Proof Quarter Sets In The Dumper

I have posted on other threads about being done with modern U.S. Mint/Proof sets after the end of the ATB series. This recent ad from a Ca. dealer just reinforces my decision. Even the 2017 issues are cheaper here than what the Mint is currently charging. I was never out to make money on my collection, just pursue as my hobby, but throwing good money after bad is simply not a good idea. What do the rest of you think of this?

 

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Apparently my LCS's dont use that price guide. They overcharge where I live. They charge almost 35.00 for the 5 piece 2017 silver quarter set, to use it as an example. Your sheet says 20, UNREAL!!!
Lucky you. I would not be complaining at those prices at all. LOL.

 

I cancelled all of my subscriptions when the SQ series ended in 2008. At one time, you could buy one of everything from the Mint for about $6K, but when it finally reached $18K, I said enough is enough. The Mint, now, is no better than Coin Vault.

Chris

 

Aw, man, I though this was going to be a really cool extension of the "CoinStar Reject Slot Finds" thread.

 

Good time for new collectors to be buying these sets for their albums but I paid for mine at full price from the Mint. No, certainly nothing wrong with ordering these on the secondary market if you still need them. Great prices. Even the 1999S silver set has come down another $15.00. I'm only missing the 2012 issues so I'm going to give them some more time to come down also.

 

I guess I'll finally get an '01 silver set for my dansco. I knew that they were poised to tank and have just been waiting it out.

 

Just to play devil's advocate here, I'm guessing your local B&M is a business as opposed to existing simply to cater to collector wants or whims. I'll never understand why so many appear to assume that this business is one, very large nation-wide market when the reality is that there are innumerable micro-markets throughout the country. Assuming that the mentioned B&M is able to achieve such prices, the obvious answer is that your local market is both able and willing to support them, at least at a level satisfactory to the business owner.

It's all too easy to say someone "overcharges" simply because the same can be had elsewhere for less, but the fact is there simply is more to it than many are willing to consider. Really, this should be Business 101.

 

Are these for sale prices, or buy prices?

It makes a lot of difference

 

Indeed, but based upon the listed prices of single presidential dollars, selling prices seems the only logical conclusion.

 

I never assume

 

What happens when we assume?

 

I'm sure where they are located garners their high prices. I understand that. But for quarters, I usually buy online.

 

For sale prices from Glenn's Coin Shop In Ca. (Imagine what he's paying)

 

wow... I feel like buying some and selling them to LCS here...I gotta do some math

 

So what are the "SBA Slugs" that he's selling for half of face value?

 

I was wondering that also. Must be damaged so bad even a bank won't take them back.

 

No website listed, just an email, physical address and tel. #. Long time advertiser in NN. If you want this info I will post to you P.M.

 

I dunno, but suddenly I want one

PM me, tommyc03?

 

Grab me one too please! (Honestly, if you're buying them, PM me and we can figure something out).

 

Probably the Treasury medals they used to fill the SBA hole in the 1982 proof sets.

I think it you want them you should buy them in the aftermarket. What you are showing here is nothing new, I've seen the same thing for 45 years. I used to buy mint sets at 10% back of bid, and that meant for some of them I was paying less than face value. And people were still selling them to me.