Further Appreciation - Buffs and Prosperity?
 

I bought a Prosperity Set and a 1/2 oz Proof Buffalo from the Mint last year for investment purposes, and a 1/4 oz unc. buff.

They've appreciated nicely, to the point where I'm wondering if I should sell now (take the money and run, pretty much), or if people think they'll continue to appreciate in value and therefore be worth holding for a while longer.

Just looking for opinions . . . and I'm old enough to realize that everybody has one, and that nobody has any crystal balls.

Re: Further Appreciation - Buffs and Prosperity?
 

If you have all the rest and they are part of a set - NO.

If you have enough gold and silver put away - NO.

If you want to "take advantage" of a POSSIBLE fad (and it is one!) - YES.

YES - ONLY If you TRADE into more GOLD or SILVER (whichever you think will perform best). I'm partial to silver right now and glad I did not trade a while back.

D Y O D D (study, think, plan, have a VISION for the future)

http://www.gold-eagle.com/editorials_08/ash032610.html

Re: Further Appreciation - Buffs and Prosperity?
 

Sell and buy bullion, let the carps hold the perceived collectors value bag.

Re: Further Appreciation - Buffs and Prosperity?
 

I like to think that different baskets have their place for any of the UNKNOWN things the GOVY may do.

Bullion GOLD SILVER PLATINUM
smaller gold silver and platinum coins too

Carpy Slabs GOLD SILVER PLATINUM
in many different styles but BIG is nice too

Mint Pkg GOLD SILVER PLATINUM
Commemeratives too GOLD SILVER

USA SAE = monster boxes
USA Silver Dollars
USA 1000 bags of old JUNK silver

Bars SILVER 10 & 100
IRAS GOLD SILVER PLATINUM

Many different baskets like little Red Riding Hood for fending off all the wolves
in the forest, jungles, and cities....

Now where's MY RUN FOR THE HILLS smilie?


I do like my PROSPERITY SETS the BOXES are somewhat fancy....:yippee:

Re: Further Appreciation - Buffs and Prosperity?
 

Actually some of us DO have crystal balls..........a lot in fact.........but tht has no bearing on anything - my opinion - hold them!! (Unless you absolutely NEED to sell!)

Re: Further Appreciation - Buffs and Prosperity?
 

I say go ahead and sell them since you stated that you bought them for investment purposes and you have a nice gain on them. Go ahead and sell them and lock in the investment gain.

BTW: I used to have a crystal ball but it has been broken for a very long time. Currently, I rely a lot on my "gut feeling" but that has not been very reliable so far since I have been a member of GIM. :biggrin:

Re: Further Appreciation - Buffs and Prosperity?
 

I would sell the 1/2 oz. eagle part of the pros set first since it's value has peaked on the greysheet, split the set up but keep the packaging. I would hold the 1/4 oz. unc. for my kids or grandkids.

Re: Further Appreciation - Buffs and Prosperity?
 

LOL - I forgot you had crystal balls! Now that I think of it, I have a couple around the house myself . . . it's just that they don't do me much good when it comes to decision making.

I really hate it when both alternatives have much in their favor. I can see benefits in both holding and selling - which I guess is why I decided to ask what other people thought.

Re: Further Appreciation - Buffs and Prosperity?
 

You know I have a few of those sets and did not realize that the 2008 MS 1/2Eagle was that big of a deal. I see so many folks in coin world wanting to BUY the 2007 platinum sets that we could have stole from the govy cheap that I would never break up the sets.

Keep what you got, and try to buy MUCH MUCH more....
:bull-smile:

Re: Further Appreciation - Buffs and Prosperity?
 

I kept seeing that 1/2 oz Eagle being called a "dog", but it's not acting like a bad dog at all from what I see. I'm still kicking myself for having ordered two Prosperity Sets and cancelling one of them before it shipped. Only reason I cancelled it was to buy the buffalos, though, so I probably shouldn't kick too hard. Hindsight is so wonderful - if I'd only known then what I know now, I'd have bought three of those sets and the buffs too.

I started buying just bullion, but when Cashback was so high last year I bought slabbed coins for the same price as I'd have paid for bullion. Now, I'm thinking some of those slabbed pieces would bring a premium and then I could buy more bullion with the "profit".

Then again, I just bought a new used car (a phrase which never sounds right but is appropriately descriptive when you buy a car that's new to you but just happens to have 15K miles already on it), and the old bank account looks bad. Since I haven't yet become used to the notion that it's better to have less cash if one has more metal . . . well, you can probably read the rest of the scenario from that. DH worries more about the bank account and I worry more about the metal.

There sure is a mighty pretty black Chevy Impala parked in the driveway now, though - and having someone else eat the $12,000 in depreciation between that one and a brand new one seemed like a pretty good 'score' in my favor. The other car we have is a Prius that I hate but love the mpg it gets.

Finances give me headaches.

Re: Further Appreciation - Buffs and Prosperity?
 

Maybe you need to shake them harder..................











:biggrin:

Re: Further Appreciation - Buffs and Prosperity?
 

Maybe . . . or perhaps flip a coin?