Never really thought of a proof set as an investment unless it has coins containing silver in them, but I would say yes. You have 4 new pennies in the set, and the D.C. Territories quarters, the final set for the state quarters program, are as well.
Probably a little better than most but not sure I would call it really special. Think the cent pieces make it kind of neat but nothing I would count on making money off of in the future. Still a nice collectable to me.
However, those 2009 Lincoln proofs are already in an $2-$4 price range, and I've seen a set of all 4 listing for around $10, locally.
If you want to invest in a set from 2009, consider the 2009 uncirculated mint set (U09). This is the only place to get the uncirculated COPPER Lincoln cents in 2009. Of course, we all know that coins are not a good investment per se. TC
I like the silver set and (as TopCat pointed out) the Unc set. They're not "real" uncs..."satin finish proofs" is a better description. They're 95% copper and unique to the Unc set. Whereas the 95% copper proofs are sold in both the silver/clad proof sets and individually. There will likely be less than 800,000 of the 95% copper Unc cents sold so those cents should appreciate nicely over time (imo). Plus, the Unc set has twice the coins for half the price of the silver proof set. The silver proof set should have low sales, also. However, they likely won't appreciate as much as the 1999 sets (imo) due to the fact that the proof minting process changed beginning around 2004. They now use lazers to apply the frosting to the devices. I believe the new methods produce a greater percentage of the high end coins. I think I got the numbers from the PCGS/NGC pop reports, but I'm heading to the Nat's/O's game and don't have time to double check.
I agree that the Mint Sets may be sought after for the bronze cents and that the Silver Proof Sets will likely have a much smaller mintage (than the regular set) as well because the set is cost prohibitive for many collectors to speculate. However, let there be no mistake as to why the 1999 Silver Proof Set has such a high value. There was a household limit of 2 sets for the Silver Proof Set in 1999. The dealers (nor anyone else) could not buy them in bulk, and therefore the distribution is much more scattered. If a dealer has a 1999 Silver Proof Set, it was likely bought from a collector and therefore the dealer paid a hefty premium for the set. That is the primary reason for the price of the 1999 Silver Proof Set being so expensive. Not mintage, not the newness of the statehood quarters, but merely the lack of bulk sales to dealers. I would never expect any other Silver Proof Set to garner such a high price tag, and if it did, I wouldn't expect the price to hold over time like the 1999.
Thanks Mike...I didn't start collecting again until 2005 and wasn't aware there was an order limit. That would definately push prices up! However, I need NGC PF70 DCAMs for Delaware, Pennsylvania, and New Jersey to round out my NGC PF 70 DCAM collection...and they're pretty tough to come by at (what I believe to be) reasonable prices. The 2009s are much more plentiful so I've been thinking the minting process might have had something to do with it. However, it could be (as you indicate) due to the fact that Dealers have submitted more 2009 coins for grading than the 1999's. One point I find interesting, though is that NGC has graded 1999 coins both PF70CAM and PF70UCAM, whereas the 2009's are only graded PF70UCAM. The NGC POP figures are... 1999 - PF70UCAM Delaware.........303 Pennsylvania....639 New Jersey......651 Georgia...........924 Connecticut.....905 2009 - PF70UCAM District of Columbia...4065 Puerto Rico.............4333 Guam.....................3810 American Samoa......4230 Virgin Islands...........4133 Northern Marianas....4112 Quite a difference...interesting!
TC, I thought I wised up and "invested" in a crystal ball. Seems it's broken though. It's usually foggy. When it does work it tells me to buy high and sell higher.
