Who Buys A Full Set of - Perth Mint Kooks?

Discussion in 'Silver Coins' started by excalibur, Jan 20, 2015.

  1. excalibur

    excalibur Member Silver Stacker

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    It seems that trying to sell a full set of 1oz Kooks is not that easy?
    I have seen Stackers put them up for sale recently with NO results?
    I have a few, including sets with original square capsules.
    What are the thoughts on this?
    Are people after rolls of certain years VS full sets?
    Also thinking of exit strategy for FULL Kook sets.
    Cheers
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Quite a few people picked up partial sets during the remints so many people interested in the sets are only looking for half a dozen to complete their own sets.
     
  3. yrh0413

    yrh0413 New Member

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    not sure about the others but I find it more enjoyable hunting for individual past releases... the joy of hunting high and low to fill up that empty slot in your collection. :p
     
  4. bull_bear

    bull_bear New Member Silver Stacker

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    I've noticed that often the full set is priced higher than buying the individual coins, but when you buy a roll you get a 'bulk buy' discount to individual coins.
    I think this is why sets dont sell well.
    (as well as other posts above)
     
  5. excalibur

    excalibur Member Silver Stacker

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    Thanks for the replies.

    I agree with the above posters.

    It was fun putting the sets together. I was hoping for all the effort required they would command a premium in the future.

    I was trying to establish an effective cash out strategy for say 10 years time - 35 Kooks in each set by then!

    So a more successful selling strategy would be to list coins individually?

    If so, that could be a bit time consuming with a few sets to sell!

    Perhaps stopping the sets now at the 25 year anniversary is more prudent, and just buy a roll each year from 2016 kook onwards?

    Any thoughts?
     
  6. motorbikez

    motorbikez Member Silver Stacker

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    Depends where you are selling, I've noticed complete sets of most coins sell very well in Germany.
     
  7. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    There is usually one very popular coin in each series, or one with a particularly low mintage (unless they decide to rem int them), I would just try and concentrate on getting those at a decent price.

    That and buying a roll of each new coin as it comes out, as you say, you get a discount for buying them in bulk and you can then sell them individually at a mark up, plus you save time having to search for the harder to find ones.

    I stopped chasing sets a while back, it is fun but you can get 90% of them at a decent price but you pay waaaaay too much to get the last few, just so you can say you have a full set!
     
  8. goldpelican

    goldpelican Administrator Staff Member

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    Gah - you're giving away coin investor secrets!!! Collect key dates, not complete sets :)

    That's why my Australian florin collection consists of Melbourne Centenary florins, and nothing else. I'm researching at Indian Head cents here in the US - only three to collect, 1877, 1908S and 1909S. The 1908S is the likely sleeper - third lowest mintage, but not considered "key", so still cheaply available. Still researching them.
     

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