this you'd want to buy the older sets whose price has already decreased. In the year of issue sets often climb quite high and this can continue for a few years. This can be difficult to time. Time don't fly, it bounds and leaps. Report this Post to the Staff
Neo13x Pillar of the Community United States 604 Posts	Posted 01/13/2015 9:14 pm I wouldn't buy a proof or mint set and expect to make a quick profit. Generally you can make more of a profit when breaking up a set and selling the coins individually but if you choose to do that you will have the problem of trying to sell the coins without any added expenses (gas, shipping and or fees) to get a profit. Getting a coin graded may make it easier to sell but it may not make it easier to make that profit since you will have to account for the cost of grading. You can buy a coin in an instant but selling a coin is much harder. Just my Two Cents... Report this Post to the Staff
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