After reading post here,I got all excited thinking the 2009 silver proof sets would go up in value,so I ordered several.Now no where do I see that is the case.I was thinking along the lines of the Lincoln Chronicle sets,where they are getting double their money for.Anyone have much to say as to whether they will in crease in value.Also the four penny set.
4p 4 penny sets are brilliantas far as im concerned.Im going place my order for five sets this evening, unless someone has five to go.
Modern coins and trying to make some extra dollars is very tricky. That's why coin collecting is a hobby and although some do, it is not an investment. What made you think that the proof set would become so popular that you would be able to flip them for a profit? Maybe in a few years but now, I don't think so. The aspect of ppl and members buying sets of the Lincoln Chronicles and doubling their money was a one shot deal and doesn't happen too often. As far as that 2009 proof set goes, maybe in 25 years it will be worth a sizeable profit. I don't know. Anyone else have a view?
2009 is the last year of the statehood quarters right?I read someone say the first years and last years were the best years in coin value.
Supply and demand. As for flippin....ya gotta be fast and pick the right things. The Mint might make 1 or 2 of these items each year. They call 2006 "THE YEAR OF THE FLIPPER"......:secret:
Wrong. The State Quarter Program ended in 2008. 2009 was the 6 coin Territory Series which was a separate issue and not part of the State Quarters as they are not States. Next year the National Park series begins and they aren't states either. If your theory is correct then 2008 (last year of State Quarters) 2009 (first and last year of Territory Series) and 2010 (first year of National Park Series) should be winners. Sadly due to collector burn out, lack of interest and flooding the market, the last 2 years have not been anything special. I think 2009 has some potential but nothing huge and not until 5-6 years out.
Even if the 2009 Silver Proof set were a super winner, it would not appreciate while the Mint is still offering it on their website at the original issue price. Flipping coins for profit requires patience and a significant body of knowledge. Study and good luck with your projects.
It might not be too smart to base your "investment" decisions on what "someone" said. Even experts are only guessing when it comes to predicting future values and investment "opportunities."
FLIPPING FOR FUN AND PROFIT :secret: DON'T BE AFRAID TO FLIP A COIN FOR A $5 OR $10 PROFIT. AS FAR AS YOUR PROOF SETS THEY WILL RISE IN VALUE GIVEN TIME, I OWN A FEW. :headbang:
I think this particular thread is for "bullion investing"....exactly what part of your question refers to bullion investing?
The sets are still being sold by the mint, so why would anyone pay higher prices for them from someone else. You can't flip things like that when they're still being offered to buyers at cost everywhere else. Guy~
