America the Beautiful Silver Proof Set

Is anyone buying these? They are 90% silver and going for $32.95 and wanted to see if anyone sees value. I don't think the silver will bring value but wonder since these are the 1st year will they be worth something.

Thoughts?

 

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I want to discuss these, but should we be in the US Coins area instead?

 

It's technically silver i don't think it matters and if it does they will move it

 

I'm not buying the silver set. I'm buying the clad set. I don't see it as an investment. It's more of a "I want it!" The proof clad quarters sets have awesome cameo minting.

Besides, there is like what, .9 ounces of silver in that set. And it cost nearly $33. Silver would have to go to $37 an ounce to justify this as a bullion investment.

 

I am going to wait and just buy the annual silver proof set. TC

 

These are numismatic versions of coins, they are not the sort of thing bought for silver bullion at these inflated prices, nor to be confused with bullion topics as discussed in the Bullion Investing forum.

This set has previously been discussed in this thread, from 5/25/10:

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1 bought one set, because it will be present for my son come christmas

 

I don't think there is anything wrong with buying the set if you like it as a collectible. There is also a decent chance that the value of the silver content will exceed your purchase price in a few years.

 

Don't these proof sets have an uninspiring record as far as market value goes?

 

I'm in for one. :smile The set has collector appeal.....

 

Perhaps that's so for most Proof Sets in general, but the America the Beautiful Silver Proof Set and it's Clad cousin released a week earlier are entirely new coin programs and products, so there's no track record to go on yet.

 

I am getting the sealed bag of 100 uncirculated quarters they are selling! Who knows, I might find an error or two in the bag!

 

$170 today for slabbed ultra cameo PF-70 sets, and they're selling at that price.

 

Yes, I know. I was one of the buyers. I need to stop surfing the net. :computer: TC

 

I personally wouldn't buy these, I think they are another cheap modern novelty piece. In fact, that is what I think of the whole series of America the Beautiful quarters. The state quarters were alright, but stuff like this, for me anyway, just ruins the point, the mint just keeps throwing new things at our throat, when really, they don't have to. The State Quarter Program was enough for me.
Bring back my old reverse please....

 

No because there are the 70 crowd who will send them to a TPG hoping the coins grade PR-70 so they can resell them at 4x's fair value.

 

I don't think this set will slip by any of the collectors.

1999-S Silver & Clad did and I am sure they will buy this set up!

 

Please say more, there must be a lot of other people thinking the same way. Does the idea itself seem lame to you, or is it a matter of fatigue with too many new issues bombarding you all the time?

 

With the Mint introducing some new design, some new pattern each year, it drowns the hobby with nothing more than junk.

Sure these things are fun to put in your Dansco and say you have a complete set of this and that, but the Mint just keeps finding ways to make money don't they, because everybody wants their hands on one of these, BUT for some it has nothing to do with collecting, it has everything to do with making a profit off of them, just like you could've with the 1999 State Quarters, if you bought them direct from the Mint.

These new modern issues are junk and nothing more, extremely hight mintages, and ugly designs. You know how many people would've been happier with seeing that old quarter reverse come back? That was a beautiful coin, replaced by something that was very neat, and got a lot of people into collecting, but the ATB series, is just another decade or so we have to go through, until the Mint introduces, the Types of Ketchup Quarter Series, or Soda Quarter Series. I think we are running out of options, but they will find a way. They continue to make and design the ugliest things I've ever seen.

Presidential Dollars-IMO, junk. Too many coins minted!
Sac Dollars-WHY DID THEY CHANGE IT? It had a beautiful reverse, but they could've done something with that obverse. High mintages as well.
Territorial Quarters-Junk, and shouldn't even be considered in the State Quarter Program.
State Quarters-only modern coin series that the mint has done, even remotely right.

What all those have in common is that they are/were circulating coinage at one time. I think this is the key, the coins we see are circulation are extremely ugly, versus coins that used to be in circulation. Sure I love me my Jefferson Nickels, and I even like Roosie's, but I'd pick a SLQ or a Bust over those, any day.


What ever happened to Lady Liberty on a coin? Strike a modern coin, with a symbolic representation of the foundations in which this country was founded, not some dead president, which could rise controversy, not even some national parks.

 

Here's some pics folks. Just got my set today.....:smile