I've been collecting proof sets, especially the Silver ones and I have all the ones with the State Quarters except 1999... I just don't know if I want to pay 395.00 for it or not... I'm afraid I'd drop 400 bones on it and 2 week later it'll be worth like 250... Not really worring about it going u, just don't want it to go down...
Same dilemma here, have all the silver sets except the 99 and I could kick myself for not buying it back when it was $35. I don't see it going down anytime soon but anything’s possible. I’m going to wait and see what happens Since I don't want to shell out the $400 bucks right now. On a more positive note the 2001 set has gone up nicely.
I sold my 1999 silver proof set to my local coin dealer a while back. I don't think it's worth what it's currently bringing. There are just too darn many of them. Whether it goes up or down depends mostly on how interested people stay in state quarters. After the 10 year program is done, will everyone that's buying up these sets still be buying them? My own thought is that I doubt it. I think the state quarter craze will cool off a bit after the program is over. My feeling is that eventually, all of the people that aren't regularly coin collectors that have been buying the sets will one day (after the program is over) see their sets sitting there and think to themselves, hmmm, that was dumb. Then they'll take them down to their coin shop and sell them. The supply will go up, the price will go down and there you have it. Of course, this is all speculation.
It will be interesting to see where prices are 3 or 4 yrs from now for a complete set of the silver proof SQ's Both raw and certified. A certified set in Pr-69/NGC will not be cheap even if the public loses interest in the state quarter program. The silver JFK proofs will be very collectible as well and could see significant price increases in years to come, at least I hope so.
I have seen shows like Coin Country and Coin Vault ans HSN's coin shows and I dont think I had ever seen a recent silver proof set on there. I saw where they were doing the huge runs of proof sets (ie 1960-1998) but none that were silver SQ sets. Personally, as much as I love my 99 set even though I dropped 300 on it, I think I would sell it for 500 if the prices ever got that high just so I can work on walking liberty and franklin halved.
Coin Vault sells them for below "catalog value" that means about double fair retail price. They offer the 1999-2005 run,can't recall the actual price but it was more than $1000. which brings up the question,are there really that many people who can afford to throw money away buying grossly over priced coins from those scmucks on TV?
Honestly Silver Surfer? I am pretty sure there are tons of people that have tha much money to spend and more. There were times I was bored watching Coin Country and see these offers for "make us a deal." Being a natural born smartass at home and work I called in and offered what I thought was a fair price. Some days, ecspecially when there was a lot of gold or silver it would take a while for em to be able to call through. Needless to say they never accepted my offers lol There was often a long pause before the reply with something like "i'm afraid we cannot accept an offer that low" Then I'd mention th trending prices in Heritage or Ebay then they would just apologize lol
I simply refuse to pay the prices they are bringing now( the DH would kill me if I did). Plus I also agree that there are probably a lot of folks just sitting on sets out there that will get bored with em when the programs over and decide to sell. Right now I have just about all the proof sets from 06 back to 57 except for the 99 silver. It's just not an expense I can swallow right now, so I'll do without it.
I'm just glad I sold all my extras when they hit $100 so I don't have to worry about any of this :desk:
I really think the '99 Silver Proof sets are at their current price for two reasons- #1. the 804,565 minted figure is a mystery figure, due to the fact the Mint supposedly held back 150,000 sets in storage. Then (as only the Mint could do) they decided to release them and found that while in storage, they had somehow spotted on some of the coins and couldn't meet the Mint's standards for selling them!! Even at the 804 thousand amount, their still around average or below yearly production, since '92!! #2. It seems ALL first year sets of most any runs, are the best to own for appreciation!! The price will come down eventually but don't count on it for quite some time, the sets are having trouble busting through the $400. barrier! If they do, watch out. Just like silver and the $700. barrier, who knows--EH!!!!
I bought mine @ $120 and was worried about the same thing, I think that the 1999 will always be very popular, and I don't see the prices go down, unless there is someone hoarding a few hundred thousand of them and then he floods the market, but i SERIOUSLY doubt it!
The silver 99 will experience a slight fall in value after the states quarters are through, but other than that you can only expect that set to go up up up
I'm just glad Thalia was born in 2000, not 1999... the silver proof set for 2000 is in the $30s range... Also glad she wasn't born in 2001, either...
