What Should I Do with Proof Coins?

Discussion of the Gold portion of the Permanent Portfolio

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dualstow
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What Should I Do with Proof Coins?

Post by dualstow »

I understand that proof coins are not recommended for the permanent portfolio, but prior to learning of the pp's existence, I did buy some silver eagles and a golden buffalo (like this) from the U.S. mint, just for fun.

Has anyone ever sold these? Are they treated much differently than regular bullion coins? I mean, if they are in perfect condition, are they worth a standard amount above non-proof coins?

Thanks.
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MediumTex
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Re: What Should I Do with Proof Coins?

Post by MediumTex »

You would need to get them graded and then wait a LONG time for them to be more valuable than a bullion coin.

I would just treat them as bullion and enjoy their extra shininess.
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dualstow
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Re: What Should I Do with Proof Coins?

Post by dualstow »

MediumTex wrote: You would need to get them graded and then wait a LONG time for them to be more valuable than a bullion coin.

I would just treat them as bullion and enjoy their extra shininess.
I'll do that.  8)
I do wish I could just get all my bullion direct from the mint.


Edit: ooh, I see that a 2002 Silver Eagle sold for $85 on ebay. (That's the date of my silver coins).
http://cgi.ebay.com/2002-US-Mint-Proof- ... 0306691378
Seems like a bit much.
Last edited by dualstow on Tue May 03, 2011 9:07 am, edited 1 time in total.
Monstres and tokeninges gert he be-kend, / And wondirs in the air send.
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