Lincoln Chronicles Set, thoughts?

So how does everyone think the Chronicles set will do long term?
They seem to be holding their own right now...
Has the mintage/production of the set remained limited at 50,000?
Once the 2010 cent becomes more well known I believe people will recognize this sets (and all 4 2K9 designs) value and it will continue to appreciate.

Thoughts???

 

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Started to sell mine on Ebay and then cancelled the sale. I just could not part with it yet. They were going for 160.00 and last time I looked they were going for 120.00. I think they have to go up in value just due to silver going up and the 50,000 limit. There are a lot of collectors that want it.

 

Glad I flipped mine for 160 while I could!

I think long term they will be worth something but I see the 250$ mark a long ways off for these guys.

 

I had two and just sold one last night on ebay for $135. I put it up Monday night. Sold within two nights...not bad.

We sold a few at our local coin show this weekend for $140. I believe in the long run, the price will settle to around $120 for these.

 

I really like the set. I think the mint did a good job with it.

 

I have two sets and I think that the price will settle at $80. Of course, I'm a pesimist.

 

I don't think it will hold it's value. Look at the coins in the set, the proof cents have very high mintages and so does the commemorative dollar. None of those coins are overly valuable, so what you are paying for is the holder the coins come in. The set does have a nice appearance, but I don't think it will hold a large value in the long run because the coins themselves won't.

 

I think you can also add some value for the 100 year aniversery angle. There are a lot of lincoln collectors out there, always will be and this set will have multiple reasons to appreciate.

 

The people that are snatching up these sets dont care about the coins...they just want the limited mintage packaging.

 

I'm glad to have one but not happy with the quality.

 

My feeling, this is just a "Legacy Set" minus the nickle, quarters, half, assorted dollar coins and the Braille. We all know what happened to the prices of the Legacy sets in the aftermarket. Pretty packaging ain't gonna float the Chronicles set. I say the price on these will drop like a stone down the road.......

 

Ken, are you now dropping stones down the road up there in NY! :kewl:

 

I agree I bought just the one but really like it and plan to hold onto it either way, up or down.

 

LOL, don't get me wrong Joe, I love my set and the packaging. Just don't expect to cash in on it down that old "rocky" road of the future....

 

I am with you Ken. The jury is still out on these. Each day that I have it, I am wondering why I even bought one. No offense to those that love the set, but there is really nothing special about it. I was blessed to have landed two and very lucky that the one I sold paid for my first set, but I am not sure if I am keeping this one for the long haul. But if I am going to do anything, I better do it now before they do lose that value. Tick tock, tick tock. :goof:

 

I'm keepin' mine. Remember, I'm a "modern" guy......

 

That's exactly my point, the people who are snatching these up now care about the packaging. Once this set becomes a couples years old, these "flavor of the month" collector's who want the packaging will no longer exist. The coins are what makes these sets valuable in the long run...and these coins have no reason to be overly valuable.

I completely agree.

 

I'm almost convinced to use the extra two I have for Christmas presents for my 2 kids since they won't be getting a proof ASE this year.

Earlier this year I bought an insurance policy, a Lincoln commem in PR69 and an extra set of proof cents.

 

I think it's neat that the prices are still staying up there but I'm surprised they are. I'd be interested to know what percentage of people who purchased these, were only looking to make a quick flip on the secondary market. Because I thought they'd be dying down on ebay by now but ebay has been saturated with 7 pages of them, non-stop since they came out.

If somebody was able to get two to sell one and pay for the one they kept, that was a pretty wise move. As far as selling my one set, I'm just not interested. Even though you can double your money, I'm not interested in giving up a set this nice and going through the hassle to make a measly $60 bucks. I'd rather just keep the set and forget about it.

As far as quality of the cents, I believe they sprayed some type of coating on them to keep them from toning. Mine had dark spots too. I'm guessing it was probably from whatever they used. I still wasn't disappointed with them. At least there were no white spots.

As for the future, I suspect they will settle down to a slight premium over mint issue, because of the packaging. 500,000 silver dollars and countless LP proof sets is simply not that rare. The market won't support it once the hype is over and the masses move onto the next big thing. That's my guess. Could be wrong though.

 

I think the reason they are still high is because Christmas is a little more than a month away. Once we get through the holidays, I expect these to drop.