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-   -   Silver Proof Sets (http://goldismoney.info/forums/showthread.php?t=201827)

layria 11-17-2007 12:29 PM

Silver Proof Sets
 
I have a complete set of ASE Proofs in the original mint boxes, but have been considering getting a graded set. I have the option of 2 different sets, and since I am not real familiar with the graded coins yet, thought I would ask your opinions.

Set 1 - PCGS all DCAM 69's, includes 1995-P, no 1995-W or 2006 RP for $2115

Set 2 - NCG all Ultra Cameo 69's, includes 1995-P, no 1995-W or 2006 RP for $1500

I know that NCG has lost a little prestige lately, but is the PCGS set worth the extra $600. I do not intend on trying to turn these around for a quick profit, they are for my own collection and I intend to hold them for some time.

Which set will have the better Numismatic value over time?

Master_Ho 11-17-2007 05:01 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834382)
I have a complete set of ASE Proofs in the original mint boxes, but have been considering getting a graded set. I have the option of 2 different sets, and since I am not real familiar with the graded coins yet, thought I would ask your opinions.

Set 1 - PCGS all DCAM 69's, includes 1995-P, no 1995-W or 2006 RP for $2115

Set 2 - NCG all Ultra Cameo 69's, includes 1995-P, no 1995-W or 2006 RP for $1500

I know that NCG has lost a little prestige lately, but is the PCGS set worth the extra $600. I do not intend on trying to turn these around for a quick profit, they are for my own collection and I intend to hold them for some time.

Which set will have the better Numismatic value over time?

IMO - if you EVER decide to sell and want the most bang for your buck.......PCGS.

And before the stupid attacks start - cause they always do - check EBay and APMEX and see if PCGS doesn't ALWAYS (95% at least) get a higher premium!!!!

I said - IMO - but the fact is - its a fact!!!

Now - let the non-numismatic experts let loose on me! :wink:

Cheers!

TomD 11-17-2007 05:22 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834382)
I have a complete set of ASE Proofs in the original mint boxes, but have been considering getting a graded set. I have the option of 2 different sets, and since I am not real familiar with the graded coins yet, thought I would ask your opinions.

Set 1 - PCGS all DCAM 69's, includes 1995-P, no 1995-W or 2006 RP for $2115

Set 2 - NCG all Ultra Cameo 69's, includes 1995-P, no 1995-W or 2006 RP for $1500

I know that NCG has lost a little prestige lately, but is the PCGS set worth the extra $600. I do not intend on trying to turn these around for a quick profit, they are for my own collection and I intend to hold them for some time.

Which set will have the better Numismatic value over time?

Why not send your coins off for grading with PCGS?

Master_Ho 11-17-2007 05:27 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by TomD (Post 834610)
Why not send your coins off for grading with PCGS?

Good point - I wondered that too - I just assumed they'd been handled a bit! At roughly $15 per coin, it would sure be a lot cheaper!

layria 11-17-2007 08:05 PM

Re: Silver Proof Sets
 
The main reason I didn't send in my Mint Proofs is that I don't know how to go about submitting them. And I don't know anyone in my area that is into that kind of thing. I am real new to anything that is graded. I have mainly bought directly from the Mint in the past or picked up bullion online or through Ebay.

I have only recently gotten interested in the Numismatic side of the coins. Up until now I have mainly bought for the value, or occasionally because I just liked how something looked.

My favorite purchase to date is my complete collection of 1oz and 2oz Silver Australian Lunars, they look so beautiful in their cases.

Master_Ho 11-17-2007 08:22 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834782)
The main reason I didn't send in my Mint Proofs is that I don't know how to go about submitting them. And I don't know anyone in my area that is into that kind of thing. I am real new to anything that is graded. I have mainly bought directly from the Mint in the past or picked up bullion online or through Ebay.

I have only recently gotten interested in the Numismatic side of the coins. Up until now I have mainly bought for the value, or occasionally because I just liked how something looked.

My favorite purchase to date is my complete collection of 1oz and 2oz Silver Australian Lunars, they look so beautiful in their cases.

I completely understand - and its intimidating if you don't really know what you are doing, as we all did (or didn't) at one time........but you could check out PCGS's site (PCGS.com) for information and you can call them to ask questions.........if you join you get 8 coins graded for free (well, cheaper if you consider your membership as a grading fee) and then pay for the rest.....still, Tom D's suggestion is excellent and a LOT cheaper than buying new sets.......leaving you some left over for other purchases.

And yes, I have all those lunars in silver in both 1 & 2 oz sets.........the one ounce sets look even nicer in their red-velvet boxes!!! Trying to find boxes for the 2 oz sizes but its hard to find.

I like the new Series 2 mouse coins in silver even better!

layria 11-17-2007 08:45 PM

Re: Silver Proof Sets
 
I found the case for my 2oz Lunars here http://delriocoin.com/pg4a-AusLunar.html
It is just like the case for the 1oz Lunars just a bit bigger.

I will go to the PCGS site and see what I can find out. Thanks for the suggestion.

Quote:

Originally Posted by Master_Ho (Post 834817)
I completely understand - and its intimidating if you don't really know what you are doing, as we all did (or didn't) at one time........but you could check out PCGS's site (PCGS.com) for information and you can call them to ask questions.........if you join you get 8 coins graded for free (well, cheaper if you consider your membership as a grading fee) and then pay for the rest.....still, Tom D's suggestion is excellent and a LOT cheaper than buying new sets.......leaving you some left over for other purchases.

And yes, I have all those lunars in silver in both 1 & 2 oz sets.........the one ounce sets look even nicer in their red-velvet boxes!!! Trying to find boxes for the 2 oz sizes but its hard to find.

I like the new Series 2 mouse coins in silver even better!


Master_Ho 11-17-2007 08:55 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834847)
I found the case for my 2oz Lunars here http://delriocoin.com/pg4a-AusLunar.html
It is just like the case for the 1oz Lunars just a bit bigger.

I will go to the PCGS site and see what I can find out. Thanks for the suggestion.

And I have emailed them - I don't see how to order on their site - but thanks SO much!!!

Ho

Master_Ho 11-17-2007 09:28 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by j-son (Post 834876)
delriocoin (paul)

He is a stand-up guy....tell him i sent you and he'll give you a good deal.


Jason


I just got an email from him and gave him the link to this thread!

Ho

layria 11-17-2007 09:30 PM

Re: Silver Proof Sets
 
Have any of you sent Mint encapsulated Proofs in to PCGS to be graded?

Just wondering how I could get any idea of what the average Proof from the Mint would grade out at. I have looked at some graded coins over at the one Coin Store here in town, don't buy there often as he's way overpriced, and quite frankly I do not see any difference in the 69's and 70's except for price.

Just wondering as to what everyone else's experiance has been and how you decide what to have graded.

Master_Ho 11-17-2007 09:56 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834901)
Have any of you sent Mint encapsulated Proofs in to PCGS to be graded?

Just wondering how I could get any idea of what the average Proof from the Mint would grade out at. I have looked at some graded coins over at the one Coin Store here in town, don't buy there often as he's way overpriced, and quite frankly I do not see any difference in the 69's and 70's except for price.

Just wondering as to what everyone else's experiance has been and how you decide what to have graded.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>
I have - tho mostly both proofs and regular business strikes (or uncirculated) and the difference between MS70 and MS 69 is incredibly minor - but the fact is -under a microscope - a MS69 has a tiny something a MS 70 does not.<o:p></o:p>
<o:p></o:p>
I had something come back under a MS 70 - neither my dealer friends nor I could see why - even with my magnifying goggles I couldn't see it.......but when I lowered the loop that comes with it - there was the tiniest little pit - it disappeared unless one had the equivalent of a microscope.<o:p></o:p>
<o:p></o:p>
But as to what you have graded - for me - it hinges on whether there is a substantial difference in price if there is. I have platinum from 1997, its first year, and it was once touched once. When I saw that the coins were getting a higher premium if they were graded - and a friend pointed out it was probably an MS 68 or 69, we figured it was worth grading.<o:p></o:p>
<o:p></o:p>
Now - to be sure - some here will go on long tirades about how people are fools to pay extra for graded coins - but first of all, most of then are NOT into numismatics (they have opinions but not based on actual experience -not all, but many of them).....and second, if you are going to sell, graded coins - and especially those graded by PCGS, and to a lesser extent NGC, get more money because people can buy them in confidence that the grade is what it is.<o:p></o:p>
<o:p></o:p>
I get mine graded cause I figure, one day - even if long down the road - I will want to sell and they will be ready - I won't have to wait for grading or lose what I MIGHT get on a coin cause the grade posted is MY opinion and not a good third-party grade.<o:p></o:p>
<o:p></o:p>
Hope that helps.<o:p></o:p>

layria 11-17-2007 10:31 PM

Re: Silver Proof Sets
 
Thank you Master Ho for your information.

I don't see much use in getting the business strike bullion that I hold graded. I bought most of that just to hold value and have in case TSHTF and our economy hits the skids.

I do not plan on having much graded, just my Proofs and a maybe a few specialty coins that I have. Anything I get graded will be mainly for my own personal gratification and viewing pleasure and are items that I don't ever plan to sell unless push comes to shove.

Master_Ho 11-17-2007 10:43 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by layria (Post 834974)
Thank you Master Ho for your information.

I don't see much use in getting the business strike bullion that I hold graded. I bought most of that just to hold value and have in case TSHTF and our economy hits the skids.

I do not plan on having much graded, just my Proofs and a maybe a few specialty coins that I have. Anything I get graded will be mainly for my own personal gratification and viewing pleasure and are items that I don't ever plan to sell unless push comes to shove.

I understand and totally agree..........I DID get my 5 20th Anniversary sets graded - but they are special - and I have a set of Silver Eagles registered with PCGS and have one of those graded each year for that.......the rest has been Morgans or gold coins........right now I am waiting to see the results of a grade on two sets of Jefferson spouse 1/2 ounce coins - in proof and uncirculated.......

But I have a green monster box put away that I wouldn't bother with........

Master_Ho 11-18-2007 11:36 AM

Re: Silver Proof Sets
 
Quote:

Originally Posted by naccarato (Post 835207)
My opinion? This grading of Silver American Eagles is a bunch of bull-ion.

:fight:

I am having a Deja Moo - the feeling that you've heard this bull before

Master_Ho 11-18-2007 03:32 PM

Re: Silver Proof Sets
 
Quote:

Originally Posted by naccarato (Post 835372)
I knew when I came back in from raking leaves you would catch my post.:laugh_m::laugh_m: Just kidding.

You knew I was going to wake up in the middle of MY night - be unable to sleep and respond to your post????

What are this week's lotto numbers????? I beLIEve you have the power!!!!

((Now I am having a case of Deja Phew - that feeling that you've smelled this bad odor before!! :wink: ))


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