In your opinion, are reverse proof coins worth the premium price? I’m torn on whether to invest in more of them

Hey fellow collectors! I’ve been diving deeper into the world of reverse proof coins lately, and I have to admit, I’m feeling a bit torn. I picked up a few last year, including a stunning reverse proof Silver Eagle, and it’s absolutely gorgeous. But with the premiums they command, I’m wondering if it’s worth shelling out for more.

From what I’ve researched, reverse proofs have a unique aesthetic that really makes them stand out in a collection. That contrast between the mirrored field and the frosted design is just so appealing! However, I also know that these premiums can sometimes feel a bit excessive, especially when compared to regular proofs or even uncirculated coins. Are we really paying for the collector’s appeal, or is there a solid investment potential here?

I’m curious to hear your thoughts. Do you think the premium for reverse proofs is justified? Have you noticed any trends in their value over time? Any specific coins that you think are worth investing in? Let’s share our insights and maybe help each other out with our collections!

Great discussion topic! I’ve been collecting coins for over a decade, and I can say that reverse proof coins are definitely a double-edged sword when it comes to investment. The stunning aesthetics you mentioned definitely attract collectors, which is a major plus! However, I’ve noticed they can be hit or miss in terms of resale value. For instance, some limited edition reverse proofs, like the 2014 Silver Eagle, have skyrocketed in value, while others tend to plateau or even drop after the initial hype.

  • Consider the mintage numbers; lower mintage typically adds value.
  • Condition and grading also play crucial roles, so aim for higher grades like PR70.
  • Market trends can change, so keep an eye on current demand for specific coins.
Ultimately, if you genuinely appreciate the beauty of reverse proofs, I say go for it. Just make sure to diversify your collection with a mix of regular proofs and uncirculated coins!

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Thanks for your insights, @NumisNerd88! I hadn’t thought much about the mintage numbers. It seems like understanding the market trends is key. Which specific reverse proof coins do you think are most likely to appreciate in value?

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I personally think reverse proofs are worth the premium! They really do have a captivating look that makes them stand out. The first one I bought was a 2016 American Eagle, and it still takes my breath away. Plus, there’s something to be said for owning a unique coin that reflects light differently than anything else in my collection. I’d recommend picking a few, especially if you love the design.

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Reverse proofs are amazing! However, I think it’s important to also consider how much you’re willing to spend. Sometimes the premiums can be a bit over the top. I’m all for investing, but make sure you’re also collecting what you truly enjoy. Have you checked out the reverse proof offerings from the US Mint? They often release limited editions that are both beautiful and have good potential for appreciation!

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Good point, @SilverStacker91! I try to balance my collection between investment pieces and ones I really love. I’ll definitely check out the US Mint’s site to see what’s available right now.

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I totally agree with you, @CoinCollectorDave! It’s like art in coin form, and having them in your collection adds a special touch. Just make sure you’re okay with the fluctuations in price. What do you think about the newer mintages? Have they lived up to the hype?

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Great question, @BargainHunter45! I’ve found some of the more recent mintages haven’t performed as well as the older ones. It seems like collectors are a bit more hesitant now. I’d recommend sticking to older editions if you’re looking for value!

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As an expert on coin grading, I can assure you that the grade of the coin will significantly influence its resale value. If you’re considering investing, aim for those graded by professional services like PCGS or NGC. I’ve seen some ungraded coins linger in the market for ages while a perfect grade—like PR70—can be sold much quicker at higher prices. Just be cautious, as not every reverse proof will appreciate the same way over time!

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Thanks, @GradingGuru! That’s really helpful advice! I guess it’s better to rely on assessments from certified services—having a good grade could make a huge difference in the long run.

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Honestly, I think reverse proofs are great to collect but can be tricky to invest in. It’s like buying fashion; some pieces will hold value, but trends change. If you love aesthetic and variety, get them! But for long-term investment—maybe focus on classics. Anyone else feels the same?

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Totally agree, @RareCoinFan99! I think they can be more of a passion buy than a viable investment. I own a couple, but I wouldn’t heavily rely on them for financial gain. What might be worth exploring are some of the older, recognized series—those usually have a better track record.

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Thanks for the feedback, @CoinInvestor123! It’s definitely a balancing act of loving what you collect while being conscious of value. Let’s keep sharing our insights on this topic!

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You know what they say—if it were easy, everyone would do it! Collecting is an adventure! So just enjoy the twist and turns. And yes, reverse proofs are like the fancy shoes of coin collecting; nice to have, but don’t break the bank unless you really know what’s in style!

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