I have a dilema.

[Chester-Copperpot]

Here is an auction on Ebay that I have been watching and it has got me thinking about a lot of options.
http://offer.ebay.co.uk/ws/eBayISAPI.dll?ViewBids&item=170578462603

I recently traded 22 SAE's for this set and it has turned out to be a great deal. Actualy I traded 21 coins for 21 Kooks 1990 to 2010 and bought the 2011 Kook to complete the set.
Looking at this auction I'm very tempted to sell them at close to this price and buy one full ounce gold coin or just invest all the money back in to silver bullion.
Heres the question I have. Will this set demand more than this in the future or is it best to cash in now and reinvest.
It will be hard to let them go as they are by far the prettiest coins I have but money talks and as pretty as they are I'm more in to bullion than numismatics.
What is the better long term investmant here?

[WhyKnow]

FWIW, I consider myself average. Right now I am more interested in kookaburras than gold. I think now is a good time to sell them if my past is any indication. However, right now, I am biased toward the Kooks.
Great predicament.

[Nickelless]

How much money will you lose in transaction costs and/or trade value? Why not just hold them indefinitely? And as far as trading silver for gold, I think holding silver is a no-brainer. The gold-to-silver price ratio is down to a little over 47 at the moment, but silver is at barely one-eighth of its 1980 peak price adjusted for inflation and I think it's safe to say that silver has a much higher upside potential than gold does in terms of a percentage gain. Besides that, silver is much more fungible than gold and was in common circulation until 1964. Gold hasn't been in circulation as currency in the lifetime of anyone younger than 77. Bottom line, you can't go wrong just buying and holding silver in any form.

[earplugs]

Here is an auction on Ebay that I have been watching and it has got me thinking about a lot of options.
http://offer.ebay.co.uk/ws/eBayISAPI.dll?ViewBids&item=170578462603

I recently traded 22 SAE's for this set and it has turned out to be a great deal.

cool story, bro

[Another]

I wondered who bid that...

As a semi-modern collectible I bid on the set myself from about $800 to $1100.
I would keep the set and maybe even slab it.

But, there are as many opinions as there are posters, right?

Silver has a better chance then gold for the next year, there is no way, I would trade off silver for gold right now. Wait for a 30 to one ratio if you want gold. Trade bullion not semi-numis collections.

[silverblood]

That is a nice set, but the price is pretty high. Since the seller went to the trouble of putting them in matching 41mm holders, I wonder why they didn't have them slabbed and graded?

[Chester-Copperpot]

I'm leaning towards selling the set and investing the rest back in to silver. I could buy back about 51 ounces in silver for only selling 22 ounces. The set is a great set but I think in the long term the 51 ounces of bullion will probably end up worth more than the set.

[booty]

I'm leaning towards selling the set and investing the rest back in to silver. I could buy back about 51 ounces in silver for only selling 22 ounces. The set is a great set but I think in the long term the 51 ounces of bullion will probably end up worth more than the set.

Trade them for the silver bullion. After silver spikes and premiums on kooks drop you may be able to trade 30oz of silver to obtain the kook set again and have pocketed 20 oz of silver in the process.

[chinmusic]

Selling numis is very different from selling bullion. It often is an eye opening experience as to what you are actually able to get in return. After you do it several times you tend to have a more realistic understanding of what the market value of what you collect really is.

This seems like a flip to me, so your emotional investment in the kooks is pretty limited. If you can come out ahead in bullion I would do it.

[HistoryStudent]

That is a nice set, but the price is pretty high. Since the seller went to the trouble of putting them in matching 41mm holders, I wonder why they didn't have them slabbed and graded?

Well it cost around $16.00 per coin plus shipping insurance both ways and a few extra costs so that the set would be:

around $450 to slab. Or more.

I just bought a similar set to keep long term - the DW raises parrots and has for 50 years. And she really likes the 10 slab ones so I bought her the set.

Also:
When you compare these to the US Mint ones they are really well done.
However.


Remember BULLION junk silver is not a possible modern collectible. I see a definite absolute trend demand shift moving from pre-classic 1964 precious metal NUMISMATIC coins into MODERNS made from around 1986 forward just because of affordability and the OLD STUFF like YOUR'S TRULY have matured too much in price to buy the GEMS.

Read that above again. It will make you really want to read Eric Jordan's book "Modern Commemorative Coins" again and again and did I say AGAIN? It's the best book I can recommend to any level of collector.
He has a wonderful strategy and the absolute best recommendations on how to PLAY it too.

I know this ABOVE from experience. Frankly there are many ways to make moderns into slabbed collectibles. Also remember that over the last 220 years there have been many coin collectors including past presidents like John Adams and Teddy Roosevelt. Even Joseph Stalin allowed the collectors to keep their coins in the great purge. So if you plan right it will leave quite a legacy for you to enjoy. So first collect because you love the art, history, and value. Separately, Accumulate bullion for the preservation of wealth. And third have many baskets for diversity.

Look and pray for WISDOM too. We voted in change and we got it in SPADES!

[silverblood]

Thanks for the explanation HS, and for the elaboration regarding bullion and modern collectibles. You've mentioned that book by Eric Jordan a few times. I found it on Amazon, and I'm going to go ahead and get it.