Pocket Change

I've always been of the impression that those who collect F/VF/XF sets are "collectors". When you consider your remark above and also how we've read so many times how dealers and others will under-grade what you have (even if it's in a slab), I feel sorry for anyone trying to sell mid to higher grade circulated coins in the next few months.

If you're a collector (looking for F/VF/XF/AU late 19th/20th century) and have a nice secure financial situation, the next patch of time should provide unusual opportunities.

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zaneman

I think nearly all modern issues are going to take a major hit in value in the near future, and I believe have already started to do so.

asciibaron

the only set i need is the 1999, and i'm willing to wait 3 years for it to drop to the value of the 2000.

-Steve

MattMpls

Based on mintages, the 1999 silver set is in the middle for the state quarter years. It had a mintage of just over 804,000 sets. It's red book value is $400. By comparison the 2000 silver set had a mintage of just over 965,000 and is valued at just $35. Most of the other years fall in line. To me the 1999 set is way overvalued and has to crash. The television coin shows are doing their best to keep the hype going but it can't last. Look at 1973-S Eisenhower silver proofs for example. They once were worth $125 (in 1970's money) and can now be had for a small fraction of that. The hype will go away. I just don't think they're rare. For the same money you can buy a 1952 set with a mintage of just 81,000! that to me has more upward potential. i need a 1999 silver set but will buy one when it's $50 in a few years after the state quarters are old news.

cuzzx

so from what i'm reading hear is that i need to buy all the 2009 silver proof sets that the mint puts out because of the changing coins.

have to go see my banker tomorrow, because i will sale most at a big profit and hold onto around 100 for years down the road, hope i don't die.

skippy

Well after all these years of waiting it out, I finally did buy the 1999 9 piece clad proof set, with the box and COA paper work, this week for $38, if you can believe that. I just missed ordering it that year back then and would not pay the high prices of a couple years ago.

Just waiting on the silver one to drop down a bit more too...

Phil Ham

Boy, I got a lot of interest with this posting. I thought I bought the 1999 silver proof set for a great price of $272 at an auction. I'm now beginning to wonder. I also bought five 1999 clad proof sets for $50 each. I thought that was pretty good too but it will also probably dive down in price over the next few years. I've got hundreds of proof sets from the sixties, seventies, and eighties. I've been at a few auctions where I've bought the sets for less than the value of the coins while at other auctions they go higher than red book by even double or triple. I'm amazed at the ignorance out there. Anyway, thanks to everyone for the great comments.

bhp3rd

Most all dealers I have asked in the last month say this is the softest price on Mint and Proof sets they have ever seen. That some of them in the south are only paying 25% to 35% back of bid in hopes the customer will walk away it true - that's the bad news - the good news is once they go this far down they can only recover from here - when, I do not know but probably as the market corrects they will eventually recover.
The mint has not done us any favors though so much so that nothing but a handful of items are really considered worth a premium now.
The ones that come to mind are the fractional gold pieces of this past year - the little 10th's, halves and quarters ought to perform well and I think next years Lincoln comems should do very well indeed.
But nothing the mint has made in the last ten years will out perform a 27-s quarter in VF-35 or a 12-S nickel in the same grade nor should they - these are rare coins and they deserve our respect. I just wish I had not sold mine, "oh well, it's only money".
Other coins I thnk have a lot of room to go higher are, both flying eagle cents in VF-30 or better, the 1859 also, the mint marked late teens Lincolns in XF original, Buffalos in the same years/grades and. (I'm really going out on a limb here) - all Lincoln Memorials in gem grades. I have been working with them for 10 years now and many are tough esp. if you try to put together a roll or multiples. To find certain dates are impossible to I do so, I think these coins will go much, much higher.
Ben Peters, (home of The Knoxville Coin Show)

asciibaron

for many, the 1999 sets are the last pieces of the 20th century (never mind 2000 is the last year of the 20th century) so that might account for the over-hyped prices - i really don't care - in 3 years the silver set will be in line with the 2000 set and in my mind affordable.

-Steve

Conder101

And I think that in about three years everyone will be hyping the National Parks quarters, all the new collectors will be chasing those, and the state quarters will be an old has been, yesterdays news and of limited and declining interest. And I think that over time the price of the 1999 set will reflect that decline in interest.

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