2015 Reverse Proof Presidential Dollar Market

I agree, you have to look at mintage and the number of collectors together.

I am glad I bought these from the mint because I wanted to have them and not because I wanted to profit.

As a collector I think that most of the reverse Proof coins are ugly. When I saw a Truman set, which was the first issue of this series where the mint played games and limited the mintage and availability to give coins to the profit flippers, I was not pleased. I thought that the Truman coin, which was the first of its kind as a reverse Proof "golden dollar," was especially ugly.

A mintage of 25,000 is no big deal at all. If you collect 19th and early 20th century U.S. coins, the number of survivors in collectable condition is often lower than that, even for the "common" dates. Think of it this way. Are there 25,000 collectors who are willing to pay $100 or more for one these things over the long run? I have my doubts.

The trouble with most modern coins is that the collectors have short attention spans. When one of these "rare," "limited issue" coin sets is sold, often to flippers, the lemmings rush to buy them at inflated prices. Once the coins are in everyone's rearview mirror, the "real prices" drop like a stone.

The "acid test" for one of these coins or sets is to see what a dealer will actually pay for them. It does not matter what it says on "The Gray Sheet" or a price guide. If a dealer won't put money on the barrel that is close to those numbers, the "market" for them is a farce. Collectors should be wary of "one way markets" where the selling prices are high, but the buying prices are low or even nonexistent.

I do not hate the reverse proof dollars, but I would not have minded if the 2015 C&C sets had normal proof dollars like the 2013 Teddy and 2014 FDR sets. I wanted the sets for their own sake; not to get the "rare key date" reverse proof, but because I liked the previous sets. The 2013 and 2014 sets also included bronze medals, but the reverse proof was offered instead of bronze medals for 2015. Oh well, what could have been.