2016 Coin & Chronicles Set - Ronald Reagan

Am I the only one thinking there maybe an opportunity with this set? Even in the short term, it seems it could be pieced out at a small profit, to say nothing of chances should you happen into a PF70 coin.

Here's what it includes:

Presidential $1 Reverse Proof Coin
American Eagle One Ounce Silver Proof Coin
Bronze Medal - 1&1/2 inch Ronald & Nancy Reagan
$68.95 direct from US Mint (16PA)
As of 01/22/2017 the Mint's figures show 40,511 sold. Mintage is limited to 150,000.

So, what's it worth?

The ASE proof is the easiest one to price. It's the anniversary proof with the edge lettering. Already these are going for $45-50 on ebay even ungraded. PF70 graded (mostly first strike, early release, blah blah) are well over that at $150. If you luck out and manage a PF70 you could double your purchase price, even after grading, and still have the other coins. Let's call it $40 for estimation purposes...

This leaves us $28.95 in the hole. Call it $35 if you want to account for S&H costs from the mint.

Let's look at the reverse proof next. This set is the only way to get the Reagan reverse proof. On ebay these are going for $25-35 currently. Again, PF70 graded are commanding premiums.

That makes an immediate resale pretty close to a break even proposition, and we're still holding the bronze medal. There's a wide range of pricing on recent sales, but generally $5-15. Whatever we call it, it's pretty much pure profit, but this is clearly the least desirable of the three pieces.

So it seems to me, you could likely buy and flip this set piecemeal at a small profit, with at least two chances at lucking out on a PF70 and roughly doubling your money. How the RP and Medal do in value over time is a question, but I think the RP's novelty and relatively low mintage give it some potential.

Of course, I haven't accounted for grading costs, nor shipping and transaction costs, and "First Strike" designation has closed, but those are likely only factors should we seriously attempt a quick flip. The decision to grade or not can be better reached after taking delivery and checking out the coins.

I'm not quite sure about the long term value here, but Reagan was a popular President whom many hold a fondness for, and those born during his administration may not have entered collecting in the numbers that could come. Reverse proofs are also just plain pretty, and despite increasing issues relatively rare. Could this wind up being a key or semi key to a Reverse Proof set? At a max mintage of 150k, it seems like it's got decent chances to appreciate.

Mostly, I think this is an exercise in convincing myself to pull the trigger.. heh

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