I recently purchased my first slabbed state quarter. I don't really like post-1964 coinage too much, but it was a good deal and my home state. It was a Silver 2000-S PCGS PF69DCAM Massachusetts state quarter that i got for $10/shipped. Anyway i was just checking it's value out on PCGS.com and noticed that the 1999 series Proof silver state quarters are approx $100 in PF69DC, while 2000 quarters are about $30 in PF69DC. My question is why the huge price difference between the '99 and '00 quarters?? WIll the '00 and later quarters rise in price to match the levels of the '99 quarters as time goes on? Is it a reasonable idea to "invest" in high-grade state quarters with the expectation that they will rise in time?? I'm not looking for a big money jump, but if a coin i buy for $20 or so jumps to $100-150 in a few years that would make me happy. I don't really ever intend on selling any of my collection.
the '99 is the first of what many consider a series '99 to '08. The Delaware coin in particular was popular from what I understand. It is not the lowest mintage by far. The 2003 set had a less overall mintage . personally I like the state quarters and think they will continue to increase in popularity but I may be partial to the state quarters as i collect the mint and proof sets. Some hype has driven the '99 sets up to I think . Now if i can figure out why the '01 has gone up so much. That would be a good return but be careful with the investment part. Most in here and i am sure some will post that it is dangerous to look at coins as an investment. It is a hobby and one needs to collect what they like, read, listen and learn before spreading the bucks. It is so easy to get caught up in(can not think of the word) this and turn what should be a fun hobby into a problem. This is just my opion for what it is worth.
The only ones that will make huge amounts of money investing in coins are the wealthy, at least thats the way it seems to me.
Sure the wealthy can invest large amonts and make large amounts, but, if we are careful, we can do okay for ourselves. Still, buy for the love of it, and if you make some money, you are ahead.
I guess the word "investment" was a bad one to use. This is a hobby to me, but i would like to see all my coins gain value in my possession. I'm just curious to if the statehood quarters will rise in value over time?
I think the 1999 S are higher relative to the others in that it's the low mintage of about 800,000 for the 25 cent silver proof series based on Type. The next higher is 2001 S with 890,000. For major appreciation I think you have to consider will 800,000 be too high a number to appreciate over time. But for me if I was going to do a graded collection of the quarters I would do the silver series because the mintages are the lowest relative to the others and compared to the regular strike prices they look like a bargain..
current prices on ebay for silver proof sets (including postage): 1999 $311.00 2000 $31.00 2001 $154.00 !!! 2002 $57.00 2003 $41.00 2004 $42.00 2005 $31.00 2006 $39.00 some of those are pretty inexpensive and are a bargin. Once the promotion machine warms up in 2008-2009 these will be worth more than this. That 2002 is already creeping up there.
sorry boston i misread what you were asking. I do like the state quarters especially in the silver proofs and mint state think they have a bright future. it will be interesting to see what happens in the last part of '08
I predict that in about 20 years all the state quarters will be put back into circulation with the Bicentennial ones. Just to many being saved.
